Sun Hung Kai Properties is one of Hong Kong’s largest property groups, with revenue of HK$68.4 billion in the 2011-2012 financial year, and profit attributable to shareholders of HK$43.08 billion. The company has been shaken in recent years by disputes between family members, with chairman and chief executive Walter Kwok being forced to step down in a dispute with his brothers Thomas and Raymond. In March, the Independent Commission Against Corruption (ICAC) arrested senior officials as part of a corruption probe that also included former chief secretary Rafael Hui.
Our editors will be looking ahead today to these developing stories ...
SHKP's Kwoks and Hui to enter plea
The billionaire Kwok brothers, along with former chief secretary Rafael Hui Si-yan and two other accused, are expected to enter a formal plea at a committal hearing to be held in Eastern Court, where they face charges of bribery and misconduct in public office. Thomas Kwok Ping-kwong and Raymond Kwok Ping-luen are the co-chairmen and joint managing directors of Sun Hung Kai Properties, one of the city's biggest developers.
Events mark International Women's Day
A range of events take place in Hong Kong to mark International Women's Day. They include the presentation of the Women's Commission's gender mainstreaming awards, and a protest by the Society of Community Organisations to call for more family friendly policies. The Federation of Women's Centre will also hold a paper aeroplanes campaign, to call for more support for those who spend their lives taking care of others.
Former tabloid editor in court
A former tabloid newspaper editor, later a senior aide to the British prime minister, appears in a London court charged with making illegal payments to public officials. Andy Coulson, who edited the News of the World until 2003, was snared as part of a police inquiry into phone hacking. He was forced to quit as director of communications to PM David Cameron over the phone hacking affair which forced the closure of the tabloid.
South by Southwest gets under way
The largest annual music festival of its kind in the world kicks off in Austin, Texas. More than 2,500 performers and bands will appear in South by Southwest, which also features film, arts and technology elements. Among the big names playing will be US rock band Green Day, who return to the stage for the first time since frontman Billie Joe Armstrong's stint in rehab for substance abuse.
Dutch musicians look to set a record
A Dutch musical duo go for a place in the record books by releasing 155 different singles in one day. Nick & Simon hope to make it into the Guinness World Records book with their offbeat stunt. They'll achieve the feat by releasing 154 alternative versions of their single Julia, with the title replaced by other womens' names. All 155 versions of the song will be downloadable and seven different variants of the single will be also released on CD.
Suu Kyi's party holds first congress
Aung San Suu Kyi's long-suppressed opposition begins its first party congress, cementing its new place in Myanmar's political mainstream as it aims to sweep to power in 2015. Delegates will flock from across the country for a meeting aimed at redefining the National League for Democracy's leadership, in a major milestone for a group silenced for two decades. Some 850 delegates will elect a core executive of 15 leaders.