Sun Hung Kai says ex-chairman Walter Kwok arrested and on bail

Sun Hung Kai Properties Ltd said on Friday that former chairman Walter Kwok has informed the company that he was arrested on May 3 in conjunction with a corruption investigation and has been released on ...

HONG KONG (Reuters) - More than $5 billion

HONG KONG (Reuters) - The two billionaire co-

HONG KONG (Reuters) - The two billionaire Kwok brothers who run Sun Hung Kai Properties and three other men arrested in a bribery scandal involving Asia's biggest developer renewed their bail on Monday as Hong Kong's highest-profile graft investigation saps shareholder confidence in the conglomerate. Thomas and Raymond Kwok, co-chairmen of Sun Hung Kai, which owns the International Commerce Centre (ICC), the city's tallest building, appeared briefly at the Independent Commission Against Corruption's (ICAC) headquarters. ...

HONG KONG (Reuters) - Thomas Kwok, one of the billionaire co-chairmen that run Sun Hung Kai Properties , returned to Hong Kong's anti-corruption agency on Friday as a bribery investigation surrounding Asia's largest developer continues. Kwok was accompanied by his legal team, Reuters reporters outside the headquarters of the Independent Commission Against Corruption (ICAC) said. Thomas Kwok, Raymond Kwok, the company's other chairman, and Rafael Hui, the former head of the city-state's civil service, were due to make bail appearances almost four months after the first arrest in the case. ...