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Chinachem
Chinachem Group () is a corporate group established in Hong Kong by Teddy Wang's father Wang Din Sin (王廷歆). The early years of the group were dedicated to exploration of and investment in agricultural projects and chemicals. In the 1960s, the Group shifted its focus to the property development, and has been one of the largest property developers in Hong Kong since mid-1970s. After Teddy Wang's kidnapping and disappearance in 1990, his wife Nina Wang took over the company as the "Chairlady" and built it into a major property developer, making her the richest woman in Asia. After the death of Nina Wang, her brother Kung Yan-sum has been serving as the Acting Chairman of the Group. Property and hotels The Chinachem Group has built over 300 tower blocks in Hong Kong, the most famous of which is Nina Tower, in Tsuen Wan Tsuen Wan (formerly also spelled Tsun Wan) is a town built on a bay in the western New Territories of Hong Kong, opposite of Tsing Yi Island acro ...
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Chinachem
Chinachem Group () is a corporate group established in Hong Kong by Teddy Wang's father Wang Din Sin (王廷歆). The early years of the group were dedicated to exploration of and investment in agricultural projects and chemicals. In the 1960s, the Group shifted its focus to the property development, and has been one of the largest property developers in Hong Kong since mid-1970s. After Teddy Wang's kidnapping and disappearance in 1990, his wife Nina Wang took over the company as the "Chairlady" and built it into a major property developer, making her the richest woman in Asia. After the death of Nina Wang, her brother Kung Yan-sum has been serving as the Acting Chairman of the Group. Property and hotels The Chinachem Group has built over 300 tower blocks in Hong Kong, the most famous of which is Nina Tower, in Tsuen Wan Tsuen Wan (formerly also spelled Tsun Wan) is a town built on a bay in the western New Territories of Hong Kong, opposite of Tsing Yi Island acro ...
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Nina Wang
Nina Wang, born Kung Yu Sum () 29 September 1937 – 3 April 2007) was Asia's richest woman, with an estimated net worth of US$4.2 billion at the time of her death. She was the widow of Hong Kong chemical magnate Teddy Wang, who was kidnapped and disappeared in 1990. Early life Kung Yu Sum was born in Shanghai to parents from Wenzhou, and was a childhood playmate of Teddy Wang, whose father Wang Din-shin, a Wenzhounese businessman, established a paint and chemical business. The Wangs moved to Hong Kong, and the business became the Chinachem Group, eventually one of Hong Kong's largest and most powerful companies based on a lucrative pharmaceutical division. In 1948, when she was 11 and he 15, they renewed their friendship, and in 1955 they married. Nicknamed "Little Sweetie" ("Siu Tim Tim" or "小甜甜" in Cantonese), she was noted for her two pigtails and her love of dressing in traditional Chinese dresses. At the time of her death, she was the richest woman in Asia and the ...
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Nina Tower
Nina Tower is a twin tower of 80-storey and 42-storey high-rise buildings in Tsuen Wan, New Territories, Hong Kong near Tsuen Wan West station. The tower was designed to be the tallest tower in the world at . However, due to its location near Chek Lap Kok Airport, the height was restricted to the current . The owner of Chinachem Group later changed her plan and broke it into two towers. The lower is known as Nina Tower, symbolising the late Nina Wang or Kung Yu Sum natively, the owner of Chinachem Group; the higher is Teddy Tower, symbolising her husband Teddy Wang, who was kidnapped and has since disappeared. Despite the different tower names, the whole development is called Nina Tower. The complex is home to a 1608-room premium hotel, Nina Hotel Tsuen Wan West, office space, shopping mall and convention & event space. Sky Lobby is located at the 41st floor which connects the 2 towers. The head office of Chinachem Group and Nina Hospitality Company Limited are located ...
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Kung Yan-sum
Dr. Kung Yan-sum, (; born in 1943 in Shanghai), is the younger brother of Nina Wang Kung Yu-sum, the former Asia's richest woman and the late chairman of Chinachem Group, one of the biggest privately held property developer in Hong Kong. He is a doctor and he has a private clinic in Hong Kong Garden, Tsing Lung Tau, Tsuen Wan Tsuen Wan (formerly also spelled Tsun Wan) is a town built on a bay in the western New Territories of Hong Kong, opposite of Tsing Yi Island across Rambler Channel. The market town of Tsuen Wan emerged from the surrounding villages and flee .... Since his sister's death in 2007, he has been temporarily in charge of managing Chinachem Group. He is representing Chinachem Group to fight a legal battle against Tony Chan Chun Chuen, a Fung Shui master who claimed he was the sole beneficiary of Nina's fortune. References * Teddy Wang: brother-in-law of Kung Yan-sum * Nina Wang: sister of Kung Yan-sum {{DEFAULTSORT:Kung, Yan-Sum 1943 birth ...
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Teddy Wang
Teddy Wang Teh-huei (; 9 September 1933 – missing since 10 April 1990) was a Chinese people, Chinese businessman and founder of the Chinachem Group who was kidnapped for ransom in 1990, and later declared legally dead. His wife, Nina Wang later launched a lengthy legal battle over her husband's last will and testament, will. Life and career Teddy Wang was born in Shanghai, Republic of China (1912-1949), China to Wenzhounese parents, the son of paint and chemical business proprietor Wang Din-shin. He was a childhood playmate of Kung Yu Sam (Nina Wang). In 1948, when she was 11 and him being 15, they renewed their friendship, and they married in 1955. The Wangs moved to Hong Kong, and the business became the Chinachem Group, eventually becoming one of the territory's largest and most powerful companies due to its lucrative pharmaceutical division. Kidnapping and death in absentia Wang was abducted on 12 April 1983, when his Mercedes-Benz was hijacked. He was taken away and cha ...
