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  • April 25, 2014
  • Last updated: 3:50pm
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Results 1 - 9 of 9 for nansha

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  1. News - Hong Kong - COURTS

    Buying back Nansha land would have incurred huge debt: Ian Fok's lawyer

    Posted Nov 05th 2013, 04:17am by JULIE CHU

    ... Julie Chu julie.chu@scmp.com Lawyer for late tycoon's estate executor says Nansha project came with HK$1.5b of liabilities Buying back Fok land 'would have incurred big ... that exercising a buy-back option for a share in a huge property project in Nansha, Guangzhou would bring with it a HK$1.497 billion debt plus interest, lawyers for Ian Fok Chun-wan said. The younger ...

  2. News - Hong Kong - COURTS

    Philanthropist Henry Fok's children renew fight for control of his estate

    Posted Oct 29th 2013, 04:08am by JULIE CHU

    ... exactly seven years earlier on October 28, 2006, aged 83. He accused Benjamin of trying to hijack his father's legacy of charity work in the booming Nansha district of Guangzhou, the family's ancestral home. The hearing followed one in May when Benjamin's application- made on the grounds that his elder brother had withheld information about a project in Nansha ...

  3. News - Hong Kong - COURTS

    Influential man 'convinced Fok brother to sign deal'

    Posted Nov 01st 2013, 04:29am by JULIE CHU

    ... to Benjamin many times, during which the latter raised his concerns about property worth 30 billion yuan (HK$38 billion) in Guangzhou's Nansha development zone, the barrister said. Benjamin is arguing that the failure of his older brother, estate executor Ian Fok Chun-wan, to reveal an option to buy back a 25 per cent stake in the Nansha project from a charitable foundation adversely ...

  4. News - Hong Kong - COURTS

    Children of late tycoon Henry Fok say brother misled them in estate dispute

    Posted Nov 02nd 2013, 04:30am by JULIE CHU

    ... sincerity" and "utmost good faith" in disclosing everything about the Nansha project in Guangzhou, Poon told the court. However, Ian failed to add that members of the first family could exercise a HK$1 buy-back option to secure a combined 25 per cent ownership of the Nansha land, which was held by a charitable foundation under Henry Fok's name, Poon said. He also failed ...

  5. News - Hong Kong - COURTS

    Benjamin Fok loses bid to oust brother, aunt in charge of multibillionaire father’s estate

    Posted Jan 03rd 2014, 02:04pm by Austin Chiu

    ... because Ian and Timothy had refused to honour a clause of the settlement relating to a 30 billion yuan (HK$38 billion) expanse of land in a project in Nansha, where Henry Fok has ancestral roots. ...

  6. News - China - COURTS

    Guangzhou vows new detention centres won't be like labour camps

    Posted Jan 24th 2014, 01:44pm by DARREN WEE

    ... trial was held on Friday in Nansha district and it took just 10 minutes. The defendant was sentenced to one month in detention for drink-driving. The city is preparing a centre for male ...

  7. News - Hong Kong - COURTS

    Henry Fok's daughters join hands in legal battle against brother

    Posted Oct 23rd 2013, 05:18am by JULIE CHU

    ... Benjamin's part entitlement to a plot of land in Nansha, Guangzhou. He claimed that if the land was fully developed, it would be worth "billions" of dollars. Benjamin also said Ian failed ...

  8. News - Hong Kong - COURTS

    Fok brother's ignorance 'fatal' to estate battle, says lawyer

    Posted Oct 30th 2013, 04:27am by JULIE CHU

    ... Julie Chu julie.chu@scmp.com Fok brother's ignorance 'fatal' to lawsuit The land in the Nansha project that brought late property tycoon Henry Fok Ying-tung's children back into battle over his estate was worth about 30 billion yuan (HK$38 billion), the Court of First Instance heard yesterday. Barrister Denis Chang SC, representing estate executor Ian Fok ...

  9. News - Hong Kong - COURTS

    Henry Fok's family takes fortune fight back to court

    Posted Apr 09th 2013, 06:17pm by Austin Chiu

    ... investigating accountants found Ian Fok had withheld information that could affect Benjamin's part entitlement to a plot of land in Nansha, Guangzhou. The land, if fully developed, would be worth ...



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