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  • August 30, 2014
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  1. Cheuk Nang earmarks HK$200m to develop Cheung Chau project

    Posted Mar 29th 2007, 12:00am by Yvonne Liu

    ... Yvonne Liu Cheuk Nang (Holdings), a small developer owned by Cecil Chao Sze-tsung, plans to invest about HK$200 million to develop a site in Cheung Chau that it won in an auction on Tuesday. Mr Chao yesterday said the investment included the land price of HK$96.5 million, construction costs and interests. The group could generate a 'reasonable profit' with record ...

  2. Growing taste for life at the top

    Posted Dec 24th 2004, 12:00am by Vanapa Ongvises

    ... swimming pool and two parking spaces. The property commands views of Sham Wan on Lamma Island and Island South. Another property is A1 House at Villa Cecil in Pokfulam, which has a floor area of 5,300 sqft and six bedrooms. Cheuk Nang executive chairman Cecil Chao Sze-tsung said Villa Crocus was a European design, while the house at Villa Cecil had a more modern look. 'Buying ...

  3. Cheung Chau site fetches HK$96.5m

    Posted Mar 28th 2007, 12:00am by Yvonne Liu

    ... Yvonne Liu Cheuk Nang (Holdings), a small developer owned by Cecil Chao Sze-tsung, has won a site on Cheung Chau for a higher than expected HK$96.5 million at the last government land auction for this fiscal year. The company paid HK$2,159 per square foot, a record high for a residential site on the island, and 147 per cent more than the minimum guaranteed bid for the site. ...

  4. Lai See

    Posted Mar 29th 2007, 12:00am by Ben Kwok

    ... it helped explain why Cecil Chao Sze-tsung was willing to pay more than HK$2,100 per square foot for a Cheung Chau site in this week's land auction. 'Like chasing a woman, if she is pretty, you go for it,' said Mr Chao, always the town's top playboy. So how much does he expect to get for any subsequent development on the site? Mr Chao replied: 'If I said it, ...

  5. Europe may spark chaos on Lehman scale

    Posted Jan 21st 2012, 12:00am

    ... May Chan may.chan@scmp.com Europe's sovereign debt crisis has the potential to rock global financial markets on the scale of the collapse of Lehman Brothers in September 2008, says global investment firm Invesco. 'Europe presents a very serious ...

  6. Overseas chaos sees mainland factories heading for another contraction

    Posted Aug 24th 2011, 12:00am

    ... Denise Tsang denise.tsang@scmp.com Mainland manufacturing might contract for the second consecutive month as turbulence on overseas markets batters confidence. The monthly HSBC/Markit Economics flash purchasing managers index (PMI) survey, which previews ...

  7. Lai See

    Posted May 08th 2007, 12:00am by Ben Kwok

    ... blue-chip chums are. Almost everyone is on the list- dead or alive. The late Nina Wang Kung Yu-sum sent in a HK$50,000 cheque, while her friend Cecil Chao Sze-tsung of Cheuk Nang (Holdings), who may ...

  8. Lai See

    Posted Apr 05th 2007, 12:00am by Ben Kwok

    ... No5: Jack So Chak-kwong on 'My life at PCCW'- a detailed account of how to put a company back on the blue-chip track and get a golden handshake. No4: Cecil Chao Sze-tsung on how ...

  9. OOCL orders more container ships

    Posted May 10th 2011, 12:00am

    ... Keith Wallis Orient Overseas Container Line will expand its fleet with four more 13,000 teu (20-foot equivalent unit) container ships that will be deployed on routes between Asia and Europe. Parent company Orient Overseas (International) Ltd has agreed to ...

  10. Ignore the hawks- capital controls beat currency chaos

    Posted Aug 16th 2005, 12:00am by Tom Holland

    ... Tom Holland Following last month's revaluation of the yuan, Washington's China hawks have lost no time in zeroing-in on a new target- the mainland's capital controls. Their reasoning runs something like this: Beijing's refusal to allow ...




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