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