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Trustee Interests of HENDERSON LAND's Lee Shau Kee Inherited by Sons Peter Lee & Martin Lee, Each Holding 50%
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Lee Shau Kee, the founder of HENDERSON LAND (00012.HK), passed away on the 17th of this month at the age of 97. According to the latest disclosure of interests from the Hong Kong Stock Exchange, Lee Shau Kee's two sons, Peter Lee and Martin Lee, have each inherited 50% of the interests of the family trust's three trustees, which currently hold over 70% of HENDERSON LAND's shares. Based on HENDERSON LAND's market cap of around $107.9 billion on Monday (24th), the involved shares were valued at over $78.2 billion. Companies under the umbrella of HENDERSON LAND have also updated their shareholding status on the Hong Kong Stock Exchange. The companies in which Peter Lee and Martin Lee have reported holding stakes include HENDERSON INV (00097.HK) at 69.27%, HK & CHINA GAS (00003.HK) at 41.53, TG SMART ENERGY (01083.HK) at 68.38%, MIRAMAR HOTEL (00071.HK) at 50.08%, SUNLIGHT REIT (00435.HK)at 43.83%, and HK FERRY (HOLD) (00050.HK) at 33.41%. AAStocks Financial News |
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