Shikotan pipedream
Article Abstract:
The $1 million lease contract to develop a resort in Shikotan Island won by Carlson and Kaplan Ltd created a stir in Hong Kong, Japan and Russia. Shikotan is one of the Russian-occupied islets that Japan claims to be part of its territory. The deal, which angered Japanese government officials, was reportedly clinched without the knowledge of Russian Pres Boris Yeltsin. Records show Carlson to be a mysterious firm based in Hong Kong whose operations are conducted clandestinely. It was formed in 1974 with an initial capital of HK$10,000 or approximately US$1,300.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
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Man of the moment: Tsui knows the value of connections - and timing
Article Abstract:
Tsui Tsin-tong is a Hongkong-based businessman who now serves as chairman of New China Hongkong Group, an investment fund of rising importance because many of its investors are firms owned by the Chinese government, which will assume control of Hongkong in 1997. Tsui probably owes his selection to the close connections he has cultivated with China's rulers. Tsui's past activities include turning around the CNT Group, formerly called China Paint Manufacturing. He may hope to become Hongkong's first chief executive under Chinese rule.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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