Luxury sites land attention as Hong Kong sells four plots
Article Abstract:
Four prime development sites attracted much of the attention at the Aug 1999 Hong Kong government land auction. Most of the bids for the four choice plots came from small real estate developers eager to invest in safe luxury properties that are targeted at Hong Kong's wealthy set. The winning bidders were Hanvon Development Ltd for the plot on the Peak, USI Holdings Ltd and K Wah International Holdings for the plots at Castle Peak, and Glory Treasure Properties Ltd for the plot on Cheung Chau island.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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CSFB buys 23% of Bangkok rail project, sparking battle
Article Abstract:
Credit Suisse First Boston (Hong Kong) Ltd. bought almost 25% of the stock of Bangkok Mass Transit System (BTSC) at an auction which was held even after BTSC principal shareholder Keeree Kanjanapas tried to block the event. Credit Suisse is thought to be planning to take over more of the company, but by law the transit system must be at least 50% owned by Thai shareholders at the time it beings operations.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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Big developers skip auction
Article Abstract:
Hong Kong's land sale deals have proved disappointing as larger property developers have shown little interest. High opening bids and a large supply of future available land are cited as factors.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2000
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