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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 ...
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]
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.
Founded by Li Shau-kee, the company was taken public in 1981 by Sun Hung Kai Securities. The shares were introduced at HK$4 by a novel, geared, method – there was to be an initial downpayment of HK$1 per share upon subscribing to the offer, with cash calls of another HK$1 six months later. The final HK$2 instalment would be due at the year ...
Fung King Hey (1922–1985), was a Hong Kong businessman. He was born in Guangzhou, [citation needed] mainland China. He is the co-founder of Hong Kong–based Sun Hung Kai & Co. and was reputed as "King of securities world" and "Godfather of the stock market".
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Sun Hung Kai may refer to: Sun Hung Kai Enterprises, a defunct private company founded in 1963, the predecessor of all namesake Sun Hung Kai Properties , commonly known as Sun Hung Kai, a listed conglomerate (in real estate, telecommunications, public transport, etc.) based in Hong Kong, ticker symbol SEHK:00016