{"id":112953,"date":"2019-12-09T11:31:11","date_gmt":"2019-12-09T04:31:11","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-third-wealthiest-man-is-set-to-become-us2-billion-richer-thanks-to-the-record-dividend-payout-at-his-property-company\/"},"modified":"2019-12-09T12:02:53","modified_gmt":"2019-12-09T05:02:53","slug":"chinas-third-wealthiest-man-is-set-to-become-us2-billion-richer-thanks-to-the-record-dividend-payout-at-his-property-company","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-third-wealthiest-man-is-set-to-become-us2-billion-richer-thanks-to-the-record-dividend-payout-at-his-property-company\/","title":{"rendered":"China\u2019s third-wealthiest man is set to become US$2 billion richer, thanks to the record dividend payout at his property company"},"content":{"rendered":"


\nChina\u2019s third-richest man is set to get a US$2 billion cash windfall.Hui Ka-yan, chairman of China Evergrande Group, will pocket the money after the property developer and electric-car wannabe declared a record dividend for fiscal 2018.The board proposed a 1.42 yuan per-share payout for the year ended December 31, according to a statement late Sunday. That would total 18.7 billion yuan (US$2.7 billion), and with a 78 per cent stake in the company, Hui will get the lion\u2019s share.Evergrande shares\u2026
\n
\nSource : South China Morning Post
\nRead more…China\u2019s third-wealthiest man is set to become US billion richer, thanks to the record dividend payout at his property company<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China\u2019s third-richest man is set to get a US$2 billion cash windfall.Hui Ka-yan, chairman of...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-112953","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-tnP","jetpack-related-posts":[{"id":60526,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/explainer-heres-whats-in-wanda-and-sunac-after-chinas-largest-single-property-deal\/","url_meta":{"origin":112953,"position":0},"title":"Explainer: Here\u2019s what\u2019s in Wanda and Sunac after China\u2019s largest single property deal","date":"July 12, 2017","format":false,"excerpt":"\r Wang Jianlin, China\u2019s wealthiest magnate, this week announced a surprise sale of the majority of his hotel and tourism portfolio for 63 billion yuan to Sunac China. Wang Jianlin sells most of Wanda hotel and tourism portfolio to rival magnate for US$9.3 billion Sunac, founded by Shanxi tycoon Sun\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135432,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabis-borouge-approves-final-dividend-payout-totalling-650mn\/","url_meta":{"origin":112953,"position":1},"title":"Abu Dhabi\u2019s Borouge approves final dividend payout totalling $650mn","date":"March 14, 2023","format":false,"excerpt":"\r The ADNOC-Borealis JV had declared net profit of $1.4 billion for FY2022; its fourth plant is set to begin operations in 2025 and add 1.4 million tonnes to capacity\r \r Source : arabianbusiness.com\r Read more...Abu Dhabi\u2019s Borouge approves final dividend payout totalling 0mn","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2023\/03\/Borouge-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":86745,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/media-mogul-wang-jianlin-bets-on-worlds-largest-movie-studios-to-turn-qingdao-into-chinas-hollywood\/","url_meta":{"origin":112953,"position":2},"title":"Media mogul Wang Jianlin bets on world\u2019s largest movie studios to turn Qingdao into China\u2019s Hollywood","date":"April 29, 2018","format":false,"excerpt":"\r At the Oriental Movie Metropolis in this seaside city, workers are putting finishing touches on the fittings and glitzy lights of the world\u2019s largest movie production studios: a 50-billion yuan (US$7.9 billion), five-year undertaking by Wang Jianlin, once China\u2019s wealthiest businessman. On a hill overlooking the site, four gigantic\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74434,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-largest-rental-property-securitisation-valued-at-20-billion-yuan-gets-the-go-ahead\/","url_meta":{"origin":112953,"position":3},"title":"China\u2019s largest rental property securitisation valued at 20 billion yuan gets the go-ahead","date":"December 13, 2017","format":false,"excerpt":"\r China will issue its largest bonds backed by rental housing projects, reflecting a pickup in momentum of rented property securitisation as a new funding channel for developers to tap. China Merchants Group, a state-owned conglomerate, said this week it had teamed up with the Beijing-based China Construction Bank to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118078,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-investors-turn-cautious-on-chinas-property-market-as-slowdown-political-risks-cloud-outlook\/","url_meta":{"origin":112953,"position":4},"title":"Foreign investors turn cautious on China\u2019s property market as slowdown, political risks cloud outlook","date":"August 4, 2020","format":false,"excerpt":"\r China\u2019s economic slowdown and fraying ties with the US and other western governments have prompted foreign investors to temper their investment in local properties, according to Cushman & Wakefield.They spent about 27.1 billion yuan (US$3.88 billion) on such assets this year as of June 30, the property consultancy said\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64766,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-greentown-continues-to-enjoy-dramatic-turnaround-in-fortunes\/","url_meta":{"origin":112953,"position":5},"title":"Developer Greentown continues to enjoy dramatic turnaround in fortunes","date":"August 28, 2017","format":false,"excerpt":"\r Property developer Greentown China Holdings, on the verge of bankruptcy just three years ago, has registered a storming 103.5 per cent rise in profit to 1.228 billion yuan (US$184 million), after record contracted sales last year. The Hangzhou-based company also announced on Monday morning that its basic earnings per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/112953"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=112953"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/112953\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=112953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=112953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=112953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}