Sun Hung Kai & Co.

Sun Hung Kai & Co. Limited
新鴻基有限公司
Listed company
Industry Financial Services
Founded 1969
Founder Mr. Fung King Hey
Mr. Kwok Tak Seng
Mr. Lee Shau Kee
Headquarters Hong Kong, People's Republic of China
Area served
 Hong Kong
Key people
 Chairman: Mr. Lee Seng Huang
Parent Allied Properties (H.K.) Limited
Website Sun Hung Kai & Co. Limited

Sun Hung Kai & Co. Limited (SEHK: 86) is a financial services firm with a focus on Greater China, specialising in Structured Finance and Consumer Finance.[1] The company has more than 200 branches and offices across Hong Kong and Mainland China. It holds a significant strategic investment in Sun Hun Kai Financial Limited in Hong Kong. The company is controlled by Lee Seng Huang. It had about HK$14.9 billion in shareholders’ equity as of 31 December 2014. Sun Hung Kai & Co. and Sun Hung Kai Properties carry the common name “Sun Hung Kai”, which reflects a shared heritage. Yet they are two different entities with totally separate shareholders and management.

History

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] In 2006, Sun Hung Kai & Co. Limited entered the consumer finance business by acquiring UAF Holdings Limited.[4]

References

  1. ↑ http://www.bloomberg.com/quote/86:HK
  2. ↑ History of Sun Hung Kai & Co. Limited. Shkco.com (1 December 2011).
  3. ↑ Allied Group Limited. alliedgroup.com.hk.
  4. ↑ http://www.scmp.com/article/552922/sun-hung-kai-4b-buyout-ua-finance
This article is issued from Wikipedia - version of the 6/30/2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.