CK Hutchison Holdings Limited 長江和記實業有限公司

A.S. Watson: not its 175th anniversary
How do you get the Government to endorse your 175th anniversary of founding? Start by revising your company history. Webb-site reveals the inconvenient truth. (15-Dec-2015)
Power Assets (0006) independent shareholders veto loans to parent
Company announcement, 14-May-2015
They called it the purchase of "connected debt securities" but it amounts to lending money to the parent, which is never a good idea. It was close though, no doubt after a lot of lobbying.
Webb on "Newswrap" re CKH-HWL restructuring
RTHK, 9-Jan-2015
CKH-HWL mega-shakeupCompany registration
Company announcement, 9-Jan-2015
So now we know why CK Hutchison Holdings Ltd (Cayman) was registered in HK on New Year's Eve. We saw it, but didn't know what it was for.
Alibaba's spotlight on HK regulation
10 years after the Expert Group report, Alibaba's requests spotlight the unresolved conflict of interests of HKEx between profit and regulation, creating an opportunity for Government to put this back on the agenda. They should now follow through, strip HKEx of its regulatory role, create a Listings and Takeovers Authority under the SFC, and remove the special provisions of HKEx's own constitution which make it a Government-controlled company. (18-Sep-2013)
Cheung Kong (0001) agrees to unwind sale of Apex Horizon hotel unitsCKH announcement
SFC, 13-May-2013
Interestingly it says "the letter will require purchasers to sign a cancellation agreement and return it within 10 days". And what if the purchaser doesn't want to? Does CKH have any legal power to "require" cancellation?
Incorporated owners of One Beacon Hill v Match Power Investment Ltd
HK Court of First Instance, 25-Aug-2011
The defendant is the developer, owned by Cheung Kong (Holdings) Ltd. The IO is suing for HK$27m rectification costs for alleged defective work. The judge rejects the developer's attempt to strike out the action, which now proceeds to trial.
SFC's neighbours will celebrate
The SFC, to the relief of fellow tenants, is reportedly set to move out of Chater House in June 2013. We ask why the police and their masters have been so reluctant to enforce the Noise Control Ordinance against protestors, and what tenants and passers by at their reported new home can look forward to. The landlord, controlled by HK's biggest tycoon, has 7 listed companies and 2 REITs in the group, all ultimately regulated by the SFC, so there is a risk of future perceived conflicts of interest which it would have been better to avoid. (22-Aug-2011)
Urban Renewal Authority v Cheung Kong (0001)
HK Court of First Instance, 13-Jul-2011
Various buyers of One Beacon Hill v subsidiary of Cheung Kong (0001)
HK Court of Final Appeal, 16-Jun-2011
Cheung Kong is refused leave to appeal by the CFA. Game over.
More buyers of One Beacon Hill v subsidiary of Cheung Kong (0001)
HK District Court, 15-Jun-2011
Cheung Kong sub hires overseas QC to continue case involving Beacon Hill buyers
HK Court of First Instance, 18-May-2011
Various buyers of One Beacon Hill v subsidiary of Cheung Kong (0001)
HK Court of Appeal, 21-Dec-2010
Various buyers of One Beacon Hill v subsidiary of Cheung Kong (0001)
HK Court of Appeal, 12-Nov-2010
Paragraphs 31-33 provide a damning criticism of the developer's behaviour in trying to trick purchasers out of their rights to claim for late completion of the property.
Towerich Ltd v Commissioner of Rating & Valuation
HK Court of Appeal, 12-Feb-2010
Oops - the 51% subsidiary of Cheung Kong (Holdings) Ltd forgot to file its objection to the ratings valuation of its Horizon Suite Hotel.
Various buyers of One Beacon Hill v subsidiary of Cheung Kong (0001)
HK Court of First Instance, 24-Dec-2009
Urban Renewal Authority v Cheung Kong (Holdings) Ltd
HK Court of First Instance, 19-Mar-2009
Urban Renewal Authority v Cheung Kong (Holdings) Ltd
HK Court of First Instance, 19-Feb-2009
The paid advert opposing the blackout rule
With links to the signatories in Webb-site Who's Who. (29-Dec-2008)
Various buyers of One Beacon Hill v subsidiary of Cheung Kong (0001)
HK Court of First Instance, 16-May-2007
Breach of Listing Rules: late disclosure of large exposure to 4 customers under Practice Note 19
Company announcement, 6-Oct-2006
Note: Webb-site.com estimates that the 4 unnamed customers were groups of which the following are the parents: (1) Cheung Kong (Holdings) Ltd and Hutchison Whampoa Ltd; (2) PCCW Ltd; (3) New World Development Co Ltd; and (4) Kerry Properties Ltd.
AGM results
Company web site, 22-May-2003
Cheung Kong Voting Advice
The 17th AGM in Project Poll is on 22-May-03. We urge shareowners to protect their investment by voting against the general mandate. (9-May-2003)
Regulator fines Cheung Kong director for disclosure offences
South China Morning Post, 18-Sep-2002
Actually it was the magistrate that did the fining.
SFC Prosecutes Ms Katherine Hung Siu Lin under the Securities (Disclosure of Interests) Ordinance
SFC, 17-Sep-2002
Out of Sight
Have you ever wondered why Cheung Kong (Holdings) owns 49.9% of Hutchison Whampoa and not a fraction more? Back in Feb-97, CKH stated its intention to increase its holding beyond 50% as soon as possible. Webb-site.com looks at the structuring regularly used by the pair, which puts their development projects off-balance sheet and outside the scope of certain rules on connected transactions. Out of sight, and out of mind - it is high time the Stock Exchange closed the loophole. (29-May-2001)
Cheung Kong's Drilling for Oil Street
With the controversy over the award of the Cyber-port project still echoing, the Government has backed away from plans to award a cruise terminal project to Cheung Kong. But the company is still pressing the Government for the same piece of land and claiming that it is for the benefit of struggling artists. Pass the hat round while we explain the real strategy behind the Oil Street project. (12-Jan-2000)
CKH, Li Ka-shing, Chow Chin-wo, George Zang Chon-sheng, Albert Chow Nin-mow and George Colin Magnus found culpable of Insider Dealing - Vol 1Vol 2
IDT, 27-Mar-1986
Insider Dealing Tribunal Report regarding trading prior to announcement of HSBC's sale of 22% of HWL to CKH
IDT, 1-Mar-1982

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