MACAU DAILY TIMES 澳門每日時報

Top Menu

  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia

Main Menu

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia
logo
FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,

MACAU DAILY TIMES 澳門每日時報

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Population growth masks continued decline in births

  • Community spending scheme injects MOP543 million into market in first three weeks

  • Visitors spent 16% more in first nine months of 2026

  • IAM records 27% drop in public hygiene violations

  • Only 28% of residents would report food safety problems, survey finds

  • A place for older generations in the age of AI

Business
Home›Business›Hutchison may sell control of Harbour Ring to Oceanwide

Hutchison may sell control of Harbour Ring to Oceanwide

By -
Wednesday, August 13, 2014
152
0

123Billionaire Li Ka-shing’s Hutchison Whampoa Ltd. may sell control of property developer Hutchison Harbour Ring Ltd. to a unit of developer Oceanwide Holdings Co. for as much as HK$3.83 billion (USD494 million).
Hutchison units Promising Land International Inc. and Uptalent Investments Ltd. are in talks to sell their 71.4 percent stake in Harbour Ring, according to a Hong Kong stock exchange filing Monday. The deal may trigger a buyout offer for all of Harbour Ring’s shares, it said.
The deal will give Oceanwide access to the international capital markets and “facilitate sustainable development,” the Beijing-based purchaser said in a separate e-mailed statement dated Monday.
The proposed disposal would be at a discount, given Harbour Ring’s market capitalization of HK$5.83 billion at the last traded price, according to data compiled by Bloomberg; at that price the 71.4 percent stake is worth HK$4.16 billion.
Harbor Ring, suspended since 10:40 a.m. in Hong Kong on Aug. 8, was to resume trading yesterday, according to the filing. The stock gained 4.8 percent to 65 Hong Kong cents on Aug. 8 before the halt. Oceanwide gained 1.7 percent to close at 5.34 yuan in Shenzhen trading Monday. Bloomberg

Joshua Fellman and Alex Davis

Share this:

  • Share on Facebook (Opens in new window) Facebook
  • Share on X (Opens in new window) X
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on WhatsApp (Opens in new window) WhatsApp
  • Print (Opens in new window) Print

Like this:

Like Loading…

Related

Previous Article

Corporate Bits | CTM and Air Macau ...

Next Article

Jet Airways to close budget units in ...

Related articles More from author

  • BusinessBuzzWorld

    AstraZeneca to withdraw Covid vaccine after over three million doses administered

    Thursday, May 9, 2024
    By -
  • BusinessCorporate Bits

    Melco reports continued ESG improvements in 2025 sustainability disclosure

    Tuesday, May 5, 2026
    By -
  • Business

    Taiwan arrests six accused of leaking BASF tech to China

    Tuesday, January 8, 2019
    By -
  • Business

    Japan | Victory over mobile carriers triggers USD34b rout

    Friday, November 2, 2018
    By -
  • Business

    Melco properties achieve health security verification

    Thursday, January 7, 2021
    By -
  • Business

    Sands China Inaugurates SME Suppliers into Sands Procurement Academy

    Thursday, September 24, 2020
    By -

Leave a reply Cancel reply

You must be logged in to post a comment.

  • World

    US to boost aid to Greenland in bid to counter Russia, China

  • Macau

    May LRT passengers slightly drop

  • This Day In History

    1955 Albert Einstein dies

DAILY EDITION

Monday, November 9, 2026 – edition no. 5070
Monday, November 9, 2026 – edition no. 5070

Greater Bay

MDT MACAU GRAND PRIX SPECIAL

November 2026
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30  
« Oct    

Timeline

  • Monday, November 9, 2026

    Population growth masks continued decline in births

  • Monday, November 9, 2026

    Community spending scheme injects MOP543 million into market in first three weeks

  • Monday, November 9, 2026

    Visitors spent 16% more in first nine months of 2026

  • Monday, November 9, 2026

    IAM records 27% drop in public hygiene violations

  • Monday, November 9, 2026

    Only 28% of residents would report food safety problems, survey finds

  • Monday, November 9, 2026

    A place for older generations in the age of AI

  • Monday, November 9, 2026

    Residential property prices fall 4.7% in Q3

  • Monday, November 9, 2026

    Police use drones to catch speeding drivers, illegal vehicle modifications

  • Monday, November 9, 2026

    81 pedestrians for traffic violations in one week

  • Monday, November 9, 2026

    Bill could bring yoga and Pilates studios under gym rules

Extra Times

Extra TimesHeadlines

A fiery milestone: Feng Wei Ju’s 20th anniversary tribute to Starworld Macau

To celebrate the 20th anniversary of the iconic Starworld Macau, a special commemorative dinner was hosted at its crown jewel, Feng Wei Ju. Holding two Michelin stars, this esteemed restaurant ...
  • In ‘I Play Rocky,’ a middleweight crowd-pleaser about the making of a classic

    By MDT/AP
    Friday, November 6, 2026
  • Daddy Yankee’s first concept album is a reggaeton love letter

    By MDT/AP
    Friday, November 6, 2026
  • MGM Macau hosts Bocuse d’Or Gala

    By -
    Friday, November 6, 2026
  • A Symphony of Heritage: Reviving the Imperial Feast at Chai Jia Chai

    By Irene Sam, MDT
    Friday, October 30, 2026
  • Recent

  • Popular

  • Population growth masks continued decline in births

    By Lynzy Valles, MDT
    Monday, November 9, 2026
  • Community spending scheme injects MOP543 million into market in first three weeks

    By Yuki Lei, MDT
    Monday, November 9, 2026
  • Visitors spent 16% more in first nine months of 2026

    By Renato Marques, MDT
    Monday, November 9, 2026
  • IAM records 27% drop in public hygiene violations

    By -
    Monday, November 9, 2026
  • Only 28% of residents would report food safety problems, survey finds

    By Yuki Lei, MDT
    Monday, November 9, 2026
  • A place for older generations in the age of AI

    By Lynzy Valles, MDT
    Monday, November 9, 2026
  • Residential property prices fall 4.7% in Q3

    By -
    Monday, November 9, 2026
  • Canidrome may have its days numbered, decision in ‘one or two months’

    By Paulo Coutinho, MDT
    Thursday, May 26, 2016
  • Animal Welfare | Macau: Anima slams Canidrome management for avoiding debate

    By -
    Wednesday, May 4, 2016
  • Editorial | Canidoomed

    By Paulo Coutinho, MDT
    Wednesday, June 1, 2016
  • Animal Welfare | Canidrome presented with ultimatum: close or move

    By Daniel Beitler, MDT
    Friday, July 22, 2016
  • Australia regulator cracks down on alleged exportation of dogs to Macau

    By Paulo Coutinho, MDT
    Friday, June 10, 2016
  • Animal rights | Canidrome: Anima in fresh airline negotiations as Canidrome closure looks more likely

    By Daniel Beitler, MDT
    Friday, May 27, 2016
  • USE OF ENGLISH IN MACAU | A ‘de facto’ official language

    By Catarina Pinto
    Monday, July 6, 2015
  • Contact our Administrator
  • Contact our Editor-in-Chief
  • Contacts
  • Our Team
  • Privacy Policy
  • Terms and Conditions
  • Editorial Statute
  • Code of Ethics
COPYRIGHT © MACAU DAILY TIMES 2008-2026. ALL RIGHTS RESERVED
MACAU DAILY TIMES
  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia
Loading Comments...

You must be logged in to post a comment.

%d