Yeung, Kwok Sang
Conduit controversy
After watching politicians and the Government thrashing around trying to understand the aborted transactions in a small private building in Conduit Road, it is time for Webb-site to intervene and seek truth from facts. We also call for free online access to the Land Registry to increase transparency. (12-Jul-2010)
After watching politicians and the Government thrashing around trying to understand the aborted transactions in a small private building in Conduit Road, it is time for Webb-site to intervene and seek truth from facts. We also call for free online access to the Land Registry to increase transparency. (12-Jul-2010)
Compulsory sale of Villa Splendor, 9-12 Chun Fai Terrace
HK Lands Tribunal, 26-Feb-2007
Reveals that a company called Luck Dragon Development Ltd has a set of approved building plans with plot ratio 9, higher than the Outline Zoning Plan limit of 5 subsequently imposed. The auction reserve price was based on 5, and sure enough, there was only 1 bid and the developer subsequently built at 9x plot ratio.
HK Lands Tribunal, 26-Feb-2007
Reveals that a company called Luck Dragon Development Ltd has a set of approved building plans with plot ratio 9, higher than the Outline Zoning Plan limit of 5 subsequently imposed. The auction reserve price was based on 5, and sure enough, there was only 1 bid and the developer subsequently built at 9x plot ratio.
Yeung Sai Hong & Yeung Kwok Sang sell 70% of China Step Ltd to NWD for HK$614m
Company announcement, 30-Sep-2005
China Step assembled the units of Villa Splendor, 9-12 Chun Fai Terrace, for redevelopment. 9 of the 12 floors were acquired by China Step in Jan-Apr 2005 for $146.5m, 2 of the others are under contract for purchase. With 11/12, a compulsory sale auction was triggered and NWD was the only bidder, for $508.9m.
Company announcement, 30-Sep-2005
China Step assembled the units of Villa Splendor, 9-12 Chun Fai Terrace, for redevelopment. 9 of the 12 floors were acquired by China Step in Jan-Apr 2005 for $146.5m, 2 of the others are under contract for purchase. With 11/12, a compulsory sale auction was triggered and NWD was the only bidder, for $508.9m.
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