Celebration in Unity: CTI Awards 86.5oz of Gold Coins to Long Service Talents
December 30 2011 - 12:26AM
At City Telecom (HK) Limited (HKSE:1137) (Nasdaq:CTEL), our
company-wide annual dinner has become a tradition. After a year of
hard work and solid results, our 3,200 colleagues in Hong Kong and
Guangzhou celebrate in unity. This year, the Annual Dinners were
held in Kowloonbay International Trade & Exhibition Centre,
Hong Kong and The Garden Hotel, Guangzhou for our HK and GZ Talents
respectively.
In Guangzhou, our dinner featured stellar performance by
canto-pop star Joyce Cheng.
In Hong Kong, we awarded long-service awards with gold coins of
0.5oz for 5 and 10 years and 1.0oz for 15 years of service,
totaling 86.5oz (2.45kg) this year. Over our 19-year corporate
history, we estimate having awarded gold coins weighing totaling
over 536oz (15kg), with total current market value at over HK$7.8
million (US$1.0 million).
Annie Sin, Director of Administration, said,"Every year, our
annual dinner gets bigger and more fun. This dinner is a one of the
many ways we, as a company, show our Talents how much we appreciate
their contributions during the year."
As an appreciation of our Talents' hard work, this year, we will
be rewarding our Talents with bonus at average 2.02 months basic
salary. Ranked from best performance to worst, our top Talents
would be awarded bonus equivalent to 4 months basic salary, whilst
the bottom 5% of our head count would be considered to be
terminated, highlighting our performance based culture.
To share in our fun for the annual dinner, please check out
http://reg.hkbn.net/ctigroup_admin/files_upload/PR_AnnualDinner_HappiestTalents_E.pdf
For the full Press Release, please download at:
http://reg.hkbn.net/ctigroup_admin/files_upload/PR_AnnualDinner_E.pdf
About City Telecom/ Hong Kong Broadband Network
Limited
Established in 1992, City Telecom (H.K.) Limited (HKSE:1137)
(Nasdaq:CTEL) provides integrated telecommunications services in
Hong Kong via its own self-built fiber network. City Telecom's
wholly-owned subsidiary, Hong Kong Broadband Network Limited
(HKBN), is the fastest growing broadband service provider in Hong
Kong. HKBN offers a diversified portfolio of innovative products
that service over 1,240,000 subscriptions for broadband, local
telephony and IP-TV. The Company has built a solid market position
with top-of-the-line applications and practices enabling its
substantial growth. The company takes great pride in developing its
over 3,000 Talent force into a competitive advantage. Additional
information on City Telecom can be found at
www.ctigroup.com.hk.
CONTACT: Corporate Communications
Jessie Cheng
Tel: +852 3145 4118
Fax: +852 2199 8372
Email: chengcm@ctihk.com
Investor Engagement
Peggy Chan
Tel: +852 3145 6068
Fax: +852 2199 8655
Email: investor_engagement@ctihk.com
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