ARA Asset Management

[d.o.g.]

Why do you think CK would want to share such a profitable business with John Lim and ARA, and not set up their own asset management business, just like capitaland / keppel land? They can probably list their own reit vehicles and not rely on ARA?

Good question. I couldn't get a straight answer either when I talked to some folks at Cheung Kong. Probably only the close associates of John Lim and Li Ka-Shing would know - and I doubt they would tell anybody.