timeline for scmp
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Updated: 6 Sep 2017
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Created byAdeline Yu
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South China Morning Post Ltd was founded by Tse Tsan-tai and Alfred CunninghamThe first edition of the paper was publishedPeriods
From its founding, during the Qing dynasty until 1913, one year after the establishment of the Republic of China, it was known as the ‘South Qing Morning Post’.In 1913, its Chinese name was changed to the ‘South China Morning Post’, and has remained as such since then.In November 1971, it was listed on the Hong Kong Stock Exchange.It was privatised by News Corporation, owned by Rupert Murdoch.It is relisted in 1990.Malaysian tycoon Robert Kuok's Kerry Media bought the controlling interest – a 34.9 per cent stake .Robert Kuok's Kerry's son, Kuok Khoon Ean, took over as chairman at the end of 1997.Kuok launched a general offer for the remaining shares and increased his stake to 74 per cent .Sample of an long eventKuok Khoon Ean's sister, Kuok Hui Kwong, was named chief executive officer.It was delisted when the shares' free float fell below the required 25%.It was announced that Alibaba Group would acquire the media assets of the SCMP Group. The consideration is reported to be HK$2.06 billion.Alibaba Group announced it had taken down the paywall of its online version.
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