NWS Holdings
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NWS Holdings
NWS Holdings Limited () is the conglomerate flagship of New World Development. It was established in 2002 when its predecessor, Pacific Ports Company Limited, acquired New World Services Limited from New World Development and the infrastructure assets from New World Infrastructure Limited. The company is headed by Henry Cheng, the elder son of Dr Cheng Yu-tung, the chairman of New World Development. The company invests and operates a wide range of businesses predominantly in Hong Kong and the Mainland. Business includes toll roads, construction and insurance, while they also manage a strategic portfolio spanning sectors from logistics to facilities management. Business units include: Construction: Hip Hing Construction Insurance: FTLife Logistics : ATL Logistics Centre Facilities Management: the management of Hong Kong Convention and Exhibition Centre ; Free Duty, Gleneagles Hong Kong Hospital Before 2020, the company was involved in infrastructure and service busine ...
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Listed Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in Over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the Unit ...
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Mainland China
"Mainland China" is a geopolitical term defined as the territory governed by the People's Republic of China (including islands like Hainan or Chongming), excluding dependent territories of the PRC, and other territories within Greater China. By convention, the territories that fall outside of the Chinese mainland include: * Hong Kong, a quasi-dependent territory under PRC rule that is officially designated a " Special Administrative Region of the PRC" (formerly a British colony) * Macau, a quasi-dependent territory under PRC rule that is officially designated a "Special Administrative Region of the PRC" (formerly a Portuguese colony) * Territories ruled by the Republic of China (ROC, commonly referred to as Taiwan), including the island of Taiwan, the Penghu (Pescadores) islands in the Taiwan Strait, and the islands Kinmen, Matsu, and Wuqiu (Kinmen) offshore of Fujian. Overseas Chinese, especially Malaysian Chinese and Chinese Singaporeans, use this term to describe p ...
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Bravo Transport
Bravo Transport Services Limited (), simply Bravo Transport is a Hong Kong public transport company, which owns two of the city's bus operators Citybus (Hong Kong), Citybus and New World First Bus. Another subsidiary, Bravo Media, is the agency for the company's exterior and interior bus advertising concessions. The company is majority owned by private equity firm Templewater (through its subsidiary Templewater Bravo), with remaining shareholding held by Hong Kong-listed company :zh:漢思能源, Hans Energy and British bus company Ascendal Group. The CEO of Bravo Transport is Adam Leishman, the founder of Ascendal Group. Its slogan is "Connecting people and our city" (彼此連城一線). History Bravo Transport was set up as a consortium between Templewater (90.8%), :zh:漢思能源, Hans Energy (8.6%) and Ascendal Group (0.6%). Templewater is a private equity fund founded by Investec, Investec Bank and Cliff Zhang. Hans Energy is an energy company listed on the Hong Kong Stoc ...
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Sun Ferry
Sun Ferry Services Company Limited, formerly New World First Ferry Services (in short New World First Ferry, First Ferry or NWFF), is a ferry service company in Hong Kong. The company was established in November 1999, when it took over the eight licensed ferry routes transferred from Hongkong and Yaumati Ferry in January 2000. Background When the company commenced its service on 15 January 2000, it bought 14 ferries and rented seven hovercraft and catamarans from its predecessor. Since then it has introduced 10 fast vessels on Outlying Islands routes to phase out the rented vessels and to improve services. It used to have a subsidiary, New World First Ferry Services (Macau) (abbreviated New World First Ferry (Macau)), which operated a fast ferry service between Kowloon ( China Ferry Terminal in Tsim Sha Tsui) and Macau ( Hong Kong-Macau Ferry Pier). In 2011, it was sold to Shun Tak-China Travel Ship Management Limited, the owner of TurboJET. That subsidiary has now been ren ...
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New World First Bus
New World First Bus Services Limited (NWFB) is the third-largest bus operator in Hong Kong. Established by NWS Holdings and FirstGroup in September 1998, it took over 88 China Motor Bus services in Hong Kong Island. Since 2020 it has been a subsidiary of Bravo Transport which also owns Citybus. The NWFB brand will be retired on 30 June 2023 with operations merged into Citybus. History Before NWFB was established, franchised bus service in Hong Kong Island was provided by China Motor Bus (CMB) (franchisee since 1933) and Citybus (franchisee since 1991). In the early 1990s, the service levels of CMB were in decline. Therefore, the Government of Hong Kong started to introduce new competitors by transferring the franchise of CMB routes to other companies. As a result, Citybus became the second franchisee of the bus service on Hong Kong Island. Over 40 routes were transferred between 1991 and 1995. In spite of the loss of many profitable routes, the service of CMB did not show ...
