The name's Tsang, Donald Tsang | South China Morning Post
  • Sun
  • Feb 1, 2015
  • Updated: 11:43pm

The name's Tsang, Donald Tsang

PUBLISHED : Thursday, 23 February, 2012, 12:00am
UPDATED : Thursday, 23 February, 2012, 12:00am

The luxury HK$152 million super-yacht on which Chief Executive Donald Tsang Yam-kuen and his wife Selina sailed back to Hong Kong at the end of their controversial private visit to Macau last weekend is owned by a secretive company linked to billionaire tycoon Thomas Lau Luen-hung.

The yacht was made by a British firm that provides state-of-the-art boats for James Bond films.

Company and ship registration records obtained by the South China Morning Post confirm the Golden Toad - one of three luxury yachts at the centre of controversy over Tsang's two-day casino resort and grave sweeping trip - is owned by Hong Kong-registered Double Synergy. The sole director is Rosita Yau Mun-yee, named as Lau's personal assistant in an Insider Dealing Tribunal report in 1999.

Thomas Lau - who is on the chief executive Election Committee and has nominated Henry Tang Ying-yen - is the brother of Joseph Lau Luen-hung, who controls property and development company Chinese Estates Holdings and is one of the world's richest men.

Double Synergy's listed office is on the 20th floor of the East Point Centre at 555 Hennessy Road, Causeway Bay, but you would never know that from the directory in the lift lobby, which makes no mention of the firm. The address is home to the Sogo department store which belongs to Lifestyle International Holdings, of which Lau is managing director.

The mystery deepened at the Sogo reception desk on the 20th floor yesterday, when a receptionist confirmed Double Synergy was based there, but added: 'It's a confidential company.'

According to the Marine Department's register of ships, and the company who built it, Golden Toad is a 32-metre-long Predator 130 high-performance yacht. It was registered in Hong Kong on September 14 last year.

One buyer paid British yacht maker Sunseeker International the equivalent of HK$152 million for a Predator 130 at the Dubai International Boat Show in 2010.

A sales representative of the company - motto 'only the best will do' - last night said: 'We have made and provide powerboats similar to this for at least four James Bond movies, among them Quantum of Solace.'

The company refused to make any official comment on the Golden Toad, citing client confidentiality.

Marine Department records revealed that another of the three yachts involved in the Macau row, the Moon Sand, is owned by a company called Yestime, which has a registered office on the 4th floor of Wing On House in Central. However, its only visible presence there is a plaque on the wall.

Tsang also admitted taking a ride from Phuket to Hong Kong on a private jet, paying its owner the equivalent of an economy class fare.

The Gulfstream G450, reportedly owned by Cheung Chung-kiu, the tycoon linked to the latest revelation about Tsang, is an intercontinental private jet. It can carry eight passengers and a crew of three and has a range of 8,056 kilometres.

Fallen fung-shui master Tony Chan Chun-chuen once bought one for HK$280 million.

The Predator 130

- Costs HK$152 million

- Five luxury en-suite staterooms

- Walk-in wardrobes, stone floors and fitted carpets

- Dining room for 10

- Teak decks

- Lacquered bulkheads


For unlimited access to: SCMP Tablet Edition SCMP Mobile Edition 10-year news archive



Login Account