Sun Hung Kai Properties Ltd

Type: Company
Name: Sun Hung Kai Properties Ltd (Sun Hung Kai Properties Limited)
First reported 3 hours ago - Updated 1 hour ago - 1 reports

Hong Kong stocks close down 0.49 pct

HONG KONG, Sept. 23 (Xinhua) -- Hong Kong stocks closed down 118.42 points, or 0.49 percent to 23,837.07 points on Tuesday.The benchmark Hang Seng Index traded between 23,825.96 and 24, 012.06. Turnover totaled 71.56 billion HK dollars (about 9.23 billion ... [Published Xinhua News Agency - 3 hours ago]
First reported Sep 22 2014 - Updated 2 hours ago - 1 reports

Confidential info was not given out: Hui

Former Chief Secretary, Rafael Hui, has told the High Court that he heldincreasingly frequent meetings with Sun Hung Kai Properties co-chairmanThomas and Raymond Kwok towards the end of his term of office in 2007.But Mr Hui - who's on trial for allegedly ... [Published Radio TV Hong Kong - Sep 22 2014]
First reported 2 hours ago - Updated 2 hours ago - 1 reports

Lee Shau-kee raises stk in Henderson Land (00012), SHKP

23 Sep 2014  18:39      Market News(Infocast News)      Henderson Land Development Co. Ltd. (00012) chairman Lee Shau-kee increased his long position in the company from 67.66% to 67.70% on September 17 by acquiring 1.246 million shares at HK$56.163 per ... [Published Kingston Securities - 2 hours ago]
First reported Sep 22 2014 - Updated 12 hours ago - 1 reports

Hong Kong stocks plunge 1.44 pct

HONG KONG, Sept. 22 (Xinhua) -- Hong Kong stocks closed down 350.67 points, or 1.44 percent to 23,955.49 points on Monday, tracking loss on Mainland markets, which fell more than 1 percent.The benchmark Hang Seng Index traded between 23,949.29 and 24, ... [Published Xinhua News Agency - Sep 22 2014]
First reported 17 hours ago - Updated 17 hours ago - 1 reports

Hui blames excesses for not staying on

Under questioning by his counsel, Edwin Choy Wai-bond, Hui revealed that despite repeatedly telling others he would serve only two years, he was asked by then chief executive Donald Tsang Yam-kuen, as well as his colleagues and officials in the central ... [Published Hong Kong Standard - 17 hours ago]
First reported Sep 22 2014 - Updated 21 hours ago - 1 reports

Hyundai sees value in $10 billion land grab

The Hyundai Motor Group is preparing to pay a record US$10 billion (A$11.19 billion) for the site of its new headquarters in Seoul’s high-end Gangnam district, out-bidding Samsung Electronics and sparking investor concerns that it is wasting cash on a ... [Published Car and SUV - Sep 22 2014]
First reported Sep 21 2014 - Updated Sep 21 2014 - 1 reports

New flat deals hit 19-year high at $51b

Sun Hung Kai Properties (0016) sold out all 116 units of its fourth batch at The Wings IIIA, in Tseung Kwan O, within four hours of launch on Saturday.All batches released since last month at the 960-unit project have been snapped up within a day.Midland ... [Published Hong Kong Standard - Sep 21 2014]
First reported Sep 18 2014 - Updated Sep 19 2014 - 1 reports

Hyundai bids 10 billion for an office building

Hyundai Motor Group will pay a record $10 billion for a 79,342 square metre (854,030 square foot) plot for its new headquarters in Seoul’s high-end Gangnam district, out-bidding Samsung Electronics and sparking investor concerns that it is wasting cash ... [Published Hindustan Times - Sep 18 2014]
First reported Sep 18 2014 - Updated Sep 18 2014 - 1 reports

Investors Worry That Hyundai Is Wasting Money On $10 Billion HQ

Hyundai Motor Group will pay a record $10 billion for the site of its new headquarters in Seoul's high-end Gangnam district, out-bidding Samsung Electronics Co. and sparking investor concerns that it is wasting cash on a trophy property.The conglomerate ... [Published Autospies - Sep 18 2014]
First reported Sep 18 2014 - Updated Sep 18 2014 - 1 reports

Rafael Hui 'promised $15m a year'

Former chief secretary Rafael Hui told his corruption trial that one of the chairmen of Sun Hung Kai Properties, Thomas Kwok, had verbally promised to pay him $15 million a year for his consultancy services.The verbally agreed remuneration exceeded greatly ... [Published Radio TV Hong Kong - Sep 18 2014]
First reported Sep 17 2014 - Updated Sep 17 2014 - 1 reports

Sun Hung Kai Properties : IN BRIEF (Page 7)

Hui denies giving favors to SHKPFormer chief secretary Rafael Hui Si -yan said in his graft trial on Tuesday that he didn't participate in decision making relating to Sun Hung Kai Properties' (SHKP) Ma Wan projects when he headed the New Airport Projects ... [Published 4 Traders - Sep 17 2014]
First reported Sep 16 2014 - Updated Sep 16 2014 - 1 reports

Sun Hung Kai Properties' development margins dropped to 28%

That's for the full-year.There was good news and bad news in Sun Hung Kai Properties' (SHKP) FY14 results, with the good news was that SHKP's rental portfolio performed strongly with y/y growth of 17%.According to a research note from Barclays, however, ... [Published HongKong Business - Sep 16 2014]

