Chung Hom Kok – Charm

US church suing HKIS sold 3 Hong Kong properties in 2019 to pay debts

Cs news3 months ago02 mins

A US-based church suing Hong Kong International School (HKIS) for allegedly breaching an operating agreement sold three properties in the city for a combined US$22 million in 2019 to pay debts, according to its official media platform. The move prompted Hong Kong’s Lutheran church to suspend its partnership with the Lutheran Church-Missouri Synod (LCMS) that…

Hong Kong’s Law Society swoops down on entire floor of offices at The Center at half price

Cs news4 months ago03 mins

The Law Society of Hong Kong has bought an entire floor of offices in what was formerly the world’s most expensive tower at a 50 per cent discount, the latest among astute investors who are picking up property in the city at bargain prices. The Law Society paid HK$345 million (US$44 million), or HK$14,000 per…