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  • April 20, 2014
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  1. Exco's 30 members declare their 142 properties; no wonder it took a while

    Posted Aug 11th 2012, 12:00am

    ... Tanna Chong, Ng Kang-chung and Stuart Lau Professor Arthur Li Kwok-cheung is the executive councillor with the biggest real estate portfolio- 31 properties, eight car-parking spaces ... non-official members who make up the government's top advisory body. Together, they disclosed ownership of 142 properties. Under Exco rules, members should update their declarations of interest ...

  2. Finance chief vows to curb property bubbles

    Posted Jun 20th 2011, 12:00am

    ... Tanna Chong tanna.chong@scmp.com Financial Secretary John Tsang Chun-wah pledged in his blog yesterday to step up efforts to curb bubbles in the property market. 'The current market situation is abnormal,' he wrote. 'It is difficult to predict the outlook of the property market, but one thing for sure is that risks are increasing continuously.' The warning came ...

  3. Exco's Lau Wong-fat blames staff for failure to declare property deals

    Posted Oct 01st 2010, 12:00am by Ambrose Leung

    ... Executive Councillor Lau Wong-fat last night blamed his staff for his failure to declare three property transactions that critics say constituted a conflict of interest with his cabinet ... the relationship between his companies and those owned by other members of his family. Lau has reported ownership of 20 residential and commercial properties, 297 pieces of land and 72 firms. The Chief ...

  4. Exco tightens regulations on disclosure of interests

    Posted Jun 13th 2012, 12:00am

    ... or property held through a shelf company. The revisions came almost two years after Executive Council member Lau Wong-fat was found to have failed to declare three property transactions that allegedly ... the declaration requirements deliberately'. Under current rules, Exco members must declare the land and property they own or from which they receive a 'beneficial interest' in Hong Kong ...

  5. Lau Wong-fat admits failing to declare banned property deals

    Posted Sep 28th 2010, 12:00am by Tanna Chong

    ... Tanna Chong Executive Council member Lau Wong-fat (pictured) has admitted failing to declare his property deals, with some of the transactions allegedly involving conflict of interest. ... contravenes Exco's rule that states any change in a member's property ownership must be reported within 14 days. The other deals could prove to be more sensitive. Lau, chairman of the Heung ...

  6. Top officials rely on the property market

    Posted Aug 19th 2010, 12:00am by Staff Reporter

    ... Fanny W.Y. Fung With land prices high in Hong Kong, investing in property appears to be a popular way for top civil servants to store wealth. A search of the latest declarations of interest by the 18 permanent secretaries- the highest-ranking civil servants- found that 12 of them own properties for letting. Some have properties overseas. The officials have to declare ...

  7. Comment - Insight & Opinion

    Conflict of interest disclosures need to be more specific for Hong Kong politicians

    Posted Aug 17th 2012, 12:00am

    ... in properties. Altogether, the 30 members hold 142 properties here and overseas. This is hardly surprising in a society where property is one of the favourite investments for the well-to-do. But, inevitably, members' strong interest in the property market will arouse concerns about whether they can steer clear of conflicts, especially when the supply of affordable housing was a key focus ...

  8. Review puts pressure on candidates

    Posted Feb 26th 2012, 12:00am

    ... leading candidates vying to be his successor to state their positions on disclosure laws. Donald Tsang Yam-kuen's announcement of a review came as more details emerged of the property portfolios owned by Henry Tang Ying-yen and Leung Chun-ying. Critics have long complained that the specific details of properties owned by members of the Executive Council members can be hidden ...

  9. Taking the chair

    Posted Feb 03rd 2012, 12:00am

    ... Stewart Leung Chi-kin, chairman of the executive committee of the Real Estate Developers Association, has been appointed a director and vice-chairman of Wheelock. He also replaces Peter K. C. Woo as chairman of Wheelock Properties, where he is responsible for property development. Leung is a former director and general manager of New World Development, where he worked for about ...

  10. DAB panders to rental vote on property

    Posted Jun 16th 2004, 12:00am by Jake Van Der Kamp

    ... for the Betterment of Hong Kong IT WOULD NOT be fair to pick on the Democratic Party alone for fuzzy thinking on property matters and so today it is time for a go at the DAB. I shall have to spare ... rendition of the Chinese original. What we seem to have here is just the same muddle from which the Democrats suffer. What both parties would like is property prices that are lower than at present ...




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