Tuesday, December 1, 2015   

Hui bonus paid 'to avoid miserly image'
(06-10 13:07)

The High Court has heard that the co-chairman of Sun Hung Kai Properties, Raymond Kwok Ping-luen, paid a hefty bonus to former chief secretary, Rafael Hui Si-yan, so the company wouldn't appear 'miserly'.
The prosecution at their corruption trial said Kwok had told the ICAC that he gave more than HK$4-million as a bonus after Hui ended his consultancy contract early.
Kwok said this was to avoid giving the impression that the property developer was "miserly, mean-spirited, and down-right ungrateful". --RTHK   
Other Hong Kong breaking news:
Retail sales slide continues in October (11-30 19:36)
Financial Services chief expects yuan milestone (11-30 19:32)
MTRC proposes HK$19.5b special dividend (11-30 19:12)
Activists decry death penalty (11-30 15:52)
Tom Jones returns for one more evening (11-30 13:37)
Hongkong Post stands by HK$180m overtime overkill (11-30 12:59)
Traders and food businesses rake in HK$5.2 trillion (11-27 17:36)
Villagers and developer convicted for village house scam (11-27 16:59)
Mainlander who laundered HK$2.5b jailed (11-27 16:20)
Leung Kwok-hung ejected from Legco lunch (11-27 16:18)

More breaking news >>

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