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  1. 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 ...

    http://www.scmp.com/article/655082/bailout-chance-watch-retailer
  2. 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 ...

    http://www.scmp.com/article/722284/tycoon-chow-settles-investors
  3. 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 ...

    http://www.scmp.com/article/661022/lenders-may-get-10pc-peace-mark-debt
  4. Layoff fears haunt bus drivers, but their bosses deny plans for merger

    Posted Sep 11th 2003, 12:00am by Joseph Lo

    ... the purchase of Citybus by Chow Tai Fook Enterprises in June continues to hang over industrial relations. Drivers fear that the two operators will eventually be merged, with overlapping routes and bus services being scrapped. While executives close to Chow Tai Fook acknowledge that studies on how to raise operating efficiencies between Citybus and First Bus are being looked at, they denied ...

    http://www.scmp.com/article/427572/layoff-fears-haunt-bus-drivers-their-bosses-deny-plans-merger
  5. Rents come under pressure

    Posted Oct 29th 2008, 12:00am by Yvonne Liu

    ... at Chow Tai Fook Jewellery, one of the major jewellery firms in Hong Kong, said the company had 50 branches in Hong Kong and Macau. 'Early this year, we planned to open about three new shops ... cent, compared with the same period last year,' said Lawrence Ng Man-kit, a deputy managing director of footwear wholesaler and retailer Mirabell International Holdings. The retail market ...

    http://www.scmp.com/article/658051/rents-come-under-pressure
  6. Bus drivers call off go-slow protest after bosses' assurances

    Posted Jan 08th 2004, 12:00am by Joseph Lo

    ... and 50 km/h on highways. They have launched similar protests twice in the past year, sparked by fears of mass layoffs since the purchase of Citybus by Chow Tai Fook Enterprises, which also owns ... the management was 'sincere' in its promise not to launch involuntary redundancies. It said the bosses had pledged to redeploy staff within the New World Group if the voluntary redundancy ...

    http://www.scmp.com/article/440417/bus-drivers-call-go-slow-protest-after-bosses-assurances
  7. Television stations to axe more than 250 jobs

    Posted Feb 13th 2009, 12:00am by Paggie Leung, Vivienne Chow

    ... Vivienne Chow, Paggie Leung, Joshua But and Eva Wu ATV to cut staff 20pc despite finding new investor Hong Kong's two terrestrial television stations announced yesterday they would ... under new management and investment. Lawmaker Lee Wing-tat, deputy chairman of the information technology and broadcasting panel, said he would request an urgent panel meeting to discuss ...

    http://www.scmp.com/article/669772/television-stations-axe-more-250-jobs
  8. In Brief

    Posted Mar 10th 2004, 12:00am by Staff Reporter

    ... with the setting up of Merryhill Group, co-owned by the family's Chow Tai Fook Enterprises and its listed vehicle, NWS Holdings. Merryhill fully owns New World First Bus Services, Citybus ... Visa International warned. Visa China chief Albert Shiung said China could face a South Korea-style credit meltdown along the lines of LG Card. 'If you don't manage the risk, ...

    http://www.scmp.com/article/447601/brief
  9. New World Telecom to expand along China acquisition trail

    Posted Aug 12th 2003, 12:00am by Ben Kwok

    ... in running a competitive telecommunications network. 'Managed service and network integration is our approach,' he said, adding that corporate customers were the company's focus. He said the company had begun offering cross-border connection services for retail outlets such as Chow Tai Fook Jewellery - a private 150-shop chain owned by New World Development chairman Cheng ...

    http://www.scmp.com/article/424570/new-world-telecom-expand-along-china-acquisition-trail
  10. Beverly Hills deal a steal for HK buyers

    Posted Oct 07th 2010, 12:00am by Sandy Li

    ... Sandy Li A consortium led by Chow Tai Fook Group, an investment firm privately held by Cheng Yu-tung, has bought a foreclosed property in Beverly Hills for less than one-third ... HK$61 million of debt from the listed company, Far East Holdings International, in which Duncan was the managing director. Far East Holdings International is the sister company of Far East ...

    http://www.scmp.com/article/726711/beverly-hills-deal-steal-hk-buyers

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