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  1. Icelandic buyer pulls Macau deal

    Posted Jun 23rd 2009, 12:00am by Staff Reporter

    ... Fulton Mak Icelandic investment group and insurer Sjova-Almennar Tryggingar has scrapped the proposed en bloc purchase of a tower at One Central Residences in Macau, Shun Tak Holdings ... a new buyer and was returning the property to the developers,' said Gregory Ku Ka-ho, the managing director at Jones Lang LaSalle (Macau). Many buyers had shown interest in the project ...

  2. Macau tightens policy on approvals

    Posted May 09th 2007, 12:00am by Fox Yi Hu, Sandy Li

    ... Sandy Li and Fox Yi Hu in Macau Investment plans by Hong Kong property developers may be delayed indefinitely Multibillion-dollar investment plans by Hong Kong developers in Macau may ... Development, Chinese Estates Holdings, Cheuk Nang (Holdings) and Kerry Properties to pour in more than HK$10 billion int Macau's real estate market might be stalled by the revamped policy. Today, ...

  3. ICBC takes Macau gambit with HK$4.5b Seng Heng deal

    Posted Aug 30th 2007, 12:00am by Enoch Yiu

    ... Enoch Yiu Industrial and Commercial Bank of China will pay HK$4.54 billion for a controlling stake in Macau's third-largest bank from Stanley Ho Hung-sun's flagship firm. ... lender by value, is willing to pay a premium to build a relationship with Mr Ho amid soaring growth in the gambling city. The purchase price represents 3.06 times the Macau bank's net book ...

  4. Macau building boom helps NWS interims

    Posted Mar 17th 2007, 12:00am by Denise Tsang

    ... from a construction boom in Macau, increased profit 50 per cent to HK$110.1 million. The company obtained contracts worth HK$991 million during the period, bringing its total contracts on hand to HK$5.5 billion. 'It is expected that Macau will continue to be the major profit contributor in coming years,' chairman Henry Cheng Kar-shun said. The NWS-managed Hong Kong Convention ...

  5. Developer takes first project in Macau

    Posted Mar 27th 2004, 12:00am by Peggy Sito

    ... Peggy Sito Mainland-backed property developer China Overseas Land & Investment has made its first foray into Macau, spurred by an upbeat outlook on the city's economy and property ... in property prices,' Mr Kong said. The company bought a piece of land in Macau with a gross buildable area of about 1.5 million square feet. It will provide about 1,000 units when building ...

  6. Luso International Bank targets HK$1b initial public offering

    Posted Jan 14th 2008, 12:00am by Staff Reporter

    ... Wong Ka-chun Luso International Bank, a Macau-based lender, is likely to be the first financial institution to launch an initial public offering in Hong Kong this year, sources say. The lender will also be the first bank in Macau to list in Hong Kong. Luso International hopes to raise up to HK$1 billion from the share offering expected in the second quarter. The bank, wholly ...

  7. Results

    Posted Feb 28th 2008, 12:00am by Staff Reporter

    ... Today Interim: Hopewell Highway Infrastructure, Hopewell Holdings Final: CLP Holdings, Shenzhen High-Tech Holdings AGM: Macau Success Tomorrow 1st Quarter: Loulan Holdings 3rd Quarter: FU ... Communication Technology Holdings, Winfoong International AGM: Eco-Tek Holdings, M Dream Inworld March 3 Final: Hang Seng Bank, HSBC Holdings, Macau Investment Holdings, Pacific Basin Shipping AGM: Yue ...

  8. Lai See

    Posted Jul 18th 2007, 12:00am by Ben Kwok

    ... (a 231-carat gem) at the second-phase expansion of Wynn Resorts Macau. Rival Stanley Ho Hung-sun (below) refuses to be outshone. Today Mr Ho's Sociedade de Jogos de Macau unveils a 218.08 carat diamond named 'The Star of Stanley Ho. Grand Lisboa, Macau'. The largest cushion-shaped D colour diamond will go on show at Mr Ho's newest casino after a ceremony ...

  9. China Energy placement raises HK$445.5m

    Posted Mar 14th 2007, 12:00am by Eric Ng

    ... Eric Ng in Beijing Proceeds will be used to finance gas project in Macau China Energy Development, which has a joint venture with China Petroleum & Chemical Corp (Sinopec) to sell liquefied natural gas from Zhuhai to Macau, has raised HK$445.5 million through a placement to fund its energy project. The company, formerly loss-making restaurant operator Hon Po Group, sold 270 ...

  10. More yuan business to create 30,000 jobs

    Posted Sep 02nd 2011, 12:00am

    ... Gary Cheung gary.cheung@scmp.com A forecast leap in yuan business at Hong Kong banks points to tremendous growth opportunities by 2014, but the city could lose out if the supply of office space fails to keep up with the resulting increase in financial sec ...




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