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Hutchison establishes independent board committee

Telecoms services provider Hutchison Telecommunications International Limited (HTIL) (SEHK:2332) (NYSE:HTX) announced on Friday that its board of directors has established an independent board committee.

The committee comprises Kwan Kai Cheong and Kevin Westley, both independent non-executive directors of Hutchison Telecom.

The company also said it has, with the approval of the independent board committee, appointed Somerley Limited as the independent financial adviser to advise the committee, in connection with the company's privatisation proposal and for the purposes prescribed by the Hong Kong Takeovers Code.

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