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  • September 17, 2014
  • Last updated: 11:41pm
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  1. Business - Comment - LAI SEE

    Suspense at Wison Engineering is killing shareholders

    Posted Sep 04th 2014, 01:00am by Howard Winn

    ... yuan (HK$234 million) loan. The upshot of all this is that shareholders have been unable to trade their shares for a year. It's not as if company activity collapsed in the wake ... Until the police take a harder line, either by increasing fines, clamping, or towing vehicles away, this problem will continue.   In-office affairs We see that the website efinancialcareers.hk ...

    http://www.scmp.com/business/article/1584630/suspense-wison-engineering-killing-shareholders
  2. Business - Comment - LAI SEE

    It's Christmas again with David Webb's Arts Optical tip

    Posted Aug 21st 2014, 01:26am by Howard Winn

    ... on the news that it had sold its Shenzhen factories that are on a site earmarked for urban renewal for the equivalent of HK$2.27 billion, adding about HK$2.60 to HK$3.00 per share. Curtis recalled that in the days when shareholder rights activist David Webb used to provide "a Christmas pick", Arts Optical was his tip in 2002 when the share price was HK$1.87. Indeed Webb, together ...

    http://www.scmp.com/business/article/1577980/its-christmas-again-david-webbs-arts-optical-tip
  3. Business - Comment - LAI SEE

    Sino Iron fiasco has Clive Palmer changing his attitude to China

    Posted Aug 23rd 2014, 01:03am by Howard Winn

    ... But the principal dispute is about the royalties that Citic undertook to pay Palmer's company Mineralogy for shipping the ore. Palmer claims that Sino Iron owes him A$500 million (HK$3.6 billion) ...

    http://www.scmp.com/business/article/1579552/sino-iron-fiasco-has-clive-palmer-changing-his-attitude-china
  4. Business - Comment - LAI SEE

    House rules in sale of land to official

    Posted Aug 14th 2014, 01:23am by Howard Winn

    ... Howard Winn We have been looking at the application documents relating to the Lands Department official who bought a sizeable chunk of agricultural land in Yuen Long, an area in which she had a supervisory role as assistant director. It will be recalled that Anita Lam Ka-fun, together with her husband, bought 13 plots of agricultural land in Yuen Long for HK$18.8 million ...

    http://www.scmp.com/business/article/1573096/house-rules-sale-land-official
  5. Business - Comment - LAI SEE

    Annells' companies sued by law firm

    Posted Aug 06th 2014, 03:12am by Howard Winn

    ... for HK$1.4 million for fees and legal services. It is also seeking interest on this sum from the date of the writ and costs. The companies were founded by tax consultant Deborah Annells and she was their chief executive. They specialised in arranging the tax affairs of expatriates. However, Annells is remanded in jail and faces 55 counts of theft and fraud involving more than HK$36 million. She ...

    http://www.scmp.com/business/article/1567229/annells-companies-sued-law-firm
  6. Business - Comment - LAI SEE

    HKEx still feels the pain of losing Alibaba to the United States

    Posted Aug 08th 2014, 04:28am by Howard Winn

    ... in the economic, social and environmental dimensions of our industry." Clearly this issue has not gone away.   Chainrai sues for HK$66.7m There seems to have been a falling-out between Hong Kong ... out a writ in Hong Kong's High Court in which he is demanding 29.5 million Israeli new shekels (HK$66.7 million) from Kushnir, together with Kushnir Family Holdings, Israel Sorin Shochat, ...

    http://www.scmp.com/business/article/1568626/hkex-still-feels-pain-losing-alibaba-united-states
  7. Business - Comment - LAI SEE

    Anthony Wu pays the price of professional misconduct

    Posted Jul 24th 2014, 12:59am by Howard Winn

    ... suspect that while Wu might, the other two won't. So did Wu get off lightly? He was struck off for two years and fined HK$250,000, while both EY and Yen were reprimanded and fined HK$150,000 and HK$100,000 respectively. In addition they have to pay the HKICPA's cost of the investigation which amounted to HK$2 million. Presumably EY will pay Yen's share of the HK$2 million costs ...

    http://www.scmp.com/business/article/1557780/anthony-wu-pays-price-professional-misconduct
  8. Business - Comment - LAI SEE

    Superpower weddings

    Posted Aug 02nd 2014, 01:16am by Howard Winn

    ... Chinese have had any difficulty in creating memorable weddings. Take the case of Xing Libin, a coal mine boss from Shanxi province, who a few years ago lashed out 70 million yuan (HK$87.8 million) ...

    http://www.scmp.com/business/article/1564575/superpower-weddings
  9. Business - Comment - LAI SEE

    The economist who wants to be paid to be wrong

    Posted Jul 30th 2014, 01:16am by Howard Winn

    ... www.missinglinks.hk   Have you got any stories that Lai See should know about? E-mail them to howard.winn@scmp.com ...

    http://www.scmp.com/business/article/1562207/economist-who-wants-be-paid-be-wrong
  10. Business - Comment - LAI SEE

    No alarm at fire in The Centrium

    Posted Jul 25th 2014, 01:29am by Howard Winn

    ... station. Gromit Unleashed Hong Kong is a charity event which follows the huge success of the event held in Bristol, England last year which raised £3.8 million (HK$50.2 million) for Bristol ...

    http://www.scmp.com/business/article/1558518/no-alarm-fire-centrium

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