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  1. Alex Frew McMillan

    Posted Nov 12th 2010, 12:00am by Raymond Cheng

    ... Link, the developments in the old Kai Tak airport with the cruise terminal, and the future Hong Kong-Zhuhai-Macau Bridge.' As for recent sales of houses in the New Territories, the high ... residences of the chief secretary and the financial secretary, the address, developed by Sun Hung Kai Properties, is one of the most prestigious in the city. One of its townhouses broke Asia's ...

  2. Property sales boost Shun Tak

    Posted Apr 22nd 2010, 12:00am by Sandy Li

    ... Sandy Li Shun Tak Holdings' underlying net profit surged 510 per cent last year, largely due to a sharp increase in property sales and the disposal of its stake in the former Mandarin ... of the reduction of dividend income received from Sociedade de Turismo e Diversoes de Macau (STDM). Shun Tak owns directly and indirectly an effective 11.5 per cent interest in STDM. Shun Tak declared ...

  3. Cathay in talks to sell stake in cargo terminal

    Posted May 13th 2010, 12:00am by Charlotte So

    ... Charlotte So Cathay Pacific Airways is in talks with potential buyers to dispose of its stake in Hong Kong Air Cargo Terminals Ltd (Hactl), the largest air cargo terminal at Chek Lap Kok. The announcement by chairman Chris Pratt yesterday came after Cathay revived plans to build its own cargo handling facility at Hong Kong International Airport. The HK$5.5 billion cargo terminal will take ...

  4. Shun Tak posts 69pc drop in underlying profit

    Posted Apr 03rd 2009, 12:00am by Staff Reporter

    ... Fulton Mak Shun Tak Holdings saw underlying profit slump 69.42 per cent last year as its transportation arm was hit by fluctuating fuel prices and restrictions on mainland visitors ... on Macau's economy and Shun Tak's results,' the analyst said. Shun Tak shares surged 12.35 per cent yesterday to close at HK$2.73 before the results announcement. ...

  5. Debt issue plan lifts Star Cruises

    Posted Aug 12th 2009, 12:00am by Staff Reporter

    ... Neil Gough Star Cruises shares rose 8.7 per cent yesterday after Asia's biggest cruise line said it would sell US$150 million in convertible bonds to pay down debt. Separately, the firm said after the market closed that its 50 per cent-owned United States unit, NCL Corp, swung to a profit in the first half on cost-cutting and lower fuel prices. The cruise line controlled ...

  6. Genting HK swings to profit as casino business picks up

    Posted Aug 31st 2010, 12:00am by Staff Reporter

    ... Neil Gough Shares in cruise operator and Philippines casino investor Genting Hong Kong rose to a fresh 31-month high yesterday after the company said it swung to a profit during the first six months of the year. Genting Hong Kong, part of Malaysia's Genting Group, said cost cutting on its Asian cruise operations and positive profit from its new Manila casino helped offset ...

  7. In Brief

    Posted Mar 04th 2004, 12:00am by Staff Reporter

    ... SHKP increases credit facility to $5.5b Sun Hung Kai Properties (SHKP) has increased the size of its dual-tranche, syndicated revolving credit facility from $5 billion to $5.5 billion after a strong response. SHKP said the facility, which was being arranged by 17 banks, was oversubscribed at the underwriting and general syndication stages. Sun Hung Kai Properties (Financial ...

  8. All In

    Posted May 22nd 2009, 12:00am by Staff Reporter

    ... land across from the Wynn Macau, but the site sits undeveloped. More recently, Star Cruises bought a tower at Macau's Nova City, a residential complex developed by Mr Ho's Shun Tak ... monopoly casino outfit is the largest in Asia by market capitalisation and has been trying since 2001 to gain entry to the Macau market. In early 2007, Genting's Hong Kong-listed Star Cruises ...

  9. West Rail is adding steam to property market, realtors say

    Posted Dec 22nd 2003, 12:00am by Denise Tsang

    ... apartments the most popular. Another prime example was provided by sales at Sun Hung Kai Properties' Yoho Town, Yuen Long's largest private housing estate. There were 160 units sold last ... the Tuen Mun terminal to Nam Cheong station in Shamshuipo. Buyers of new apartments were mainly focusing on areas like Yuen Long and Tuen Mun, Mr Wong said. Prices in the second-hand residential ...

  10. Signature drive to save waterfront estate

    Posted Apr 26th 2004, 12:00am by Chloe Lai

    ... Association are asking New World Development and Sun Hung Kai Properties to abandon their plan to tear down the Hunghom Peninsula. They warn that demolition will damage the environment and make Hong ... think about their own profit.' People's Council chairman Albert Lai Kwong-tak said the signature campaign would start online today and extend across the city. The groups' letter ...




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