SCMP Group
From Wikipedia, the free encyclopedia
The SCMP Group SEHK: 0583 is a publishing group in Hong Kong SAR, PRC. SCMP publishes:
- South China Morning Post - Hong Kong's English daily newspaper
- Hong Kong edition of Cosmopolitan, CosmoGirl and Harpar's Bazaar
- Automibile
It also ran a chain of convenience stores, Daily Stop, at MTR and KCR stations, and shopping malls, before selling it to 7-Eleven.
[edit] Corporate history
In November 1971, it was listed on the Hong Kong Stock Exchange. It was privatised by Rupert Murdoch's News Corporation in 1987, and relisted in 1990.
In October 1993, Robert Kuok's Kerry Group acquired a 34.9% stake in the SCMP Group from Murdoch's News Corporation. His son, Kuok Khoon Ean, took over as chairman at the end of 1997.