Company Overview and News
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The buyer is a consortium of Hong Kong investors and Chinese buyers led by Beijing-based China Energy Reserve & Chemicals Group, sources said. (5-1)
Oct 4 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday: (25-1)
Mandarin Oriental International has decided to withdraw the disposal of its iconic hotel Excelsior in Causeway Bay, after the bidders failed to submit a proposal that met expectations and transaction requirements.
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
Shares of Mandarin Oriental International surged more than 20 per cent on Friday after the company announced it has received proposals from potential purchasers to acquire its iconic Excelsior Hotel in Causeway Bay.
Hong Kong landlord expects net profit to drop between 8pc and 18pc, with revenue to slump between 60pc and 70pc
July 19 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1340 GMT on Wednesday:
Chinese Estates Holdings, controlled by Hong Kong property tycoon Joseph Lau Luen-hung’s wife Chan Hoi-wan, has accumulated about 5 per cent of China Evergrande Group since April on the open market, it confirmed in a filing on Wednesday, for a total of HK$8.1 billion (US$1.04 billion).
Where and how fortunes were made very much charted how quickly they grew their billions in the two decades since Hong Kong returned to Chinese power in 1997. (0-1)
Last week’s British election, which failed to deliver a single party with a majority mandate, offers up a murky picture of the road ahead, but one which shouldn’t deter those seeking an opportunity to enter the London real estate market, according to one long term advisor who manages £500 million of property investments across the UK.
Chinese Estates, the Hong Kong developer once controlled by Joseph Lau, show itself an agile trader in China Evergrande
Mainland China’s developers appear to be taking a break from their shopping spree for Hong Kong assets, when a government sale of commercial land attracted only two bids from Chinese companies.
HONG KONG: Henderson Land Development, the property company owned by one of Hong Kong's wealthiest families, has bought the world's most expensive commercial land plot in downtown Central, beating out the mainland Chinese developers who had been dominating the city's real estate purchases in the past year.
The recent purchase of no. 3 St James’s Square, by Joint Treasure International for £135 million, is the latest in a series in the Georgian-designed quadrangle by Hong Kong parties
11h - Wilton
2017-12-03 - Wilton
2017-11-27 - Wilton