Dubai Sheikh Ali Al Maktoum issues third statement in 4 days, reaffirms plan to open US$500 million Hong Kong family office
- Sheikh Ali Rashed Ali Saeed Al Maktoum’s family office reiterates opening ceremony has been postponed until the end of May
- CEO Eleanor Jane Mak says operation of sheikh’s family office to ‘proceed as planned’, with Maktoum to return to Hong Kong at end of May
A Dubai prince who abruptly postponed an inauguration ceremony of his US$500 million family office in Hong Kong has issued a third statement in four days to reiterate his commitment to proceed with the plan.
Monday’s statement from the family office of Sheikh Ali Rashed Ali Saeed Al Maktoum largely echoed one of two published on Friday.
It reiterated the opening ceremony for the prince’s family office had been postponed until the end of May, when Maktoum would make a return visit to the city.
“It has been confirmed that the operation of the sheikh’s family office in Hong Kong will proceed as planned,” said Eleanor Jane Mak, the office’s vice-chairman and CEO.
“It is merely the inauguration ceremony that has been planned and will now be postponed until the sheikh comes to Hong Kong again at the end of May.”
The ceremony was abruptly postponed last week, with the office at the time saying the sheikh had “some urgent unexpected private matters” in the United Arab Emirates. It did not elaborate further on the situation.