Expanding Horizons New Perspectives

Total Page:16

File Type:pdf, Size:1020Kb

Expanding Horizons New Perspectives Stock Code: 12 Expanding Horizons New Perspectives Annual Report 2007 Henderson Land creates high quality new homes and commercial developments that enhance, as well as integrate with, their surrounding natural and built environments. We strive to build visually stimulating, innovative properties that sustain comfortable and friendly communities for our customers to live and work in. Contents inside front Corporate Profi le 2 Awards & Accolades 4 Group Structure 5 Financial Highlights 8 Chairman’s Statement Review of Operations Business in Hong Kong 28 Land Bank 30 Property Development 37 Property Investment 44 Property Related Businesses 46 Marketing 51 Subsidiary and Associated Companies Business in Mainland China and Macau 61 Land Bank 67 Progress of Major Development Projects 75 Major Investment Properties 78 Human Resources 81 Corporate Social Responsibility 84 Financial Review 90 Five Year Financial Summary 92 Corporate Governance Report 99 Report of the Directors 116 Biographical Details of Directors and Senior Management 122 Report of the Independent Auditor 123 Financial Statements 188 Corporate Information 194 Notice of Annual General Meeting 196 Financial Calendar Review of Operations – Business in Hong Kong Awards & Accolades The Group’s operational strengths and commitment to its These accolades recognise the many facets of the Group’s stakeholders are refl ected in the wide range of awards and day-to-day operations, and were awarded for achievements in commendations it received during the course of the year. areas ranging from corporate development and technological innovation to marketing excellence and long-term commitment to corporate social responsibility. 1 3 2 9 4 1 2005/2006 Annual Reports Awards Henderson Investment 3 Prime Awards for Brand Excellence 2007 MerComm, Inc. 2006/07 International Galaxy Awards Prime Communications Ltd Henderson Land – Silver Award (Annual Report) Henderson Land 2006/07 International Mercury Awards 2006/07 International ARC Awards – Brand Excellence - Luxurious Residential Property – Grand Award (Best of Annual Report - HK) – Bronze Award (Overall Annual Report) (The Beverly Hills) – Gold Award (Annual Report - Overall Presentation) 2 The 13th Annual Most Popular 4 HKIS Property Marketing Awards 2006 2006/07 International Astrid Awards TV Commercial Awards The Hong Kong Institute of Surveyors – Silver Award (Photography) Asia Television Ltd Henderson Land 2006/07 International ARC Awards Henderson Land – Top Ten Property Sales Brochure 2006 – Silver Award (Cover Photo/Design) – The Most Popular TVC Actress 2007 – Top Ten Property Marketing Projects 2006 – Honors Award (Overall Annual Report) (The Beverly Hills - Miss Universe) – Top Ten Flat Layouts 2006 (Royal Green & CentreStage) Annual Report 2007 2 Henderson Land Development Company Limited Review of Operations – Business in Hong Kong Awards & Accolades 6 7 8 5 4 5 “Building Information Modeling – The New 7 Caring Company 2006/07 9 Hong Kong Outstanding Enterprises Parade 2006 Chapter of Building Industry” Award Hong Kong Council of Social Services Economic Digest Autodesk Henderson Land, Hong Kong & China Gas, Hong Henderson Land Henderson Land Kong Ferry, Miramar, Hang Yick, Wellborn & Goodwill – Hong Kong Outstanding Enterprises (Blue Chip) 6 Corporate Partnership Recognition 8 TVB Most Popular TV Commercial Awards 2007 Tung Wah Group of Hospitals Television Broadcasts Limited Henderson Land Henderson Land – The Property Commercial Award – The Grand Award (Grand Promenade) Annual Report 2007 Henderson Land Development Company Limited 3 Review of Operations – Business in Hong Kong Group Structure Henderson Land Group Structure Market Capitalization as at 17 September 2007 Henderson Land Development Company Limited: HK$119 billion Six listed companies of the Group: HK$285 billion Henderson Land Development Company Limited Investment holding, property development and investment in Hong Kong and mainland China, hotel operation, project and property management, construction and financial services 31.36% 67.94% 44.21% Hong Kong Ferry (Holdings) Henderson Investment Miramar Hotel and Investment Company Limited Limited Company, Limited Property development Investment holding Property investment, hotel and investment and infrastructure operation and travel business 39.06% The Hong Kong and China Gas Company Limited Production and distribution of gas in Hong Kong and mainland China 43.81% Towngas China Company Limited Sale and distribution of LP gas and natural gas in mainland China Note: All percentage shareholdings shown above were figures as of 17 September 2007 Annual Report 2007 4 Henderson Land Development Company Limited Financial Highlights 2007 2006 Change Note HK$ million HK$ million % Profi t for the year 1 9,817.7 13,548.7 -27.5 Underlying profi t for the year 1&2 5,882.8 5,268.2 +11.7 Net asset value 1 92,219.1 77,964.1 +18.3 Adjusted net asset value 1&3 98,969.5 83,720.7 +18.2 Net debt 4 8,750.1 13,035.4 -32.9 Net debt to net asset value 1 9.49% 16.72% -7.23 pp (note 5) Net debt to adjusted net asset value 1&3 8.84% 15.57% -6.73 pp (note 5) HK$ HK$ % Earnings per share 1 5.19 7.47 -30.5 Underlying earnings per share 1&2 3.11 2.90 +7.2 Dividends per share 1 1.10 1.05 +4.8 Net asset value per share 1 47.47 42.96 +10.5 Adjusted net asset value per share 1&3 50.94 46.13 +10.4 Notes: 1 The profi ts, earnings, dividends and net asset values shown or referred to above were all attributable to equity shareholders of the Company. 