CK Asset Holdings Limited
Company typePublic
IndustryProperty
PredecessorCheung Kong Holdings
Hutchison Whampoa
Founded
  • As Cheung Kong Holdings in 1950; 74 years ago (1950)
  • As CK Asset Holdings on 3 June 2015; 8 years ago (2015-06-03)
Headquarters7/F, Cheung Kong Center, 2 Queen's Road Central, Hong Kong
Key people
Victor Li Tzar-kuoi, Chairman and Managing Director
ProductsInclude property development and investment, hotel and serviced suite operation, property and project management, aircraft leasing, and investment in energy and infrastructure assets that are household equipment services related
SubsidiariesCheung Kong Property Development Limited
Citybase Property Management Limited
Goodwell Property Management Limited
Harbour Plaza Hotel Management Limited
Hutchison Property Group Limited
Accipiter Holdings Designated Activity Company
Websitewww.ckah.com

CK Asset Holdings Limited, previously known as Cheung Kong Property Holdings Limited, is a property developer registered in the Cayman Islands, with its headquarters and principal place of business in Hong Kong.

History

The company was established in 2015 when Cheung Kong Holdings spun off its property holdings into a separate company as part of a restructuring.[1] CK Asset Holdings began trading on 3 June 2015.[2] After restructuring, Cheung Kong Holdings and Hutchison Whampoa went private, replacing their major listed companies with CK Hutchison Holdings and CK Asset Holdings.[3]

Immediately after restructuring, CK Asset Holdings became a constituent of the Hang Seng Index (the blue-chip index of the Hong Kong stock exchange).[4]

In 2019 the company announced the takeover of the UK pub company Greene King.[5][6][7]

Acquisitions

In May 2023, CK Asset Holdings agreed a £485 million cash takeover offer for Civitas Social Housing.[8]

Chairmen

List of chairmen

  1. Li Ka-shing (1950–2018)
  2. Victor Li (2018– )
  3. Cheung Jian-Ci (2021-2024)

List of senior advisors

  1. Li Ka-shing (2018– )

References

  1. ^ "李嘉诚完成世纪重组 旗下地产航母长实地产正式上市". Tencent News (in Chinese). 4 June 2015. Retrieved 30 September 2015.
  2. ^ Yun, Michelle (3 June 2015). "Li Ka-shing's Property Spin Off Debuts at HK$70 in Hong Kong". Bloomberg Business. Retrieved 25 August 2015.
  3. ^ 長實和黃合併 分拆地產業務 註冊地遷海外. Stand News (in Chinese (Hong Kong)). 9 January 2015. Retrieved 25 January 2021.
  4. ^ 長和取代長實入恒指. Now.com (in Chinese (Hong Kong)). Hong Kong. 13 February 2015. Retrieved 25 January 2021.
  5. ^ "Greene King pub giant snapped up by Hong Kong firm CKA". BBC News. 19 August 2019. Retrieved 21 January 2023.
  6. ^ Davies, Rob (19 August 2019). "Greene King to be sold to Hong Kong's richest family for £2.7bn". The Guardian.
  7. ^ "Greene King to be sold to Hong Kong property giant". 19 August 2019.
  8. ^ Bennett-Ness2023-05-10T13:40:00, Jamie. "Civitas Social Housing agrees £485m takeover deal with CK Asset Holdings". Property Week. Retrieved 27 June 2023.((cite web)): CS1 maint: numeric names: authors list (link)

External links

Constituents of Hang Seng Index
Categories