02-MAR-1990 19:44
GOVERNMENT SECRETARIAT.
852 521 7058
P.35
CONFIDENTIAL
KWOK Hok-nin
Principal Title : Director, Shangri-la Hotel
Estimated Wealth : HK$ 8 billion
Distribution of Assets :
Mr. Kwok is the principal shareholder of the Shangri-la
Hotel in Hong Kong.
le holde 36% of Television Broadcasts Ltd. and HK-TVB Ltd. In 1989, he sold 19 million shares of Television Broadcasts Ltd. and HK-TVB Ltd. realizing more
than $300 million in cash.
Mr. Kwok's family also owns half of the development rights of the CITIC Centre in Beijing, and is engaged in sugar trade and owns many properties in Singapore.
CONFIDENTIAL'
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