2 The effect of the increase in fair value of investment properties (net of deferred taxation and minority interests) was excluded in the calculation of the underlying profi t for the year and of the underlying earnings per share. 3 As there is no capital gains tax in Hong Kong, total deferred tax liabilities arising from the revaluation of the Group’s investment properties in the amount of HK$6,750.4 million (2006: HK$5,756.6 million), equivalent to HK$3.47 per share (2006: HK$3.17 per share), as provided and included in the Group’s consolidated balance sheet would not be payable if the Group’s investment properties were to be sold at the revalued amounts under the current tax regime. Accordingly, such deferred tax as provided under HKAS-INT 21 has been excluded for the above calculation in order to provide a better understanding of the net asset value attributable to equity shareholders of the Company. 4 Net debt represents the total of bank loans and overdrafts, guaranteed convertible notes (if any) and other loans minus cash and bank balances. 5 pp stands for percentage points. Annual Report 2007 Henderson Land Development Company Limited 5 World Financial Centre, Beijing A Sustainable Vision for the Future Sustainability may still be considered a choice for some, but unless we all reconsider our actions the choice will be made for us. Modern architecture should be beautiful, but it must also be environmentally responsible and respectful of its surroundings. Cesar Pelli Pelli Clarke Pelli Architects Dr The Honourable Lee Shau Kee, GBM Chairman and Managing Director Our approach as a Group is based on strong economic, social and environmental principles. We strive to create high quality, visually stimulating, innovative new homes and commercial developments that enhance, as well as integrate with, their surrounding natural and built environments. Chairman’s Statement Dear Shareholders, Included in the results for the year was total non-recurrent income of HK$938.0 million made up of the excess, amounting to On behalf of your Board, I am pleased to present my report on the HK$352.4 million, of the fair values of net assets comprised in the operations of the Group for the year ended 30 June 2007. companies acquired from Henderson Investment Limited during the year over the consideration paid, and the Group’s share of Overview gain of HK$585.6 million arising from the disposal of 10 piped-city Our approach as a Group is based on strong economic, social and gas projects by an associate. (Similarly, net non-recurrent income environmental principles. We strive to create high quality, visually of HK$1,395.5 million was recorded in the previous year made up stimulating, innovative new homes and commercial developments of a net gain of HK$650.7 million resulting from the privatisation that enhance, as well as integrate with, their surrounding natural of two listed subsidiaries, a deemed profi t of HK$829.6 million on and built environments. placement of Henderson Investment Limited shares, and project tender cost written off amounting to HK$84.8 million.) After Sustainability lies at the heart of this approach, we build effi cient, excluding such non-recurrent income, the adjusted underlying modern properties, but we also try to play our part in establishing profit for the year was HK$4,944.8 million, representing an or contributing to comfortable and friendly communities for our increase of HK$1,072.1 million or 27.7% over that for the previous customers to live and work in. Large-scale projects such as Grand year. Based on the adjusted underlying profi t, the earnings per Promenade, Grand Waterfront and the IFC complex have shown share were HK$2.61 (2006: HK$2.13), or an increase of 22.5%. The that our customers appreciate this approach and welcome the encouraging improvement in adjusted underlying profi t was the resultant quality of life that our properties afford them. result of signifi cantly higher profi t contributions from property Following the successful privatisation of Henderson China development, associates and jointly controlled entities, as well as Holdings Limited, the Group has injected substantial resources the steady increase in rental income from investment properties. in expanding its property development business in mainland At 30 June 2007, the net asset value attributable to equity China.