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Citybus (Hong Kong)
Citybus Limited () is a bus A bus (contracted from omnibus, with variants multibus, motorbus, autobus, etc.) is a road vehicle that carries significantly more passengers than an average car or van. It is most commonly used in public transport, but is also in use for cha ... company which provides both franchised and non-franchised service in Hong Kong. The franchised route network serves Hong Kong Island, cross-Victoria Harbour, harbour routes (between Hong Kong Island and Kowloon/New Territories), North Lantau (Tung Chung and Hong Kong Disneyland), Hong Kong International Airport, Kowloon, New Territories, Shenzhen Bay Port and Hong Kong–Zhuhai–Macau Bridge Hong Kong Port. The non-franchised routes serve mainly City One Sha Tin. It also provides bus rental services and staff bus services for some large companies such as TVB and China Light and Power. From 1984 to 2001 the company offered a cross-border service between Hong Kong and Mainland China using mainly Leyla ...
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Transportation
Transport (in British English), or transportation (in American English), is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land (rail and road), water, cable, pipeline, and space. The field can be divided into infrastructure, vehicles, and operations. Transport enables human trade, which is essential for the development of civilizations. Transport infrastructure consists of both fixed installations, including roads, railways, airways, waterways, canals, and pipelines, and terminals such as airports, railway stations, bus stations, warehouses, trucking terminals, refueling depots (including fueling docks and fuel stations), and seaports. Terminals may be used both for interchange of passengers and cargo and for maintenance. Means of transport are any of the different kinds of transport facilities used to carry people or cargo. They may include vehicles, riding animals, and pack animals. Vehicl ...
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Finance
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asse ...
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NWS Engineering
NWS may refer to: *National Weather Service, a U.S. government agency charged with issuing weather forecasts, advisories, watches, and warnings on a daily basis *National Woolsorters' Society, a former British trade union *News Corporation's NASDAQ ticker symbol for Class B stock *NWS (TV station), a television station in Adelaide, South Australia *Nuclear Weapons State, a term relating to the U.S., Russia, China, United Kingdom and France in the Nuclear Non-Proliferation Treaty * Not work safe, a web acronym interchangeable with the more widespread NSFW ("not safe for work") *Netherlands Worldwide Students, a worldwide network of Dutch students enrolled in foreign universities *North Warning System, a series of radar stations across Arctic North America *Nintendo World Store, Nintendo's showcase store in New York City *NWS Holdings, a listed company in Hong Kong *North Wilkesboro Speedway, a track that was the site of NASCAR Sprint Cup Series racing until closing in 1996, the track r ...
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Facilities Management
Facility management or facilities management (FM) is a professional management discipline focused on the efficient and effective delivery of logistics and other support services related to real property and buildings. It encompasses multiple disciplines to ensure functionality, comfort, safety and efficiency of the built environment by integrating people, place, process and technology, as defined by the International Organization for Standardization (ISO). The profession is certified through Global Facility Management Association (Global FM) member organizations. History The term, "facilities management" was coined in the 1960s by IBM alumnus and Electronic Data Systems founder Ross Perot, in reference to network management of IT systems, and soon expanded to include all elements of commercial space management. Facility management as integral to the processes of strategic organizational planning was represented during a 1979 conference sponsored by Herman Miller. Following the ...
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Port
A port is a maritime facility comprising one or more wharves or loading areas, where ships load and discharge cargo and passengers. Although usually situated on a sea coast or estuary, ports can also be found far inland, such as Hamburg, Manchester and Duluth; these access the sea via rivers or canals. Because of their roles as ports of entry for immigrants as well as soldiers in wartime, many port cities have experienced dramatic multi-ethnic and multicultural changes throughout their histories. Ports are extremely important to the global economy; 70% of global merchandise trade by value passes through a port. For this reason, ports are also often densely populated settlements that provide the labor for processing and handling goods and related services for the ports. Today by far the greatest growth in port development is in Asia, the continent with some of the world's largest and busiest ports, such as Singapore and the Chinese ports of Shanghai and Ningbo-Zhou ...
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Water
Water (chemical formula ) is an inorganic, transparent, tasteless, odorless, and nearly colorless chemical substance, which is the main constituent of Earth's hydrosphere and the fluids of all known living organisms (in which it acts as a solvent). It is vital for all known forms of life, despite not providing food, energy or organic micronutrients. Its chemical formula, H2O, indicates that each of its molecules contains one oxygen and two hydrogen atoms, connected by covalent bonds. The hydrogen atoms are attached to the oxygen atom at an angle of 104.45°. "Water" is also the name of the liquid state of H2O at standard temperature and pressure. A number of natural states of water exist. It forms precipitation in the form of rain and aerosols in the form of fog. Clouds consist of suspended droplets of water and ice, its solid state. When finely divided, crystalline ice may precipitate in the form of snow. The gaseous state of water is steam or water vapor. Water co ...
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