{"id":64862,"date":"2017-08-29T16:36:10","date_gmt":"2017-08-29T09:36:10","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-rrj-capital-repeat-its-midas-touch-with-lai-sun-development\/"},"modified":"2017-08-29T16:40:25","modified_gmt":"2017-08-29T09:40:25","slug":"can-rrj-capital-repeat-its-midas-touch-with-lai-sun-development","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-rrj-capital-repeat-its-midas-touch-with-lai-sun-development\/","title":{"rendered":"Can RRJ Capital repeat its Midas touch with Lai Sun Development?"},"content":{"rendered":"


\nRichard Ong, chairman of Asian-based private equity fund RRJ Capital, sees himself as the man with the Midas touch. Now he wants to repeat his success with Hong Kong property developer Lai Sun Development.
\nThe former Goldman Sachs banker has made huge gains from two Hong Kong-listed mainland property stocks \u2013 CIFI Holdings and Logan Property Holding.
\nIn October 2013, RRJ invested in CIFI, which primarily invests in Shanghai, with an entry price of HK$1.52. The stock closed down 0.7 per…
\n
\nSource : South China Morning Post
\nRead more…Can RRJ Capital repeat its Midas touch with Lai Sun Development?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Richard Ong, chairman of Asian-based private equity fund RRJ Capital, sees himself as the man...<\/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-64862","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-gSa","jetpack-related-posts":[{"id":138624,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-cifi-chairman-lin-zhong-seeks-us212-7-million-for-5-luxury-homes-in-stanley\/","url_meta":{"origin":64862,"position":0},"title":"Hong Kong property: CIFI chairman Lin Zhong seeks US$212.7 million for 5 luxury homes in Stanley","date":"August 4, 2023","format":false,"excerpt":"\r CIFI chairman Lin Zhong and his brothers are asking HK$1.66 billion (US$212.7 million) for five houses in Stanley, 7.88 per cent less than the purchase price. Each 3-storey unit comes with a garden and swimming pool.\r \r Source : South China Morning Post\r Read more...Hong Kong property: CIFI chairman\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78165,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-firms-make-a-beeline-to-raise-capital-in-hong-kong-amid-mainland-freeze\/","url_meta":{"origin":64862,"position":1},"title":"Chinese property firms make a beeline to raise capital in Hong Kong amid mainland freeze","date":"January 28, 2018","format":false,"excerpt":"\r Chinese property companies are making a beeline for Hong Kong to raise capital, as one of the world\u2019s best-performing stock markets offers an attractive alternative to the funding squeeze back on the mainland. Agile Group Holdings, a developer based in Zhongshan city in Guangdong province, will launch an initial\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143385,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/debt-saddled-lai-sun-development-sells-stake-in-insurer-aia-groups-hong-kong-headquarters\/","url_meta":{"origin":64862,"position":2},"title":"Debt-saddled Lai Sun Development sells stake in insurer AIA Group\u2019s Hong Kong headquarters","date":"April 9, 2024","format":false,"excerpt":"\r A wholly-owned unit of Lai Sun Development Company, a Hong Kong property firm, has sold its equity stake in the AIA Central skyscraper for HK$1.42 billion (US$180 million) in a bid to boost its liquidity.\r \r Source : South China Morning Post\r Read more...Debt-saddled Lai Sun Development sells stake\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":166942,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jd-coms-us450-billion-stake-in-hong-kong-central-tower-eases-lai-sun-debt-woes\/","url_meta":{"origin":64862,"position":3},"title":"JD.com\u2019s US$450 billion stake in Hong Kong Central tower eases Lai Sun debt woes","date":"December 10, 2025","format":false,"excerpt":"\r JD.com has agreed to acquire a stake in a major office tower in Hong Kong\u2019s Central district, mirroring a property move by its rival Alibaba Group Holding and offering a financial lift to the cash-strapped developer Lai Sun Development. Lai Sun Development and its parent Lai Sun Garment entered\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":166126,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-emperor-and-lai-sun-find-relief-amid-debt-pressures\/","url_meta":{"origin":64862,"position":4},"title":"Hong Kong developers Emperor and Lai Sun find relief amid debt pressures","date":"November 28, 2025","format":false,"excerpt":"\r Emperor International Holdings has secured bank approval to resume borrowing under existing terms by nearly two years, providing the embattled Hong Kong developer with much-needed breathing room after it failed to meet HK$16.6 billion (US$2.13 billion) in debt obligations in July. Meanwhile, shares of Lai Sun Development (LSD) resumed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171980,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-lai-sun-seeks-note-swap-in-bid-to-ease-liquidity-pressure\/","url_meta":{"origin":64862,"position":5},"title":"Hong Kong developer Lai Sun seeks note swap in bid to ease liquidity pressure","date":"June 15, 2026","format":false,"excerpt":"\r Hong Kong developer Lai Sun Development, chaired by businessman Peter Lam Kin-ngok, who also chairs the city\u2019s Tourism Board, has launched an exchange offer for its outstanding US$493 million worth of 5 per cent guaranteed notes due July 2026, in an effort to relieve short-term liquidity pressures, the company\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\/64862"}],"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=64862"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/64862\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=64862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=64862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=64862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}