Tag: stanley ho

The CB attracts good demand as Shun Tak's exposure to Hong Kong and Macau property gives it a bit of scarcity value. Stanley Ho adds another property to his Macau portfolio. Thousands of investors cancel their earlier orders in light of a legal challenge, leaving Deutsche Bank as the underwriter to cover the shortfall. But the bank hedges its ... The Chinese bank pays $590 million to acquire an 80% interest in Seng Heng Bank from Stanley Ho and CEO Patrick Huen.