Recommended publications
  • * This Document Is Important and Requires Your
    THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION If you are in doubt as to any aspect of this document, you should consult your licensed securities dealer, bank manager, Sch I front page solicitor, professional accountant or other professional adviser. If you have sold or transferred all your shares in Henderson China Holdings Limited, you should at once hand this document and the accompanying forms of proxy to the purchaser or transferee or to the bank, licensed securities dealer or other agent through whom the sale or transfer was effected for transmission to the purchaser or transferee. The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this document, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this document. * (Stock Code: 0246) PROPOSED PRIVATISATION BY BY WAY OF A SCHEME OF ARRANGEMENT (UNDER SECTION 99 OF THE COMPANIES ACT 1981 OF BERMUDA) INVOLVING THE CANCELLATION OF ALL THE ISSUED SHARES OF HK$1.00 EACH IN HENDERSON CHINA HOLDINGS LIMITED HELD BY THE SCHEME SHAREHOLDERS (AS DEFINED HEREIN) Financial Adviser to Henderson Land Development Company Limited Sch I Para 1 Independent financial adviser to the Independent Board Committee (as defined herein) of Henderson China Holdings Limited A letter from the board of directors of Henderson China Holdings Limited is set out on pages 8 to 17 of this document. An explanatory statement regarding the Proposal (as defined herein) is set out on pages 46 to 63 of this document.
    [Show full text]
  • NR700 Destinations: Shan King Estate – Hung Hom Station Routeing
    Residents’ Service Route No.: NR700 Destinations: Shan King Estate – Hung Hom Station Routeing (Shan King Estate – Hung Hom Station): via Shan King Estate access road, Ming Kum Road, Tsing Wun Road, Wong Chu Road, Tuen Mun Road, Tsuen Wan Road, Kwai Chung Road, Lai Chi Kok Road, Cheung Mou Street, Cheung Shun Street, Tai Nan West Street, Cheung Yee Street, Cheung Lai Street, Lai Chi Kok Road, Tung Chau Street, West Kowloon Corridor, Prince Edward Road West, Lai Chi Kok Road, Shanghai Street, Jordan Road, Canton Road, Salisbury Road, Chatham Road South and Cheong Wan Road. Stopping Places: Pick Up: 1. Shan King Estate access road Set Down: 1. Cheung Shun Street near its junction with outside King Lok House Cheung Lai Street 2. Shanghai Street near its junction with Fife Street 3. Jordan Road outside King George V Memorial Park 4. Canton Road outside House No. 74 5. Chatham Road South near Mody Road 6. Hung Hom Station, Public Vehicle Carpark Departure Time: Mondays to Fridays (except Public Holidays) Saturdays (except Public Holidays) 1. 7.30 a.m. 1. 7.40 a.m. 2. 7.45 a.m. 2. 8.00 a.m. 3. 8.00 a.m. 3. 8.20 a.m. 4. 8.15 a.m. 5. 8.30 a.m. Routeing (Kowloon Park Drive – Shan King Estate): via Kowloon Park Drive, Peking Road, Ashley Road, Middle Road, Kowloon Park Drive, Canton Road, Ferry Street, Waterloo Road, Reclamation Street, Argyle Street, Cherry Street, West Kowloon Corridor, Lai Chi Kok Road, Kwai Chung Road, Tsuen Wan Road, Tuen Mun Road, Tuen Hi Road, Tuen Mun Road, San Tak Street, San Wo Lane, Tuen Mun Heung Sze Wui Road, Choi Yee Bridge, Shek Pai Tau Road and Shan King Estate access road.
