Sing Tao Holdings Limited was a Bermuda-incorporated company, but headquartered in Hong Kong. The company was listed in The Stock Exchange of Hong Kong. The company was a media and property conglomerate until it was dismantled in 2002. After selling the main media business and subsequent takeover in mid-2002, the legal person of the listed company, along with its property business, was renamed into Shanghai Ming Yuan Holdings. Sing Tao Holdings and its predecessor Sing Tao Limited were majority owned by founder Aw Boon Haw, his daughter Sally Aw and other family members for almost 50 years. Facing financial troubles, Sally Aw sold the controlling stake to a private equity fund of Lazard in 1999. It was then acquired by Charles Ho's listed company Global China Technology Group in January 2001. However, in mid-2002 it was re-sold to a Chinese private company Ming Yuan Investment Group, but excluding Sing Tao's main business: newspaper (as Sing Tao Media Holdings) as well as a hotel in Canada. In February 2020, the wholly owned subsidiary in Australia was liquidated with over 20 long serving staff made unemployed without notice and their entitlements not paid by the company. Newsagents were pursued for unsold newspapers and not credited for returns. Around 1991, the group also owned a travel agency, a medical centre, a recording studio and a pharmaceutical company. History Predecessor A family-held publisher The predecessor of Sing Tao Holdings as a parent company of Sing Tao Group, was Sing Tao Limited, which was incorporated on 22 October 1951 as Sin Poh Amalgamated (H.K.) Limited. It replaced "Sing Tao Jih Pao Limited" as the parent company of the group, which the latter was incorporated on 29 June 1938. It was renamed to Sing Tao Newspapers Limited on 27 May 1972 and Sing Tao Limited on 13 February 1986. At first, the main business of the company was the publisher of Sing Tao Daily () and Sing Tao Wan Pao (). According to the Annual Return filed to the Hong Kong Company Registries in 1952, Aw Boon Haw owned 630 out of 1500 shares of the company; other shareholders were his sons (Aw Kow () 60; Aw Swan (), 60; Aw It Haw () 100; Aw Sze Haw () 100), daughters (Sally Aw and Aw Sing () 60 each), nephews (Aw Cheng Chye (), and Aw Cheng Taik (), 60 each) and grandson, daughters and third