Wing Tai Properties Limited
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Wing Tai Properties Limited (previously USI Holdings Limited) is a
Hong Kong 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 Delt ...
based
property developer Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. R ...
, operator of hospitality services and owner of several tailoring factories. Listed on 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 2,538 listed companies with a combined market capitalization of HK$47 trillion. It is repor ...
from formation in 1991, it operates hotels under the brand names of WingTai Asia and Lanson Place.


Lanson Place

Lanson Place is a wholly owned subsidiary of Wing Tai Properties Limited, currently manages nine properties (four of which Wing Tai has equity in) under the Lanson Place brand, comprising a hotel and serviced residences in Hong Kong, Beijing, Shanghai, Kuala Lumpur and Singapore. Lanson Place Bukit Ceylon Serviced Residences in Kuala Lumpur was opened in August 2013, while Lu Xiang Yuan Serviced Suites in Shanghai is scheduled to open at the end of 2014.


WingTai Asia

In July 2007, USI completed a general offer for the issued shares of Winsor Properties Holdings Limited. This rationalized Wing Tai Holdings and USI's shareholding in Winsor Properties, resulting in USI holding an interest of about 80%.


Tailoring

USI's has garment factories in Hong Kong, China and Southeast Asia. It also has garment trading and branded products distribution. They were owners of Gieves & Hawkes, which they divested in 2012.


References

{{Reflist Companies listed on the Hong Kong Stock Exchange Hospitality companies of Hong Kong Real estate companies of Singapore