Today marks the end of a legal tangle over a property lease for mainland student Zhang Mengtao.Wednesday, 15 August, 2012, 10:42pm
Today marks the end of a legal tangle over a property lease for mainland student Zhang Mengtao.
'I am just relieved that it is finally over,' said Zhang, who made the mistake of subletting her rented flat without letting her landlord or agents know - a pitfall into which many mainland students have evidently fallen as they seek to save additional charges for amending leases.15 Aug 2012 - 10:42pm
Up to one-tenth of senior civil servants cross-leased their properties to gain as much benefit as possible from rental subsidies, a senior government officer says.
Philip Kwok Chi-tak, chairman of the Senior Government Officers' Association, yesterday explained why the perk, known as the private tenancy allowance, was the preferred option for senior civil servants.14 Jul 2012 - 12:00am
Secretary for Development Mak Chai-kwong authorised a civil-servant tenant to sell a flat that is a cause of controversy because of a 'cross-leasing' scheme, Lands Registry documents reportedly show.
The other civil servant, Tsang King-man, meanwhile rented his own flat to Mak and later authorised Mak to sell it, Apple Daily reported.8 Jul 2012 - 12:00am
After a flurry of buying sprees in the first quarter of this year, backed by pent-up demand, sales have significantly slowed recently. But leasing transactions remain brisk as more people turn to the rental market.6 Jul 2012 - 12:00am
Hontex International Holdings has failed in a bid to stop the Securities and Futures Commission (SFC) from seeking a court order to refund back to investors the HK$1 billion it raised in its 2009 initial public offering.8 Jun 2012 - 12:00am
A Securities and Futures Commission (SFC) proposal to tighten regulation of initial public offering sponsors has drawn indignation from investment banks over the possibility of jail sentences under the new law, but investigative firms and lawmakers are throwing their weight behind the tougher rules.28 May 2012 - 12:00am
Steve Vickers, a retired senior policeman turned commercial investigator, who has supervised over 300 initial public offering due diligence exercises across Asia over the past seven years, praised planned reforms to initial public offering (IPO) rules, saying he had encountered serious problems in the sector.28 May 2012 - 12:00am
The Securities and Futures Commission's controversial proposal to tighten rules covering listing sponsors is not intended to put bankers in jail but to encourage them to do a better job, the regulator's chief said.23 May 2012 - 12:00am