The story
Founded by Stanley Ho in 1972.1
Until late 2010, Stanley Ho controlled the company. An 11.55 per cent stake in Shun Tak was transferred by Ho to Hanika Realty, a company controlled by second wife Lucina Laam and his five children with her. The transfer made Hanika Shun Tak's biggest single shareholder.
In April 2015, Shun Tak Holdings Ltd purchased a hotel property in Shanghai for RMB700 million (MOP900 million).
In January 2017, Shun Tak acquired a Singapore commercial complex for US$246.75 million.
From Wikipedia’s article on Shun Tak Holdings, shared under CC BY-SA 4.0.4
