Shun Tak Holdings


Shun Tak Holdings Limited is a Hong Kong-Macau company founded in 1972. It has been one of the constituents of the Hang Seng Hong Kong MidCap Index since 11 September 2006. The company is active in shipping, property, hospitality and investments businesses. Its shipping division, operating under the name of TurboJET, operates ferry services between Hong Kong and Macau.
The company's founder and executive chairman is Stanley Ho. His daughter Pansy Ho serves as managing director with two of his other daughters, Daisy Ho Chiu-fung and Maisy Ho Chiu-ha, as executive directors as well as David Shum.

History

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 hotel property in Shanghai for RMB700 million.
In January 2017, Shun Tak acquired Singapore commercial complex for US$246.75 million.

Business operations

The company has extensive shipping and property holdings. Shipping companies owned include: Conwick Investment Ltd; Far East Hydrofoil Company Ltd; Hong Kong Macao Hydrofoil Company Ltd; Sunrise Field Ltd; Tai Tak Hing Shipping Company Ltd ; Wealth Trump Ltd; Shun Tak-China Travel Macau Ferries Ltd ; Companhia de Serviços de Ferry STCT

Residential Properties in Macau

Property NameLocationResidential UnitsConstruction Completed InNos. of FloorsHeight
Nova Taipa GardensTaipa, Macautbc19972786.26 m
Nova CityTaipa, Macau1,932200836109.8 m
Nova ParkTaipa, Macautbcscheduled 201442tbc