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Kwok Tak-seng

From Alfawiki
Kwok Tak-seng
BornTemplate:Birth date
Macau
DiedOctober 30, 1990(1990-10-30) (aged 79)
OccupationEntrepreneur
Known forFounder of Sun Hung Kai Properties

Kwok Tak-seng OBE (12 March 1911 – 30 October 1990) was a prominent Hong Kong entrepreneur and the originator of Sun Hung Kai Properties, one of Hong Kong's foremost property developer companies.

Early life

Kwok was born in Macau, with his family roots tracing back to Zhongshan, Guangdong. After the conclusion of World War II, he relocated to Hong Kong.

Career

In 1963, Kwok partnered with Fung King-hey and Lee Shau-kee to establish Sun Hung Kai Enterprises, which later transformed into Sun Hung Kai Properties. The firm was listed on the Stock Exchange of Hong Kong in 1972 and rapidly rose to become a leading company by market value.

He received the OBE honor in the 1986 Birthday Honours. Additionally, Kwok served as a non-executive director at another property development company, New World Development.

Personal life

Kwok was married to Kwong Siu-hing and fathered three sons: Walter Kwok, Thomas Kwok, and Raymond Kwok.

At age 79, he passed away from a heart attack on 30 October 1990. His eldest son Walter succeeded him as chairman of Sun Hung Kai Properties. In 2008, after a public family conflict, leadership passed to his wife, Kwong Siu-hing, who took over the chairman position.