BrandWikiReturn

CK Asset Holdings

CK Asset Holdings Limited, formerly 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]

Acquisitions

In 2019, the company bought the UK pub company Greene King in a deal that valued the chain at £2.7 billion.[5][6][7]

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

Chairmen

List of chairmen

List of senior advisors

External links

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, 4 June 2015, retrieved 30 September 2015^
  2. Michelle Yun. Li Ka-shing's Property Spin Off Debuts at HK$70 in Hong Kong Bloomberg Business, 3 June 2015, retrieved 25 August 2015^
  3. https://www.thestandnews.com/finance/%E9%95%B7%E5%92%8C%E7%B3%BB%E9%87%8D%E7%B5%84-%E5%92%8C%E9%BB%83%E9%99%A4%E7%89%8C/ Stand News, 9 January 2015, retrieved 25 January 2021^
  4. https://news.now.com/home/finance/player?newsId=126794 Now.com, 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. Rob Davies. Greene King to be sold to Hong Kong's richest family for £2.7bn The Guardian, 19 August 2019^
  7. Greene King to be sold to Hong Kong property giant 19 August 2019^
  8. Jamie Bennett-Ness. Civitas Social Housing agrees £485m takeover deal with CK Asset Holdings Property Week, 2023-05-10, retrieved 2023-06-27^