as well as the execution of the deal. In order to build the new Disneyland in Hong Kong a new non-recourse object‚ Hong Kong International Theme Parks Ltd (HKITP) was formed. While the owners supported the project with substantial amounts of equity Disney and Government as well as with subordinated debt Government‚ Disney had significant requirements for the financing portion of the remaining needed amount. Disney was looking to receive bank financing for this new object of HKD as a Delay Draw
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number of teenagers taking their own lives is increasing rapidly each year. Hong Kong was ranked 23rd out of 107 countries following suicides per 100‚000 per year in 2009. Together we can help prevent this devastating trend going on in our youth. We need to inform everyone of what the warning signs are of a teenager contemplating suicide. Once we have that recognized we can seek them the proper help they need. No one should feel as though they need to commit suicide for any reason. Is it really appropriate
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Why did Negroponte do what he did? Why was this necessary? The idea of One Laptop Per Child (OLPC) was born in 1999‚ as Professor Nicholas Negroponte was visiting a Cambodian rural village school previously established by him and his wife. By letting children play with some Panasonic “Toughbook” laptops‚ Negroponte experienced the power of change that could be brought about by laptops. He was impressed by how “it changed their lives in several ways‚ improving self-esteem and empowerment and fulfilling
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force. An expeditionary force was placed under Elliot and his cousin‚ Rear Admiral George Elliot‚ as joint plenipotentiaries in 1840. Foreign Secretary Lord Palmerston stressed to the Chinese Imperial Government that the British Government did not question China’s right to prohibit opium‚ but it objected to the way this was handled. He viewed the sudden strict enforcement as laying a trap for the foreign traders‚ and the confinement of the British with supplies cut off was tantamount to starving them
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Obesity in Hong Kong Introduction The problem of obesity in Hong Kong is a significant issue that the community as a whole is trying to arouse public awareness to it. According to the statistics provided by a research done by the Hong Kong Department of Health‚ the estimated percentage of overweight and obese of the whole population in Hong Kong are 17.8% and 21.2% respectively(Hong Kong Department of Health 2009). This report will elaborate more on the reasons for obesity and the suggest preventive
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collection of personal data as the business and technologies have been changing over time. In Hong Kong‚ Article 30 of the Basic Law states that ‘the freedom and privacy of communication of Hong Kong residents shall be protected by law.’ Furthermore‚ the Hong Kong Personal Data (Privacy) Ordinance (Cap 486) (PDPO) is the essential law that protects the privacy of the individuals regarding to personal data. It was enacted in 1995 and based upon the United Kingdom’s Data Protection Act 1984. Nevertheless
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high-flying rivalry Hong Kong may still be the dominant regional banking centre but Singapore is an ever more favoured location. When Thomas McMahon and his Indian backers were deciding where to locate an Asian commodities exchange‚ they turned initially to Hong Kong – attracted by its proximity to China and the mainland’s booming‚ commodity-hungry economy. Three years later‚ the exchange‚ a subsidiary of India’s Financial Technologies group is about to open – not in Hong Kong but nearly four hours
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tourism industry in Hong Kong further lost its lustre? For years‚ a huge amount of tourists from all over the world had flooded into the territory in search for Hong Kong¡¦s shoppers¡¦ and gourmets¡¦ paradise. However‚ recently‚ Hong Kong seems losing its edge in luring tourists. Hong Kong used to supply goods with cheap prices because of its simple tax system which charges low tax on almost every item except cigarette and alcohol. Because of that‚ clothes in Hong Kong are of good quality but
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JetStar Hong Kong 1. Jetstar Hong Kong is a proposed low fare airline‚ based at Hong Kong International Airport which plans to commence services in 2013.1 2. It will be formed as a strategic alliance between China Eastern Airlines and the Qantas Group. The two carriers will invest as much as $198 million‚ with each company holding a 50% share.1 3. It will initially serve short-haul routes to cities in China‚ Japan‚ South Korea and South East Asia.1 4. The business strategy of JetStar
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1. How would you value the Hong Kong Disneyland project from the perspective of Walt Disney? The valuation of Hong Kong Disneyland from the perspective of Walt Disney is done by taking the following assumptions: Cost of Capital = 9.52% Cost of Government Debt = 8.19% Cost of Commercial Bank Debt = 11.36% Cost of Equity = 12.3% (10 year average) Inflation = 7.31% (10 year average) Gross margin = 37% Operating Cost = 22% Variable Management Fee = 5% With the above assumptions the FCF
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