    [Show full text]
  • Annual Report 2020
    Stock Code: 97 20 Annual 20 Report Annual Report 2020 PMS 3308C PMS 346C C M Y K HIL_Cover_2020 Corporate Profile Listed in Hong Kong since 1972, Henderson Investment Limited is a subsidiary of Henderson Land Development Company Limited, a leading property development group in Hong Kong. It currently operates six department stores using the name “Citistore”, as well as three department stores cum supermarkets or supermarket using the name “APITA” or “UNY” in Hong Kong. Contents Inside front Corporate Profile 2 Group Structure 3 Chairman’s Statement 9 Business Model and Strategic Direction 10 Financial Review 17 Five Year Financial Summary 18 Sustainability 34 Corporate Governance Report 49 Report of the Directors 73 Biographical Details of Directors and Senior Management 77 Financial Statements 78 Independent Auditor’s Report FORWARD-LOOKING STATEMENTS 132 Corporate Information This annual report contains certain statements that are forward-looking or which use certain forward-looking terminologies. These forward-looking statements are based on the current beliefs, assumptions and expectations of the Board of Directors of the Company regarding the industry and markets in which it operates. These forward-looking statements are subject to risks, uncertainties and other factors beyond the Company’s control which may cause actual results or performance to differ materially from those expressed or implied in such forward-looking statements. Group Structure Henderson Land Group Structure Market capitalisation as at 31 December 2020 Henderson
    [Show full text]
  • Major Investment Properties
    Review of Operations – Business in Mainland China and Macau Major Investment Properties During the year, rental properties in mainland China generated business and will become a major source of steady income in a total gross rental income of HK$192.9 million, an increase mainland China. of HK$114.3 million over the previous year. With the gradual In order to better manage its property portfolio, in August 2007 completion of some of the above investment properties, which the Group increased its stakes in some of the rental properties, comprise mainly Grade-A offi ce space, rental income is set to which comprise commercial podia and car park basements: increase significantly during the years to come. The property investment business will complement the property development Major Completed Mainland Investment Properties Group’s share of developable gross fl oor area Group’s interest (million square Project name and location (%) feet) Commercial Podium & Car Parks Henderson Centre, Beijing 100 1.1 Skycity, Shanghai 75 0.3 Hengbao Plaza, Guangzhou 100 1.0 Sub-total: 2.4 Offi ce Offi ce Tower II, Grand Gateway, Shanghai 100 0.7 Sub-total: 0.7 Total: 3.1 Annual Report 2007 Henderson Land Development Company Limited 75 Review of Operations – Business in Mainland China and Macau Major Investment Properties Status of Major Completed Mainland Investment Properties Henderson Centre, Beijing (100% owned) Beijing Henderson Centre was completed in 1997. In order to offer a refreshing retail experience for shoppers and to promote sale for tenants, the atrium of its shopping mall has been undergoing a major renovation since March 2007.
