The owners’ committee of the fire-hit Wang Fuk Court housing estate in Hong Kong has rejected accusations of poor transparency and accountability as a “baseless smear campaign”, issuing a lengthy report ahead of a legal process to dissolve the group. In a 183-page report issued on Monday to fellow owners of Wang Fuk Court in…
The body of the Filipino domestic helper who died in Hong Kong’s deadly blaze last month has been repatriated to her home country, with a senior Philippine official hailing her as a heroine. Separately, Hong Kong’s Secretary for Home and Youth Affairs Alice Mak Mei-kuen pledged on Sunday to provide long-term support in stages for…
Laughter and the scent of chocolate filled the air at Hong Kong’s Nina Hotel Island South on Saturday, as 11 children came together to craft edible Christmas trees. The festive workshop, held on December 13, brought Nina Hospitality, the hospitality arm of Chinachem Group, face to face with the beneficiaries it supported – a hallmark…
The trust of late billionaire Nina Wang Kung Yu-sum has donated HK$100 million (US$12.8 million) to victims of the deadly Tai Po blaze, surpassing tycoon Li Ka-shing to become the second-largest single donor after the Hong Kong Jockey Club. Nina Wang Charity Management announced on Thursday that it would donate HK$100 million to support the…
Hong Kong-based Chow Tai Fook Enterprises (CTFE), the private investment holding company of the Cheng family and the parent firm of debt-ridden New World Development (NWD), has no plans to sell its prized Rosewood brand, according to sources familiar with the matter. “Rosewood has delivered exceptional results in recent years and is one of the…
Mandarin Oriental International said on Tuesday it was in discussions regarding the potential sale of a portion of its prime mixed-use building, One Causeway Bay, in one of Hong Kong’s top retail and business hubs. The company, which operated 43 assets worldwide as of June, said negotiations were ongoing but “there can be no certainty…
Mandarin Oriental International said on Tuesday it was in discussions regarding the potential sale of a portion of its prime mixed-use building, One Causeway Bay, in one of Hong Kong’s top retail and business hubs. The company, which operated 43 assets worldwide as of June, said negotiations were ongoing but “there can be no certainty…
A Hong Kong court has temporarily blocked convicted forger Peter Chan Chun-chuen from being discharged from a bankruptcy order imposed on him after he was found to have faked the will of late tycoon Nina Wang Kung Yu-sum and failed to pay HK$28.4 million (US$3.6 million) in legal fees to her charitable foundation. Chan, a…
Hong Kong’s cash-strapped Urban Renewal Authority (URA) may review its policy to reduce compensation to residents affected by redevelopments, its new chief has said, as the organisation faces financial challenges. URA managing director Donald Choi Wun-hing said on Friday in his first meeting with the media that it was an appropriate time to review the…
Hong Kong’s cash-strapped Urban Renewal Authority (URA) will issue another round of bonds this year and has reached out to investors in the Middle East and Europe, the body’s outgoing chief has revealed. Authority managing director Wai Chi-sing also said that two sites the government gave to the URA this month had strengthened its bargaining…