K Wah International
K Wah International Holdings invests in and develops real estate in Hong Kong, China, and Southeast Asia. It owns a controlling stake in K Wah Construction Materials, which sells and distributes concrete pipes and aggregates; and makes and distributes ready-mixed concrete and precast concrete products.
K Wah International aims to double its investment property portfolio to 200,000 square metres in the next three to four years in a bid to enhance its recurrent income after first-half profit sank 76 per cent to HK$214 million due to a sharp fall in property sales.Thursday, 7 May, 2015, 5:25pm 1 comment
Hong Kong-listed developer K Wah International plans to expand its investment property portfolio and speed up its development cycle after recording a 66.34 per cent fall in underlying profit last year.
Underlying profit plunged from HK$4.13 billion in 2012 to HK$1.39 billion last year, when fewer Hong Kong projects were completed.27 Mar 2014 - 1:01am 1 comment
Hong Kong developer K Wah International has jumped on the bandwagon of the free-trade zone in Shanghai, hoping its upcoming residential project near the zone may anchor its expansion plans in the mainland's commercial hub.30 Sep 2013 - 5:02am 1 comment
K Wah International forecasts Hong Kong property prices to fall 10 per cent to 20 per cent if the government keeps its cooling measures in place.30 Aug 2013 - 3:40am 2 comments
K Wah International, the mid-tier developer, plans to speed up sales of mainland projects to offset the impact of cooling measures on both sides of the border.7 May 2015 - 12:48pm
If you are not familiar with the industry, don't do the business - so goes the Chinese idiom intended as a warning to potential entrepreneurs not to start a business in unfamiliar industry and so avoid failure.10 Dec 2012 - 1:51pm
Hong Kong stocks may open higher after a two-day National Holiday break on speculation that more easing measures could be in the pipeline to revive growth3 Oct 2012 - 9:57am
Despite the government's efforts to cool the property market, residential sites in Tseung Kwan O and Peng Chau have been sold for record-breaking amounts.
The results of the tender for the two sites, which closed on September 21, were announced yesterday.29 Sep 2012 - 2:30am
K Wah International Holdings expects a third of buyers of its high-end apartments in Shanghai will be from Hong Kong as it believes Beijing's measures to cool the property market won't dent the enthusiasm of investors from elsewhere.7 May 2015 - 5:25pm
K Wah International Holdings tells LuxeHomes it plans to price its new luxury property, Chantilly, in Stubbs Road 'with reference' to the Nicholson Hill Road site which was sold in a government auction in July. The Nicholson Hill Road site fetched HK$32,014 per square foot. K Wah is reportedly looking for an average of about HK$40,000 per square foot.7 May 2015 - 5:25pm
K Wah International, a mid-tier developer run by gaming tycoon Lui Che-woo, said profit surged 1,048 per cent last year as it booked sales at three residential projects.
Its underlying earnings, excluding gains from the disposal of Galaxy Entertainment Group's shares and a property revaluation, rose to HK$800 million from HK$69.7 million a year earlier.3 Apr 2008 - 12:00am
K Wah International Holdings yesterday said first-half underlying profit rose to HK$270 million from a loss a year earlier, thanks to sales of a residential project in Shanghai.
The turnaround came from the completion of phase one of Shanghai Westwood.7 May 2015 - 5:25pm
David Li boosts stake in Bank of East Asia
David Li Kwok-po, the chairman and chief executive of Bank of East Asia, increased his stake in the lender to 2.37 per cent from 2.33 per cent, according to a disclosure to the stock exchange.
It said Mr Li bought 500,000 shares at an average of HK$44.86 each on August 3, raising his total stake to 37.11 million shares.9 Aug 2007 - 12:00am
K Wah International, a mid-tier developer run by gaming tycoon Lui Che-woo, has triggered a government auction of a low-density residential site in Tuen Mun.
The Lands Department yesterday announced the government had accepted K Wah International's minimum bid of HK$525 million, or HK$2,201 per square foot, for the site.24 Apr 2007 - 12:00am
K Wah International, a mid-tier Hong Kong developer, paid HK$358 million in an auction yesterday to buy the remaining units at Hang Hin Mansion in Mid-Levels, 26 per cent higher than the floor price.2 Mar 2007 - 12:00am