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Li Ka-shing offers slim payout to shareholders, promises sweet returns

Owners cheer deal as Cheung Kong Infrastructure bids to buy its electricity arm

Hong Kong

THE last time Li Ka-shing, Hong Kong's richest man, rejigged his corporate empire, he offered a slim payout to minority shareholders, who ended up profiting handsomely anyway. His latest deal may go the same way.

Mr Li's Cheung Kong Holdings offered a 2.3 per cent