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  • November 27, 2014
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Results 1 - 6 of 6 for rental expense

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  1. Restaurant chain begins HK$165m IPO to fund push into new cities

    Posted Apr 07th 2011, 12:00am

    ... Jin Jiang International Hotels. Rental expenses amounted to 45.3 million yuan last year, representing 7.5 per cent of the total revenue, up from 31.9 million yuan and 7.1 per cent in 2009, ... in Hong Kong. 'The rent in Hong Kong is too expensive,' said Matthew Leung, chief financial officer of the restaurant group. 'Unless things change, opening a restaurant in Hong Kong ...

  2. Hopes ride high for new railway link

    Posted Aug 16th 2007, 12:00am by Anita Lam

    ... alone would be able to cover the HK$100 million projected annual expenses, while earnings of HK$300 million a year from railway-related business, including retail and rental, would help ...

  3. Hon Kwok plans bigger footprint on mainland

    Posted Dec 11th 2009, 12:00am by Peggy Sito

    ... of the investment. 'Property assets in Hong Kong are too expensive. We have no option but look to the north,' said Fung. The mainland expansion plan was unveiled after the company announced a 126.2 ... from the sale of 145 units in a residential project in Guangzhou. Fung said the group's rental income would improve when 410 serviced apartments and hotel rooms under the Bauhinia brand ...

  4. Low-priced homes lure HK buyers

    Posted Oct 21st 2009, 12:00am by Sandy Li

    ... Wu checkpoint. It is the most expensive in my portfolio,' said Tang, who has kept one of the four small apartments in his portfolio for his own use and refurbished one as a library ... bought two small residential units in Shenzhen this year for a total of about 1.1 million yuan. 'They provide rental income from day one as I bought the apartments with leases,' he ...

  5. Austerity measures stem buying, but owners wait it out

    Posted Jan 31st 2007, 12:00am by Sandy Li

    ... per cent capital gains tax, after deducting interest expenses, decoration and 5.5 per cent sales tax, on secondary sales. The central government last week was considering introducing rates ... Michael Choi Ngan-min. Now, Mr Hung would not advise any of his friends to invest in property on the mainland. 'Today, apartments are getting more expensive,' said Mr Hung, who is just ...

  6. 'Tough Man' clears Shenzhen's slums

    Posted Sep 06th 2004, 12:00am by Staff Reporter

    ... at the expense of hundreds of thousands of underprivileged people. Most of the people affected by the campaign were migrant workers from rural areas in inland provinces. They had always struggled to earn ... day, thousands of migrant workers arrive seeking to improve their lives, creating a huge market for illegal guesthouses and the underground rental market. The native farmers saw an opportunity ...



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