Ji Haipeng (Chinese: 纪海鹏), or Kei Hoi Pang in Cantonese, is the chairman and CEO of Logan Property Holdings, a company 85% owned by his daughter, Perenna Kei, who has a net worth of US$1.3 billion.^[1]

In May 2010, Logan Property was incorporated in the Cayman Islands, with Kei as the sole shareholder.^[2] Over the following years, Kei became the majority shareholder, using various British Virgin Islands holding companies and a family trust which she started in Guernsey.^[2]

Ji is a Chinese citizen, and in China, holding in any offshore company must be declared and taxes paid on any dividends, but Kei became a Hong Kong resident in 2012, where ownership of offshore companies does not need to be declared to China and their dividends are not taxed.^[2] She is also a citizen of Saint Kitts and Nevis.^[1]

Ji lives in Shantou, in Guangdong province, and Logan Property is headquartered in Shenzhen.^[1]

References