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  1. Jumbo's back end off to the cleaners

    Posted Apr 21st 2010, 12:00am by Anita Lam

    ... Anita Lam What would you think if you saw this vessel off Lamma Island while sipping beer on a sampan? That a Japanese animation of a floating city had become real? That the latest type ... for the repair and maintenance that it undergoes once every three years- in separate pieces. Pictured is Jumbo's kitchen, off eastern Lamma on Monday. With it were three other blocks- two pontoon ...

  2. Overseas income cushions drop in HK Electric profits

    Posted Aug 06th 2009, 12:00am by Denise Tsang

    ... slump in profit to HK$1.78 billion from the regulated electricity supply to customers on Hong Kong and Lamma islands. This is the first set of interim results since the new regulatory regime ... as previously, largely on desulphurisation at the Lamma plant. Completion of the programme is due by 2010 when 95 per cent of the electricity it generates will either be by gas or lower sulphur dioxide ...

  3. HK Electric banks on overseas investments to offset profit drop

    Posted May 16th 2008, 12:00am by Denise Tsang

    ... Denise Tsang Hongkong Electric Holdings expects the profit of its mainstay power supply services on Hong Kong and Lamma islands to decline next year when a new regulatory regime takes effect, according to its managing director. Speaking after the utility's annual shareholders meeting yesterday, Tso Kai-sum said the profit decline would be offset gradually by contributions ...

  4. Bank to recoup ship loan after default

    Posted Aug 07th 2010, 12:00am by Keith Wallis

    ... is registered in Panama and currently anchored northwest of Lamma Island, was expected to be sold by the end of August or early September. The Haoning Glory is managed by Cosco Wallem Ship Management ...

  5. Electricity firm to cut prices in new year

    Posted Oct 24th 2008, 12:00am by Danny Mok

    ... Danny Mok Power company in talks with the government Residents on Hong Kong Island and Lamma Island will see cuts to their power bills next year under new arrangements between ... rates and details would be announced in January. The permitted rate of return for Hongkong Electric and CLP Power, which supplies Kowloon, the New Territories and other outlying islands, was cut ...

  6. Crisis, consent failure spell end for CKI iron sands deal

    Posted Dec 18th 2008, 12:00am by Denise Tsang

    ... expansion of the mining business- which consists of an iron sands mine on the west coast of North Island- was 'no longer viable' as demand declined and economic conditions deteriorated. ... CKI said it would buy the Taharoa Iron Sands Business on the west coast of North Island. Iron sands are a key source of titanomagnetite iron ore used as a raw material in making iron. Some ...

  7. Larvotto to set luxury price benchmark in Island South

    Posted Jul 13th 2010, 12:00am by Sandy Li

    ... Sandy Li Sun Hung Kai Properties is to set a benchmark for a major luxury housing estate in Island South by releasing a project in Ap Lei Chau at an average price of HK$17,288 per square ... Fu Lam, which is the most expensive large housing estate in Island South. Louie believes the 715-unit Larvotto project would appeal to mainland buyers, who account for sales of more than 20 ...

  8. West Island Line may beat budget, MTR says

    Posted Jun 05th 2009, 12:00am by Anita Lam

    ... Anita Lam The estimated cost of the West Island Line- which rose 73 per cent from its original HK$8.9 billion budget to HK$15.4 billion- may end up lower than expected, the MTR ... to the government with interest. 'Our track record in cost control has been fairly good. We always aim at doing the work better and cheaper than the goal we set, and the West Island Line ...

  9. Developer sought for giant panda theme park on island near Macau

    Posted Nov 28th 2008, 12:00am by Fox Yi Hu

    ... Fox Yi Hu A decade-old idea to develop an island next to Macau is finally about to get off the ground with Zhuhai tendering the right to build a theme park, which may feature giant pandas, on Hengqin Island. A hi-tech park will also figure in the near-term development of the 86 sq km island to the west of the Cotai Strip. The Land and Resources Bureau of Zhuhai will accept bids from ...

  10. Kowloon and island luxury site sales net Cheung Kong HK$2.5b

    Posted Sep 27th 2008, 12:00am by Yvonne Liu

    ... Island for the buyer. The projects are scheduled for completion in 2010. Mr Chiu said the buyer bought the properties for long-term investment. Cheung Kong is expected to generate an attractive ...




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