Quotes

"But at the end of the day you were quite immovable" Choy said
Asked why he would sign a contract that was HK$10.5 million short, Hui replied: "Thomas Kwok had told me if Sun Hung Kai was unable to pay me that amount, the balance would be taken up by Thomas Kwok himself."
...It noted that rivals such as BMW and Volkswagen have tourist attractions around their headquarters. "In order to achieve production capacity of 10 million cars and bolster brand value that befits a global top-five company, we need a global business center. The bid is the result of comprehensively reviewing its value as a symbol of the group's second growth phase" a Hyundai Motor Group spokesman said...
"Even taking into account competition with Samsung, the bid price is excessive" Kim said, adding that he expected it to cost another $6 billion to develop the property

More Content

All (117) | News (103) | Reports (0) | Blogs (10) | Audio/Video (0) | Fact Sheets (4) | Press Releases (0)
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Hui 'received HK$11m from mainland' [Published Radio TV Hong Kong - 2 hours ago]
Former Hong Kong chief secretary says he accept... [Published Reuters Canada - 2 hours ago]
Lee Shau-kee raises stk in Henderson Land (0001... [Published Kingston Securities - 2 hours ago]
Hong Kong stocks close down 0.49 pct [Published Xinhua News Agency - 3 hours ago]
Rafael Hui says he got HK$11.18 mln from top Be... [Published EJ Insights - 3 hours ago]
Hui blames excesses for not staying on [Published Hong Kong Standard - 17 hours ago]
Confidential info was not given out: Hui [Published Radio TV Hong Kong - Sep 22 2014]
Hong Kong stocks plunge 1.44 pct [Published Xinhua News Agency - Sep 22 2014]
Hyundai sees value in $10 billion land grab [Published Car and SUV - Sep 22 2014]
New flat deals hit 19-year high at $51b [Published Hong Kong Standard - Sep 21 2014]
IN BRIEF (Page: 7, Date: 09/19/2014) [Published CHINAdaily - Sep 19 2014]
Hyundai’s $10bn bid for site alarms investors –... [Published Kuwait Times - Sep 18 2014]
Hui tells court of dilemma after accepting top job [Published Hong Kong Standard - Sep 18 2014]
Hyundai bids 10 billion for an office building [Published Hindustan Times - Sep 18 2014]
Investors Worry That Hyundai Is Wasting Money O... [Published Autospies - Sep 18 2014]
Rafael Hui 'promised $15m a year' [Published Radio TV Hong Kong - Sep 18 2014]
Hyundai Motor's Record $10 Billion Bid For Trop... [Published Clusterstock - Sep 18 2014]
UPDATE 3-Hyundai Motor's record $10 bln bid for... [Published CNBC - Sep 18 2014]
Rafael Hui says Tung wanted him as financial se... [Published EJ Insights - Sep 18 2014]
YATA: No Golden Week promotion, no simplified C... [Published EJ Insights - Sep 18 2014]
Billionaire Hong Kong Builders Raise Cash for L... [Published Washington Post - Sep 18 2014]
Tai Wai interest suggests project back on track [Published Hong Kong Standard - Sep 17 2014]
Hui tells court of wealth of job offers amid Kw... [Published Hong Kong Standard - Sep 17 2014]
Sun Hung Kai Properties : IN BRIEF (Page 7) [Published 4 Traders - Sep 17 2014]
Developers factor in discounts with flats [Published Hong Kong Standard - Sep 16 2014]
Sun Hung Kai Properties' development margins dr... [Published HongKong Business - Sep 16 2014]
DBS raises SHKP (00016) target price to $135.6 [Published CCB International - Sep 16 2014]
More firms show interest in Tai Wai project [Published Hong Kong Standard - Sep 16 2014]
Rafael Hui admits to affair with young woman fr... [Published EJ Insights - Sep 15 2014]
DB raises SHKP (00016) price target to HK$127.4 [Published Kingston Securities - Sep 15 2014]
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Hyundai Motor's Record $10 Billion Bid For Trop... [Published Clusterstock - Sep 18 2014]
By Joyce Lee and Hyunjoo Jin SEOUL (Reuters) - Hyundai Motor Group will pay a record $10 billion for the site of its new headquarters in Seoul's high-end Gangnam district, out-bidding Samsung Electronics Co Ltd <005930.KS> and sparking investor ...
Frontrunning: September 8 [Published Zero Hedge - Sep 08 2014]
Scotland split jitters send sterling to 10-month low ( Reuters ) S&P 500 Beating World Most Since 1969 Doesn’t Spark Flows ( BBG ) Happy ending guaranteed: Vietnam building deterrent against China in disputed seas with submarines ( Reuters ) China Posts ...
The World's Most Expensive Home Is Up For Sale [Published Zero Hedge - Aug 12 2014]
Forget London's Mayfair, ignore New York's Central Park West; the world's most expensive home (on a square-foot basis) is at the exclusive Victoria's Peak neighborhood in Hong Kong. No. 1 Twelve Peaks is a 4,661 square foot home that, if sold for list, ...
Ex-Hong Kong official took secret payments from... [Published The Malaysian Insider - Jun 05 2014]
Prosecutors in Hong Kong's largest corruption trial opened their case today with details of what they described as "concealed and disguised" payments made to a former top civil servant by property tycoons seeking government favour.Thomas and Raymond Kwok, ...
Sun Hung Kai Raises S$320M in Singapore Bond Issue [Published Mingtiandi - May 12 2014]
Sun Hung Kai Properties (SHKP), which has invested heavily in mainland real estate and whose co-chairmen went on trial for corruption last week, successfully priced a S$320 million ($256.26 million) bond on Friday as developers in Greater China gird ...
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