jrkob - you beat me to this. I read this in the SCMP earlier and was hard pressed to find a winner. Even superman does not seem to be a winner in this deal.

I am actually meeting someone from one of the two utilities later this week for a drink and I am sure they're going to be complaining about this. If they don't there there is obviously something we have missed out on.

Perhaps Superman thought of something like this when CKI reduced their holdings in HKEC a couple of years ago?