Peter Woo

Wharf backs down on assets plan

Peter Woo told shareholders he had a succession plan in place.

The plan for the Hong Kong conglomerate The Wharf (Holdings) to have half of its total assets on the mainland may not be achievable in the near future, the company's chairman warned shareholders.

Friday, 7 June, 2013, 3:46am

Outsiders have clearer view of our city's true excellence

Peter Woo Kwong-ching, chairman of Wharf. Photo: Dickson Lee

The Wharf (Holdings) chairman Peter Woo noted in his chairman's statement in the group's annual report that Hong Kong had become the top brand and the place to go for many goods and services mainlanders preferred. Thus, the current extraordinary surge in demand from the mainland should be treated as a "happy" problem, even though it challenged the city's capacity and creativity.

13 May 2013 - 5:24am

Stock Watch: Wheelock

Peter Woo spent over HK$400 million on Wheelock shares between August 2011 and October 2012. Photo: Dickson Lee

Peter Woo Kwong-ching, the chairman of Wheelock & Company and Wharf Holdings, has also been steadily increasing his shareholdings in Wheelock, a ports-to-property conglomerate. Between August last year and October this year, he spent about HK$434 million on Wheelock shares.

Based on its current share price, he would have reaped more than HK$190 million in unrealised profits.

10 Dec 2012 - 2:28am

Heavyweights lead buying by directors as disposals subside

William Fung

Buying of their own company shares by directors surged for a second week, with 53 companies filing 282 purchases worth HK$290 million with the stock exchange for the first week of September.

The figures were sharply up from the previous week's 31 companies that disclosed 176 purchases worth a total of HK$140 million.

10 Sep 2012 - 1:26am

Give C.Y. Leung a chance, Wharf chairman says

Peter Woo Kwong-ching, chairman of investment firm The Wharf (Holdings), yesterday urged people to be more supportive of chief executive-elect Leung Chun-ying and his aides.

Speaking after the company's annual general meeting, Woo said Leung's manifesto had medium- to long-term policies aimed at further developing Hong Kong.

31 May 2012 - 12:00am

It's business as usual

The composition of the Hong Kong delegation to the Chinese People's Political Consultative Conference (CPPCC) is by no means a microcosm of Hong Kong society.

The disproportionately high number of delegates from the business sector underlines the central government's 'united front' effort directed towards Hong Kong's business elite in the past two decades.

9 Mar 2012 - 12:00am

Big guns line up for Tang

Three of the city's leading tycoon families have thrown their full support behind embattled chief executive candidate Henry Tang Ying-yen, although many have hedged their bets should his arch rival, Leung Chun-ying, win the Election Committee's vote next month.

23 Feb 2012 - 12:00am

Leung takes the chair at Wheelock Properties

Stewart Leung Chi-kin will take over as chairman of Wheelock Properties, a wholly owned subsidiary of Wheelock & Co, and become vice-chairman of the parenty compan, next week.

28 Jan 2012 - 12:00am

Wharf to seek new funds as needed

Wharf (Holdings) may engage in more fund-raising exercises as it rapidly expands its mainland property portfolio, according to chairman Peter Woo Kwong-ching.

'If there are good opportunities and we want to take them, then we will need capital,' said Woo, speaking after the company's annual general meeting.

8 Jun 2011 - 12:00am

Offer for Wheelock Properties approved

Wheelock Properties shareholders voted overwhelmingly in favour of a HK$6.9 billion privatisation offer from its parent Wheelock & Co, controlled by Peter Woo Kwong-ching. In an extraordinary general meeting, 99.92 per cent of independent shareholders approved the HK$13 per share cash bid for the 25 per cent of the company that Wheelock & Co does not own.

25 Jun 2010 - 12:00am

Long-distance call

Long-time residents may remember what was probably Hong Kong's first English-style fish and chips takeaway, the Hasty Tasty. Open in the 1950s and opposite the Waltzing Matilda Inn in Kowloon, it was one of the places in which Mary Woo Sims grew up.

Decades later, Woo Sims recalls how wonderful it was to be able to eat fish and chips whenever she wanted.

16 May 2010 - 12:00am

Patience pays off after a long wait for BLT Steak boss

Better late than never is Dining Concepts' boss Sandeep Sekhri's opinion about last Thursday' long-awaited grand opening party for his latest venture BLT Steak at Harbour City. 'We were going to have the opening last month but Laurent was busy and couldn't come so we decided to wait for him,' he said.

2 Mar 2009 - 12:00am

Lost cause

Outgoing Trade Development Council chairman Peter Woo has said it is too late for Hong Kong to extend expo facilities. What can we do to compete with regional competitors in this field? Write to us.

1 Oct 2007 - 12:00am

Jack So to head TDC and lead expo fight

Former MTR and PCCW chief fronts trade agency

Business heavyweight Jack So Chak-kwong will spearhead Hong Kong's efforts to fight off competition from Macau for convention business as chairman of the Trade Development Council.

His appointment, to a two-year term, was announced yesterday. He takes over from Peter Woo Kwong-ching on October 1.

4 Sep 2007 - 12:00am

Road to top job strewn with surprises

When Tung Chee-hwa shook hands with former president Jiang Zemin in the Great Hall of the People in 1996, the shipping tycoon may have never expected that a year latter he would be governing Hong Kong.

After the stroke of midnight on July 1, 1997, Donald Tsang Yam-kuen, a devout Catholic, probably thanked God for surviving the handover.

21 Aug 2005 - 12:00am