SUN HUNG KAI PROPERTIES LIMITED 新鴻基地産發展有限公司
HK's richest family urges Govt to help its hotels
Bloomberg, 16-Dec-2019
"We really need it" says Adam Kwok, son of convicted felon Thomas Kwok. What we really need is for tycoons like him to give up corporate voting for seats in the Functional Constituencies and Election Committee - including hotels, real estate and transport, all of which have corporate voters controlled by his family. 1 worker, 1 vote. This simple step would democratise HK.
Bloomberg, 16-Dec-2019
"We really need it" says Adam Kwok, son of convicted felon Thomas Kwok. What we really need is for tycoons like him to give up corporate voting for seats in the Functional Constituencies and Election Committee - including hotels, real estate and transport, all of which have corporate voters controlled by his family. 1 worker, 1 vote. This simple step would democratise HK.
Operating company of Ritz-Carlton Hong Kong convicted for discharging substandard wastewater
HK Government, 14-Feb-2019
We note that the operator is a 100% subsidiary of Sun Hung Kai Properties Ltd (0016).
HK Government, 14-Feb-2019
We note that the operator is a 100% subsidiary of Sun Hung Kai Properties Ltd (0016).
HK School of Motoring fined HK$8k for polluting Shing Mun River
HK Government, 6-Feb-2018
Well that will teach them! The maximum fine is $200k, so this fine is only 4% of that. The HKSM group had revenue of HK$348.54m in 2016, so the fine is about 12 minutes' revenue. HKSM is 70% owned by Cross-Harbour (0032) and 30% by Sun Hung Kai Properties (0016).
HK Government, 6-Feb-2018
Well that will teach them! The maximum fine is $200k, so this fine is only 4% of that. The HKSM group had revenue of HK$348.54m in 2016, so the fine is about 12 minutes' revenue. HKSM is 70% owned by Cross-Harbour (0032) and 30% by Sun Hung Kai Properties (0016).
HKSAR v Rafael Hui, Thomas Kwok, Thomas Chan & Francis Kwan
HK Court of Final Appeal, 14-Jun-2017
The 4 lose their final appeal. Thomas Kwok returns from bail to jail.
HK Court of Final Appeal, 14-Jun-2017
The 4 lose their final appeal. Thomas Kwok returns from bail to jail.
HKSAR v Rafael Hui, Thomas Kwok, Thomas Chan & Francis Kwan
HK Court of Final Appeal, 12-Jul-2016
Leave to make a final appeal is granted on one question of law, and Thomas Kwok is granted bail. The others remain in jail due to their conviction on other charges.
HK Court of Final Appeal, 12-Jul-2016
Leave to make a final appeal is granted on one question of law, and Thomas Kwok is granted bail. The others remain in jail due to their conviction on other charges.
HKSAR v Rafael Hui, Thomas Kwok, Thomas Chan & Francis Kwan
HK Court of Appeal, 16-Feb-2016
The appeal is dismissed. Case number is CACC 444/2014 - not a particularly lucky number in Cantonese!
HK Court of Appeal, 16-Feb-2016
The appeal is dismissed. Case number is CACC 444/2014 - not a particularly lucky number in Cantonese!
HKSAR v Thomas Kwok Ping Kwong
HK Court of Appeal, 11-Sep-2015
Thomas Kwok is granted leave to appeal.
HK Court of Appeal, 11-Sep-2015
Thomas Kwok is granted leave to appeal.
HKSAR v Rafael Hui Si Yan & others
HK Court of Appeal, 5-Aug-2015
Justice Michael Lunn sets out the timetable for the size and filing of written submissions in the appeals.
HK Court of Appeal, 5-Aug-2015
Justice Michael Lunn sets out the timetable for the size and filing of written submissions in the appeals.
HKSAR v Thomas Kwok Ping Kwong
HK Court of Appeal, 23-Mar-2015
"I am not persuaded that the grounds of appeal as advanced have any real chance of success" - Justice Wally Yeung Chun Kuen. So Thomas Kwok stays in jail pending appeal.
HK Court of Appeal, 23-Mar-2015
"I am not persuaded that the grounds of appeal as advanced have any real chance of success" - Justice Wally Yeung Chun Kuen. So Thomas Kwok stays in jail pending appeal.
