CABC Homepage
New Customer | Sign In
List of Popular Cases Newly Released Cases Faculty of Business and Economics Institutional Users Home Site Map
Advanced Search
Topic Index
Industry & Company Index
Most Popular Cases
Newly Released Cases
SME Cases Series
China Cases Series
India Cases Series
IT Industry Transformation Series
Cases in Chinese
Cases in Other Languages
Project SARS Rebound
Case Details:
Email to a friend
Sino Land: Hotel Spin-off (A)  
Product Ref: 98/23C Company: Sino Land

Product Type: Case Industry: Hotels, Restaurants, Leisure
Real Estate

Related Product(s): Teaching Note
Authors: Ko Wang   Su Han Chan   Probir Banerjee
In early 1995, Sino Land, the best known second tier property developer in Hong Kong, was studying the possibility of a spin-off of its hotels and hospitality division into a separately listed firm. Sino Land initially concentrated on property and began hotel operations in 1985 while expanding into China in 1989. Under the proposed de-merger, the new holding vehicle, Sino Hotels (Holdings), would inherit equity interests in a number of hotels and restaurants. It was also scheduled to list on the Hong Kong Stock Exchange after elevation of Sino Land to a blue chip Hang Seng Index constituent stock on 28 February, 1995. The case looks at the rationale and the timing of the spin-off and investigates whether the event resulted in an increase in Sino Land's stock market value and improvements in its business.
Functional Area : Finance & Investments
Human Resource Management

Issues: Restructuring, Spin-Off
Length: 22 pages Country: Hong Kong SAR

Pub. Year: 1999 Level of Difficulty: 1
This product type is available in the following language(s):      English
Related Information: Sino Land - Hotel Spin-off (B) is a logical progression from the (A) case.
This case is UGC funded.
Order This Item
Type Language Quantity * Unit Price
Case (98/23C) HK$58 / US$7.5
* Order quantity should include copies that you plan to make
   for class use or distribute for other purposes.
   You will not be shipped hard copies for cases.