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
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
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
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
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
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
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
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 (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
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