31 March 2014. However, Chow Tai Fook Enterprises decreased its holdings to 4.89% as of April 2018. In 1999, it was alleged that the Chow Tai Fook group's Tai Fook Securities division had lowered its commission rate below the Stock Exchange of Hong Kong's minimum, through a gift scheme from Chow Tai Fook Jewellery and New World Telephone. Links to Organized Crime In 2015, the Queensland government regulators approved Chow Tai Fook's involvement with the $3.5 billion Queen's Wharf, Brisbane casino through their investment in Star Entertainment Group; in 2022, a The Weekend Australian's investigative report wrote they had found that the officials let them win the deal despite being aware of Chow Tai Fook's likely links to traid groups, the ABC News (Australia) then looked into it further, reporting that Chow Tai Fook Enterprises (CTFE) has been linked to Chinese organized crime for decades, but the officials they had reached claimed that they were not aware of this at the time of the afore-mentioned approval. According to those news reports, Chow Tai Fook ran various joint ventures in the gambling industry with high profile figures Ho Hung Sun, Wan Kuok Koi and Chau Cheok Wa, where Wan and Chau were both boss characters of the Chinese gangster group 14K - the ones in Macau would hire members of not only 14K, but also those of Sun Yee On, to collect debts. The Queensland government subsequently found Star unsuitable to hold a casino license following an investigation into money laundering, and ordered further investigation into CTFE's ties to organized crime and how they were approved for a casino license. Organization chart Chow Tai Fook Capital Chow Tai Fook (Holding) Chow Tai Fook Enterprises Goshawk Aviation (50-50 joint venture with NWS Holdings) Rosewood Hotel Group New World Hotels & Resorts Pentahotels (sold?) Rosewood Hotels & Resorts Alinta Energy Loy Yang B power station Yunnan Jinggu Forestry CTF Holdings Limited Mediastar International International Entertainment Corporation (sold) New World Development New World China Land New World Department Store China New World Hotels (Holdings) New World Telephone Holdings New World Telecommunications (sold) NWS Holdings NWS Transport Services Citybus (sold) New World First Bus (sold) New World First Ferry (sold) Hip Hing Construction SUEZ NWS Limited (joint venture with Suez Environnement, formerly known as Sino-French Holdings (Hong Kong) Limited) Sino-French Energy Development (sold) Companhia de Electricidade de Macau (sold) Macao Water Chow Tai Fook Jewellery