Kerry Properties said yesterday it had amassed a war chest of more than HK$29 billion for land purchases as it announced a 52 per cent jump in underlying profit for the first half.Thursday, 25 August, 2011, 12:00am
Kerry Properties said the company was not involved in any kind of speculative derivatives or structured product transactions.19 Nov 2008 - 12:00am
Shares in SCMP Group, which publishes the South China Morning Post, surged 8.8 per cent after resuming trading yesterday on news that controlling shareholder Kerry Media will pay up to HK$2.36 billion for the 55 per cent stake in public hands.21 Dec 2007 - 12:00am
Kerry Properties has agreed to sell stakes in seven mainland projects to Kerry Holdings and Allgreen Properties for almost HK$2 billion as part of its portfolio restructuring in the market.
Kerry Properties also said it would invest as much as HK$19.1 billion in those projects. Investment would increase to up to HK$26.5 billion if stake sales to Allgreen failed, it added.7 Dec 2007 - 12:00am
Demand is growing for office space in the industrial district of Kowloon Bay, where firms can more than halve their costs
Kowloon Bay is fast becoming a prime focus in the office leasing market as Hong Kong's towering rents force companies to relocate to cheaper business zones.31 May 2006 - 12:00am
Kerry Properties has won the tender for a 135,561 square foot industrial-office site at a lower than expected $238.8 million, indicating a cautious outlook in the sector.
The site, providing a total floor area of 1.62 million sq ft, was sold at an accommodation value of $147 per square foot.30 May 1998 - 12:00am
Independent third parties have upped their stake in Kerry Properties, the property arm of the Kuok Group due to make its exchange debut today , from 9.2 per cent to 12.3 per cent.
The increase follows the issue to two independent third-party shareholders of 19.4 million shares or 1.9 per cent of the enlarged capital under the placing.5 Aug 1996 - 12:00am
BEIJING'S drive to attract more foreign investment has suffered a major setback with Mr Robert Kuok's Kerry Group pulling out of a big property deal.
To make matters worse, Kerry's withdrawal is said to be the result of the capricious attitude of the mainland partner rather than simply the two sides' failure to reach a commercial deal.25 Mar 1993 - 12:00am