Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Business Leaders  >  Business Leaders Biography

Business Leaders

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
HomeAll newsMost read newsBusiness Leaders Biography
Portrait de Richard Li
Country of residence : Unknown
Linked companies : GoConnect Limited

Summary 
Founder of Sino Strategic International Ltd., Richard Li currently is Executive Chairman of GoConnect Ltd. Mr. Li is also Member of Australian Institute of Co. Directors.

In his past career he held the position of Chief Operating Officer & Executive Director at Sino Strategic International Ltd.

He received an undergraduate degree from RMIT University and a graduate degree from Monash University.


Current positions of Richard Li 
NameTitle Since
GoConnect Limited
(IT Services & Consulting)
Executive Chairman 1999
Australian Institute of Co. Directors Member -


Richard Li : Personal Network 
NameLinked companies
Joe Fekete Australian Institute of Co. Directors
GoConnect Limited
Philip George Crabb Australian Institute of Co. Directors
Paul John Dowd Australian Institute of Co. Directors
Gregory W. J. Ridder Australian Institute of Co. Directors
Micheal P. Nugent Australian Institute of Co. Directors
Timothy Carl Netscher Australian Institute of Co. Directors
Julie Anne Hill Australian Institute of Co. Directors
George Morstyn Australian Institute of Co. Directors
Peter Roland Hearl Australian Institute of Co. Directors
Peter James Lee Australian Institute of Co. Directors


Biography of Richard Li 
Richard Li Tzar Kai is a Hong Kong businessman and philanthropist. He is the younger son of businessman Li Ka-Shing and brother of Victor Li.

Li was 26th in the Forbes List of Hong Kong’s 40 Richest people for 2010. The same publication named Li as 773rd in the list of the world’s billionaires, with an estimated fortune of $1.3 billion.

Education and early life
Li attended St. Paul's Co-educational College in Hong Kong and left at age thirteen to be educated at Menlo School in Atherton, California. To earn money, he took shifts at McDonalds and also worked as a caddy at the local golf course. He attended Stanford University, studying computer engineering, but did not receive a degree; he states that he withdrew from the school for personal reasons after three years.

Li acquired Canadian citizenship in the 1980s. His Canadian citizenship has proven valuable to him in his financial dealings, allowing him to make bids for PCCW to purchase stakes in companies such as Air Canada and Bell Canada Enterprises without running afoul of restrictions on foreign ownership.

Business activity
Li is chairman of PCCW and chairman of PCCW's executive committee. He is also chairman and chief executive of the Pacific Century Group, chairman of Pacific Century Premium Developments Limited (PCPD), chairman of PCPD's executive committee and chairman of Singapore-based Pacific Century Regional Developments Limited. PCCW is a publicly traded company. In early 2009, Li attempted to take PCCW private again, offering to buy out existing public shareholders at HK$4.50 per share, a premium of nearly 55% to the HK$2.90 price before the offer was announced. In Hong Kong, acquisitions must be approved by shareholders with holdings totalling 75% of all voting shares, and additionally by a majority headcount of all shareholders no matter the size of their holdings. Shortly before the shareholders' vote on the issue, some large existing investors in PCCW granted shares to roughly 800 agents at Fortis Insurance Asia, following which a shareholder vote to approve the merger passed by 1,400 in favour vs. 850 against. As a result, activist shareholder David Michael Webb filed a complaint with the Hong Kong Securities and Futures Commission, resulting in an investigation by the SFC and an eventual court case against what its chairman Martin Wheatley described as 'malpractice and manipulation of voting'. Court of First Instance judge Susan Kwan initially approved the merger on 6 April on the grounds that such 'share splitting' was legal in Hong Kong; however, the SFC appealed the case, and on 22 April, Anthony Rogers, Johnson Lam, and Aarif Barma of the Court of Appeal ruled in favour of the SFC and against Li, thus blocking the buyout.

In June 2011, Hong Kong's stock exchange approved the carve-out of the telecommunications and mobile assets by PCCW, which also has broadband television, consulting and property businesses. The exchange initially rejected the proposal in April due to regulatory concerns. In September 2011 the final hurdles were cleared by Hong Kong’s stock exchange for PCCW to list its telecommunications assets as the city’s first publicly traded business trust.Fox Hu and Mark Lee [ 'Richa


Source @ Wikipedia



Most Read News 
03/21ELON MUSK : Tesla's Musk tells employees vehicle deliveries 'primary priority' near end of first quarter
RE
03/20MIKHAIL FRIDMAN : Shareholder vote clears way for Fridman bid for Spain's DIA
RE
03/19ROBERT PEUGEOT : Fiat Chrysler revs up as Peugeot points to merger potential
RE
03/21ERNESTO BERTARELLI : French healthcare group Stallergenes to be bought out by Bertarelli vehicle
RE
03/23TIM COOK : keep opening for sake of global economy
RE
03/19RUPERT MURDOCH : Murdoch's new Fox debuts on Nasdaq, names ex-Speaker Paul Ryan to board
RE
03/22ELON MUSK : Musk's lawyers call tweet in SEC's contempt bid 'not material'
RE
03/18ELON MUSK : Elon Musk never sought approval for a single Tesla tweet, U.S. SEC tells judge
RE
03/20CARLOS GHOSN : Trial of former Nissan boss Ghosn's expected to start in Sept - NHK
RE
03/23ROBERT PEUGEOT : Fiat Chrysler Turned Down Peugeot's Merger Approach -- WSJ
DJ
More news


© 2019 People and Ownership :   
Advertisement
Richard Li : Connections 
Axis Consultants Pty Ltd.
The Sustainable Minerals Institute
G & R Morstyn Pty Ltd.


Latest news about Richard Li 
03/22SIAM COMMERCIAL BANK PCL : Thailand's Siam bank in talks again with FWD for insurance unit sale
RE
2018HSBC : gets regulatory nod to sell Malaysia insurance unit stake to FWD
RE
2018CHINA MOVES CLOSER TO ALLOWING FOREIGNERS TO CONTROL INSURANCE VENTURES : sources
RE
2018China moves closer to allowing foreigners to control insurance ventures - sources
RE
2018FWD pursues pan-Asia ambitions with deal for CBA's Indonesia insurance unit
RE
2018RICHARD LI : sources
RE
2018Prudential, Sun Life among bidders for CBA's Indonesia insurance business - sources
RE
More news


Popular Business Leaders 
Frank Appel Jeff Bezos Lloyd Blankfein Vincent Bolloré Warren Buffett Kenneth Chenault Jean-pierre Clamadieu Tim Cook Benjamin De Rothschild Leonardo Del Vecchio Oleg Deripaska Jamie Dimon Larry Ellison Sergio Ermotti Laurence Fink Christoph Franz Bill Gates Carlos Ghosn David Henry Carl Icahn Robert Iger Rakesh Kapoor Edward Lampert Jean-bernard Lévy Jack Ma Lakshmi Mittal Dennis Muilenburg Rupert Murdoch Elon Musk Pierre Nanterme Peter Nicholas Michael O'leary John Paulson Robert Peugeot Hasso Plattner Wolfgang Porsche Alexandre Ricard Kasper Rorsted Wilbur Ross Sheryl Sandberg Charles Schwab Masayoshi Son Martin Sorrell Bernard Tapie Tidjane Thiam Patrick Thomas Axel Weber John Williamson Dieter Zetsche Mark Zuckerberg
A-Z Business Leaders