He has owned the property since 1998 when he paid $9.5m. It has five bedrooms, five bathrooms and an eight-car garage. To explore Shimao Property Holdingss full profile, request access. Property records show numerous building extensions have been made but it not known what the property is worth. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Good, now lets return out to Australian ownership, never to be sold to offshore interests again. Billionaire Hui Wing Mau keeps a low profile, but the chairman of Hong Kong-listed Shimao Property Holdings is named in the Panama Papers. China Property Plunge Worsens as Shimao Deal Raises 'Red Flag' Your status will be reviewed by our moderators. Shimao Group Holdings, formerly Shimao Property, is a large real estate developer in China. The delegates, among them China Evergrande Group's Hui Ka-yan, Shimao Group Holdings' Hui Wing-mau and Zhenro Property's Ou Zongrong, still have not reached any consensus with their creditors on . It's also been previously reported that Queensland National Party senator Barry O'Sullivan was listed in the Offshore Leaks, although no wrongdoing was uncovered. Personalised advertising: We show you more relevant advertising based on your activity. Shimao Property (0813.HK) - Total liabilities Picture: James Croucher. View 813.HK financial statements in full. Sai Hui is 43, he's been the President and Executive Vice Chairman of the Board of Shimao Property since 2019. The acquisition drive by Chinese companies in Australia is driven at least in part by demand for overseas housing among Chinas upper classes. Just last month a developer owned by Chinas richest man, Wang Jianlin, announced plans to invest up to $1.57 billion into Australian projects, starting with a $1 billion hotel in Surfers Paradise. He's among a number of Chinese billionaires listed. Picture: The Australian. Pulau Properties owned by the Lee Foundation and members of the Lee family that founded OCBC Bank is selling three pairs of semi-detached houses on a freehold site in Coronation Road West for S$43.18 million ($31.6 million).
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