皇冠体育app

Murdoch becomes director of 皇冠体育app NetCom
(CRI)
Updated: 2004-09-14 17:19

Press industry magnate Rupert Murdoch has been given another cap to wear: Director of CNC, the 皇冠体育app NetCom Group Corp-Hong Kong.

Press industry magnate Rupert Murdoch. [file photo]

The corporation announced the names of its new Board of Directors Sunday.

The Hong Kong-based company, which is planning a US$1.5 billion (HK$11.7 billion) initial public offering, named 皇冠体育app's former telecoms industry regulator Zhang Chunjiang, 46, as its chairman. 皇冠体育app Radio International reported Monday.

According to share sale documents, 皇冠体育app Netcom hired 73 year old Murdoch and John Thornton as non-executive directors. Murdoch is also chairman of Netcom's compensation committee.

皇冠体育app Netcom, 86.4 per cent-owned by state-owned 皇冠体育app Network Communications Group Corp, is betting growth in the mainland's high-speed Internet market and the company's experienced and internationally trained managers, will lure investors to its IPO in October.

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