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  • September 19, 2014
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  1. Wharf sells City Super stake

    Posted Apr 17th 2004, 12:00am by Ben Kwok

    ... Ben Kwok Wharf (Holdings) chairman Peter Woo Kwong-ching will pay $15.2 million to his company in exchange for a 39 per cent stake in City Super. The deal values the popular lifestyle supermarket and its related stores at $38.9 million, or about 8.6 per cent over its net asset value of $35.8 million. City Super, which operates three supermarkets and two Log On stores, made $1.3 ...

  2. Cable car negligence charges dropped

    Posted Mar 06th 2009, 12:00am by Peter So

    ... Peter So Negligence charges against the chiefs of former Ngong Ping 360 cable car operator Skyrail-ITM over an empty gondola that crashed to the ground were dropped by the prosecution ... a cable car brake test on June 11, 2007, causing danger to the public. Government prosecutor Peter Chapman said in Kowloon City Court yesterday, before Principal Magistrate Andrew Ma Hon-cheung, ...

  3. CNAC woos investors for US$800m airport fund

    Posted May 18th 2005, 12:00am by Russell Barling

    ... expect a lot of interest from Hong Kong entities that have considerable experience in these types of ventures,' said Peter Negline, a regional transport analyst for JP Morgan. ... Boeing 747-sized jets, the standard for international flights. Up in the air Airport Authority rules out participation in the fund Macquarie and private equity firms are being wooed to invest ...

  4. Fook Woo to turn waste into household products

    Posted Mar 15th 2010, 12:00am by Amanda Lee

    ... Amanda Lee Hong Kong-based paper recycler Fook Woo will begin marketing an initial public offering to investors this week aimed at raising some US$150 million in fresh capital to fund its ... capacity to increase by 22,000 tonnes to 124,000 tonnes. The new machine is expected to begin operating this month. Exports still dominate Fook Woo's revenues, which come mainly from selling ...

  5. Prudential will woo HK investors

    Posted Mar 09th 2010, 12:00am by Naomi Rovnick

    ... Naomi Rovnick British insurer Prudential wants to list its shares in Hong Kong, in a convoluted plan to bolster take-up of the US$20 billion rights issue it has launched to fund takeover of Asia's biggest life insurer, AIA. 'The Pru' unveil ...

  6. Suitors woo Huiyuan after Coke flop

    Posted Apr 16th 2009, 12:00am by Staff Reporter

    ... Jasmine Wang China Huiyuan Juice Group says it has been approached by more investors after Beijing blocked Coca-Cola's HK$19.65 billion takeover of the mainland's biggest pure juice maker. 'After the failed deal, we've met more suitors ...

  7. Hostile Joyce Boutique buyout bid

    Posted Feb 09th 2010, 12:00am by Nick Westra

    ... Nick Westra Just two years after scrapping a buyout bid for Joyce Boutique Holdings, Peter Woo Kwong-ching has unveiled another offer that critics say once again undervalues the retailer by double-digit percentages. Woo, chairman of property conglomerate Wheelock & Co, has offered to put up HK$88 million, or 20 cents per share, for the remaining stake in Joyce Boutique that he does ...

  8. Sun Hung Kai fails to woo small brokers

    Posted Feb 26th 2004, 12:00am by Enoch Yiu

    ... Enoch Yiu Brokerage Sun Hung Kai & Co is on the hunt for more acquisitions but is finding expansion difficult to achieve because of the shortage of rivals up for sale. 'We are in a buying mode and we can afford to buy any of the other brokers in ...

  9. Cheung Kong woos buyers in Dongguan

    Posted Sep 30th 2003, 12:00am by Sandy Li

    ... Cheung Kong (Holdings) has expanded its promotional campaign to southern China, where it hopes to sell 70 luxury residential homes worth $1.3 billion during the week-long National Day holiday. The project it is pushing, the Harbourfront Landmark in Hungho ...

  10. Lane Crawford plans $100m flagship

    Posted Jul 26th 2004, 12:00am by Sandy Li

    ... in 1999. Last year, it was sold to a family trust linked to Wheelock chairman Peter Woo Kwong-ching. Under the helm of Mr Woo's daughter, Jennifer Woo, Lane Crawford's IFC Mall outlet ...




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