Ethical Investing.

The following is a piece of news that delights me. The richest man in Asia is an ethical investor same as me.

HONG KONG (XFN-ASIA) - Hong Kong businessman Li Ka-shing may sell his stake in Suntec Singapore International Convention and Exhibition Center if the company's plan to participate in a bid for the casino-resort project in Singapore proceeds, The Standard said, citing sources close to Li.

Suntec Singapore has signed an agreement with the joint venture between Harah's Entertainment and Keppel Land to develop the casino-resort project, the report said.

Li, chairman of Hong Kong's largest property developer Cheung Kong (Holdings), will sell "over 10 pct stake" in Suntec Singapore as he does not want to be linked to any gambling business, the sources said.

leonora.walet@xfn.com

lw/net MMMM