Midland Holdings Limited () is one of the largest real estate brokerage companies in Hong Kong. It provides

residential A residential area is a land used in which housing predominates, as opposed to industrial and commercial areas. Housing may vary significantly between, and through, residential areas. These include single-family housing, multi-family residen ...

, industrial and commercial property brokerage services in Hong Kong, Macau and the People's Republic of China. The company was established in 1973 by Mr. Freddie Wong Kin Yip and started as a small real estate agency in Mei Foo Sun Chuen,

Kowloon 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 t ...

. It was listed on

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 repor ...

in 1995. Its main competitor in Hong Kong and Macau is Centaline Holdings.

Corporate Development

In December 2018, it was reported that Freddie Wong had offered to buy 57.44 million shares of Midland Holdings from qualified shareholders at a market premium of 28% over recent closing price, making the effective offer price at HKD 2.00 per share. This could increase his and his connected parties' shareholding of the company from 27% to 35%.

Disputes

In the 2014 June annual general meeting of the company, the management team was questioned by the company's second largest shareholder, Apex Benchmark on over payment of remuneration to directors of the company. Apex Benchmark held 10.54% of company shares while Freddie Wong and family held 27.89%. Thereafter, Midland Holdings had requested law enforcement agency to investigate into Apex Benchmark about its bad mouthing the company. In August 2014, the deputy chairman of Midland Holdings, Angela Wong had said that the company would sue its shareholder Apex Benchmark for damaging the company's reputation.

References

External links

{{commons category, Midland Holdings
Midland Holdings LimitedMidland Realty
Companies listed on the Hong Kong Stock Exchange Real estate companies established in 1973 Property agencies of Hong Kong 1973 establishments in Hong Kong