CK Asset Holdings
Hong Kong property developer
From Wikipedia, the free encyclopedia
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.
- SEHK: 1113
- Hang Seng Index component
Hutchison Whampoa
Company type | Public |
|---|---|
| |
| Industry | Property |
| Predecessor | Cheung Kong Holdings Hutchison Whampoa |
| Founded |
|
| Headquarters | 7/F, Cheung Kong Center, 2 Queen's Road Central, Hong Kong |
Key people | Victor Li Tzar-kuoi (Chairman and Managing Director) |
| Products | real estate development and investment, aircraft leasing |
| Subsidiaries | Cheung 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 |
| Website | ckah |
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
- Li Ka-shing (1950–2018)
- Victor Li (2018– )
List of senior advisors
- Li Ka-shing (2018–present)