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  • April 17, 2014
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  1. Business - Companies - CORRUPTION

    Macau voids sale of land for La Scala development by Chinese Estates

    Posted Aug 15th 2012, 12:00am by Simpson Cheung, Eric Ng

    ... HK-listed Chinese Estates building HK$20b La Scala development on the land Macau's chief executive has invalidated the sale of five plots of land at the centre of a corruption case ... to Macau's Court of Second Instance, and was seeking legal advice. Lau and Lo are due to face trial in Macau next month on charges of paying a HK$20 million bribe to former Macau public works chief ...

  2. Business - Companies - MACAU

    Chinese Estates to seek compensation from Macau over La Scala land deal

    Posted Aug 16th 2012, 12:00am by Simpson Cheung

    ... Chinese Estates will seek compensation from Macau government for invalidating La Scala land deal Chinese Estates Holdings said it was determined to pursue compensation from the Macau ... The Hong Kong listed property developer said it would appeal the decision of Macau Chief Executive Dr Fernando Chui Sai-on to invalidate the land sale. Chinese Estates chairman Joseph Lau Luen-hung ...

  3. Public projects get tiny slice of Macau's billions

    Posted Jul 29th 2012, 12:00am

    ... Jolie Ho jolie.ho@scmp.com Macau is raking in billions from its gambling boom- but only a tiny fraction of it is being invested in infrastructure. The government has ambitious plans ... for the year, earning almost 40 billion patacas more in taxes than it spent, against a target for the year of 36 billion patacas. Behind the glitzy skyscrapers and glamorous casinos, Macau has problems. ...

  4. Macau government in legal move over land deals

    Posted Jun 13th 2012, 12:00am

    ... Simpson Cheung simpson.cheung@scmp.com The Macau government has 'initiated procedures' over the handling of five plots of land at the centre of a corruption case involving former ... statement said last night. The statement did not elaborate on the procedures. But it is understood that that the Macau Secretary for Transport and Public Works is seeking legal advice on the matter. ...

  5. Macau may seize La Scala flats

    Posted Jun 06th 2012, 12:00am

    ... Danny Mok danny.mok@scmp.com The Macau government yesterday issued a warning that it may seize the land on which the luxury La Scala development is being built. The land was at the centre ... Their sale was ruled illegal, and Ao had his sentence extended six months to the maximum 29 years by the Macau Court of Appeal on May 31. Ao has until Monday to file an appeal against his conviction ...

  6. Snag over owners in Macau land grab

    Posted Jun 12th 2012, 12:00am

    ... Simpson Cheung simpson.cheung@scmp.com Complicated ownership issues will have to be resolved if the Macau government seeks to seize five plots of land at the centre of a corruption case ... as legal advice to one of the parties involved- suggested that the government could not invalidate the land deals because they were made between private companies. The office of Macau ...

  7. Macau flats linked to graft case still on sale

    Posted May 25th 2012, 12:00am

    ... Simpson Cheung simpson.cheung@scmp.com Sales of flats in a luxurious project being developed in Macau by Chinese Estates on land linked to a corruption trial were continuing yesterday, a day after a court ruled that company chairman Joseph Lau Luen-hung had a case to answer on bribery charges. The sales prompted warnings by Macau lawmakers that buyers might lose out because ...

  8. Macau netizens irked by lack of democracy step out of cyberspace

    Posted May 29th 2009, 12:00am by Fox Yi Hu

    ... Macau netizens frustrated by a lack of democracy are stepping out of cyberspace, hoping to sway the city's chief executive election by action in the physical world. They are planning ... in July 26 elections. A group of netizens have said they plan to stage the vigil in late June against 'businesspeople ruling Macau' and 'small-circle elections'. Traditionally, ...

  9. Macau could seize luxury HK$20b La Scala site

    Posted May 27th 2012, 12:00am

    ... Emily Tsang emily.tsang@scmp.com The site of the HK$20 billion luxury La Scala development could be seized by the Macau government at the end of the corruption trial in which two Hong Kong tycoons are accused of paying a HK$20 million bribe to a disgraced top official. Macau's chief executive, Fernando Chui Sai-on, declined yesterday to rule out his government seizing the five ...

  10. Macau's grand scam

    Posted Jun 01st 2012, 12:00am

    ... Simpson Cheung and Ada Lee When Macau International Airport opened for business in November 1995, Ao Man-long, the city's secretary for transport and public works at the time, saw ... bureau said that this area should be used for Macau's development. According to the evidence at his latest trial on corruption charges in Macau's Court of Final Appeal, the land ...




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