Sun Hung Kai Properties Ltd. http://www.alacrastore.com/company-snapshot/Sun_Hung_Kai_Properties_Ltd-1016077 Saturday, July 26, 2008 1:45:45 PM 1016077 Sun Hung Kai Properties Ltd. en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/bir/1198127bir/1198127normSun Hung Kai Properties Ltd.Hong KongFinance: Investment holding company with subsidiaries engaged in investment in properties for sale and rental671965315511125312109IK000166/21/2008 6:25:00 AM1198127Company Profiles & FinancialsGale Company Profileshttp://www.alacrastore.com/storecontent/spcred/648669spcred/648669normThe latest News from S&Pglobalstructured5/16/2008 4:35:02 AM100News648669Hong KongReal Estate Management & DevelopmentAsiaEmerging MarketsLatin AmericaGlobal IssuersStructured FinanceCorporationsReal Estate CompaniesNewsHONG KONG (Standard&Poor's) May 16, 2008--Standard&Poor's Ratings Services said today that the court's interim injunction to restrain all other directors of Sun Hung Kai Properties Ltd. from voting to terminate Mr. Walter Kwok as chairman and chief executive will not have an immediate impact on the ratings of the company (SHKP; A/Stable/--) and its outstanding debt issues. Another hearing for both Mr. Kwok and the company plus its other directors to present their case is expected to be arranged soon. Mr. Kwok has been on leave since Feb. 18, 2008, and remains so. We don't expect the latest court action will have an impact on SHKP's strategy, operation, or financials. In a remote scenario, if theHKG86676H40403010 404030 4040 40Sun Hung Kai Properties Ltd.129273ASIAEMERGINGLATAMERICA16@HKNEWSGLOBISSSTRUCCORPRECCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/640754spcred/640754normThe latest Full Report from S&P4/3/2008 4:35:22 AMFull Report400globalstructured640754Hong KongReal Estate Management & DevelopmentAsiaEmerging MarketsLatin AmericaReal Estate CompaniesInsuranceGlobal IssuersStructured FinanceCorporationsFull ReportLeading market position Substantial recurring income Experienced and prudent management team Cyclicality of the property market Greater exposure to riskier Chinese property sector. The rating on Sun Hung Kai Properties Ltd. (SHKP) reflects the company's leading position in property development in Hong Kong, its substantial recurring rental income, and its experienced and prudent management team, which helps the company to maintain a modest financial profile and strong liquidity. These strengths are partly offset by its recent acceleration of expansion in China, which is a riskier market than Hong Kong. SHKP's business risks and capital expenditure requirements have increased for the next three years because of its greater exposure to China. But these risks are tempered by the company's prudent approachHKG86676H40403010 404030 4040 40Sun Hung Kai Properties Ltd.129273ASIAEMERGINGLATAMERICA16@HKFULLHKG40301030 403010 4030 40Sun Hung Kai Properties Insurance Ltd.314418ASIAEMERGINGLATAMERICA1101Z@HKGLOBISSSTRUCINSCORPRECCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/640756spcred/640756normThe latest Summary from S&P4/3/2008 4:35:22 AMSummary175globalstructured640756Hong KongReal Estate Management & DevelopmentAsiaEmerging MarketsLatin AmericaReal Estate CompaniesGlobal IssuersStructured FinanceCorporationsSummaryThe rating on Sun Hung Kai Properties Ltd. (SHKP) reflects the company's leading position in property development in Hong Kong, its substantial recurring rental income, and its experienced and prudent management team, which helps the company to maintain a modest financial profile and strong liquidity. These strengths are partly offset by its recent acceleration of expansion in China, which is a riskier market than Hong Kong. SHKP's business risks and capital expenditure requirements have increased for the next three years because of its greater exposure to China. But these risks are tempered by the company's prudent approach to building up a portfolio of recurring income properties--similar to its successful strategy in Hong Kong--its track record of good execution, and strongHKG86676H40403010 404030 4040 40Sun Hung Kai Properties Ltd.129273ASIAEMERGINGLATAMERICA16@HKSUMMARYGLOBISSSTRUCCORPRECCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/631319spcred/631319normThe latest News from S&P2/19/2008 4:39:47 AMNews100globalstructured631319Hong KongReal Estate Management & DevelopmentAsiaEmerging MarketsLatin AmericaGlobal IssuersStructured FinanceCorporationsReal Estate CompaniesNewsHONG KONG (Standard&Poor's) Feb. 19, 2008--Standard&Poor's Ratings Services said today that the temporary leave of absence of the chairman and chief executive of Sun Hung Kai Properties Ltd. (A/Stable/--), Mr. Kwok Ping-Sheung, has no impact on the rating on the company. In addition, Standard&Poor's expects it will have no impact on the company's strategy and operations.HKG86676H40403010 404030 4040 40Sun Hung Kai Properties Ltd.129273ASIAEMERGINGLATAMERICA16@HKNEWSGLOBISSSTRUCCORPRECCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/fitch/402051_pr_framefitch/402051_pr_framehtmlFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Sun Hung Kai Properties Ltd.The Wharf (Holdings) Limited80639619832732611/17/2008 10:05:00 AM01000000010300000103180075Press Release164402051_pr_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/spcred/98308spcred/98308normThe latest News from S&P12/24/2007 2:50:03 AMNews100globalstructured98308Hong KongReal Estate Management & DevelopmentAsiaEmerging MarketsLatin AmericaGlobal IssuersStructured FinanceCorporationsReal Estate CompaniesNewsHONG KONG (Standard&Poor's CreditWire) March 29, 1999--Standard&Poor's today assigned its single-'A' rating to the two-year 8% HK$1 billion fixed-rate notes issued under the US$500 million Euro medium-term note program of Sun Hung Kai Properties (Capital Market) Ltd. and Sun Hung Kai Properties Capital Market (HK) Ltd. The program is guaranteed by Hong Kong-based Sun Hung Kai Properties Ltd., which is rated single-'A' by Standard&Poor's. The ratings reflect Sun Hung Kai Properties Ltd.'s strong business position in Hong Kong's property market, its seasoned and conservative management, and its adequate financial profile. These strengths mitigate the company's exposure to the high volatility of the property business in Hong Kong, which is experiencing contracting margins amid aHKG86676H40403010 404030 4040 40Sun Hung Kai Properties Ltd.129273ASIAEMERGINGLATAMERICA16@HKNEWSHKG40403010 404030 4040 40Sun Hung Kai Properties (Capital Market) Ltd.Sun Hung Kai Properties Capital Market (HK) Ltd.331789331787ASIAEMERGINGSUNHUNGLOBISSSTRUCCORPRECCredit & Investment ResearchS&P Credit Research