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  • November 28, 2014
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  1. Plan to limit number of directorships scrapped

    Posted Oct 29th 2011, 12:00am

    ... year. But the rest- about 300 companies, including blue chips such as Cathay Pacific Airways and Sun Hung Kai Properties- fell below the one-third threshold. The exchange also amended ...

  2. Ex-finance manager guilty of receiving HK$10m in bribes

    Posted Sep 05th 2007, 12:00am by Staff Reporter

    ... Yvonne Tsui A former finance company manager was found guilty yesterday of receiving more than HK$10 million in kickbacks after approving a loan of HK$22.78 million to a developer of village houses. Kwok On-fat, 51, who is a former manager of the Mong Kok ...

  3. MIND the gap

    Posted Nov 11th 2011, 12:00am

    ... to imagine the potential of this site,' says Angel Law, director of Prestige Homes at Savills, who is marketing the property. The gap between luxury and mass residential prices has widened ... to have a value of HK$2.2 billion to HK$2.5 billion. In the mass market, the tender for a residential project above West Rail Nam Cheong Station was awarded to Sun Hung Kai Properties after ...

  4. Developers go upmarket to attract buyers

    Posted Jan 04th 2012, 12:00am

    ... galleries, this would help create a stylish and trendy neighbourhood without the need to spend huge amounts of money. The transformation of the area would lift property prices and rentals,' Law ... to provide keyless entry to apartments. Sun Hung Kai Properties, for instance, said it spent HK$250 million on kitchens and bathrooms alone at its new project, The Wings, in Tseung Kwan O, while ...

  5. Citic wins bid to bar police from files

    Posted Mar 29th 2012, 12:00am

    ... confidential. There is no evidence that the documents- including advice from Citic Pacific's law firm Mayer Brown JSM that it submitted to the Securities and Futures Commission- were produced to facilitate dishonest conduct, Mr Justice Michael Hartmann wrote in a ruling. On its face, the steelmaker and property developer's 2008 case on raising loans from three banks without immediately ...

  6. Longing for the personal touch

    Posted Apr 30th 2012, 12:00am

    ... their oligopolistic grip on the market is the only conceivable explanation for their success. They have beaten rivals not with retail innovations but by their influence in the property market, ... and is at least partly explained by the absence of dynamic retailing gurus leading these companies. As ever in Hong Kong, success in retailing is determined by access to the property market. Investors ...

  7. HK still freest economy, but ranking at risk

    Posted Sep 21st 2011, 12:00am

    ... For the 33rd consecutive year the city has topped the ranking, but the minimum wage law, the competition law now under debate, and the city's increasing economic ties with the mainland may mean ... company sector and lowest marginal tax rates. It ranked 12th when judged on its legal system and protection of property rights. But Peter Wong, executive director of the Lion Rock Institute, ...

  8. Alleged shell companies run by Ao Man-long

    Posted Nov 08th 2007, 12:00am by Staff Reporter

    ... Citygrand Management Owned by Ao Man-long's sister-in-law, Chan Va-choi, and managed by Ao and his wife. The firm has three accounts with ICBC Asia in Hong Kong and another account with HSBC, Hong Kong. Trendfree Development Owned by Ao and his wife. The firm has a number of accounts in Hong Kong. Ecoline Property Owned by Lee Se-cheung and Lee Leong-chi, and managed by Ao. ...

  9. Billions at stake as descendants inherit riches

    Posted Jul 09th 2012, 12:00am

    ... in the past, most notably in the Kwok family that controls Sun Hung Kai Properties and in the family of Stanley Ho Hung-sun, whose four wives have borne him 17 children. Two daughters of Chen Din-hwa, ... is the trustee of the Kwok family trust, which owns a stake of some 42 per cent in Sun Hung Kai Properties. But Rennell declined to comment on the issue. 'The thing is [that] trust has survived so ...

  10. Outrage over arrest at German trade fair

    Posted Sep 21st 2004, 12:00am by Felix Lo

    ... '[The] lawful interests of exhibitors from Hong Kong should be given due respect and protection, and the rude behaviour of the local law enforcement officers, as shown in the press photos, was shocking. 'While the association will adhere to its consistent ethos of protecting intellectual property rights, any commercial argument should be resolved through lawful procedures.' Mr ...




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