CK Infrastructure Investors Back Disposal of UK Power Networks

The latest announcement is out from CK Infrastructure Holdings ( (HK:1038) ).

Shareholders of CK Infrastructure Holdings have overwhelmingly approved a connected and major transaction to dispose of its interest in UK Power Networks under a share purchase agreement. The ordinary resolution, covering the sale of CKI Sub’s shares and shareholder debt instruments, passed with 99.99995% of votes cast in favour at a special general meeting held on 27 April 2026.

Shareholders with a material interest, including entities connected to Chairman Victor Li and certain associates, abstained from voting in accordance with listing rules, leaving about 99.77% of the issued share capital eligible to vote. The company cautioned that completion of the disposal remains subject to outstanding conditions under the agreement, meaning there is still a possibility the transaction may not proceed, and advised investors to exercise care when dealing in its securities.

The most recent analyst rating on (HK:1038) stock is a Buy with a HK$70.00 price target. To see the full list of analyst forecasts on CK Infrastructure Holdings stock, see the HK:1038 Stock Forecast page.

More about CK Infrastructure Holdings

CK Infrastructure Holdings is a Bermuda-incorporated infrastructure investment company listed in Hong Kong. The group focuses on regulated infrastructure assets such as energy, utilities and transport, with a significant portfolio of overseas investments, including in the United Kingdom.

YTD Price Performance: 15.54%

Average Trading Volume: 2,119,582

Technical Sentiment Signal: Buy

Current Market Cap: HK$159B

Learn more about 1038 stock on TipRanks’ Stock Analysis page.