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The Hong Kong And China Gas Company Limited
The Hong Kong and China Gas Company Limited, doing business as Towngas, is the sole provider of towngas in Hong Kong. Founded in 1862, it is one of the oldest listed companies in the territory. History In February 1862, the concession to supply gas to the city of Victoria, Hong Kong, Victoria (the centre of which now referred to as Central, Hong Kong, Central), was obtained from then governor Hercules Robinson, 1st Baron Rosmead, Sir Hercules Robinson by William Glen, a newcomer to the gas industry. Incorporation took place on 3 June 1862 and, by 3 December 1864 that year, there were of pipes and 500 gas lamps along Queen's Road, Hong Kong, Queen's Road and Upper Valley Road. Across the Victoria Harbour, harbour, residents in Kowloon continued to rely on candles and oil lamps until gas was laid on 28 years later. The company's original generating plant, the first in Asia, stood on the waterfront at West Point, Hong Kong, West Point near Whitty Street and provided gas for lig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hang Seng Index
The Hang Seng Index (HSI) is a freefloat-adjusted market- capitalization-weighted stock-market index in Hong Kong. It is used to record and monitor daily changes of the largest companies of the Hong Kong stock market and is the main indicator of the overall market performance in Hong Kong. These 66 constituent companies represent about 58% of the capitalisation of the Hong Kong Stock Exchange. HSI was started on November 24, 1969, and is currently compiled and maintained by Hang Seng Indexes Company Limited, which is a wholly owned subsidiary of Hang Seng Bank, one of the largest banks registered and listed in Hong Kong in terms of market capitalisation. It is responsible for compiling, publishing and managing the Hang Seng Index and a range of other stock indexes, such as '' Hang Seng China Enterprises Index'', '' Hang Seng China AH Index Series'', '' Hang Seng China H-Financials Index'', '' Hang Seng Composite Index Series'', '' Hang Seng China A Industry Top Index'', ''Ha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
West Point, Hong Kong
West Point () was a point of land on Hong Kong Island, Hong Kong. Its location is the shore off Pok Fu Lam Road and Queen's Road West in 1845, approximately the junction of Western Street and Des Voeux Road West near Western Police Station. This was the northernmost point on the western half of Hong Kong Island. The Hong Kong Government divided Victoria City into four ''wan'' (環), or districts. While West Point falls into Sai Wan, or Western District, major government structures like the police station and court (Western Magistracy) are located near West Point. Thus the name of Sai Wan, Western District, Western and West Point were sometimes used interchangeably. St. Stephen's Anglican Church located in West Point was founded by the Church Missionary Society (Church Mission Society The Church Mission Society (CMS), formerly known as the Church Missionary Society, is a British mission society working with the Christians around the world. Founded in 1799, CMS has attracted ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Control Premium
A control premium is an amount that a buyer is sometimes willing to pay over the current market price of a publicly traded company in order to acquire a controlling share in that company. If the market perceives that a public company's profit and cash flow is not being maximized, capital structure is not optimal, or other factors that can be changed are impacting the company's share price, an acquirer may be willing to offer a premium over the price currently established by other market participants. A discount for lack of control, sometimes referred to as a minority discount, reflects the reduction in value from a firm's perceived optimal or intrinsic value when cash flow or other factors prevent optimal value from being reached. Overview of concept Transactions involving small blocks of shares in public companies occur regularly and serve to establish the market price per share of company stock. Acquiring a controlling number of shares sometimes requires offering a premium over t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
David Michael Webb
David Michael Webb (born 29 August 1965) is an activist investor, stock market, share market analyst and retired investment banker based in Hong Kong. Early life Webb graduated in Mathematics from Exeter College, Oxford in 1986. From 1981 to 1986 he was also an author of books and games for early home computers, particularly the Sinclair ZX Spectrum. He authored the Pac Man type game Spookyman and went on to create the acclaimed 3D Vector graphics game Starion on the Spectrum. After graduation he became an investment banker in London. He moved to Hong Kong in 1991. He retired from investment banking in 1998, and now lobbies extensively for increased transparency and public accountability of directors of public companies as well as for the Government of Hong Kong. Webb was appointed a Deputy Chairman of the Securities and Futures Commission, Hong Kong Securities and Futures Commission's Takeover and Mergers Panel on 1 April 2013, having commenced serving as member on 1 April ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shareholder Activist
An activist shareholder is a shareholder who uses an equity stake in a corporation to put pressure on its management. A fairly small stake (less than 10% of outstanding shares) may be enough to launch a successful campaign. In comparison, a full takeover bid is a much more costly and difficult undertaking. The goals of activist shareholders range from financial (increase of shareholder value through changes in corporate policy, cost cutting, etc.) to non-financial ( disinvestment from particular countries, etc.). Shareholder activists can address self-dealing by corporate insiders, although large stockholders can also engage in self-dealing to themselves at the expense of smaller minority shareholders. According to research firm ''Insightia,'' a total of 810 listed companies globally were publicly subjected to activist demands in 2020, down from 896 in 2019. Shareholder activism can take any of several forms: proxy battles, publicity campaigns, shareholder resolutions, litigati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Henderson Land Development Co
