{"id":87187,"date":"2018-05-05T17:03:07","date_gmt":"2018-05-05T10:03:07","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-did-10-investors-divvy-up-a-73-storey-office-tower-they-picked-ping-pong-balls-from-a-hat\/"},"modified":"2018-05-05T18:03:04","modified_gmt":"2018-05-05T11:03:04","slug":"how-did-10-investors-divvy-up-a-73-storey-office-tower-they-picked-ping-pong-balls-from-a-hat","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-did-10-investors-divvy-up-a-73-storey-office-tower-they-picked-ping-pong-balls-from-a-hat\/","title":{"rendered":"How did 10 investors divvy up a 73-storey office tower? They picked ping pong balls from a hat"},"content":{"rendered":"


\nOn a sunny afternoon last month, a group of very wealthy men filed into the 28th floor office of Hong Kong\u2019s richest woman at the One International Finance Centre skyscraper overlooking the city\u2019s famed Victoria Harbour.
\nAmong them were Shimao Property Holdings\u2019 founder Hui Wing Mau, the operator of Hong Kong\u2019s biggest fleet of mini buses Ma Ah Mok, and two men who made their fortunes from producing cassette tapes and compact discs.
\nThey had come to the boardroom of…
\n
\nSource : South China Morning Post
\nRead more…How did 10 investors divvy up a 73-storey office tower? They picked ping pong balls from a hat<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

On a sunny afternoon last month, a group of very wealthy men filed into the...<\/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-87187","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-mGf","jetpack-related-posts":[{"id":101760,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-posts-peggy-sito-scoops-top-prize-at-state-streets-press-awards-for-her-unusual-story-about-the-center\/","url_meta":{"origin":87187,"position":0},"title":"The Post\u2019s Peggy Sito scoops top prize at State Street\u2019s Press Awards for her unusual story about The Center","date":"November 28, 2018","format":false,"excerpt":"\r Peggy Sito, deputy business editor of South China Morning Post, was awarded \u201cJournalist of the Year\u201d prize in the Investment category of State Street\u2019s 2018 Institutional Press Awards, Asia-Pacific. Her story, \u201cHow did 10 investors divvy up a 73-storey office tower? They picked ping pong balls from a hat,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":160376,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-cassette-king-offers-to-sell-luxury-property-to-pare-debt\/","url_meta":{"origin":87187,"position":1},"title":"Hong Kong\u2019s \u2018Cassette King\u2019 offers to sell luxury property to pare debt","date":"September 3, 2025","format":false,"excerpt":"\r One of Hong Kong\u2019s best-known real estate investors has put another luxury home up for sale at a discount, as the city\u2019s property glut and elevated interest rates weigh on highly leveraged entrepreneurs. David Chan Ping-chi, dubbed the \u201cCassette King\u201d for his fortunes made from producing audiovisual cassettes and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97420,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/souring-sentiment-snares-buyers-of-worlds-costliest-office-tower\/","url_meta":{"origin":87187,"position":2},"title":"Souring sentiment snares buyers of world\u2019s costliest office tower","date":"September 7, 2018","format":false,"excerpt":"\r Four months ago, when a consortium of 10 wealthy investors settled on a financing deal by selling two tranches of 18-month bonds to raise the funds to close the HK$40.2 billion (US$5.2 billion) purchase of the world\u2019s most expensive office tower, they felt they were sitting pretty. They believed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":84520,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-most-expensive-office-to-lose-first-big-tenant-as-goldman-sachs-set-to-move-out\/","url_meta":{"origin":87187,"position":3},"title":"Hong Kong\u2019s most expensive office to lose first big tenant as Goldman Sachs set to move out","date":"April 4, 2018","format":false,"excerpt":"\r Hong Kong\u2019s most expensive office building may be becoming too expensive for one of its top tenants. Global investment bank Goldman Sachs is set to move out of The Center, a 73-storey tower in the city\u2019s Central district that sold for a record HK$40.2 billion (US$5.15 billion) last year.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83187,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-richest-woman-is-still-eyeing-her-biggest-purchase-even-though-her-paper-wealth-has-halved\/","url_meta":{"origin":87187,"position":4},"title":"Hong Kong\u2019s richest woman is still eyeing her biggest purchase \u2013 even though her paper wealth has halved","date":"March 20, 2018","format":false,"excerpt":"\r Hong Kong\u2019s wealthiest woman is still shopping for the biggest purchase of her life \u2013 a stake in the world\u2019s most expensive office building \u2013 even if her wealth on paper had been halved. Pollyanna Chu Lee Yuet-wah, co-founder of Kingston Financial Group, said she is close to completing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44924,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-architect-family-behind-hong-kongs-bank-of-china-tower\/","url_meta":{"origin":87187,"position":5},"title":"The architect family behind Hong Kong\u2019s Bank of China Tower","date":"February 21, 2017","format":false,"excerpt":"\r The iconic Bank of China Tower on Garden Road in Central is one of Hong Kong\u2019s landmark buildings \u2013 a \u201cmasterpiece\u201d designed by well known architect I.M. Pei. Pei\u2019s son Sandi Pei Li-Chung, 67, who followed in his father\u2019s footsteps to become an architect in New York, spent eight\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\/87187"}],"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=87187"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/87187\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=87187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=87187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=87187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}