Wharves

Poor terms

The new lease for Ocean Terminal was signed this week. Before the old lease was up, the government announced last week that it would extend it for another 21 years and Wharf Holdings would need to pay a land premium of HK$7.9billion.

Saturday, 16 June, 2012, 12:00am

Lawmakers call for details on terminal lease

Lawmakers have criticised a land premium deal with Wharf Holdings and Wheelock for Ocean Terminal in Tsim Sha Tsui for being too low. The deal with the Lands Department came as Wharf's subsidiary, i-Cable Communications, is struggling to get a free-to-air television licence.

7 Jun 2012 - 12:00am

Wheelock wins new lease for Ocean Terminal

Wheelock and Co and subsidiary The Wharf (Holdings) have agreed a land premium of HK$7.9 billion to renew the lease of Ocean Terminal in Tsim Sha Tsui for another 21 years, removing the uncertainty hanging over the property.

There had been doubts about whether the government would renew the lease on the property, an important revenue source for the two companies.

6 Jun 2012 - 12:00am

Riverside homes exude style

Already seen as one of the most prestigious developments in London's Docklands district, Marine Wharf combines all the elements that international investors generally look for. A short distance from the River Thames, in quiet surroundings and with top-class amenities and fast transport links, apartments in Phase 2 are now available to interested buyers in Hong Kong for an exclusive period.

18 May 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

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

Appointments

Sara Yang Bosco

President, Asia-Pacific

Emerson

Ms Bosco is responsible for corporate activities in the firm's second biggest market outside the US, Asia-Pacific. She drives strategic development to further strengthen the firm's market-leading position in the region.

Justin Wilson

Partner

Norton Rose

28 Jun 2008 - 12:00am

English language to blame for Ocean Terminal slip-up

'Thirty per cent of all development sites should be covered with greenery to help reduce the city's soaring temperatures, according to a consultancy study commissioned by the Buildings Department.'

SCMP, July 23

That was how our story began ...

24 Jul 2007 - 12:00am

Ocean Terminal lease case pulled

A judicial review into an apparent government decision not to grant a new lease for Ocean Terminal has been abandoned a day after it was revealed that the disputed decision had never, in fact, been made.

21 Jul 2007 - 12:00am

Legislators criticise ferry firm for flying its flag

Flagpoles at Tsim Sha Tsui's Star Ferry terminal should be flying the national or Hong Kong flag instead of those of the Wharf group, which owns and manages the Star Ferry and nearby Ocean Terminal, several lawmakers say.

15 Jul 2007 - 12:00am

Investor attacks developer over Peak 'lies'

A property investor who claims a listed developer lied to entice him to buy two flats at The Peak worth $84.3 million took his complaint to the Consumer Council, government and legislature yesterday.

25 Apr 2006 - 12:00am

Wharf turns to corporate clients

Fixed-line operator Wharf T&T said yesterday it would shift its focus to business customers and aimed to complete its self-built network coverage to about 1,800 commercial buildings by the middle of 2008.

3 Sep 2005 - 12:00am

Company not against second terminal

I refer to Kevin Sinclair's column headlined 'While we chatter, tourist dollars go sailing by' (South China Morning Post, July 17).

Mr Sinclair's article suggested that chairman of the Wharf Group Peter Woo, opposes the new cruise terminal plan. The Wharf Group owns Ocean Terminal.

20 Jul 2002 - 12:00am

3,000 units to be sold

Wheelock & Co and its subsidiary Wharf (Holdings) plan to sell about 3,000 residential units worth more than HK$10 billion next year. Wheelock will launch 86 units at Nelson Court, Mountain Court and Chelsea Court. Tomorrow Wharf launches three units at The Primrose.

15 Dec 2000 - 12:00am

Developer may appeal land-use policy change

Wharf Holdings is struggling to rescue its serviced-apartment project in Kwai Chung, after the Government's recent decision to delete this category from the land-use list.

The new policy deprives developers of the right to build serviced apartments, and Wharf's proposed project in Kwai Chung has been thrown into doubt as a result.

20 Jul 2000 - 12:00am

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