Lee Shau-Kee’s Sons Get Control of $10 Billion Henderson Stake
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The two sons of the late Hong Kong billionaire Lee Shau-Kee now control their father’s $10 billion stake in property firm Henderson Land Development Co., according to new filings.
Peter Lee Ka-Kit, 61, and Martin Lee Ka-Shing, 53, who have been co-chairmen of the company since 2019, appear as equal controllers of the shares through three different vehicles, according to filings to the Hong Kong stock exchange. The documents don’t specify whether they’re the sole beneficiaries of the trust that holds their father’s stake.