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  • July 11, 2014
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  1. Crafted to last for centuries

    Posted May 24th 2004, 12:00am by Staff Reporter

    ... Watch Company (IWC). Unlike fashion that lasts at most a couple of years, IWC watches are crafted to last for centuries. The perpetual calendars on IWC watches are set to run for 500 years. Do ... changed to reflect the ownership. It changed its name back to IWC in 1978 and, in 2000, became part of the Richemont group. 'When we took over the brand three years ago, people thought we ...

  2. Politics first

    Posted Jul 19th 2003, 12:00am by Staff Reporter

    ... Comments made by Gao Siren, director of the central government's Liaison Office, that Hong Kong people should not politicise issues and instead should focus on the economy, reveal a man who is either ignorant or thinks people in Hong Kong are ignoran ...

  3. Citic Group may reduce overlap with Citic Pacific

    Posted Dec 25th 2008, 12:00am by Carol Chan

    ... Carol Chan Citic Group, which spent HK$11.6 billion rescuing Citic Pacific after its ill-fated venture in Australian accumulator contracts, may consolidate some of the similar business units of the two companies to avoid competition, according to executives of the state-owned firm. Citic Group would support Citic Pacific's business development on the mainland and its iron ...

  4. PCCW staff group threatens work to rule

    Posted Feb 22nd 2009, 12:00am by Yvonne Liu

    ... the highest since 1994. A PCCW spokeswoman said the company was confident of maintaining high-quality services despite the threat from the union. Terry Ip Ngok-fung, chairman of the Pacific Century ... of Trade Unions, said members would protest against the PCCW layoffs outside the Central Government Offices today. The union has sent a letter to PCCW group managing director Alex Arena seeking ...

  5. Debt deal ends Century City saga

    Posted Oct 12th 2004, 12:00am by Joseph Lo

    ... Century City International Holdings has agreed to a $1.79 billion debt-restructuring programme with creditors, ending a turbulent chapter in the history of Hong Kong business. Century City ... and shattered prospects in the wake of the city's collapsed property market. At the height of Mr Lo's financial problems, his companies- including Century City, Paliburg Holdings and Regal ...

  6. Marks & Spencer forced out of Pacific Place

    Posted Dec 24th 2004, 12:00am by Peggy Sito

    ... operating the store in Pacific Place for about 15 years, M&S said it would close in June because landlord Swire Properties did not renew its lease. The space, over two floors, will be occupied ... customers. Mr Wolff said the company would be happy to stay and pay higher rent. The Pacific Place outlet was one of the best performers of nine in Hong Kong, he said. However, Swire Properties ...

  7. Swire upbeat about Pacific Place offspring

    Posted Nov 10th 2004, 12:00am by Kenneth Ko, Vanapa Ongvises

    ... Reports by Kenneth Ko and Vanapa Ongvises LEASING OF OFFICE space at Three Pacific Place, the addition to the successful Pacific Place complex in Admiralty, is getting a boost from company ... institutions and multinational corporations to make Three Pacific Place their headquarters of choice. 'We are in discussions with several major financial institutions and multinationals that need ...

  8. Asia-Pacific beckons CLP's new investments

    Posted Feb 25th 2011, 12:00am by Denise Tsang

    ... Denise Tsang Power utility CLP Holdings will consolidate its assets with a focus on the Asia-Pacific region after reporting a 26 per cent jump in net profit last year to HK$10.33 billion. Chief executive Andrew Brandler yesterday said the group would integrate the recently acquired electricity retailing business in New South Wales, Australia, with its flagship TRUenergy, expand ...

  9. Citic Group faces uphill task in restructuring HK flagship

    Posted Apr 10th 2009, 12:00am by Enoch Yiu, Eric Ng

    ... may be appointed. On March 25, Citic Group appointed director and assistant president Zhang Jijing, as well as director and chief financial officer Ju Weimin on to Citic Pacific's board ... Ju's appointments, Citic Group's representation on Citic Pacific's board is still a minority, given it has 10 executive directors and nine non-executive directors. Previously, only Mr ...

  10. Hang Lung Group chairman says no job losses, considers pay cuts

    Posted Nov 26th 2008, 12:00am by Joyce Man

    ... The Hang Lung Group has no plans to fire staff but may cut pay, starting with management, the property group's chairman said yesterday. Ronnie Chan Chi-chung, speaking after the China ... was poor, we cut [salaries]. When times are bad, cutting salaries - I think that's very reasonable,' he said. The group will decide later whether to give out bonuses. With no debts and up ...




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