Fears over web bid

The owner of the online radio station Hong Kong Reporter, Shiu Yeuk-yuen, has offered HK$10 million to buy one of the city's most popular internet forums, hkgolden.com.

Thursday, 21 July, 2011, 12:00am

Fears for free expression in bid for online forum

The owner of Hong Kong's most popular online radio station is bidding to acquire one of the city's most popular internet forums, raising concerns about a possible monopoly and a blow to freedom of expression.

Veteran screenwriter Shiu Yeuk-yuen, who owns Hong Kong Reporter, has offered HK$10 million for hkgolden.com.

20 Jul 2011 - 12:00am

HK Construction forms mainland ventures

Projects will include a five-star hotel in Tianjin and a trade centre in Zhejiang

Hong Kong Construction (Holdings) has joined forces with other companies to invest in developing a hotel and a trade venue as it looks to expand its mainland property portfolio.

22 Apr 2006 - 12:00am

Lai See


There is an entertaining courtroom spat brewing in Singapore, where tycoon Oei Hong Leong is suing various parties for libel. A sample of last week's banter follows:

19 Jul 2004 - 12:00am

Ong finally wins control of NatSteel

Singapore's most intriguing takeover battle for many years ended last night as tycoon hotelier Ong Beng Seng won control of the cash-rich NatSteel by the narrowest of margins.

11 Jan 2003 - 12:00am


The fourth-floor ballroom at Singapore's Mandarin Court Hotel is a gloomy place with vicious air-conditioning, no natural light and poor acoustics.

But it was packed yesterday with retail investors keen to add their voices to the best corporate saga of the year.

5 Dec 2002 - 12:00am

Asset trader turns up the heat in bid for NatSteel

Asset trader Oei Hong Leong turned up the heat in his battle with the Singapore establishment for control of NatSteel yesterday by becoming a larger shareholder than his state-backed rival.

3 Dec 2002 - 12:00am

China Development sues former directors

Civil engineering group China Development Corp is suing seven former directors, including Singaporean businessman Oei Hong Leong, for $7 million in remuneration paid to them.

29 Apr 1998 - 12:00am

Miner clarifies structure

Mining consultant China Development Corp said its shares would recommence trading this morning after clarification of its shareholding structure. Chairman Oei Hong Leong sold his entire 27.89 per cent stake in the company to Dynasty Line, a company controlled by Sukamto Sia. Mr Sia and Dynasty Line now hold about 43 per cent of China Development's shares.

21 Oct 1997 - 12:00am

Chip Lian makes strategic buy

China Strategic Holdings says chairman Oei Hong Leong's associate Chip Lian Investments (HK) has bought about 0.65 per cent of the issued share capital of the company. Meanwhile, the company said it was unaware of any reason for the increase in its share price and turnover.

15 Oct 1997 - 12:00am

Sum Cheong mainland property drive

The new management team at construction contractor Sum Cheong International has completed the first phase of its effort to change the company's image from that of a management battlefield into a mainland property developer.

Minority shareholders yesterday approved a name change to China Development Corporation, which management said reflected the company's investment plans.

25 Jun 1997 - 12:00am

Sum Cheong shares soar after lifting of 11-month suspension

Shares in construction company Sum Cheong International (SCI) rose 4.3 per cent to $6 yesterday after a year's suspension owing to a tussle for control of the company.

The Singapore-based, Hong Kong-listed company was suspended on February 1 last year due to unclarified shareholding changes.

14 Jan 1997 - 12:00am

Oei in general offer for China Strategic

China Strategic Holdings chairman Oei Hong Leong has made a general offer for the company at $2.50 a share, valuing the entire company at $1.65 billion.

This follows a share option Mr Oei exercised yesterday, giving him the right to subscribe to 12.3 million new shares in the company, or 1.9 per cent of existing share capital, a company spokesman said.

10 Oct 1996 - 12:00am

Sum Cheong in placement

Sum Cheong International shareholder and director Oei Hong Leong is to place 11.5 million shares in the company to Albert Hong, a private investor claiming to have no other interest in the company's shares.

21 Sep 1996 - 12:00am

Stakes in Sum Cheong

SUM Cheong International has confirmed that two Singaporean-based investors, Oei Hong Leong and Sukamto Sia, had bought separate stakes in the company potentially totalling 66 per cent.

It said its shares would remain suspended because of the uncertainty created by the shareholding changes and other matters that needed to be clarified with the stock exchange.

9 Feb 1996 - 12:00am