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  • September 22, 2014
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  1. Business - Companies - EARNINGS

    Shun Tak boosts first-half core profit 225.6pc on strong property sales

    Posted Aug 29th 2014, 02:25pm by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Underlying profit at Shun Tak Holdings, which runs businesses from property to shipping and hotels, surged 225.61 per cent year on year to HK$534 million ... of 2013, the company said on Friday. Revenue jumped 120.36 per cent to HK$3.73 billion during the period. Shun Tak declared an interim dividend of 5 HK cents a share. No interim dividend was paid ...

  2. Business - Companies

    Shun Tak interim net profit falls 33pc to HK$672m as revaluation gains drop

    Posted Aug 21st 2013, 03:07pm by Anita Lam

    ... An interim dividend will not be paid. Chatham Gate, a residential project in Hong Kong in which Shun Tak holds a 51 per cent stake, is expected to contribute to the firm's second-half earnings ... Anita Lam anita.lam@scmp.com Revaluation gains drop to HK$508m from HK$907m in same period last year Shun Tak first-half net profit falls 33pc Shun Tak said its first-half net profit fell ...

  3. Business - Money - STOCK WATCH

    Stock Watch: Shun Tak Holdings

    Posted Nov 05th 2012, 12:00am by KHOR UN HUN

    ... spanning gaming, property and transport. Investors distracted by Ho's familial goings-on may overlook a low profile and undervalued component of Ho's corporate empire, Shun Tak Holdings ... its casino holdings (worth HK$6.2 billion) and TurboJet (HK$64 million), an investor could buy all of Shun Tak's property holdings for HK$3.3 billion. As such, it looks like investors ...

  4. Business - Companies - INVESTMENT

    Property sales boost double dividend at Shun Tak

    Posted Mar 26th 2013, 12:00am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Property sales lift returns at Shun Tak Shun Tak Holdings has more than doubled its final dividend as strong property sales drove underlying profit 18 per cent higher last year. The company said core earnings amounted to HK$453 million for the year to December, up from HK$384 million in 2011. Taking into account HK$2.11 billion in revaluation gains from ...

  5. Company profile- Shun Tak Holdings

    Posted Jun 11th 2007, 12:00am by Staff Reporter

    ... Shun Tak Holdings' principal activity is the operation of four core businesses: transport, property, hospitality and investments. In transport, the group owns TurboJet, which provides the public with services between Hong Kong and Macau, Shenzhen and Guangzhou. The property division includes development and investment, and services to support the management of residential, ...

  6. Business - Companies - AVIATION

    Jetstar Hong Kong hopes Shun Tak deal will secure licence

    Posted Jun 07th 2013, 12:00am by Charlotte So

    ... Charlotte So charlotte.so@scmp.com Jetstar HK hopes Shun Tak deal will secure licence Jetstar Hong Kong's long wait to receive an operating licence may be coming to an end after the start-up took Stanley Ho's Shun Tak conglomerate aboard as an investor. The low-cost carrier (LCC) joint venture between China Eastern Airlines and Qantas' Jetstar Group is now more ...

  7. Stanley Ho back in the saddle after blood clot, says family

    Posted Sep 20th 2009, 12:00am by Staff Reporter

    ... he was taken to hospital early last month. Pansy Ho, who is managing director of the family holding company Shun Tak Holdings, also said on Friday that her father had made an '80 per ... Ho was first admitted to the Hong Kong Sanatorium and Hospital in Happy Valley before being moved to the Adventist Hospital in Stubbs Road. The news saw shares in Shun Tak Holdings and SJM ...

  8. Shun Tak plans top hotel for Macau

    Posted Mar 27th 2012, 12:00am

    ... Sandy Li sandy.li@scmp.com Shun Tak Holdings, which runs businesses ranging from property to shipping and hotels, says it plans to build 'an ultra-luxury hotel' on Macau's ... plan to develop the ultra-luxury hotel on the [Cotai] site, to be managed by the Jumeirah Group,' Pansy Ho, managing director of Shun Tak, said. She said the group had solid responses ...

  9. Shun Tak issue puts focus on odd lots

    Posted Mar 12th 2012, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com Shun Tak Holdings' rights issue has highlighted the loophole that allows holders of odd-lot shares to benefit from highly discounted issues. Odd lots ... the practice. In January, Shun Tak announced an issue of three rights shares for every eight held at HK$2.02 each, representing a discount of 35.7 per cent to the stock's price before the offer. ...

  10. Hopewell sells Macau assets to Shun Tak

    Posted Jun 27th 2007, 12:00am by Andy Chen

    ... Andy Cheng Hopewell Holdings, controlled by Sir Gordon Wu Ying-sheung, has agreed to sell its 50 per cent stake in two Macau property developments for HK$4.58 billion to Shun Tak Holdings, which already owns 25 per cent of the projects. Shun Tak, the property-to-shipping group of gaming magnate Stanley Ho Hung-sun, will pay in cash for Hopewell's stake in the residential ...




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