|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||5.34 - 5.44|
|52 Week Range||4.48 - 6.52|
|Beta (3Y Monthly)||0.93|
|PE Ratio (TTM)||5.73|
|Forward Dividend & Yield||0.30 (5.49%)|
|1y Target Est||5.95|
Lee Shau Kee, the city’s second-richest man, announced his plans to step down as chairman of Henderson Land Development Co. Tuesday. Lee’s retirement comes one year after Victor Li, son of Hong Kong’s richest man Li Ka-shing, took over the chairmanship of CK Hutchison Holdings Ltd. and CK Asset Holdings Ltd. from his father.
While he remains as an executive director at the firm he founded 46 years ago, his sons Peter Lee Ka Kit and Martin Lee Ka Shing will take over as co-chairmen and oversee its mainland and Hong Kong businesses respectively. Li Ka-shing, the city’s richest man, last year put his son Victor in charge of the family businesses, while David Li of the Bank of East Asia last week stepped down after a 38-year tenure as CEO, the longest for a major Hong Kong-listed company.
Hong Kong's Henderson Land Development Company Limited and Hong Kong and China Gas Co Ltd said on Wednesday their Chairman Lee Shau Kee was considering stepping down after the companies' respective annual general meeting in May, citing "being advanced in age". According to separate filings, Lee, aged 91, will also step down as director from Henderson Investment Ltd, but will remain a director in Henderson Land.
March 20 (Reuters) - Henderson Land Development Co Ltd : * FY PROFIT ATTRIBUTABLE HK$31.16 BILLION VERSUS HK$30.81 BILLION * RECOMMENDS PAYMENT OF A FINAL DIVIDEND OF HK$1.30 PER SHARE * FY REVENUE HK$21.98 ...
Moody's Investors Service has affirmed the A2 issuer rating of IFC Development Limited (IFC). Moody's has also affirmed the A2 rating of IFC Development (Corporate Treasury) Limited's senior unsecured bonds, which are guaranteed by IFC. "IFC's A2 issuer rating recognizes its well-established track record in managing a quality mixed-use commercial complex in Hong Kong, which has demonstrated strong recurring cash flow and profitability across the economic cycles," says Stephanie Lau, a Moody's Vice President and Senior Analyst.