Real Estate Developers Association Of Hong Kong
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Real Estate Developers Association Of Hong Kong
The Real Estate Developers Association of Hong Kong (REDA; ) is a business organization representing the property development industry in Hong Kong. It was established in 1965 under the chairmanship of Henry Fok. The association's members included the 17 major developers in Hong Kong. History In November 2020, REDA issued a statement supporting the decision to disqualify 4 pro-democracy lawmakers from the Legislative Council, stating that "The decision will help safeguard national sovereignty and implement 'one country, two systems'." Executive Committee membership * * Cheung Kong (Holdings) * Chinachem Investment * Hang Lung Properties * Henderson Land Development * Hongkong Land Property * Hopewell Holdings * Hutchison Properties * Hysan Development * The Great Eagle * Lai Sun Development * New World Development * Shun Tak Holdings * Sino Land * Sun Hung Kai Properties * Swire Properties * Wheelock Properties See also * ''Land and the Ruling Class in Hong Kong ''Land ...
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Non-profit Organization
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworthiness, honesty, and openness to eve ...
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Great Eagle Holdings
Great Eagle Holdings Limited () is a Hong Kong real estate company listed on the Hong Kong Stock Exchange. Through its subsidiaries, it engages in property investment and owns and operates various hotels. Its head office is located at the Great Eagle Centre, Harbour Road, Wanchai, Hong Kong. The company operates in Hong Kong, North America, Europe and the Asia Pacific region. As at 31 December 2021, the company's hotel portfolio comprises 26 properties with over 10,000 rooms, including 23 hotels branded under The Langham Hospitality Group. The Langham and Cordis brands in Hong Kong, London, New York, Chicago, Boston, Los Angeles, Sydney, Melbourne, Auckland, Shanghai, Beijing, Shenzhen, Guangzhou, Changsha, Haining, Haikou, Hangzhou, Ningbo, Xiamen and Hefei; two Eaton hotels in Washington D.C. and Hong Kong; and the Chelsea Hotel in Toronto. In October 2007, the company sold its commercial property in San Francisco San Francisco (; Spanish language, Spanish for "Fran ...
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Chambers Of Commerce In Hong Kong
Chambers may refer to: Places Canada: *Chambers Township, Ontario United States: *Chambers County, Alabama *Chambers, Arizona, an unincorporated community in Apache County *Chambers, Nebraska * Chambers, West Virginia * Chambers Township, Holt County, Nebraska *Chambers Branch, a stream in Kansas *Chambers County, Texas Other * ''Chambers Dictionary'' of the English Language * Chambers Harrap, the publishers of Chambers Dictionary * Chambers and Partners, a British organisation that produces international rankings for the legal industry * Chambers of parliament * ''Chambers'' (album), by Steady & Co. (2001) * Hedingham & Chambers, a bus company in Suffolk and Essex * judge's chambers, a judge's office where some matters are heard out of court * barristers' chambers, in some English-speaking countries a set of rooms from which barristers practice * ''Chambers'' (series), a BBC Radio 4 legal sitcom starring John Bird which later moved to television * Chambers stove, a defunct ...
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Land And The Ruling Class In Hong Kong
''Land and the Ruling Class in Hong Kong'' ( or "property hegemony") is a book written by Alice Poon Wai-han (), a former personal assistant of Kwok Tak-seng, the late co-founder of Hong Kong-based conglomerate Sun Hung Kai Properties. She also worked for another Hong Kong-based conglomerate, Kerry Properties. The book was about some real estate tycoon families of the former British colony, especially Li Ka-shing family, Kwok Tak-seng family, Lee Shau-kee family, Cheng Yu-tung family, Pao Yue-kong family and Kadoorie family, who controlled "property-cum-utility/public services conglomerates" of Hong Kong. The book was written in Richmond, British Columbia. Poon resided in Steveston, a neighbourhood in the city. According to a book review, as of December 2010, in less than 6 months of publishing, the Traditional Chinese edition had been re-printed 7 times to the 8th print. The first Traditional Chinese edition also contained revised and updated materials that did not appear in ...
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Wheelock Properties
Wheelock Properties Limited and Wheelock Properties (Hong Kong) Limited are subsidiaries of Wheelock and Co. Wheelock Properties is a real estate developer and a former listed company in the Hong Kong stock exchange. Business overview Wheelock Properties engages in the property development and investment operations in Hong Kong. It participated in a number of private housing estates including Bellagio, Sorrento, Parc Oasis (via the subsidiary RDC) and Parc Palais and owns certain investment properties including Fitfort. Before the privatization of Wheelock Properties, the company owned the 76% shares in Singapore-listed Wheelock Properties (Singapore). Both companies are privatized. History The predecessor of the business unit, Hongkong Realty and Trust Co., Ltd., was incorporated on 17 March 1923. It was renamed to New Asia Realty and Trust Co., Ltd. in 1995. In the same year was added as a registered Chinese name. Hongkong Realty and Trust was a listed company sinc ...
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Swire Properties
Swire Properties Limited () is a property developer, owner and operator of mixed-use, principally commercial properties in Hong Kong and Mainland China. Founded and headquartered in Hong Kong in 1972, Swire Properties is a major property developer in Hong Kong, and is listed on the Stock Exchange of Hong Kong. Including subsidiaries, it employs around 4,500 people. The company is, in turn, a subsidiary of the publicly-listed Swire Pacific Limited (part of Swire Group). Business scope Swire Properties operates in three main areas: #property investment – property investment, namely the development, leasing and management of commercial, retail and residential properties as a long-term investment #property trading – property trading, that is the development and construction of properties, principally luxury residential apartments, for sale #hotel investment and operations (Swire Hotels) Senior leadership * ''Chairman:'' Guy Bradley (since August 2021) * ''Chief Executive: ...
