• Sun
  • Dec 21, 2014
  • Updated: 9:51pm

Kwong Siu-Hing

Kwoks try to ensure a 'sense of security'

The scandal-hit bosses of Sun Hung Kai Properties evoked former US president Franklin D. Roosevelt in a message of encouragement to staff on Friday, telling them: 'The only thing to fear is fear itself.'

Sunday, 15 July, 2012, 12:00am

Breaking with the old ways

Once seen as being unprepared for command of Hong Kong's largest property developer, the third generation of the Kwok family has finally been entrusted with the task of controlling Sun Hung Kai Properties.

14 Jul 2012 - 12:00am

Crunch time in Sun Hung Kai graft probe

An unprecedented anti-corruption investigation into the tycoon brothers who head Hong Kong's richest property dynasty and their alleged links to a former top government official will reach a critical stage just days after the city's new leader is sworn in on July 1.

24 Jun 2012 - 12:00am

Third generation 'not ready' to run family firm

The arrest of all three Kwok brothers at the top of Sun Hung Kai Properties in a corruption investigation has deepened concern about succession at the firm.

Their children, the third generation of Kwoks, are not seen as being ready to take command of the listed developer, in which the family retains a controlling stake.

5 May 2012 - 12:00am

I was not involved, he said - then ICAC swooped

Walter Kwok Ping-sheung's arrest came just two days after the former chairman of Sun Hung Kai Properties (SHKP) publicly distanced himself from the bribery scandal engulfing the company.

5 May 2012 - 12:00am

Walter Kwok puts faith in original family trust deal

Ousted chairman Walter Kwok Ping-sheung yesterday challenged his mother Kwong Siu-hing's power to remove him as a beneficiary of a family trust that controls the HK$246.6 billion Sun Hung Kai Properties empire. 'My mother is just a protector of the family trust. A protector should act in compliance with the agreement between parties,' said Kwok.

3 May 2012 - 12:00am

Kwok steps up comeback in family empire

Walter Kwok Ping-sheung, the ousted chairman of Sun Hung Kai Properties, yesterday attempted to distance himself from the corruption scandal engulfing the company as he stepped up his fight to regain some control over the family empire.

2 May 2012 - 12:00am

Kwok kidnapping still casting a shadow

On Tuesday, Sun Hung Kai Properties chairmen Thomas Kwok Ping-kwong and Raymond Kwok Ping-luen report back to the Independent Commission Against Corruption to answer more questions and face possible bribery and misconduct charges, along with former chief secretary Rafael Hui Si-yan - the highest-ranking ex-government official ever to be arrested in the anti-graft agencies' nearly four-decade hi

6 Apr 2012 - 12:00am

Empire of the sons

From late patriarch Kwok Tak-seng's humble beginnings selling groceries and zippers, the Kwok family has ascended to dizzying heights among Hong Kong's landed elite. Sun Hung Kai Properties - now controlled by Kwok's younger sons Thomas and Raymond - has built some of world's tallest and most iconic skyscrapers.

6 Apr 2012 - 12:00am

Appoint new directors, analysts urge SHKP

Like many family-run businesses, the troubled Sun Hung Kai Properties empire has been run by a coterie of relatives and friends for decades.

Now, with its top management under investigation by the anti-graft commission, the city's biggest developer has been urged to bring in new blood through appointing executive directors to its management board

5 Apr 2012 - 12:00am

Brother 'did not trigger arrests'

Contrary to media speculation, the high-profile ICAC arrests of Sun Hung Kai Properties chairmen Thomas Kwok Ping-kwong and Raymond Kwok Ping-luen were not triggered by a complaint from their estranged brother, a source close to the investigation said yesterday.

5 Apr 2012 - 12:00am

Fatal swim for executive, 80

The co-founder of a locally listed company drowned while swimming in Victoria Harbour off Hung Hom yesterday.

Soo Cho-ling, 80, executive director of Winfair Investment, was spotted in the sea off Tai Wan Shan swimming pool at about 8.30am.

6 Jan 2010 - 12:00am

Ah Pak

Rumours and musings from the night watchman

Matriarch Kwong celebrates

Happy birthday, Madam Kwong Siu-hing!

The chairman of Sun Hung Kai Properties hosted a 30-table banquet last Tuesday at the Royal Garden Hotel - one of the group's properties - to celebrate her first birthday since she took up the chairmanship in May.

17 Dec 2008 - 12:00am

Quotes of The Week

The dog couldn't find it and the officer also forgot which bag he put it in. If by some chance a passenger finds it in their suitcase, we're asking them to return it.

31 May 2008 - 12:00am

Walter Kwok may take new role

Tycoon 'willing to be non-executive director'

Tycoon Walter Kwok Ping-sheung would be willing to accept an appointment as a non-executive director of Sun Hung Kai Properties if the company's board removed him as chairman and chief executive officer today, a source said.

27 May 2008 - 12:00am