Monday, November 5, 2012

Stock Watch: Shun Tak Holdings





Media attention on Stanley Ho Hung-sun fixates on his colourful personal life and family, and the acrimonious battle over his assets a couple years back.


Lest we forget, Ho also founded Sociedade de Jogos de Macau (SJM), the pioneer casino operator in Macau, on which he built a highly profitable Macau-Hong Kong conglomerate spanning gaming, property and transport.


Investors distracted by Ho's familial goings-on may overlook a low profile and undervalued component of Ho's corporate empire, Shun Tak Holdings, which is a large Hong-Kong-listed property player in Macau.









via Business feed http://www.scmp.com/business/money/spending/article/1074665/stock-watch-shun-tak-holdings

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