Hongkong Land

CT9 agreement struck

CHINA and Britain ended four years of stalemate by finally announcing a deal on Hong Kong's controversial Container Terminal 9. Under the agreement, a Jardines-led consortium originally given two berths at CT9 would operate two berths at CT8 instead.

Sunday, 22 September, 1996, 12:00am

Petit moves

Hongkong Land Holdings director Jonathan Petit is to leave the company to become chief executive of Colliers Jardine.

21 Sep 1996 - 12:00am

HK Land wins tender

Hongkong Land Holdings has won a tender for a commercial site in central Singapore, offering the highest bid of S$292 million (about HK$1.6 billion). The Urban Redevelopment Authority said the 8,783 square metre site could be used for commercial and residential development.

17 Sep 1996 - 12:00am

Hongkong Land buys site

Hongkong Land Holdings has agreed to buy the Crown Motors Building in Quarry Bay from Pacific Century Group for more than $800 million.

This is the second major acquisition made by the Jardine property arm in the past two weeks.

It sealed a deal at the end of July to buy the low-rise Stanley Court residential development in Stanley for $295 million.

9 Aug 1996 - 12:00am

Land sees modest growth

Hongkong Land Holdings expects a modest increase in net income from properties for the full year.

'Positive rental reversions [are] likely to come to an end in the second half,' chairman Simon Keswick told the annual meeting in Bermuda.

13 Jun 1996 - 12:00am

Alliance baffles hong watchers

THE tie-up announced last week between Jardine Strategic and Tata Industries falls into the 'small but curious' category of business deals. Small, because the sums involved are relatively insignificant for these trading empires; curious, because of the information vacuum surrounding the deal.

7 Apr 1996 - 12:00am

Hongkong Land fights site ruling

HONGKONG Land has confirmed it is appealing against a town-planning board decision to block the redevelopment plan for its 30-year-old staff flats in Victoria Road, Kennedy Town.

Clement Lau K M, manager of Hongkong Land's property development department, said that the appeal had been filed to keep all the company's options open.

8 Mar 1996 - 12:00am

Bid for 'House of Horrors'

IT could be called the new Battle for Trafalgar. Norwegian shipbuilding group Kvaerner announced it was considering a takeover of Trafalgar House, which has provided nothing but nightmares and losses for its major shareholder Hongkong Land Holdings over the past few years.

3 Mar 1996 - 12:00am

Land AGM

HONGKONG Land Holdings chairman Simon Keswick yesterday told investors attending the firm's annual general meeting in Bermuda that Hong Kong rents were falling.

Holding the meeting in the Caribbean for the first time, Mr Keswick said Hongkong Land's net rental income would rise this year.

6 Jun 1995 - 12:00am

HK Land to feel losses at Trafalgar

HONGKONG Land shareholders face paying for the failed expansionist exploits of its 25.3 per cent-owned British associate Trafalgar House.

19 May 1995 - 12:00am

Play time for Land

THE balance sheet of Hongkong Land Holdings makes fascinating reading.

Year-end profits may be impressive, but a flip through the 1994 accounts released yesterday reveals more mind-boggling facts.

Probably most remarkable is its exceptionally low gearing. With net borrowings of US$73 million, that represents less than one per cent of shareholders' funds.

31 Mar 1995 - 12:00am

Hongkong Land to ride out storm

WHILE most of the territory's developers were tearing their hair out last year trying to come to terms with the battered residential sales market, Hongkong Land Holdings shared none of their problems.

Flat prices tumbled and sales all but dried up, but Hongkong Land's directors were sitting pretty.

30 Mar 1995 - 12:00am

Jardines issues transfer details

JARDINE group companies due to de-list from the Hong Kong exchange have issued details of the share trading transfer arrangements to Singapore.

The companies, Hongkong Land, Dairy Farm and Mandarin Oriental, are due to stop trading on the local exchange on March 31.

1 Mar 1995 - 12:00am

Worries to see players remain on sidelines

By DEBBIE CHU THE stock market is not expected to see drastic movement this week, although nervous sentiment will continue to dictate trading activity.

The market continues to be under pressure on the back of fears of an interest rate rise, an unstable property market, and threat of a trade war between China and the United States.

9 Jan 1995 - 12:00am

No exemptions

JARDINE Matheson's decision to de-list from the Hong Kong stock exchange will no doubt be interpreted in many quarters as a loss of confidence in the run-up to 1997 and the Chinese takeover of Hong Kong.

24 Mar 1994 - 12:00am