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March 18, 1989 | From Reuters
Hong Kong's biggest landlord said Friday that it would restructure into a Bermuda-based holding company in a move seen by analysts as damaging to confidence in the British colony's future. The Hongkong Land Co., which owns most of the prime real estate in Hong Kong's main business district, is following to Bermuda Jardine Matheson Holdings, the company made famous in James Clavell's novel "Noble House." Jardine Matheson effectively controls Hongkong Land through a holding company.
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BUSINESS
March 18, 1989 | From Reuters
Hong Kong's biggest landlord said Friday that it would restructure into a Bermuda-based holding company in a move seen by analysts as damaging to confidence in the British colony's future. The Hongkong Land Co., which owns most of the prime real estate in Hong Kong's main business district, is following to Bermuda Jardine Matheson Holdings, the company made famous in James Clavell's novel "Noble House." Jardine Matheson effectively controls Hongkong Land through a holding company.
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