Real Estate Investment

The Group owned certain commercial properties in North Point and a luxury residential property in Stanley. With the increase in property prices in Hong Kong the Group’s property portfolio appreciated in value. The gain arising from changes in fair value amounted to approximately HK$4.2 million for the year ended 31…

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Investment in Listed Securities

The Group’s securities portfolio has suffered a loss on sale of investments at fair value through profit or loss of approximately HK$177.1 million for the year ended 31 March 2011. Besides, there are fair value losses on investments at fair value through profit and loss of approximately HK$72.8 million in…

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Money Lending Business

The Group’s share of losses of associates, engaging in money lending business, amounted to approximately HK$182.6 million for the year ended 31 March 2011. Besides, a new wholly owned subsidiary was formed to engage in the money lending business

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Investment in Lottery Related Business in the People’s Republic of China (the “PRC”)

The Group has a 20% interest in a company engaging in lottery related business in the PRC (the “PRC Company”). In view of the technological development in the PRC which makes internet more popular and selling of lottery tickets through internet possible, the Group is recently considering diversifying its business…

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