Shun Tak Holdings (OTCPK:SHTGY) ("Shun Tak" or "ST" or "the company) is an investment holding company listed in Hong Kong, and trading at a wide discount to its net asset value ("NAV"). Shun Tak was incorporated in 1972 by Stanley Ho as a small ferry operator, then grew the business by investing in numerous attractive land assets and businesses in Macau and Hong Kong, including:
- Property development and sales, leasing and management services. Shun Tak recently announced expansion into Northern China with respect to its real estate development and related activities. Shun Tak also owns a significant land bank in Macau in which to develop real estate, including as part of its hotel operations (described
Only subscribers can access this article, which is part of the PRO research library covering 3,587 different stocks.
Growing numbers of fund managers and other investment professionals subscribe to Seeking Alpha PRO for equity research that is unavailable elsewhere, so they can: