https://www.scmp.com/rss/524024/feed Jacob Kam Chak-pui: Known for his extensive career at MTR Corporation, which he joined in 1995, culminating in his appointment as Chief Executive Officer in April 2019. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Connor Mycroft Connor Mycroft Hong Kong’s rail giant has been asked to plan an extension to the South Island line, with construction expected to be completed by 2034, after the city’s key decision-making body gave the green light to proceed with an updated design on Saturday. The Transport and Logistics Bureau said the Executive Council had given the government approval to invite the MTR Corporation to proceed with the line’s western extension project, which was first proposed more than a decade ago. The 7.5km (4.7-mile)... https://www.scmp.com/news/hong-kong/transport/article/3337189/hong-kongs-mtr-corp-gets-green-light-plan-75km-south-island-line-extension?utm_source=rss_feed https://www.scmp.com/news/hong-kong/transport/article/3337189/hong-kongs-mtr-corp-gets-green-light-plan-75km-south-island-line-extension?utm_source=rss_feed Sat, 20 Dec 2025 12:15:38 +0000 Jess Ma,Denise Tsang Jess Ma,Denise Tsang Top corporate leaders, athletes and members of ethnic minority groups are among the 62 people set to take part in the Hong Kong segment of the National Games torch relay, the Post has learned. From tycoon heirs such as Sino Group chairman Daryl Ng Win Kong, Henderson Land Development chairman Martin Lee Ka-shing, Sun Hung Kai Properties executive director Adam Kwok Kai-fai and Chow Tai Fook Jewellery Group vice-chairwoman Sonia Cheng Chi-man to youth representatives, the city’s list of... https://www.scmp.com/news/hong-kong/society/article/3331156/businessmen-athletes-and-ethnic-minorities-unite-hong-kong-national-games-torch-relay?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3331156/businessmen-athletes-and-ethnic-minorities-unite-hong-kong-national-games-torch-relay?utm_source=rss_feed Sat, 01 Nov 2025 04:56:15 +0000 Cannix Yau Cannix Yau The CEO of Hong Kong’s MTR Corporation, Jacob Kam Chak-pui, will take the reins as chairman from January next year, tasked with leading the rail giant with added momentum to boost the city’s development and integration with mainland China. The government, the company’s majority shareholder with a stake of about 75 per cent, announced his promotion on Tuesday, saying Kam, 63, would succeed Rex Auyeung Pak-kuen, 73, for a three-year term until the end of 2028. Secretary for Transport and Logistics... https://www.scmp.com/news/hong-kong/transport/article/3329025/hong-kong-mtr-corp-ceo-jacob-kam-named-next-chairman-rail-giant?utm_source=rss_feed https://www.scmp.com/news/hong-kong/transport/article/3329025/hong-kong-mtr-corp-ceo-jacob-kam-named-next-chairman-rail-giant?utm_source=rss_feed Tue, 14 Oct 2025 15:21:58 +0000 Ng Kang-chung Ng Kang-chung Hong Kong rail giant the MTR Corporation has secured a landmark HK$30 billion (US$3.86 million) seven-year syndicated green term loan with the support of 57 banks worldwide, the company has said. The loan is the largest unsecured international syndicated green term loan in Asia, the Middle East, and North Africa ever closed by a Hong Kong firm with a tenor equal or longer than seven years. “With a total of 57 banks involved, the successful completion of the facility demonstrates the market’s... https://www.scmp.com/news/hong-kong/transport/article/3326588/hong-kongs-mtr-corp-secures-hk30-billion-7-year-syndicated-green-term-loan?utm_source=rss_feed https://www.scmp.com/news/hong-kong/transport/article/3326588/hong-kongs-mtr-corp-secures-hk30-billion-7-year-syndicated-green-term-loan?utm_source=rss_feed Tue, 23 Sep 2025 13:26:20 +0000 Denise Tsang,Wynna Wong Denise Tsang,Wynna Wong Hong Kong rail giant the MTR Corporation has reported a 15.7 per cent drop in recurrent-business profit to HK$3.39 billion in the first six months of this year from the same period in 2024 due to higher operating costs. After taking into consideration property gains and losses from a one-off revaluation of investment properties, the group said on Thursday that its net profit jumped 27.5 per cent to HK$7.7 billion during the first half of 2025. MTR Corp CEO Jacob Kam Chak-pui said that business... https://www.scmp.com/news/hong-kong/transport/article/3321865/recurrent-profits-hong-kongs-mtr-corp-dip-157-first-half-2025?utm_source=rss_feed https://www.scmp.com/news/hong-kong/transport/article/3321865/recurrent-profits-hong-kongs-mtr-corp-dip-157-first-half-2025?utm_source=rss_feed Thu, 14 Aug 2025 09:01:31 +0000 Cannix Yau Cannix Yau Hong Kong leader John Lee Ka-chiu was stern-faced and did not mince his words as he took the MTR Corporation to task for “inadequacies” in the way it responded to emergencies and planned for disruptions. He spelled out what he expected of the city’s rail operator when he spoke on May 27, five days after the third service disruption in four months due to technical failures. He demanded action to prevent incidents, which could affect thousands of the rail system’s 5 million daily riders. But if... https://www.scmp.com/news/hong-kong/transport/article/3317920/how-can-hong-kongs-mtr-corp-get-back-track-amid-funding-manpower-woes?utm_source=rss_feed https://www.scmp.com/news/hong-kong/transport/article/3317920/how-can-hong-kongs-mtr-corp-get-back-track-amid-funding-manpower-woes?utm_source=rss_feed Sat, 12 Jul 2025 02:00:17 +0000 Vivian Au Vivian Au Hong Kong’s railway operator and the government signed an agreement on the design and construction of the major rail link in the Northern Metropolis on Tuesday, fast-tracking its completion by at least two years to 2034. The agreement, which gives momentum to the Northern Metropolis project, involves HK$39.05 billion in financing from land premiums for the construction of three stations along the Northern Link main line, the design of the spur line, tunnels and other railway facilities. It is... https://www.scmp.com/news/hong-kong/transport/article/3317451/major-rail-links-hong-kongs-northern-metropolis-be-completed-2-years-early?utm_source=rss_feed https://www.scmp.com/news/hong-kong/transport/article/3317451/major-rail-links-hong-kongs-northern-metropolis-be-completed-2-years-early?utm_source=rss_feed Tue, 08 Jul 2025 15:39:52 +0000 Denise Tsang Denise Tsang The MTR Corporation has promoted managing director Jeny Yeung Mei-chun to CEO from January next year and tasked her with leading the Hong Kong rail giant through a transformation. The corporation, which is nearly 75 per cent owned by the Hong Kong government, said on Wednesday that Yeung would succeed CEO Jacob Kam Chak-pui on January 1 next year for a three-year term following a global selection process. Kam, 63, was made chief executive officer in April 2019 and had his contract renewed... https://www.scmp.com/news/hong-kong/transport/article/3315809/hong-kongs-mtr-corporation-promote-managing-director-jeny-yeung-ceo?utm_source=rss_feed https://www.scmp.com/news/hong-kong/transport/article/3315809/hong-kongs-mtr-corporation-promote-managing-director-jeny-yeung-ceo?utm_source=rss_feed Wed, 25 Jun 2025 10:38:35 +0000