Financial News
Written by: Xu Shihao
2021-05-10 14:53
Last update date: 2021-05-10 14:53
Sun Hung Kai Properties (016) Mr. Kwok Kwong, the younger brother of Xiaoqing Kwong, known as the "Master", passed away on the 7th of this month at the age of 91.
SHKP spokesperson responded to "Hong Kong 01" inquiries, saying that Kwong Chung has served Sun Hung Kai Properties for nearly 49 years, and has served as an executive director for more than 28 years. The group colleagues deeply mourn the passing of Mr. Kwong and extend their sincerest family to his family Condolences.
Looking through the information, Kwong Zhun had been a helper in the group as early as one of the founders of SHKP, Guo Desheng, until April this year, he retired on the grounds that he was already high and became an executive director before he retired.
The announcement at the time stated that the resignation was "so that he can devote more time to the family."
According to SHKP's annual report, Kwong Zhun holds a total of 1.102 million shares or 0.04% of SHKP with his personal and family interests. Based on the current stock price of 119.7 yuan, the value is about 132 million yuan.
According to company information, Kuang Zhun graduated from Wuhan Zhongnan University of Finance and Economics and worked in the Guangzhou Branch of the People's Bank of China.
After coming to Hong Kong in 1962, he worked for Wing Yip Co., Ltd., joined Sun Hung Kai Enterprises in 1963, and served after listing in 1972 until his retirement this year.
Xindi