Shun Tak Holdings
Encyclopedia
Shun Tak Holdings Limited (信德集團有限公司) is a public company incorporated in 1972. It has been one of the constituents of the Hang Seng Hong Kong MidCap Index since 11 September 2006.

The company's founder and executive chairman is Stanley Ho
Stanley Ho
Stanley Ho, GBM, GLM, GBS, GML, OBE , also known as Ho Hung Sun, Stanley Ho Hung Sun, is an entrepreneur in Hong Kong and Macau. Ho is sometimes nicknamed "The King of Gambling", reflecting the government-granted monopoly he held of the Macau gambling industry for 40 years...

. His daughter Pansy Ho
Pansy Ho
Pansy Catalina Ho Chiu-king is the daughter of Hong Kong and Macau-based businessman Stanley Ho, and the managing director of various companies he founded, including Shun Tak Holdings and the Sociedade de Turismo e Diversões de Macau....

 serves as managing director with two of his other daughters, Daisy Ho Chiu-fung and Maisy Ho Chiu-ha, as executive directors as well as David Shum.

The company is active in shipping, property, hospitality and investments businesses. Its shipping division, operating under the name of TurboJET
TurboJET
TurboJET is the brand name for the operations of the Hong Kong-headquartered Shun Tak-China Travel Ship Management Limited , which was established from the joint venture between Shun Tak Holdings Limited and China Travel International Investment Hong Kong Limited in July 1999...

, operates ferry services between Hong Kong and Macau.

Until late 2010, Stanley Ho controlled the company. An 11.55 per cent stake in Shun Tak was transferred by Ho to Hanika Realty, a company controlled by second wife Lucina Laam and his five children with her. The transfer made Hanika Shun Tak's biggest single shareholder.
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