Henderson may refer to: People *Henderson (surname), description of the surname, and a list of people with the surname *Clan Henderson, a Scottish clan Places Argentina *Henderson, Buenos Aires Australia * Henderson, Western Australia Canada * Henderson Settlement, New Brunswick New Zealand *Henderson, New Zealand *Henderson (New Zealand electorate), former parliamentary electorate United States *Henderson, Colorado *Henderson, Georgia * Henderson, Houston County, Georgia * Henderson, Illinois * Henderson, Indiana * Henderson, Iowa *Henderson, Kentucky *Henderson, Louisiana * Henderson, Maryland * Henderson, Michigan * Henderson, Minnesota * Henderson, Missouri * Henderson, Nebraska * Henderson, Nevada *Henderson, New York, a town ** Henderson (CDP), New York, a hamlet in the town *Henderson, North Carolina * Henderson, Tennessee * Henderson, Texas *Henderson, West Virginia * Henderson County (other) * Henderson Township (other) Geographic features * Henders ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Finance Centre (Hong Kong)
The International Finance Centre, abbreviated as ifc) is a skyscraper and an integrated commercial development on the waterfront of Hong Kong's Central District. A prominent landmark on Hong Kong Island, IFC consists of two skyscrapers, the ifc mall, and the 55-storey Four Seasons Hotel Hong Kong. Twe 02 is the second tallest building in Hong Kong at a height of 415 m, behind the International Commerce Centre in West Kowloon, and the 31st-tallest building in the world. It is the fourth-tallest building in the Greater China region and the eighth-tallest office building in the world, based on structural heights; It is of similar height to the former World Trade Center. The Airport Express Hong Kong station is directly beneath it, with subway lines to Hong Kong International Airport. ifc was constructed and is owned by IFC Development, a consortium of Sun Hung Kai Properties, Henderson Land and Towngas. In 2003, ''Financial Times'', HSBC, and Cathay Pacific put up an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 people ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Declared Monuments Of Hong Kong
Declared monuments of Hong Kong are places, structures or buildings legally declared to receive the highest level of protection. In Hong Kong, declaring a monument requires consulting the Antiquities Advisory Board, the approval of the Chief Executive of Hong Kong as well as the publication of the notice on the ''Hong Kong Government Gazette''. As of February 2013, there were 101 declared monuments, of which 57 were owned by the Government and the remaining 44 by private bodies.Report No. 60 of the Director of AuditChapter 1: "Conservation of monuments and historic buildings" 28 March 2013. As of 10 March 2022, there were 132 declared monuments in Hong Kong, with 56 listed on Hong Kong Island, 53 on New Territories, 14 on Kowloon, and 9 on the Outlying Islands. Under Antiquities and Monuments Ordinance, some other buildings are classified as Grades I, II and III historic buildings, and are not listed below. Monument declaration and historic buildings grading system There wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Duddell Street
Duddell Street is a small street located near the Lan Kwai Fong district in Central, Hong Kong. Named after George and Frederick Duddell, it stretches from Ice House Street to Queen's Road Central. The street is noted for containing the city's last four gas lamps. History This short street includes, at its southern end, a flight of granite steps that were built between 1875 and 1889; these lead up to Ice House Street. The street was named in honour of brothers George and Frederick Duddell. Both were landowners in the early days of the colony, having emigrated from Macau after the 1841 annexation of Hong Kong. George was an auctioneer and ultimately a significant property owner in the area around the present Duddell Street in the mid-19th century. When Frederick and his wife died, they were both buried back in Macau at the Old Protestant Cemetery. Gas lamps The street is famous for its four gas-powered street lamps. While all other street lamps in Hong Kong are now ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ice House Street
Ice House Street () is a one-way street in Central, Hong Kong Island, Hong Kong. Named after the structure previously located on it that housed the city's only source of ice, it stretches from Lower Albert Road to Connaught Road. The street is noted for several historical landmarks situated on it, most notably the Club Lusitano and the Old Dairy Farm Depot. History During the First Opium War, the British occupied Hong Kong in 1841 and one year later, the territory was ceded to them in the Treaty of Nanking. Four years later, in 1845, the Hong Kong Ice Company was founded. It was set up with the intention of selling ice blocks from the United States—specifically from New England and New York State. These were transported to the colony on clippers and traded as a commodity. To persuade the company to sell ice to local hospitals at cost price, the Government of Hong Kong granted the company the site for an ice house rent-free for 75 years. The building eventually lent its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wheelock & Co
} Wheelock and Company Limited is a Hong Kong-based financial real estate company. It was listed as #1249 on the Forbes 2000 list. The group's principal activities are property investment, property development, property management and agency, and investment holding. The group is also involved in distribution and retail businesses including Lane Crawford, Joyce and City'super. Operations are carried out in Hong Kong, the British Virgin Islands, mainland China and Singapore. History Wheelock and Company was created from the purchase of Wheelock and Marden Company Limited, a British Hong founded as Shanghai Tug and Lighter Limited in 1857 in Shanghai by Captain Thomas Reed Wheelock (born St. Stephen, New Brunswick 1843 – died 1920, Shanghai, China). G.E. Marden founded Marden and Company in 1925 and merged with Thomas Wheelock's tug company to form Wheelock and Marden Company Limited in 1932. The new company operated other ships and later moved their operations to Hong Kon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
