HONG KONG Feb 13 Thomas and Raymond Kwok, the
billionaire co-chairmen of Sun Hung Kai Properties Ltd
, had additional charges filed against them on Thursday
in a bribery investigation surrounding Asia's largest developer,
the company said on Thursday.
The Sun Hung Kai probe, Hong Kong's biggest corruption case
since its anti-graft agency was formed nearly 40 years ago,
involves one of Asia's most powerful families and the world's
second-largest property company with a market capitalization of
Thomas Kwok received an additional charge under the
anti-graft law, while two additional charges for conspiracy to
commit misconduct in a public office were laid against Raymond
Kwok, the company said in a statement on the Hong Kong stock
The case will not affect its business and operations, the
The Kwok brothers and Rafael Hui, the former head of Hong
Kong's civil service, were charged in August 2012 for offences
linked to bribery and misconduct in public office.
Two others have also been charged in the case including
Thomas Chan, the board member in charge of land purchases at Sun
Hung Kai Properties, and Francis Kwan, a former banker.
Shares in the company fell 0.2 percent on Thursday morning,
in line with a 0.3 percent fall in the benchmark Hang Seng Index
(Reporting By Yimou Lee; Editing by Matt Driskill)