    [Show full text]
  • 2020 Shanghai Foreign Investment Guide Shanghai Foreign Shanghai Foreign Investment Guide Investment Guide
    2020 SHANGHAI FOREIGN INVESTMENT GUIDE SHANGHAI FOREIGN SHANGHAI FOREIGN INVESTMENT GUIDE INVESTMENT GUIDE Contents Investment Chapter II Promotion 61 Highlighted Investment Areas 10 Institutions Preface 01 Overview of Investment Areas A Glimpse at Shanghai's Advantageous Industries Appendix 66 Chapter I A City Abundant in 03 Chapter III Investment Opportunities Districts and Functional 40 Enhancing Urban Capacities Zones for Investment and Core Functions Districts and Investment Influx of Foreign Investments into Highlights the Pioneer of China’s Opening-up Key Functional Zones Further Opening-up Measures in Support of Local Development SHANGHAI FOREIGN SHANGHAI FOREIGN 01 INVESTMENT GUIDE INVESTMENT GUIDE 02 Preface Situated on the east coast of China highest international standards Secondly, the openness of Shanghai Shanghai is becoming one of the most At the beginning of 2020, Shang- SHFTZ with a new area included; near the mouth of the Yangtze River, and best practices. As China’s most translates into a most desired invest- desired investment destinations for hai released the 3.0 version of its operating the SSE STAR Market with Shanghai is internationally known as important gateway to the world, ment destination in the world char- foreign investors. business environment reform plan its pilot registration-based IPO sys- a pioneer of China’s opening to the Shanghai has persistently functioned acterized by increasing vitality and Thirdly, the openness of Shanghai is – the Implementation Plan on Deep- tem; and promoting the integrated world for its inclusiveness, pursuit as a leader in the national opening- optimized business environment. shown in its pursuit of world-lead- ening the All-round Development of a development of the YRD region as of excellence, cultural diversity, and up initiative.
    [Show full text]
  • Property Operations Ferry, Shipyard and Related Operations
    Interim Report 2001 BUSINESS REVIEW Earnings for the period mainly arose from the disposal of 50% of the sales proceeds of the domestic portion of the redevelopment at 201 Tai Kok Tsui Road. Property Operations 201 Tai Kok Tsui Road Construction of the superstructure of Phase I of the redevelopment is proceeding smoothly. Construction of Phase II has also commenced. Since all the necessary obligations under the Group’s agreement with the subsidiary companies of Henderson Land Development Company Limited have been fulfilled, a profit of HK$294.2 million was recorded in the current period. Shipyard Property at North Tsing Yi During the period, the Group has written down the value of the shipyard property by HK$41.2 million to HK$145 million, in order to reflect the impairment in value of the property, as evaluated by a professional surveyor firm. 222 Tai Kok Tsui Road The site is now ready for development and construction will begin if agreement can be reached over the land premium with Government. 6 Cho Yuen Street, Yau Tong Rental income generated from the Kingsford Industrial Centre amounted to HK$5.3 million, a decrease of 2.8% over the same period last year. The Group is under negotiation with Government over the land premium payable for change of land use to residential/commercial use. Ferry, Shipyard and Related Operations The business of the vehicular ferry services was stable, whilst turnover of the shipyard and the floating restaurant increased by 26% and 20% respectively from the same period last year. The turnover of fuel oil trading fell by 40% in comparison with the same period last year.
    [Show full text]
  • List of Electors with Authorised Representatives Appointed for the Labour Advisory Board Election of Employee Representatives 2020 (Total No
    List of Electors with Authorised Representatives Appointed for the Labour Advisory Board Election of Employee Representatives 2020 (Total no. of electors: 869) Trade Union Union Name (English) Postal Address (English) Registration No. 7 Hong Kong & Kowloon Carpenters General Union 2/F, Wah Hing Commercial Centre,383 Shanghai Street, Yaumatei, Kln. 8 Hong Kong & Kowloon European-Style Tailors Union 6/F, Sunbeam Commerical Building,469-471 Nathan Road, Yaumatei, Kowloon. 15 Hong Kong and Kowloon Western-styled Lady Dress Makers Guild 6/F, Sunbeam Commerical Building,469-471 Nathan Road, Yaumatei, Kowloon. 17 HK Electric Investments Limited Employees Union 6/F., Kingsfield Centre, 18 Shell Street,North Point, Hong Kong. Hong Kong & Kowloon Spinning, Weaving & Dyeing Trade 18 1/F., Kam Fung Court, 18 Tai UK Street,Tsuen Wan, N.T. Workers General Union 21 Hong Kong Rubber and Plastic Industry Employees Union 1st Floor, 20-24 Choi Hung Road,San Po Kong, Kowloon DAIRY PRODUCTS, BEVERAGE AND FOOD INDUSTRIES 22 368-374 Lockhart Road, 1/F.,Wan Chai, Hong Kong. EMPLOYEES UNION Hong Kong and Kowloon Bamboo Scaffolding Workers Union 28 2/F, Wah Hing Com. Centre,383 Shanghai St., Yaumatei, Kln. (Tung-King) Hong Kong & Kowloon Dockyards and Wharves Carpenters 29 2/F, Wah Hing Commercial Centre,383 Shanghai Street, Yaumatei, Kln. General Union 31 Hong Kong & Kowloon Painters, Sofa & Furniture Workers Union 1/F, 368 Lockhart Road,Pakling Building,Wanchai, Hong Kong. 32 Hong Kong Postal Workers Union 2/F., Cheng Hong Building,47-57 Temple Street, Yau Ma Tei, Kowloon. 33 Hong Kong and Kowloon Tobacco Trade Workers General Union 1/F, Pak Ling Building,368-374 Lockhart Road, Wanchai, Hong Kong HONG KONG MEDICAL & HEALTH CHINESE STAFF 40 12/F, United Chinese Bank Building,18 Tai Po Road,Sham Shui Po, Kowloon.
