Shun Tak Holdings
| Company type | Public |
|---|---|
| Industry | Shipping, Real estate, Hospitality, Investment |
| Founded | 1972 |
| Founder | Stanley Ho |
| Headquarters | Hong Kong , Hong Kong |
Area served | Hong Kong, Macau |
Key people | Stanley Ho (founder and former executive chairman), Pansy Ho (managing director), Daisy Ho Chiu-fung (executive director), Maisy Ho Chiu-ha (executive director), David Shum (executive director) |
| Products | Maritime transport (TurboJET hydrofoil and high-speed ferry services), real estate, hospitality |
Shun Tak Holdings Limited () is a company operating in both Hong Kong and Macau, established in 1972 and publicly traded on the Hang Seng Hong Kong MidCap Index since 2006. The firm’s activities span shipping, real estate, hospitality, and investment sectors. Its maritime division, TurboJET, provides hydrofoil and high-speed ferry connections between Hong Kong and Macau, managed through a joint venture with China Travel International Investment Hong Kong.
The enterprise was initiated by Stanley Ho, who held the position of executive chairman. Currently, his daughter Pansy Ho acts as managing director, while her sisters Daisy Ho Chiu-fung and Maisy Ho Chiu-ha serve as executive directors alongside David Shum.
History
Up until late 2010, control of Shun Tak was under Stanley Ho. He subsequently transferred an 11.55% ownership stake to Hanika Realty, a company overseen by his second spouse Lucina Laam and their five children, thus making Hanika Realty the principal shareholder.
In April 2015, Shun Tak broadened its hospitality holdings by purchasing a hotel asset in Shanghai for RMB700 million (equivalent to MOP900 million). Later, in January 2017, the company further expanded its portfolio by acquiring a commercial property in Singapore valued at US$246.75 million.
Business operations
Shun Tak possesses substantial assets in both maritime and property sectors. Its shipping-related subsidiaries include Conwick Investment Ltd, Far East Hydrofoil Company Ltd, Hong Kong Macao Hydrofoil Company Ltd, Sunrise Field Ltd, Tai Tak Hing Shipping Company Ltd (formerly an independent ferry owner), Wealth Trump Ltd, Shun Tak–China Travel Macau Ferries Ltd (previously known as Hong Kong–Macau New World First Ferry Services (Macau) Ltd), and Companhia de Serviços de Ferry STCT (Macau) (formerly New Ferry - Transporte Maritimo de Passageiros (Macau)).
Residential Properties in Macau
| Property Name | Location | Residential Units | Year Completed | Floors | Height |
|---|---|---|---|---|---|
| Nova Taipa Gardens | Taipa, Macau | tbc | 1997 | 27 | 86.26 m |
| Nova City | Taipa, Macau | 1,932 | 2008 | 36 | 109.8 m |
| Nova Park | Taipa, Macau | tbc | planned for 2014 | 42 | tbc |