Staff reporter
The Kho family from the Philippines has established a family office in Hong Kong, as is looks to expand in China.
Established by the Chinese Kho family in 1983, The Kho Group, or TKG, has diversified investments in the mainland and Southeast Asia, with businesses covering the supply of natural resources, shipping, land and property, high-end retail and investment management.
Invest Hong Kong's global head of family office Jason Fong Chin-kong welcomed the Kho family, saying it reaffirms Hong Kong's "pivotal role" within the global financial ecosystem and will absorb more international capital influx.
TKG executive vice president James Fok said the company aims to build closer partnerships with family offices and drive business growth and innovation through the new platform in Hong Kong.
The group has been focusing on natural sand, with the announced or potential partners in the mainland including China Communications Construction (1800), China Railway Construction Corporation (1186) and China Resources Cement, according to mainland media.
Kitson Kho and Luis Kho are the co-founders of TKG, according to the company's website. Their father Joseph Kho, however, is not mentioned.
James Fok, left, with Jason Fong and TKG executive assistant Maggie Lai.
