CLP Innovation Ventures (Israel) Limited, a wholly-owned subsidiary of CLP Holdings Limited (CLP), and Other Sources Energy Group Limited (OSEG) are pleased to announce the formation of a joint venture to explore investment opportunities in next-generation energy technologies and innovations in Israel as the two companies look to empower the low-carbon transition for energy users.
CLP Holdings Limited (CLP) is pleased to announce solid annual results for 2018. The Group’s operating earnings for the year increased 5.1% to HK$13,982 million. Total earnings decreased by 4.9% to HK$13,550 million, largely due to favourable one-off items in 2017. These figures reflected the combination of continued robust performance in our overseas businesses and dependable earnings from our Hong Kong base. They also allowed the Board to approve a fourth interim dividend of HK$1.19 a share. Total dividends per share for 2018 are HK$3.02, a 3.8% increase from 2017.
CLP Power Hong Kong (CLP Power) yesterday (31 January) completed work on the first project under its new Power Connect programme which provides subsidies to landlords of subdivided units to do rewiring work for the installation of individual electricity meters. The programme allocates HK$5 million a year for this purpose to improve the home safety and living environment of underprivileged people living in subdivided units. The Power Connect programme began in January this year with the aim of encouraging energy saving and promoting community care.
CLP Holdings Limited today announced a number of continuing connected transactions between the CSG Group and the CLP Group in accordance with the Listing Rules. These transactions were entered into in the ordinary and usual course of business of the CLP Group. Please refer to our announcement to the Stock Exchange of Hong Kong for details.
CLP Power Hong Kong Limited (CLP Power) announced today that it will have rebated to customers the refunds received to date from the Hong Kong SAR Government in relation to CLP Power’s claims against the Government’s overcharged rent and rates by 17 February 2019. As a result, the Rent and Rates Special Rebate will be discontinued with effect from 18 February 2019. Customers will be notified separately about the arrangement.
The CLP Power Academy of CLP Power Hong Kong Limited (CLP Power) today (14 January) celebrated the first batch of students to complete the Professional Diploma in Power Engineering and the Certificate for Junior Electricians programmes, and welcomed a new intake of students for two newly-launched programmes.