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  • May 22, 2013
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  1. Business - Companies - ANALYSIS

    Cheung Kong loses out over Apex

    Posted May 14th 2013, 12:00am by Peggy Sito

    ... agreements of the hotel rooms at Apex Horizon. Cheung Kong insisted that it did not agree with the securities watchdog that the sale constituted a collective investment scheme, which requires special ...

    http://www.scmp.com/business/companies/article/1237166/cheung-kong-loses-out-over-apex
  2. News - Hong Kong - PROPERTY

    Lawmaker demands probe into Cheung Kong's hotel room sale

    Posted Mar 05th 2013, 12:00am by COLLEEN LEE AND NG KANG-CHUNG

    ... News Hong Kong Apex Horizon Cheung Kong Colleen Lee in Beijing and Ng Kang-chung The city's securities watchdog has been asked to investigate property giant Cheung Kong's sale of suites at its Apex Horizon hotel in Kwai Chung. The request by Civic Party legislator Dennis Kwok Wing-hang came as Cheung Kong vice-chairman Victor Li Tzar-kuoi reiterated that the sale ...

    http://www.scmp.com/news/hong-kong/article/1177611/lawmaker-demands-probe-cheung-kongs-hotel-room-sale
  3. Comment - Insight & Opinion

    The Age of Greed

    Posted Feb 23rd 2013, 12:00am by Michael Chugani

    ... such as Cheung Kong, owned by Li Ka-shing, the world's ninth-richest man, supposed to have corporate social responsibility? Its exploiting of loopholes to sell 360 units of its Apex Horizon Hotel ...

    http://www.scmp.com/comment/insight-opinion/article/1156407/age-greed
  4. News - Hong Kong - PROPERTY

    Cheung Kong and government clash over sale of Apex Horizon hotel units

    Posted Feb 23rd 2013, 12:00am by STAFF

    ... News Hong Kong Property Hong Kong & China Apex Horizon Cheung Kong Property Staff Reporters A Lands Department letter leaked by the Civic Party has sparked a heated exchange between the administration and property giant Cheung Kong over its controversial sale of hotel suites. The letter suggested that the government knew of Cheung Kong's plan to sell hotel units at Apex Horizon ...

    http://www.scmp.com/news/hong-kong/article/1156616/cheung-kong-and-government-clash-over-sale-apex-horizon-hotel-units
  5. News - Hong Kong - PROPERTY

    Hotel development's buyers undeterred by 'one-sided' deals

    Posted Feb 26th 2013, 12:00am by Joyce Ng, Paggie Leung and Stuart Lau

    ... stamp duties introduced to cool the property market. A spokeswoman for the property giant said last night that some buyers of units in the 360-unit Apex Horizon hotel had decided to sign ...

    http://www.scmp.com/news/hong-kong/article/1158613/hotel-developments-buyers-undeterred-one-sided-deals
  6. Comment - Insight & Opinion

    Trust can be as crucial as profits

    Posted May 16th 2013, 12:00am by SCMP Editorial

    ... Comment Insight & Opinion Apex Horizon Hotel Cheung Kong Trust SCMP Editorial Three months ago, Cheung Kong was still adamant that its sale of Apex Horizon hotel suites was perfectly lawful. It shrugged off criticism that it was exploiting a legal loophole that enables buyers to evade a special stamp duty aimed at dampening property speculation. But in an embarrassing change ...

    http://www.scmp.com/comment/insight-opinion/article/1238509/trust-can-be-crucial-profits
  7. News - Hong Kong - PROPERTY

    Apex Horizon hotel use under scrutiny

    Posted Feb 27th 2013, 12:00am by Joyce Ng, Stuart Lau and Paggie Leung

    ... The warning came as 95 per cent of the investors in the 360-room Apex Horizon hotel had signed, or arranged to sign, the sales contract yesterday, according to the property giant. The rest have asked ...

    http://www.scmp.com/news/hong-kong/article/1159310/apex-horizon-hotel-use-under-scrutiny
  8. News - Hong Kong - PROPERTY

    Unknown pitfalls in buying hotel units

    Posted Feb 20th 2013, 12:00am by Peggy Sito

    ... News Hong Kong Property Hong Kong & China Apex Horizon Home Ownership Scheme Cheung Kong Peggy Sito and Pasty Moy peggy.sito@scmp.com They may be cheaper than some HOS flats but the hidden cost and investment risks can be very high, say experts With an average selling price that is lower than some Home Ownership Scheme flats in the city, the hotel units of Apex Horizon ...

    http://www.scmp.com/news/hong-kong/article/1154105/unknown-pitfalls-buying-hotel-units
  9. News - Hong Kong - PROPERTY

    Sales of hotel rooms will choke housing supply, tourism

    Posted Feb 20th 2013, 12:00am by Amy Nip and Joyce Man

    ... News Hong Kong Property Hong Kong & China Apex Horizon Cheung Kong hotel rooms Amy Nip and Joyce Man Sales of hotel rooms as residential flats will cut the city's supply of accommodation and harm tourism, the Tourism Board has warned. The comment came after property giant Cheung Kong started on Monday to sell rooms in its Apex Horizon suite hotel in Kwai Chung. Buyers do ...

    http://www.scmp.com/news/hong-kong/article/1154119/sales-will-choke-supply-rooms
  10. News - Hong Kong - PROPERTY

    From Hawaii to Hainan, hotel rooms are investments

    Posted Feb 20th 2013, 12:00am by Yvonne Liu

    ... News Hong Kong Property Hong Kong & China Apex Horizon hotel rooms Cheung Kong Yvonne Liu yvonne.liu@scmp.com Hotels are popular investment vehicles overseas, and some do use a time-share model, property agents confirmed onTuesday, in the wake of the Apex Horizon hotel controversy. Antonio Wu, executive director of Asia investment services at agency Colliers International, ...

    http://www.scmp.com/news/hong-kong/article/1154115/hawaii-hainan-hotel-rooms-are-investments-say-experts

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