Draw key as Memory retains trophy

California Memory has a massive lead over his rivals to retain the Hong Kong Cup as a cheeky Matthew Chadwick sticks his tongue out. Photo: Kenneth Chan

Many might speculate California Memory's back-to-back wins were a product of the shock scratching of the world's top-rated horse last Friday, but Matthew Chadwick thinks the penny dropped his way a day earlier.

Monday, 10 December, 2012, 2:44am

Carlton House and Sea Moon show plenty of gusto

There has been some sort of cloud - let's say wisps of haze - surrounding Michael Stoute's two-horse team, Carlton House and Sea Moon. But those doubts were basically erased yesterday after both horses ran sterling final gallops on the turf track.

8 Dec 2012 - 1:54am

Stephens dreaming of big things with Alcopop

Alcopop, who has settled in well, canters a lap on the all-weather track at Sha Tin yesterday. Photo: Kenneth Chan

There is the usual line-up of billionaires, international breeders and captains of industry at this weekend's Longines Hong Kong International Races - and there is also the Jake Stephens-trained Alcopop proving there's still a place in racing for the dreamer.

4 Dec 2012 - 1:37am


G/F, 16 Arbuthnot Road, Central Tel: 9643 6571

5 Jul 2012 - 12:00am

Bid to make spirits easier to swallow

Thomas Bohrer is known to enjoy a good whisky or grappa, a potent Italian brandy, among friends and clients. But he rarely savours fine spirits in Hong Kong because of the hefty 100 per cent duties.

'When I'm back in Europe, or in Italy, I drink a lot more spirits,' he said.

7 Oct 2010 - 12:00am

Britain's battle with the bottle

Here's a question: if the eskimos have many words for 'snow', so much is their world dominated by the white stuff, how many phrases would the British have for getting drunk on the 'hard stuff'?

9 Sep 2007 - 12:00am

UDL seeks $6m fund-raising

UDL has announced a one-for-two rights issue to raise HK$6.6 million. The rights issue price is 2.5 HK cents, or 50 per cent below its trading price of five HK cents on September 11. Majority shareholder Harbour Front, which owned 42.15 per cent in UDL, agreed to take up its entitlement, with an undertaking to acquire an additional 2 per cent stake.

7 Oct 2002 - 12:00am

Court orders UDL to disclose 76pc backing for adjournment

Cash-strapped UDL Holdings said it and two wholly owned subsidiaries were involved in three winding-up petitions from three parties. In the petition filed by HSBC, the company was ordered to disclose the 76.98 per cent of the support for adjournment by January 18. UDL on Monday claimed 76.98 per cent of creditors backed a scheme of arrangement which could save the firm from liquidation.

13 Jan 1999 - 12:00am

UDL subsidiary in $66m suit as winding-up hearing looms

Cash-strapped UDL Holdings was struck a further blow yesterday with a lawsuit claiming HK$66 million filed against a subsidiary just days before it goes to court to fight a liquidation bid.

The marine and civil engineering company will attempt to convince a judge on Monday that it can pay off creditors seeking to wind it up.

7 Jan 1999 - 12:00am

Winding-up petition adjourned

Marine civil engineering firm UDL Holdings said the winding-up petition presented by K.Y.H. Steel against UDL Argos has been adjourned until January 11, the date of the next hearing of a similar petition by Hongkong Bank against UDL. The winding-up petition presented by Ajax Pong Machinery Leasing against UDL Kenworth was adjourned until December 21.

2 Dec 1998 - 12:00am

Judge gives chance to stricken arm of UDL

Hong Kong's company judge refused to wind up a subsidiary of troubled marine and civil engineering company UDL Holdings yesterday, saying: 'I'm going to give this company a chance.' The temporary reprieve hinges, however, on a restructuring plan devised by the holding company itself, set to fight a winding-up order in the new year.

1 Dec 1998 - 12:00am

UDL Argos wins short reprieve

UDL Argos Engineering & Heavy Industries has been given three weeks' grace to devise a scheme to pay off creditors. The company is the subject of a winding-up petition and was granted a three-week adjournment at the Court of First Instance yesterday. UDL Argos laid off 520 workers in November 1996 as a result of completing 50 per cent of construction work for China Light and Power (CLP).

27 Oct 1998 - 12:00am

UDL sued over debt of $17.5m

Marine works manufacturer UDL Holdings is being sued by a leasing company over an alleged $17.5 million debt.

Under an agreement with Showa Leasing (Hong Kong), UDL was deemed liable for all money and liabilities owed to the company by Universal Dockyards, according to a High Court writ.

UDL is a holding company of Universal Dockyards.

30 Jul 1998 - 12:00am

Poor job sees ban slapped on UDL

UDL Holdings, one of Hong Kong's largest marine works contractors, has been barred from tendering for further Works Bureau contracts because of poor performance on government work.

The move is a further blow to the company which has been badly hit by the slowdown in construction - particularly reclamation projects - which has caused cash-flow problems.

22 Mar 1998 - 12:00am


Electrical and mechanical engineering company KEL jumped 23 per cent on its debut yesterday.

The counter ended at $1.23, compared with its offer price of $1, on trade of 74.69 million shares.

The share price surged 50 per cent immediately after the opening but soon dropped off to track between $1.23 and $1.33.

25 Apr 1997 - 12:00am