HONG KONG: Sun Hung Kai Properties tapped two family members as the long-awaited “Plan B” for the company's top management after Hong Kong's anti-corruption agency charged its co-chairmen in a HK$34mil (US$4.4mil) bribery scandal.
Co-chairmen Thomas and Raymond Kwok, Hong Kong's second richest men after Li Ka-shing, elevated two of their sons as stand-in directors of the world's second largest developer and promoted two other executives to support the chairmen while they defend themselves against the charges.
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