Topic
Nina Wang, also known as Nina Wang Kung Yu-sum, was the late chairwoman of Chinachem Group and Asia's richest woman. Born in September 1937, she took over Chinachem after her husband Teddy was mysteriously kidnapped in 1990 and built it into a major property developer. Teddy was never found and was declared dead in 1999. Wang died of cancer in 2007 with an estimated net worth of US$4.2 billion. Her will has been the subject of a court battle after her personal feng shui guru, Tony Chan, was accused of forging it in his favour.
- Judge says persons supervising vast estate must be ‘fit and proper’ for task, stressing charitable purposes took precedence and foundation is merely conduit
- But court finds it unnecessary to appoint either Chinese premier or UN secretary general as part of supervisory body for foundation, as requested in Wang’s will
‘I’m already at my lowest point, I have nothing left since I was released from prison,’ Chan tells reporters, saying ruling will have no real effect given his circumstances.
Peter Chan was sentenced to 12 years after being convicted in 2013, but has been released early for good behaviour.
The Hong Kong developer is changing its land-bidding strategy to focus on mass housing and move away from super-luxury trophy projects as it marks 60 years in the business.
The one-time feng shui master is serving 12 years at Stanley Prison after forging a will to get his hands on Wang’s HK$83 billion fortune.
Hong Kong forensics specialist and body language expert Kiki Wong talks about US President Donald Trump, Hong Kong Chief Executive Carrie Lam and working on will-forgery allegations involving late Chinachem boss Nina Wang.
Wang’s younger brother Dr Kung Yan-sum, chairman of the Chinachem Charitable Foundation, says he filed a letter with the Department of Justice on Wednesday, seeking to remove PwC as interim administrator of the estate.
Chan, who has filed a civil lawsuit in mainland China, also says he has completed two distance learning courses from Baptist Theological Seminary since being jailed in 2013 and is now on his third one.
A Tianjin court gave the men up to 13 years for intentional assault, extorting confession by torture and dereliction of duty after Stephen Lau Hei-wing died
Despite unprecedented ransom payment, the Chinachem chairman and husband of Nina Wang was never seen again after his abduction on April 10, 1990. How the South China Morning Post reported the unfolding story
Two directors at a listed company and the former chairman of a second listed company have been banned by the regulator from trading stocks after an "extremely serious breach" of the listing code.
Hong Kong's top court has rejected a final attempt by the Chinachem Charitable Foundation to take greater control of tycoon Nina Wang Kung Yu-sum's HK$83 billion estate, ruling the foundation is instead a trustee and must spend the cash only in accordance with her wishes.
Three executives of listed companies may face disciplinary action for breaching the takeover code more than a decade ago by helping the late Nina Wang Kung Yu-Sum, once Asia’s richest woman.
Prophecies, mystical numbers and holy voices have left jailed feng shui conman Peter Chan Chun-chuen "joyful" after his first two weeks behind bars - and he has already started writing a book, according to one of his visitors.
Jailed former fung shui master Peter Chan Chun-chuen filed an appeal yesterday against his conviction and 12-year jail term for forging and using a fake will said to belong to late tycoon Nina Wang Kung Yu-sum, a source familiar with the situation said.
Jailed former fung shui master Peter Chan Chun-chuen has swapped the high life with Asia's richest woman for prison congee and rice.
Looking scared and red-faced, Peter Chan Chun-chuen was locked up on Thursday after he was found guilty of forging a will purportedly left by late billionaire Nina Wang Kung Yu-sum. After almost 20 hours of deliberation, a Court of First Instance jury of five men and three women found the 53-year-old businessman, previously known as Tony Chan, guilty of forgery and using a false instrument. He will be sentenced today.
The jury that is to decide today whether Peter Chan Chun-chuen is guilty of forging late tycoon Nina Wang Kung Yu-sum's will must put aside any personal feelings, they were told by the judge yesterday.
Alleged will forger Peter Chan Chun-chuen was accused by the prosecution in High Court on Wednesday of playing on the superstition and loneliness of Nina Wang and treating her as a means to become rich.
