Kowloon Development Company
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Kowloon Development Company
Kowloon Development Company Limited () (SEHK: 0034) is a property development company based and listed in Hong Kong. It focuses on the property development and investment sector. Kowloon Development is also a stakeholder of Polytec Asset Holdings Limited (SEHK: 0208). History In January 1961, the main stakeholder of Kowloon Motor Bus, Ng Siu Chan (), as well as William Sui-tak Louey () and other businessmen, founded Kowloon Development Company. The company started as a local developer mainly focusing on property development in Hong Kong. In 1982, the company founded a subsidiary, Golden Princess Amusement Co Ltd, in order to target a market segment in the local filming industry and open up its market and sales to public entertainment. In 1995, the company was listed on the main board of the Hong Kong Stock Exchange The Stock Exchange of Hong Kong (SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. As of the end of 2020, it has 2,53 ...
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Kowloon Development Logo
Kowloon () is an urban area in Hong Kong comprising the Kowloon Peninsula and New Kowloon. With a population of 2,019,533 and a population density of in 2006, it is the most populous area in Hong Kong, compared with Hong Kong Island and the rest of the New Territories. The peninsula's area is about . Location Kowloon is located directly north of Hong Kong Island across Victoria Harbour. It is bordered by the Lei Yue Mun strait to the east, Mei Foo Sun Chuen, Butterfly Valley and Stonecutter's Island to the west, a mountain range, including Tate's Cairn and Lion Rock to the north, and Victoria Harbour to the south. Also, there are many islands scattered around Kowloon, like CAF island. Administration Kowloon comprises the following districts: * Kowloon City *Kwun Tong * Sham Shui Po * Wong Tai Sin *Yau Tsim Mong Name The name 'Kowloon' () alludes to eight mountains and a Chinese emperor: Kowloon Peak, Tung Shan, Tate's Cairn, Temple Hill, Unicorn Ridge, ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (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 United Kingdom it is usually a public limited company (plc), i ...
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Kowloon Motor Bus
The Kowloon Motor Bus Company (1933) Limited (KMB) is a bus company operating franchised services in Hong Kong. It is the largest bus company in Hong Kong by fleet size and number of bus routes. It is a subsidiary of Transport International. Its slogan is ''Heartbeat of the City'' (Chinese: 城市脈搏) since 2017. Previously, it was ''Moving Forward Every Day'' (Chinese: 九巴服務 日日進步, literally ''KMB service improves every day''), which was introduced in 1985. History KMB was founded on 13 April 1933 as a result of the reformation of public transport by the Hong Kong Government. Before the reformation, there were several independent bus operators working on both sides of Victoria Harbour including KMB. The Hong Kong Government enforces the bus franchises in favour of the franchisees, while it prosecutes the operators of unauthorised private bus services and other types of authorised bus service that pick up or drop off passengers in franchised bus parki ...
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William Sui-tak Louey
William Sui-tak Louey (; 7 July 1909 – 9 December 1962) was a Hong Kong businessman and the founder and Chief Manager of the Kowloon Motor Bus Company. Early life and career Louey was born in Melbourne on 7 July 1909 to the son of a Chinese Australian. He returned to China when he was young and was educated at the Holy Trinity College in Guangzhou when his father and his uncle founded the Kowloon Motor Bus Company (KMB) in Hong Kong in 1922. After he graduated, Louey joined the KMB as an assistant manager and rose to Chief Manager in 1933. At that time, there were several independent bus operators. William Louey bought a few of them and applied for the franchise of the bus service in 1933. He won the franchise to operate bus services in Kowloon and the New Territories, while China Motor Bus (CMB) secured the rights to provide services on Hong Kong Island. Together with Tang Shiu Kin, Lui Leung, Tam Woon-tong and Lam Ming-fan, William Louey renamed the company 'Kowloon Motor Bus ...
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Hong Kong Stock Exchange
The Stock Exchange of Hong Kong (SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. As of the end of 2020, it has 2,538 listed companies with a combined market capitalization of HK$47 trillion. It is reported as the fastest growing stock exchange in Asia. The stock exchange is owned (through its subsidiary Stock Exchange of Hong Kong Limited) by Hong Kong Exchanges and Clearing Limited (HKEX), a holding company that it also lists () and that in 2021 became world's largest bourse operator in terms of market capitalization, surpassing Chicago-based CME. The physical trading floor at Exchange Square was closed in October 2017. History The Hong Kong securities market can be traced back to 1866, but the stock market was formally set up in 1891, when the Association of Stockbrokers in Hong Kong was established. It was renamed as The Hong Kong Stock Exchange in 1914. By 1972, Hong Kong had four stock exchanges in operation. There were subsequen ...
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