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  • April 19, 2014
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  1. Trump sues Hong Kong partners

    Posted Jul 13th 2005, 12:00am by James Tu

    ... Michael Logan, Sandy Li and Foster Wong In a US$500 million lawsuit, the New York developer accuses Henry Cheng and Vincent Lo of a 'staggering breach' of duty Real-estate developer and reality television star Donald Trump has sued Hong Kong bus ...

  2. Ruckus over family ties not holding developer back

    Posted Aug 25th 2010, 12:00am by Sandy Li

    ... Sandy Li For Hong Kong property developer Tony Yau Tang-tit, being the brother of a senior government official can have its drawbacks. This was certainly the case last year when Common Empire Development, of which he is an executive director, was in the s ...

  3. Henry Tang family sells Meadville to Nasdaq firm

    Posted Nov 17th 2009, 12:00am by Toh Han Shih

    ... Toh Han Shih The family of Chief Secretary Henry Tang Ying-yen plans to privatise and sell its majority-held technology company Meadville Holdings to Nasdaq-listed TTM Technologies. ... chief executive, it's better for the Tang family to get rid of this listed company,' said a securities analyst. 'There has been concern recently over potential conflicts ...

  4. Family jewels

    Posted Sep 09th 2009, 12:00am by Staff Reporter

    ... Family-owned companies are an increasingly rare breed in the luxury industry as large organisations have bought up smaller brands. Earlier this year, Hublot was acquired by the Louis ... Chopard is doing rather well nestled under the family tree. Two years ago, the brand opened its 100th boutique in New York's Upper East Side on Madison Avenue. Long standing collaborations ...

  5. Tsai family raises HK$373m from Yue Yuen placement

    Posted Apr 18th 2009, 12:00am by Nick Westra

    ... Tim LeeMaster and Nick Westra The Tsai family, the controlling shareholders of Yue Yuen Industrial (Holdings), raised HK$373 million yesterday as investors continued to take advantage ... the Tsai family's holding in the company fell to 59.4 per cent from 60.7 per cent. The Tsais control Yue Yuen through Pou Chen Corp. Companies and their shareholders have initiated a string ...

  6. Family will fight on for melamine payout

    Posted Apr 14th 2009, 12:00am by Chloe Lai

    ... Chloe Lai in Guangzhou A Guangdong family will not give up trying to get what they consider to be fair compensation for their son, whose health has not improved since he drank milk tainted with melamine. However, a court has already rejected the case. Chen Beiyuan, the family's lawyer, wrote to the Dairy Association of China and China Life, two organisations responsible ...

  7. Kwoks' sibling rivalry bares opaque succession plans at family-run firms

    Posted Jun 09th 2008, 12:00am by Sandy Li

    ... of drama, intrigue and acrimony. The family feud cast a shadow on the company and raised concerns about the opaque succession plans at other family-controlled companies in Hong Kong - some of which ... Wu, a property analyst at Fitch Ratings, said the Kwok family feud would provide 'valuable lessons' to other family-controlled corporations. These companies, which are still being ...

  8. Failed family firms a familiar cautionary fable

    Posted Jun 25th 2005, 12:00am by Staff Reporter

    ... Holdings this week sent chills through Hong Kong's boardrooms. No doubt it also caused uncomfortable silences in more than a few families' sitting rooms. If the maxim that wealth does ... for things to fall apart. The Ma family fortunes took a 180-degree turn for the worse but their fate is not uncommon. Worldwide, only about 30 per cent of family companies pass successfully from ...

  9. Chinese Estates sells $632m assets to family

    Posted Aug 30th 2004, 12:00am by Staff Reporter

    ... Staff Reporter Chinese Estates Holdings and its wholly owned subsidiary Paul Y Holdings have sold $632 million of property-based assets to family firms controlled by the listed ... fortunes, reporting profit of $1.15 billion last year. Two British Virgin Islands companies controlled by Mr Lau for the benefit of family members will buy the assets. The Lau family has a history ...

  10. Tsai family raises $1b in Yue Yuen placement

    Posted Oct 13th 2004, 12:00am by Staff Reporter

    ... Nichole Chan Sale by majority shareholder follows disposals at Gome and Solomon Systech The Tsai family, a majority shareholder in athletic shoemaker Yue Yuen Industrial (Holdings), ... growth prospects. In May last year, the Tsai family and two company directors sold 40 million Yue Yuen shares at $15.40 each, raising $616 million. After the placement yesterday, the Tsai ...




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