Great Wall Pan Asia Holdings
| File:Great Wall Pan Asia Holdings.png | |
 Corporate headquarters at Bank of America Tower | |
| Formerly | Armada Holdings SCMP Group |
|---|---|
| Company type | Public |
| Template:SEHK | |
| Industry | Real estate |
| Founded | 1903 |
| Headquarters | Hong Kong |
| Parent | China Great Wall Asset Management |
| Website | www |
Great Wall Pan Asia Holdings Limited (previously known as Armada Holdings Limited, , ) operates as a property investment firm headquartered in Hong Kong.
Originally named SCMP Group Limited, the company underwent rebranding to Armada Holdings Limited in April 2016 following the divestiture of its media operations, including the prominent South China Morning Post, sold to Alibaba Group. The firm formerly managed the Hong Kong versions of Cosmopolitan, Cosmogirl, and Harper's Bazaar. From 1996 until 2004, it ran the Daily Stop convenience store chain located at MTR and KCR stations, which was later sold to 7-Eleven.
Ownership
Established in 1903, SCMP Group Limited was first listed on the Hong Kong Stock Exchange in November 1971. Rupert Murdoch's News Corporation took the company private in 1987 before it was relisted in 1990. In October 1993, Robert Kuok's Kerry Group purchased a 34.9% share from News Corporation, with Kuok’s son Kuok Khoon Ean assuming the chairmanship in 1997. Kerry Group further increased its holdings by acquiring an additional 30% for HK$1.1 billion (approximately $142 million) in 2008.
In March 2009, Kerry Media disposed of a 14.4% stake to a banking consortium through put-call options exercisable over four years. By February 2013, trading of the group's shares was suspended due to the public float falling below the Hong Kong Stock Exchange’s minimum requirement of 25%, declining to 11% after banks exercised options compelling Kerry Media to repurchase shares.
On 11 December 2015, Alibaba revealed plans to acquire all media-related assets from SCMP Group while guaranteeing editorial autonomy. The deal completed in April 2016, transferring intellectual property rights for “SCMP” and leading to the company’s renaming as Armada Holdings Limited.