Shun Tak Holdings is the property, transport, hospitality and investment arm of gambling mogul Stanley Ho Hung-sun, who controlled the company until late 2010 when it was restructured. The company’s shipping division, operates ferry services between Hong Kong and Macau.
Who has the greater business acumen, Macau gambling mogul Stanley Ho and his minions, or the Hong Kong government? Ho's track record speaks for itself. Despite losing its monopoly 10 years ago, his casino company, SJM Holdings, has gone from strength to strength, generating three-figure earnings growth year after year.Tuesday, 11 June, 2013, 6:30am 8 comments
Shun Tak has increased its investment on the mainland by acquiring a commercial project in Beijing for 1.29 billion yuan (HK$1.62 billion).
The developer yesterday said it had bought an office and hospitality development project, Modern Green Tower, from Modern Green Development.19 Apr 2013 - 4:05am
I refer to the report (''Metropolis' urged for Lantau', May 7).17 May 2012 - 12:00am
Shunde - better known in Cantonese as Shun Tak - is a substantial city on the West River, about an hour's drive north of Macau. Heavily industrialised, like most of the Pearl River Delta, Shun Tak nevertheless remains distinct.5 Feb 2012 - 12:00am
Which estate in Hong Kong has the tightest security, judging by it being the most inaccessible? No, it's not Donald's residence in Government House. Over many years, I have had many an occasion to go inside to interview various bigwigs - and they even let your company car in.29 May 2010 - 12:00am
Three teenagers from a Tin Shui Wai school have won an award at an international film festival in Australia with a 3D animation.3 Feb 2010 - 12:00am
To many Hong Kong people, Shunde - better-known locally as Shun Tak - epitomises southern China's industrial heartland at its ugliest and most polluted. Situated on the West River, between Macau and Foshan, the city also offers an appealing combination of riverine scenery and social history unknown to the thousands of business visitors who flit in and out as quickly as possible.21 Sep 2008 - 12:00am
The column for anyone fed up with bureaucracy, frustrated with delays or furious with poor service. Tell us your complaint and we'll try to fix it ...
Philip Richards of Sheung Wan wrote to urge Shun Tak-China Travel Ship Management to improve the advance ticket booking service for TurboJET and take efficient measures to curb ticket touts.21 Jan 2008 - 12:00am
Slumping property sales eroded net profit at Stanley Ho Hung-sun's Shun Tak (Holdings) by 24 per cent to $364.39 million last year.25 Apr 2006 - 12:00am
Shun Tak Holdings has reported an 11.8 per cent rise in profit to HK$276.3 million for last year due to increased property sales and improved shipping business. Operating profit from its property business increased 43.7 per cent year on year to HK$482.4 million while shipping jumped 40.4 per cent to HK$165 million. But finance costs also surged from HK$41.7 million to HK$122.7 million.24 Apr 2002 - 12:00am
SHUN Tak has activities in shipping, property investment and development, restaurants and hotel investment and management.
Last year Nikko Research put a sell on the company, arguing that the number of passengers using its ferry service between Hong Kong and Macau was falling, and that earnings growth was unexciting.2 Aug 1998 - 12:00am
WHILE many may fret about what 1997 may bring, some investors in Stanley Ho's Shun Tak group have suddenly found that 2067 is upon them, 73 years too early.
The company is calling on them to exercise their rights on warrants which were originally designed to run all the way into and beyond the middle of the next century.20 Jun 1994 - 12:00am