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  1. Chow Tai Fook in talks to rescue Peace Mark

    Posted Sep 25th 2008, 12:00am by Staff Reporter

    ... Wong Ka-chun and Jasmine Wang Chow Tai Fook Enterprises, an investment firm privately held by Cheng Yu-tung, is in talks to bail out debt-ridden luxury watch retailer Peace Mark ... with Chow Tai Fook is still in an early stage and no agreement has been reached,' the source said. Peace Mark said late last month it was unable to meet 'the sudden and collective ...

  2. Chow Tai Fook wins tower site for mere 1b yuan

    Posted Sep 13th 2008, 12:00am by Peggy Sito

    ... After Chow Tai Fook disclosed its bid, no other bidders present responded. Analysts said the disappointing result for the municipal government, which was selling the site, showed the credit ... some analysts expected it to fetch earlier this year. The chairman of Hong Kong-listed New World Development was the sole bidder at yesterday's auction through his privately run Chow Tai ...

  3. Chow Tai Fook agrees to acquire Peace Mark

    Posted Oct 10th 2008, 12:00am by Staff Reporter

    ... Jasmine Wang Chow Tai Fook Enterprises, an investment firm privately held by Cheng Yu-tung, has bailed out troubled luxury watch maker and retailer Peace Mark (Holdings). The investment ... as its watch-manufacturing facilities. On the completion of the deal, Chow Tai Fook would take over Peace Mark's 120 luxury watch shops and about 1,000 watch selling points on the mainland, ...

  4. Bailout chance for watch retailer

    Posted Oct 05th 2008, 12:00am by Staff Reporter

    ... Maria Chan Chow Tai Fook Enterprises, an investment firm privately held by Cheng Yu-tung, may take over part of the assets of Peace Mark (Holdings), a debt-ridden luxury watch retailer. 'The deal, with less than HK$700 million involved, is likely to be completed shortly,' market sources said. A source said Chow Tai Fook had very likely secured part of the distressed ...

  5. Tycoon Chow settles with investors

    Posted Aug 16th 2010, 12:00am by Naomi Rovnick

    ... of New World Developments and the Chow Tai Fook jewellery chain paid the cash to Chow's wife, Macau legislator Melinda Chan Mei Yi, one of those people said. A spokeswoman for Cheng declined ... Naomi Rovnick Macau tycoon and former legislator David Chow Kam-fai has finally settled a restructuring battle with foreign investors who pumped US$390 million into his casino and hotel ...

  6. Lenders may get 10pc of Peace Mark debt

    Posted Nov 22nd 2008, 12:00am by Toh Han Shih

    ... Fook Jewellery, a source said. Chow Tai Fook is owned by businessman Cheng Yu-tung. Since the global financial crisis struck in September, Peace Mark and several other Hong Kong-listed firms, ... that were sold have had their debts repaid in full,' said the source, putting the number at eight banks. 'It's a mutually beneficial deal. It expands Chow Tai Fook's retail ...

  7. Companies look across the border for growth

    Posted Jun 05th 2004, 12:00am by Toh Han Shih

    ... Toh Han Shih Hong Kong jewellery firms are aggressively expanding their retail networks in the mainland. Four local jewellers- Chow Tai Fook, Tse Sui Luen Jewellery (TSL), Chow San San and Luk Fook Holdings- rank among China's top 10 diamond jewellery brands, according to the trade magazine Gold Jewellery. Chow Tai Fook director Kent Wong Siu-kee said his company would have ...

  8. Brush hour

    Posted Nov 26th 2010, 12:00am by Vivienne Chow

    ... setting a new record for a Western master in Asia. But managing director Misung Shim reckons the market 'has just started' and Seoul Auction is keen to get a better sense of collector ...

  9. E-book publishers predict revolution

    Posted Jun 28th 2010, 12:00am by Vivienne Chow

    ... catalogue. E-books also offer a new platform for aspiring authors. James Hong, general manager Sony computer entertainment for Hong Kong, has published an electronic version of his travelogue One Man ...

  10. NWD in talks to privatise second project

    Posted Feb 06th 2004, 12:00am by Peggy Sito

    ... which is jointly owned by NWS, its parent NWD and privately run Chow Tai Fook Holdings. Chow Tai Fook is the controlling shareholder of NWD. Shares of NWS yesterday rose 18.12 per cent to $8.20, ...




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