HKSAR v Rafael Hui, Thomas Kwok, Thomas Chan & Francis Kwan: reasons for sentence
HK Court of First Instance, 23-Dec-2014
HK Court of First Instance, 23-Dec-2014
Ex-Chief Secretary and 3 others guilty of bribery and misconduct
ICAC, 19-Dec-2014
Now, what about C Y Leung failing to declare or disclose to the Executive Council his GBP4m (HK$50m) payments from UGL?
ICAC, 19-Dec-2014
Now, what about C Y Leung failing to declare or disclose to the Executive Council his GBP4m (HK$50m) payments from UGL?
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.
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'
| IRO s82
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.
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.
Larry Yung's secretary gets suspended 4-week sentence & HK$20k fine
ICAC, 13-May-2013
Unlike its 16-Apr announcement (where we added his name), this time the ICAC names her boss.
ICAC, 13-May-2013
Unlike its 16-Apr announcement (where we added his name), this time the ICAC names her boss.
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)
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)
ICAC and DoJ to LegCo: please can we have some money to prosecute Rafael Hui & the Kwoks?
HK Legislative Council, 7-Nov-2012
So what happens if LegCo says no? Would this amount to perverting the course of justice?
HK Legislative Council, 7-Nov-2012
So what happens if LegCo says no? Would this amount to perverting the course of justice?
Former Chief Secretary and four others face ICAC charges of bribery and misconduct
ICAC, 13-Jul-2012
ICAC, 13-Jul-2012
LCQ: why is SHKP (0016) representing shipyards on Short-Term Tenancies in Ap Lei Chau?
| Larvotto - do you know the boatyard?
HK Government, 20-Jun-2012
A curious situation indeed - why is SHKP reportedly paying compensation to the shipyard operators to get them to leave? Could this be related to the fact that SHKP owns 35% of Cheerjoy Development Ltd, which developed the Larvotto residential development behind the shipyards, covered in our article of 3-Mar-2010?
HK Government, 20-Jun-2012
A curious situation indeed - why is SHKP reportedly paying compensation to the shipyard operators to get them to leave? Could this be related to the fact that SHKP owns 35% of Cheerjoy Development Ltd, which developed the Larvotto residential development behind the shipyards, covered in our article of 3-Mar-2010?
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.
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.
SHKP (0016): Raymond Kwok Ping-luen & Thomas Kwok Ping-kwong arrested by ICAC; offices searched
Company announcement, 29-Mar-2012
Company announcement, 29-Mar-2012
ICAC statement: 2 senior executives of you-know-who arrested for suspected corruption
ICAC, 29-Mar-2012
ICAC, 29-Mar-2012
Rafael Hui Si Yan quits AIA "to attend to other commitments"
Company announcement, 29-Mar-2012
...such as having been arrested by the ICAC.
Company announcement, 29-Mar-2012
...such as having been arrested by the ICAC.
SHKP (0016): ED Thomas Chan Kui-yuen arrested by ICAC
Company announcement, 19-Mar-2012
Comment: This announcement is vague. If SHKP knows anything else about the Allegation, then it should tell investors.
Company announcement, 19-Mar-2012
Comment: This announcement is vague. If SHKP knows anything else about the Allegation, then it should tell investors.
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)
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)
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
With links to the signatories in Webb-site Who's Who. (29-Dec-2008)
With links to the signatories in Webb-site Who's Who. (29-Dec-2008)
Mum takes over as Chairman at SHKP; Walter Kwok ceases to be Ch & CEO
Company announcement, 27-May-2008
Company announcement, 27-May-2008
Walter Kwok, Chairman & CEO of SHKP, takes temporary leave of absence for personal reasons
Company announcement, 18-Feb-2008
Company announcement, 18-Feb-2008
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.
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).
HK Standard, 1-Jul-2005
In this article Hui is quoted at length on his relationship with Sun Hung Kai Properties (0016).
Troubleshooter takes some flak
South China Morning Post, 1-Jul-2005
"He was unaware that regulations on accommodation changed several years ago with the introduction of the ministerial system of government and he would have to pay his own expenses if he did not take up the official residence that comes with the job..."I only found out after I agreed to take the post, so now I have to pay the rent myself," Mr Hui said."
South China Morning Post, 1-Jul-2005
"He was unaware that regulations on accommodation changed several years ago with the introduction of the ministerial system of government and he would have to pay his own expenses if he did not take up the official residence that comes with the job..."I only found out after I agreed to take the post, so now I have to pay the rent myself," Mr Hui said."
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)
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)
SHKP-sponsored team wins West Kowloon Reclamation Concept Plan Competition
Company media release, 28-Feb-2002
Company media release, 28-Feb-2002
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