{"id":117924,"date":"2020-07-23T06:05:12","date_gmt":"2020-07-22T23:05:12","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-asset-makes-first-step-in-rescue-of-distressed-hong-kong-developer-goldin-as-hostile-creditors-seize-assets\/"},"modified":"2020-07-23T08:04:03","modified_gmt":"2020-07-23T01:04:03","slug":"li-ka-shings-ck-asset-makes-first-step-in-rescue-of-distressed-hong-kong-developer-goldin-as-hostile-creditors-seize-assets","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-asset-makes-first-step-in-rescue-of-distressed-hong-kong-developer-goldin-as-hostile-creditors-seize-assets\/","title":{"rendered":"Li Ka-shing\u2019s CK Asset makes first step in rescue of distressed Hong Kong developer Goldin as hostile creditors seize assets"},"content":{"rendered":"


\nHong Kong\u2019s most-famous billionaire Li Ka-shing has sent a top lieutenant to help rescue a cash-strapped developer in the first major blow-up and restructuring to unfold from the city\u2019s property market slump.Goldin Financial Holdings, the troubled developer with HK$18.5 billion of liabilities, named Gerald Ma Lai-chee as vice-chairman and non executive director, according to an exchange filing late Wednesday. The 52-year-old executive, an executive committee member at CK Asset, \u201cwill focus on\u2026
\n
\nSource : South China Morning Post
\nRead more…Li Ka-shing\u2019s CK Asset makes first step in rescue of distressed Hong Kong developer Goldin as hostile creditors seize assets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s most-famous billionaire Li Ka-shing has sent a top lieutenant to help rescue a...<\/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-117924","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-uG0","jetpack-related-posts":[{"id":117006,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-asset-holdings-throws-weight-behind-beijings-security-law-for-hong-kong-ahead-of-its-biggest-property-launch-this-year\/","url_meta":{"origin":117924,"position":0},"title":"Li Ka-shing\u2019s CK Asset Holdings throws weight behind Beijing\u2019s security law for Hong Kong ahead of its biggest property launch this year","date":"June 9, 2020","format":false,"excerpt":"\r CK Asset Holdings, the second largest developer in Hong Kong by value, has sought to ease homebuyers\u2019 concerns over China\u2019s hugely controversial security bill ahead of its biggest property launch this year.Beijing\u2019s tailor-made security law for Hong Kong, which was unveiled at the annual National People\u2019s Congress on May\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117932,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ck-asset-may-be-eyeing-a-shortcut-to-replenish-land-bank-with-its-role-in-goldin-restructuring-analysts-say\/","url_meta":{"origin":117924,"position":1},"title":"CK Asset may be eyeing a shortcut to replenish land bank with its role in Goldin restructuring, analysts say","date":"July 23, 2020","format":false,"excerpt":"\r Li Ka-shing\u2019s CK Asset Holdings may be eyeing a \u201cshortcut\u201d to bulk up its land bank in Hong Kong by leveraging its ties with Goldin Financial Holdings, according to some market analysts.The possibility became a bit clearer after the conglomerate sent a top lieutenant, Gerald Ma Lai-chee, to offer\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138687,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-price-war-imminent-as-li-ka-shings-ck-asset-slashes-flats-to-lowest-seen-in-city-in-seven-years\/","url_meta":{"origin":117924,"position":2},"title":"Hong Kong property \u2018price war\u2019 imminent as Li Ka-shing\u2019s CK Asset slashes flats to lowest seen in city in seven years","date":"August 8, 2023","format":false,"excerpt":"\r Developer cuts prices at Coast Line II in Kowloon to US$1,921 per square foot \u2013 16 per cent below other recent launches \u2013 in a bid to boost buyer sentiment in a slumping market.\r \r Source : South China Morning Post\r Read more...Hong Kong property \u2018price war\u2019 imminent as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100959,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-asset-swoops-on-uk-developer-capcos-troubled-london-luxury-housing-project\/","url_meta":{"origin":117924,"position":3},"title":"Li Ka-shing\u2019s CK Asset swoops on UK developer CapCo\u2019s troubled London luxury housing project","date":"November 6, 2018","format":false,"excerpt":"\r CK Asset Holdings is in preliminary talks to buy most of Capital & Counties Properties\u2019 Earls Court project, a sign of investors\u2019 faith in the long-term prospects of London\u2019s luxury-housing market. The Hong Kong company founded by billionaire Li Ka-shing wants to buy about 90 per cent of the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171974,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-asset-sets-a-2026-record-with-us46-2-million-mid-levels-penthouse-sale\/","url_meta":{"origin":117924,"position":4},"title":"Li Ka-shing\u2019s CK Asset sets a 2026 record with US$46.2 million Mid-Levels penthouse sale","date":"June 14, 2026","format":false,"excerpt":"\r Hong Kong billionaire Li Ka-shing\u2019s flagship property developer CK Asset Holdings has sold a penthouse mansion at a luxury development in Mid-Levels in Central for HK$362 million (US$46.2 million), setting a per square foot price record for first-hand transactions this year. The 2,911 sq ft unit on the 20th\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":164049,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-asset-shkp-among-six-bidders-for-mtrs-tuen-mun-site\/","url_meta":{"origin":117924,"position":5},"title":"Li Ka-shing\u2019s CK Asset, SHKP among six bidders for MTR\u2019s Tuen Mun site","date":"November 5, 2025","format":false,"excerpt":"\r CK Asset Holdings, the flagship company of Hong Kong tycoon Li Ka-shing, and Sun Hung Kai Properties (SHKP), the city\u2019s largest developer, are two of six bidders for a parcel of land in the New Territories that is estimated to provide 1,280 residential units and car park spaces. MTR\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\/117924"}],"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=117924"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/117924\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=117924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=117924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=117924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}