SUN HUNG KAI PROPERTIES LIMITED 新鴻基地産發展有限公司
SHKP (0016): the son rises
Company announcement, 19-Dec-2014
As is traditional when an Asian tycoon is convicted, his son replaces him on the board of the listed company.
Rafael Hui admits in corruption trial that he evaded taxes on 'fees'.
South China Morning Post, 20-Sep-2014
SCMP does not mention that under s82 of the Inland Revenue Ordinance, any person who wilfully with intent to evade tax omits from a return any sum which should be included is liable on indictment to up to 3 years in jail and a fine of up to 3x the tax evaded. In Mr Hui's case, the fine would not have much effect because he is already bankrupt - but he appears to have opened himself up to another prosecution.
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)
Kwoks raise the bar
HK Standard, 16-Jul-2012
- Cheng, Huan 清洪
- Choy, Edwin Wai Bond 蔡維邦
- Grossman, Clive S
- Hui, Rafael Si Yan
- Kwok, Raymond Ping Luen 郭炳聯
- Kwok, Thomas Ping Kwong 郭炳江
- Kwok, Walter Ping Sheung 郭炳湘
- Lok, Lawrence Ying Kam 駱應淦
- Tse, Joseph Wah Yuen 謝華淵
- Yu, Selwyn Sing Cheung 余承章
Statement by SHKP
Company media release, 3-Apr-2012
Comment: SHKP complains about "unfounded speculation concerning the investigations". There's a simple solution: publish the allegations and state the company's response to those. Don't keep investors in the dark and then expect them not to speculate.
Larvotto - do you know the boatyard?
We probe the history of the SHKP/Kerry/Paliburg Larvotto, a luxury industrial-cum-residential project overlooking a typhoon shelter but behind boatyards and sawmills, which are noisy enough for the Environmental Protection Department to object to the Town Planning Board's
approval, as minutes reveal. "Non-openable windows" were cited as a mitigating measure. Yours for just HK$25k/psf - can you see the bubble? (3-Mar-2010)
A cooling-off period for new home sales
Hysterical politicians are calling for regulation of new home sales practices after a developer used some creative floor numbering and as the debate over the definition of floor area rumbles on. We suggest a less interventionist approach: a statutory cooling-off period, like the SFC is proposing for investment products. Tell us what you think in our opinion poll. (28-Oct-2009)
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)
- Chan, Augustine Kwok Chuen (fka Chan Kwok Hung) 陳國銓
- Chan, Fut Yan 陳佛恩
- Chau, Rosanna Mei Wah 周美華
- Cheung, Chi Kit (1966) 張志傑
- Cheung, Edwin Hon Kit 張漢傑
- Chow, Louie Ki Shui 周岐瑞
- Chuck, Winston Calptor 卓育賢
- Fung, Patrick Yuk Bun 馮鈺斌
- Fung, Tsun Pong 馮俊榜
- Lai, David Tsan Tung 賴贊東
- Lam, Alvin Leslie Kwing Wai 林烱偉
- Lau, Stephen Sing Hung 劉醒雄
- Lee, Hon Chiu (1961) 李漢潮
- Lee, Kit Wah 李傑華
- Lee, William Tak Lun 李德麟
- Li, David Kwok Po 李國寶
- Lo, William Wing Yan 盧永仁
- Ma, Karl Chi Kong 馬志剛
- Tsang, David Kam Ching 曾錦清
- Tung, Chee Chen 董建成
- Yan, Loucia Ha Hung 忻霞虹
Three lots sold for HK$10.15bn at land auction
HK Government, 27-Sep-2005
Note: KIL11167 and KIL11168 are the site of The Hermitage, total cost HK$5.92bn, a 50:25:25 joint venture between Sino Land, Chinese Estates and Nan Fung Development. The other site, NKIL6350, went to a 100% subsidiary of Sun Hung Kai Properties and became the Aria.
Public may decide canopy fate
HK Standard, 1-Jul-2005
In this article Hui is quoted at length on his relationship with Sun Hung Kai Properties (0016).
Sun Hung Kai Properties voting advice
We give you our voting recommendations for the AGM on 18-Nov-03. We urge investors to vote against the placing mandate, which does not comply with the recommendations of Project Vampire and could cause your ownership stake in the company to be diluted without your consent. VOTE NOW. (4-Nov-2003)
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