Tag Archives: Forbes Asia

Hong Kong Billionaire Peter Woo's Wharf Reports 55% Rise In '12 Profit To Annual Record

By Russell Flannery, Forbes Staff

  Wharf Holdings, the flagship real estate business of Forbes Asia’s January cover figure Peter Woo, reported a 55% rise in profit for 2012 to HK$47 billion, or  $6 billion. The figure, which includes revaluation of its …read more
Source: FULL ARTICLE at Forbes Latest

Balvant Parekh, India's Fevicol Man, Dies

By Naazneen Karmali, Forbes Staff Balvant Parekh, chairman of Bombay Stock Exchange-listed Pidilite Industries, maker of the popular Fevicol brand of adhesives, died Friday. He was 88.  His 70% stake in Pidilite which he shared with his family, earned him a place among India’s richest. In October, the patriarch featured at Number 45 on Forbes Asia’s India Rich List with a family fortune of $1.36 billion.
Source: FULL ARTICLE at Forbes Latest

TSMC, Led By Forbes Asia's Businessman Of The Year, Says Profit Soared In 4th Qtr

By Russell Flannery, Forbes Staff Taiwan Semiconductor Manufacturing, whose chairman and CEO Morris Chang was selected as Forbes Asia’s businessman of the year in 2012, said today its fourth quarter net profit soared by 31.6% from a year earlier to NT$41.6 billion, or about $1.43 billion, amid healthy global demand for mobile products. TSMC, the world’s largest […]
Source: FULL ARTICLE at Forbes Latest

Chinese Interior Designer Gold Mantis Forges Alliance With HBA After Buying 70% Stake

By Russell Flannery, Forbes Staff Suzhou Gold Mantis, the Chinese interior design leader whose CEO Ni Lin made the cover of Forbes Asia in September, has formally forged a strategic alliance with Hirsch Bedner Associates after completing the purchase of a 70% stake in the California-based company at the end of last month for $75 […]
Source: FULL ARTICLE at Forbes Latest

Hong Kong Billionaire Peter Woo Talks About The Global Economic Outlook

By Russell Flannery, Forbes Staff In a cover interview in the new January issue of Forbes Asia, senior Hong Kong business leader Peter Woo talks about plans for his main business, Wharf, and sizes up the first several months of C.Y. Leung’s tenure as Hong Kong’s chief executive. (Click here for a link to our […]
Source: FULL ARTICLE at Forbes Latest

Peter Woo Discusses Lessons Learned From Y.K. Pao And His Own Succession Plans

By Russell Flannery, Forbes Staff In a cover interview in the new January issue of Forbes Asia, senior Hong Kong business leader Peter Woo talks about future plans for his main business, Wharf, and sizes up the first several months of C.Y. Leung’s tenure as Hong Kong’s chief executive. (Click here for a link to […]
Source: FULL ARTICLE at Forbes Latest