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Tsuen Wan
Tsuen Wan (formerly also spelled Tsun Wan) is a town built on a bay in the western New Territories of Hong Kong, opposite of Tsing Yi Island across Rambler Channel. The market town of Tsuen Wan emerged from the surrounding villages and fleets of fishing boats in the area. The now-crowded city is around the present-day Tsuen Wan station of the MTR. Its coastline was further extended through land reclamation. History According to the report of Hong Kong archaeological society, there were people settled in Tsuen Wan as early as two thousand years ago. In earlier days, it was known as Tsin Wan (淺灣) which means shallow bay, and later renamed to Tsuen Wan. Another name ''Tsak Wan'' (賊灣, Hakka dialect pronunciation: tshet wan), pirate bay, indicates the presence of pirates nearby long ago. In fact, the area around Rambler Channel was known as Sam Pak Tsin (三百錢), literally meaning three hundred coins. There was a legend that pirates would collect three hundre ...
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Property Developers In Hong Kong
Since the British colonialisation in 1841 after the First Opium War, Hong Kong has grown from a stony outcrop on the southern coast of China to a territory whose property prices are among the highest in the world. The territory has a land mass of . According to government figures as at 2018, most of the land in Hong Kong is woodland, shrubland and grassland – much of which designated as country parks such as Lion Rock, Plover Cove Country Park and Sai Kung East Country Park, and only approximately 25% of the land mass out of the total territory is classed as "built-up". Most of the 7.3 million people in Hong Kong inhabit an area measuring . Excluding rural settlement housing, which represents 7% of the city's total domestic households, the remainder of the population is effectively squeezed into an area of . Property developers play a direct role in housing in Hong Kong, including the hoarding of approximately of agricultural land which could otherwise be used for housing. Major ...
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Conglomerate Companies Established In 1974
Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Conglomerate (record label), a hip hop label founded by Busta Rhymes * The Conglomerate (Australian group), a jazz quartet See also * Conglomerate Ridge, in the Ellsworth Mountains, Antarctica * ConGlomeration (convention) ConGlomeration was an annual multigenre convention held in or around Louisville, Kentucky between 2001 and 2019. ConGlomeration was an all-volunteer non-profit organization which, as part of its convention programming, conducted charitable activ ...
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Land Developers Of Hong Kong
Land, also known as dry land, ground, or earth, is the solid terrestrial surface of the planet Earth that is not submerged by the ocean or other bodies of water. It makes up 29% of Earth's surface and includes the continents and various islands. Earth's land surface is almost entirely covered by regolith, a layer of rock, soil, and minerals that forms the outer part of the crust. Land plays important roles in Earth's climate system and is involved in the carbon cycle, nitrogen cycle, and water cycle. One-third of land is covered in trees, 15% is used for crops, and 10% is covered in permanent snow and glaciers. Land terrain varies greatly and consists of mountains, deserts, plains, plateaus, glaciers, and other landforms. In physical geology, the land is divided into two major categories: mountain ranges and relatively flat interiors called cratons. Both are formed over millions of years through plate tectonics. A major part of Earth's water cycle, streams shape the landscap ...
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Conglomerate Companies Of Hong Kong
Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Conglomerate (record label), a hip hop label founded by Busta Rhymes * The Conglomerate (Australian group), a jazz quartet See also * Conglomerate Ridge, in the Ellsworth Mountains, Antarctica * ConGlomeration (convention) ConGlomeration was an annual multigenre convention held in or around Louisville, Kentucky between 2001 and 2019. ConGlomeration was an all-volunteer non-profit organization which, as part of its convention programming, conducted charitable acti ...
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HK Nina Tower 200803
Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta in South China. With 7.5 million residents of various nationalities in a territory, Hong Kong is one of the most densely populated places in the world. Hong Kong is also a major global financial centre and one of the most developed cities in the world. Hong Kong was established as a colony of the British Empire after the Qing Empire ceded Hong Kong Island from Xin'an County at the end of the First Opium War in 1841 then again in 1842.. The colony expanded to the Kowloon Peninsula in 1860 after the Second Opium War and was further extended when Britain obtained a 99-year lease of the New Territories in 1898... British Hong Kong was occupied by Imperial Japan from 1941 to 1945 during World War II; British administration resumed ...
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Corporate Group
A corporate group or group of companies is a collection of parent and subsidiary corporations that function as a single economic entity through a common source of control. These types of groups are often managed by an account manager. The concept of a group is frequently used in tax law, accounting and (less frequently) company law to attribute the rights and duties of one member of the group to another or the whole. If the corporations are engaged in entirely different businesses, the group is called a conglomerate. The forming of corporate groups usually involves consolidation via mergers and acquisitions, although the group concept focuses on the instances in which the merged and acquired corporate entities remain in existence rather than the instances in which they are dissolved by the parent. The group may be owned by a holding company which may have no actual operations. In Germany, where a sophisticated law of the " concern" has been developed, the law of corporate group ...
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