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Sun Hung Kai & Co. was established in 1969 by Fung King Hey, Kwok Tak Seng and Lee Shau Kee.It was listed on the Hong Kong stock exchange in 1983. In 1996, the company was acquired from the Fung family [2] by Allied Properties (HK) Limited, a subsidiary of Allied Group Limited, an investment holding company which manages property investment and provides financial services. [3]
The predecessor of the group, Sun Hung Kai Enterprises Co., Ltd. (Chinese: 新鴻基企業有限公司), was founded in 1963 by Kwok Tak-seng, together with Fung King-hey and Lee Shau Kee. [ 2 ] [ 4 ] [ 5 ] The current legal entity of the holding company of the group, Sun Hung Kai Properties Limited, was incorporated on 14 July 1972 and was ...
ION Orchard (pronounced as I-On), formerly known as the Orchard Turn Development or Orchard Turn Site, is a shopping mall in Singapore, next to Orchard MRT station. It is the retail component of an integrated retail and residential development by Orchard Turn Developments Pte Ltd, a joint venture between CapitaLand and Sun Hung Kai Properties ...
Raymond Kwok Ping-luen JP (Chinese: 郭炳聯, born 1952) is the chairman and managing director of Sun Hung Kai Properties, the largest property developer in Hong Kong. He is the chairman of SUNeVision Holdings Ltd. and SmarTone Telecommunications Holdings Limited.
Kwok partnered with Fung King-hey and Lee Shau-kee to establish Sun Hung Kai Enterprises, a predecessor of Sun Hung Kai Properties in 1963. [3] [4] [5] Sun Hung Kai Properties was publicly listed in Hong Kong in 1972 and soon became one of the top companies listed on the Stock Exchange of Hong Kong by market capitalisation.
He also was Singapore's Non-Resident Ambassador to Poland, among other public service positions. [7] Kwee Liong Tek is the chairman of the Group. [8] Kwee Liong Seen and Kwee Liong Phing are both directors on the board. Both Kwee Liong Tek and Kwee Liong Seen went to college in California and are alumni of Berkeley's Haas School of Business. [9]
She controls the conglomerate Sun Hung Kai Properties, the largest property developer in Hong Kong as of 2019. [4] As of 2008, Kwong effectively controls about 41.53% of SHK Properties' shares through a family trust, so she was deemed as the largest shareholder of the company, with a net worth of 12.1 billion dollars as of July 2020. [5] [6]
In 1958, he founded Eternal Enterprise Company in partnership with Kwok Tak-seng and Lee Shau-kee to develop property business in Hong Kong. In 1963, the three businessmen further established Sun Hung Kai Group of Companies, which later developed into Sun Hung Kai Properties. In 1965, Chinese banks in Hong Kong witnessed storm of bank run, and ...