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  1. Shun Tak plans top hotel for Macau

    Posted Mar 27th 2012, 12:00am

    ... Sandy Li sandy.li@scmp.com Shun Tak Holdings, which runs businesses ranging from property to shipping and hotels, says it plans to build 'an ultra-luxury hotel' on Macau ... to soaring fuel costs. A final dividend of 4 HK cents would be declared for the second half, against 6 HK cents in the previous year. 'The group is in discussion with the Macau government on its ...

  2. Internet booking spares Macau the push and shove

    Posted Jul 17th 2008, 12:00am by Fox Yi Hu

    ... Fox Yi Hu Macau residents seem to be in a different league from Hongkongers when it comes to queuing for commemorative Olympic banknotes. Between 100 and 200 people lined up overnight at Bank of China branches in the city before they opened yesterday- a far cry from the thousands who queued through a massive thunderstorm in Hong Kong on Monday night. Queues in Macau were ...

  3. Glowing GDP figures hide reality of Macau economy

    Posted Apr 01st 2008, 12:00am by Jake Van Der Kamp

    ... with Jake van der Kamp 'The richest place in Asia is now Macau. The casino boomtown's per capita gross domestic product surged 26 per cent in current values to US$36,357 last year, according to Macau statistics and census service. 'In current US dollar terms, Macau now ranks 20th on the list of the world's richest economies- ahead of Italy and just behind ...

  4. Macau deals boost NWS earnings

    Posted Oct 11th 2007, 12:00am by Staff Reporter

    ... Jasmine Wang NWS Holdings, the infrastructure and services arm of New World Development, yesterday reported a double-digit jump in annual earnings, boosted by a construction boom in Macau ... for projects in Macau. 'The construction boom in Macau has helped growth in the contracting business,' said executive director Tsang Yam-pui. 'Macau contracts have a higher margin ...

  5. ICBC takes Macau gambit with HK$4.5b Seng Heng deal

    Posted Aug 30th 2007, 12:00am by Enoch Yiu

    ... Enoch Yiu Industrial and Commercial Bank of China will pay HK$4.54 billion for a controlling stake in Macau's third-largest bank from Stanley Ho Hung-sun's flagship firm. ... lender by value, is willing to pay a premium to build a relationship with Mr Ho amid soaring growth in the gambling city. The purchase price represents 3.06 times the Macau bank's net book ...

  6. Gambling heir raises the stakes in Macau

    Posted May 08th 2006, 12:00am by Enoch Yiu

    ... comfortably in his Central office with two models of his Macau casino projects. The 29-year-old chairman and chief executive of Hong Kong-listed Melco International Development is focused on expanding ... Stanley Ho Hung-sun, decided to list his flagship Sociedade de Jogos de Macau (SJM) in Hong Kong. Mr Ho senior, who remains a Melco shareholder, stepped aside because SJM and Melco are competing ...

  7. Venture launches Macau project

    Posted Oct 19th 2004, 12:00am by Staff Reporter

    ... launched its debut construction project in Macau. The 150,000 square metre Wynn Resorts Macau, with a construction value of more than $2 billion, is believed to be the largest development project ... in Macau. We have confidence in Macau's economic development,' said Sammy Zhou Yong, executive director and president of China State Construction Engineering (Hong Kong). 'We ...

  8. Macau deal ends Shun Tak rally

    Posted Nov 09th 2004, 12:00am by Sandy Li

    ... after investors reacted negatively to the company's $1.5 billion acquisition of a large waterfront site in Macau from chairman Stanley Ho Hung-sun. Shun Tak will pay $750 million in cash ... price represented a 7.4 per cent discount to an estimated market value of $1.62 billion for the 428,410 square foot site next to the Macau Tower in Nam Van district. Shun Tak intends to build ...

  9. Accountants' Canada dispute may be a job for Macau's Mr Fixit

    Posted Dec 21st 2004, 12:00am by Enoch Yiu

    ... Enoch Yiu Edmund Ho Hau-wah, who began his second term as Macau's chief executive yesterday, bore the exuberant praise of China's most powerful man, President Hu Jintao, with the confidence and modesty characteristic of his profession. Mr Ho is, after all, an accountant. After gaining his qualifications as a chartered certified accountant in Canada in the 1980s, he went ...

  10. When east greets west

    Posted Aug 06th 2004, 12:00am by Freda Wan

    ... Freda Wan There was a mix of British cordiality and Macanese humour when Jardine Matheson directors from the company's London headquarters escaped to laid-back Macau for their annual ... in Macau. The crowd of 40 enjoyed cocktails and dinner at Mezzaluna, the hotel's refurbished Italian restaurant, on Thursday. They included Shun Tak managing director Pansy Ho Chiu-king, ...




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