Webb-site Reports
News, analysis and opinions since 1998


Search organisations
Search people
Search the site
Get our free newsletter!
Please sign the petition for democracy in Hong Kong

WHEELOCK AND COMPANY LIMITED 會德豐有限公司




Woo/Wheelock's dealings
Using a tool on Webb-site, we find that Wheelock group (0020) or its controlling family have built a holding over 2% of Sun Hung Kai Properties Ltd (0016) worth HK$6bn, as well as a $1bn position in fashion chain Prada (1913) and trading positions in Cheung Kong (0001) and its associate Hutchison Whampoa (0013). (8-Nov-2012)
Tycoonlets appointed to Lingnan University Council
HK Gazette, 19-Oct-2012
Nikki Ng Mien Hua and Douglas Woo Chun Kuen are appointed by the Chief Executive of HK, C Y Leung. Nikki is a daughter of Robert Ng Chee Siong, Chairman of Sino Land, and Douglas is the son of Peter Woo Kwong Ching, Chairman of Wheelock. Both companies are property developers.
The paid advert opposing the blackout rule
Click on "Orgs" or "People" below to get a list of signatories, scroll down, then click on their names to go to the signatory you are interested in. (29-Dec-2008)

AGM results
Company web site, 21-Aug-2003
Wheelock voting advice
The next HSI member to hold its AGM is Wheelock. We urge investors to vote against the placing mandate, which does not comply with the recommendations of Project Vampire. Time is short, so VOTE NOW. (10-Aug-2003)
Lane Crawford Deal Proceeds
Minority shareholders have approved the privatisation of Lane Crawford by Wheelock. Shareholders represented by Webb-site.com abstained. We reveal the background to our thinking as the deal progressed. (12-Jul-1999)
Lane Crawford Document Released
The Scheme Document for the privatisation of Lane Crawford contains details of the investment portfolio and properties, as well as a comparison to Dickson Concepts which we find misleading. Read our summary. (17-Jun-1999)
Increased Offer for Lane Crawford
Following pressure from Webb-site.com on behalf of minority shareholders, Wheelock has increased its offer to privatise Lane Crawford by 5.9%. The increased offer of $12.50 per A-Share is equivalent to the value of the company's property and investment portfolio, and fails to attribute any value to the retail business. We give our reaction. (14-Jun-1999)
Investors Respond to Lane Crawford Results
We give our initial views on the final results of Lane Crawford, in the context of the proposed privatisation which the investors represented by Webb-site.com continue to oppose on the current terms. The results contain no surprises, but from the fresh figures we find that Wheelock is offering only $11.80 per A-Share for readily saleable assets worth $12.53 per A-Share and gets the retail business and brand for free. The sums just don't add up. (9-Jun-1999)
Sale of the Century at Lane Crawford
Wheelock is proposing to privatise HK-listed Lane Crawford by buying the 25% public shareholding at a substantial discount to its underlying value. We explain that by stripping out the property and blue-chip equity portfolio, Wheelock would essentially be getting the retail business for free. We intend to vote against the proposal unless the offer is raised. As we represent over 10% of the publicly-held B-Shares, the Scheme will not proceed without our support. (8-Jun-1999)

Sign up for our free newsletter

Recommend Webb-site.com to a friend

Important notice: All material on this site, except where otherwise accredited, is copyright to Webb-site.com. Media and researchers are welcome to quote from articles on this site, provided that such quotation is attributed to Webb-site.com. The information in this site should not be relied upon by any person in making any investment decision. No responsibility or liability is accepted by Webb-site.com or any person related to it for any loss arising from or in reliance upon the whole or any part of the contents of this site. Persons who are in any doubt about an investment or potential investment should take professional investment advice. From time to time parties associated with Webb-site.com may own long or short positions in securities issued by or related to companies or governments on which we comment.

Back to top