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Sun Hung Kai Properties
Sun Hung Kai Properties Limited (SHKP; ) is a listed corporation and the largest property developer in Hong Kong as of 2019. The company is controlled by the Kwok family trust, largely the Kwok brothers. The Kwok family trust was set up by Kwok Tak-seng, who co-founded the company. History Early years The group was one of many non-British owned companies that overtook the British trading companies or 'hongs' that dominated the financial order in Hong Kong prior to 1997. The predecessor of the group, Sun Hung Kai Enterprises Co., Ltd. (), was founded in 1963 by Kwok Tak-seng, together with Fung King-hey and Lee Shau Kee. The current legal person of the holding company of the group, Sun Hung Kai Properties Limited, was incorporated on 14 July 1972 and was listed on the Hong Kong stock exchanges on 23 August 1972. In 1973, SHKP acquired Hong Yip Service Company Limited. In 1977, SHKP moved its head office to Connaught Centre, Central (now known as Jardine House). In 1978, SHK ...
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Sino Land
Established in 1971, Sino Group () comprises three listed companies – Sino Land Company Limited (HKSE: 083), Tsim Sha Tsui Properties Limited (HKSE: 0247), Sino Hotels (Holdings) Limited (HKSE: 1221) – and private companies held by the Ng Family. As one of Hong Kong’s leading property developers with core businesses in property development and investment, Sino Group has grown with the communities it serves. The Group’s business interests comprise a diversified portfolio of residential, office, industrial, retail and hospitality properties across Hong Kong, mainland China, Singapore and Australia, and has developed over 250 projects, spanning more than 130 million square feet. Core business assets are further complemented by property management services, hotel investment and management, including The Fullerton Hotels & Resorts and other affiliate brands. History On 5 January 1971, Sino Land Company Limited was incorporated in Hong Kong. Tsim Sha Tsui Properties Limited, a ...
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Shun Tak Holdings
Shun Tak Holdings Limited () is a Hong Kong-Macau company founded in 1972. It has been one of the constituents of the Hang Seng Hong Kong MidCap Index since 11 September 2006. The company is active in shipping, property, hospitality and investments businesses. Its shipping division, operating under the name of TurboJET, operates ferry services between Hong Kong and Macau. The company's founder and executive chairman is Stanley Ho. His daughter Pansy Ho serves as managing director with two of his other daughters, Daisy Ho Chiu-fung and Maisy Ho Chiu-ha, as executive directors as well as David Shum. History Until late 2010, Stanley Ho controlled the company. An 11.55 per cent stake in Shun Tak was transferred by Ho to Hanika Realty, a company controlled by second wife Lucina Laam and his five children with her. The transfer made Hanika Shun Tak's biggest single shareholder. In April 2015, Shun Tak Holdings Ltd purchased hotel property in Shanghai for RMB700 million (MOP900 mil ...
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New World Development
New World Development Company Limited (NWD), is a Hong Kong-based company focused on property developer in Hong Kong, property, hotels, infrastructure and services and department stores. It was established on 29 May 1970 by Cheng Yu-tung. The company is publicly listed on the Stock Exchange of Hong Kong Limited (SEHK: 17) since 23 November 1972 and is a constituent stock of Hong Kong Hang Seng Index. Over the last four decades, the group has also actively participated in various businesses in Mainland China and established itself as one of the largest foreign direct investors in the country. The group's existing investments in Mainland China has exceeded US$16.5 billion, spreading across four municipalities and over 19 provinces. History Launch and rapid growth The New World Development (NWD) Company Limited was established on 29 May 1970 to venture into property development. Dr Ho Sin Hang was elected Chairman of the company, while Dr. Cheng Yu-tung was appointed Di ...
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Lai Sun Development
Lai Sun Development ("LSD") is a property developer in Hong Kong, public company listed on the Hong Kong Stock Exchange established in 1987 by the textiles magnate Lim Por-yen.Raymond Wang and Teddy NgLai Sun Group founder Lim dies at 93, '' The Standard'', 19 February 2005 His company, Lai Sun Garment, ("LSG") was founded in 1947, is also listed on the Hong Kong Stock Exchange. Lai Sun Garment is the controlling shareholder in LSD. The Company is headed by Peter Lam Kin Ngok, son of the founder, who also runs the Media Asia Entertainment Group. History 1997 financial crisis Lai Sun Development, then already under the management of Peter Lam, paid HK$7 billion for Furama Hotel Enterprises in June 1997.Dennis EngA little less debt for ailing Lai Sun, ''The Standard'', 18 November 2002 Lai Sun acquired a 45.42 per cent stake for $3.13 billion, and made a general offer at $33.50 for each remaining shares at a total cost of $6.893 billion. While the other Furama Group hotels bec ...
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Hysan Development
Hysan Development Company Limited is a Hong Kong property investment, management and development company that is listed on the Stock Exchange of Hong Kong. The company was formed in Hong Kong in 1923, when businessman Lee Hysan acquired plots of land in East Point, now known as Causeway Bay, Hong Kong Island. On 30 April 1928, Hysan, who was aged 48–49, was killed. His descendant expanded the plots of land into a business empire. Today, Hysan is said to be the largest commercial landlord in the Causeway Bay area. History Predecessor The predecessor of the company began when Lee Hysan incorporated Lee Hysan Estate Co., Ltd. (), acquiring the land lease (crown lease) on Jardine's Hill, Hong Kong Island, in 1923 and other land leases around nearby East Point; which is now known as Causeway Bay. Before his death in 1928, Lee had distributed the most of the shares of Lee Hysan Estate to his wife, concubines, children and relatives in 1925. The shares he retained, 1/5 of the sha ...
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