SCMP Group

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The SCMP Group (South China Morning Post) (SEHK: 0583) is a publishing group in Hong Kong.[1]

SCMP publishes the South China Morning Post, a daily English-language newspaper in Hong Kong, and Hong Kong editions of Cosmopolitan, CosmoGirl and Harper's Bazaar. It formerly operated a chain of convenience stores, Daily Stop, at MTR and KCR stations and in shopping malls before selling the stores to 7-Eleven.

History

In 1903, SCMP Group Limited was founded.[2]

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. As of December 2011, its subsidiaries included Coastline International Limited, Lyton Investment Limited, Mai Xin Advertising Communications (Beijing) Co., Ltd., Recruitment Consulting Networks Limited, SCMP Magazines Publishing (HK).[3]

References

  1. ↑ "583 Profile & Executives - SCMP Group Ltd - Bloomberg". bloomberg.com. Retrieved 18 October 2012. 
  2. ↑ "SCMP GROUP LTD (583:Hong Kong): Company Description - Businessweek". investing.businessweek.com. Retrieved 18 October 2012. 
  3. ↑ "SCMP Group Ltd (0583.HK) Company Profile | Reuters.com". reuters.com. Retrieved 16 November 2012. 

See also


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