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  • September 3, 2014
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  1. It's blackmail and extortion, says Sands casino chief

    Posted Mar 30th 2011, 12:00am by Staff Reporter

    ... richest person with a net worth of US$23.3 billion, is the chairman and ultimate controlling shareholder of both Las Vegas Sands and its subsidiary Sands China. Sands China owns the Venetian, ...

  2. Sinopec budgets 700b yuan to expand output

    Posted Mar 29th 2011, 12:00am by Eric Ng

    ... petroleum fuel and chemicals output to meet rising demand. The firm continues to face dual challenges from domestic fuel price controls that have weakened its refining profit, and from difficulties ... returns' and controllable political risks for Sinopec. Chief financial officer Wang Xinhua said state fuel price controls meant that its refining profit margin was further eroded ...

  3. Geely's new SUVs to boost profit

    Posted Mar 24th 2011, 12:00am by Staff Reporter

    ... built factory in Chengdu with an initial annual capacity of 50,000 units, Gui said. Geely, controlled by chairman Li Shufu, yesterday announced results showing profit fell 4 per cent ...

  4. Flight delays grow longer as airport handles more traffic

    Posted Mar 22nd 2011, 12:00am by Anita Lam

    ... said airspace controls imposed by the mainland posed challenges to their performance, although punctuality had improved since September after measures were taken on the mainland to enhance frequency. The department said it would be able to handle eight more flights an hour, on top of the current 60, when a new air traffic control system arrived in 2013. However, that may not improve ...

  5. CLP reviews mainland nuclear investments

    Posted Mar 21st 2011, 12:00am by Denise Tsang

    ... for completion in 2013. CLP already has a 25 per cent stake in the Daya Bay nuclear plant in Guangdong, which was China's first, commissioned in 1994 and controlled by China Guangdong Nuclear Power. ...

  6. Kerry unit targets HK$10b in sales after hefty profits

    Posted Mar 18th 2011, 12:00am by Sandy Li

    ... of HK$10,000 per sq ft in the second quarter. Kerry Properties shares fell 1.44 per cent to HK$37.55. Kerry Properties is part of the Kerry Group, the controlling shareholder of the SCMP Group, which ...

  7. M&A binge? Not going by figures

    Posted Mar 14th 2011, 12:00am by Eric Ng

    ... Materials Group as having estimated that Chinese interests control only 1 per cent of metals and minerals production outside China. But Pwc forecast this will change as mainland firms become more ...

  8. Ho family jewels divided, but how long will the peace hold?

    Posted Mar 12th 2011, 12:00am by Gary Cheung

    ... Gary Cheung and Neil Gough Details have emerged of this week's private settlement agreement that ended months of family feuding over control of casino magnate Stanley Ho Hung-sun's business empire, though some observers wonder how long the truce will hold. Ownership of Lanceford, the private holding company that controls Ho's indirect stake in Macau casino ...

  9. Stanley Ho calls truce in family feud over fortune

    Posted Mar 11th 2011, 12:00am by Staff Reporter

    ... Neil Gough After months of behind-the-scenes and highly public feuding, parties in the epic family battle for control of Macau gaming magnate Stanley Ho Hung-sun's massive fortune ... secretary at Shun Tak Holdings, Janet Wong. The suit had demanded the two daughters undo the December share transfer that saw Ho, 89, lose control of Lanceford, a private holding company ...

  10. Stanley Ho drops out of rich list as wife debuts

    Posted Mar 11th 2011, 12:00am by Staff Reporter

    ... HK$5.05 billion based on SJM's closing share price yesterday. After the transfer, Ho retained a controlling stake in SJM, mainly through holding company Lanceford. But his interest in SJM was diluted almost to nothing following a disputed deal on December 27 that reduced Ho's stake in Lanceford to 0.02 per cent and gave control of the firm to his third wife, Ina Chan Un Chan, ...




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