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  • October 23, 2014
  • Last updated: 12:29am
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  1. News - Hong Kong - POLITICS

    Lawmaker wants British regulator to probe CY Leung's HK$50 million deal with Australian company

    Posted Oct 11th 2014, 04:02am by Joyce Ng, JAMES GRIFFITHS AND BENJAMIN ROBERTSON

    ... A Hong Kong lawmaker will file a request for a British regulator to look into Chief Executive Leung Chun-ying's HK$50 million deal with an Australian company. The deal is already facing ... said he would ask UKLA to check if DTZ and Leung Chun-ying had complied with listing rules and the Companies Act, and whether Leung, as a director, had fulfilled his duty to look after ...

  2. News - Hong Kong - POLITICS

    Hong Kong's High Court orders protesters off roads in Mong Kok and Admiralty

    Posted Oct 21st 2014, 04:33am by Staff Reporters

    ... and Portland Street, had been sought by taxi operators and a minibus company. The Admiralty injunction, sought by the owners of Citic Tower, requires protesters to clear emergency vehicle exits ...

  3. News - Hong Kong - POLITICS

    CY Leung reportedly sought further HK$37 million in UGL deal

    Posted Oct 15th 2014, 05:57pm by James Griffiths, Benjamin Robertson and Joyce Ng

    ... company DTZ’s sale on top of the eventually agreed upon 4-million-pound deal, which has left him potentially facing investigation by Hong Kong’s anti-graft agency. In a secret contract signed ... firm made a larger offer after Leung had entered into private negotiations with the Australian company. UGL eventually bought London-listed DTZ for 77.5 million pounds in a deal that wiped out ...

  4. News - Hong Kong - POLITICS

    Beijing 'not behind leak of CY deal'

    Posted Oct 16th 2014, 04:41am by Joyce Ng, James Griffiths and Toh Han Shih

    ... government," the source told the Post yesterday. Last week, Australia-based Fairfax Media revealed that Leung pocketed £4 million (HK$50 million) from Australian company UGL six months before he became ... not put himself in a position of conflict of interest with the company. Since DTZ was insolvent, such duty is owed to the creditors- RBS- instead of its shareholders. "You don't need ...

  5. News - Hong Kong - POLITICS

    CY Leung faces more questions about secret HK$50m deal after rival bid is revealed

    Posted Oct 14th 2014, 01:40pm by Benjamin Robertson, joyce ng and james griffiths

    ... of his former company’s sale to listed Australian engineering firm UGL, a second offer arrived to buy the company that exceeded UGL’s bid by £90 million. The existence of the second bid is likely ... & Young, now filed at Companies House in London, on December 2 a “confidential bidder” offered to inject £48.8 million in new equity into DTZ, and to refinance existing loans in exchange ...

  6. News - Hong Kong - POLITICS

    Questions raised over Australian firm's HK$50m deal with C.Y. Leung

    Posted Oct 09th 2014, 04:02am by Staff Reporters

    ... company in which he agreed to "act as a referee and adviser" if asked. The revelation prompted questions about possible misconduct by the chief executive. The arrangement was made ... services firm DTZ, of which Leung was a director and chairman of its Asia-Pacific operations. Leung announced his resignation from DTZ on November 24, 2011, and officially left the company ...


    CY Leung faces separate probes of HK$50 million deal with Australian firm

    Posted Oct 10th 2014, 05:15am by Joyce Ng, James Griffiths and Benjamin Robertson

    ... said Ernst & Young should have been informed so it could "consider whether an excessive amount of the value of the business was being shifted from the company to its director ...

  8. News - Hong Kong - POLITICS

    CY in the dark over probe into Australian contract

    Posted Oct 10th 2014, 05:15am by SAMUEL CHAN, Joyce Ng

    ... Samuel Chan and Joyce Ng samuel.chan@scmp.com CY in the dark over probe into Australian contract As Chief Executive Leung Chun-ying faces an investigation into a controversial HK$50 million contract with an Australian company, the graft-buster says it will not brief Leung on related complaints made against him. An Independent Commission Against Corruption spokesman said ...

  9. News - China - POLITICS

    Academics' questions point to Communist Party divide over dogma

    Posted Oct 07th 2014, 02:40pm by Cary Huang

    ... the party's theoretic journal, and the Study Times, a key product of the Central Party School- have engaged in over late leader chairman Mao Zedong's theory of class struggle. Analysts said ...

  10. News - China - POLITICS

    Ruling on Hong Kong poll a hammer blow to Taiwan reunification hopes

    Posted Sep 25th 2014, 05:42am by Lawrence Chung

    ... tourists to visit the island and tariff cuts on many products from the island.   ...




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