Property News · May 5, 2018

How did 10 investors divvy up a 73-storey office tower? They picked ping pong balls from a hat


On a sunny afternoon last month, a group of very wealthy men filed into the 28th floor office of Hong Kong’s richest woman at the One International Finance Centre skyscraper overlooking the city’s famed Victoria Harbour.
Among them were Shimao Property Holdings’ founder Hui Wing Mau, the operator of Hong Kong’s biggest fleet of mini buses Ma Ah Mok, and two men who made their fortunes from producing cassette tapes and compact discs.
They had come to the boardroom of…

Source : South China Morning Post
Read more…How did 10 investors divvy up a 73-storey office tower? They picked ping pong balls from a hat