    [Show full text]
  • Murray Road Project
    Murray Road Project CENTRAL HONG KONG An architectural masterpiece, Murray Road Project is set to become a modern icon amongst the world’s most spectacular landmarks (artist’s impression) (artist’s impression) Murray Road Project, Hong Kong by Zaha Hadid Architects for Henderson Land Render by Cosmoscube and Arqui9 Chairmen’s Statement Profit Attributable to Shareholders Dividends The Group’s underlying profit attributable to equity The Board recommends the payment of a final dividend of shareholders for the year ended 31 December 2020 was HK$1.30 per share to shareholders whose names appear on HK$14,899 million, representing an increase of HK$259 the Register of Members of the Company on Wednesday, million or 1.8% over HK$14,640 million for the previous 9 June 2021, and such final dividend will not be subject to any year. The Group’s underlying profit in this financial year withholding tax in Hong Kong. Including the interim dividend included a profit contribution of about HK$3,629 million of HK$0.50 per share already paid, the total dividend for the arising from the transfer of the Group’s equity interests in the year ended 31 December 2020 will amount to HK$1.80 per company owning certain land lots in Wo Shang Wai, the New share (2019: HK$1.80 per share). Territories, whereas the attributable share of underlying profit The proposed final dividend is expected to be distributed to contribution from the transfer of the Group’s 50% equity shareholders on Monday, 21 June 2021. interest in an investment property in Tsim Sha Tsui amounted to HK$1,305 million only in the previous year.
    [Show full text]
  • Hong Kong in Brief
    Brand Hong Kong’s visual identity — a powerful and energetic dragon — was designed to communicate the city’s historic link with a mythical icon. The image incorporates the Chinese characters for 'Hong Kong' (香港) and the letters 'H' and 'K'. This dual expression symbolises the blend of East and West that characterises Hong Kong. The dragon's fluid shape imparts a sense of movement and speed, communicating that Hong Kong is forever changing. The brandline — ‘Asia's world city’ — highlights Hong Kong's multiple roles as an international business hub, a gateway to economic opportunities in the mainland of China and Asia, and a center for arts and culture. Contents ABOUT HONG KONG 4 Location Population Language Climate International Trading Centre Global Services Centre International Corporate Base Free Trade and Free Market Small Government Monetary System The Rule of Law Airport Hong Kong Port ECONOMIC COMPETITIVENESS 9 Economic Development Economic Policy International Financial Centre Economic Links with the Mainland LIVING IN HONG KONG 16 Government Structure Legal System Employment Education Health Housing Transport Pollution and Environmental Control Law and Order Tax System Mandatory Provident Fund The Media Telecommunications COMING TO HONG KONG 32 Tourism Immigration Leisure and Culture Traditional Festivals THE FUTURE OF HONG KONG 38 Asia’s Cyber City for the Cyber Century Infrastructure Projects for the 21st Century HONG KONG : THE FACTS 43 USEFUL CONTACTS 46 3 ABOUT HONG KONG About Hong Kong Hong Kong, described as a ‘barren rock’ some 150 years ago, is today a world-class financial, trading and business centre and, indeed, a great world city.
    [Show full text]
  • Barrier Free Conditions of Mass Rapid Transit Stations in Hong Kong
    View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by Muroran-IT Academic Resource Archive Barrier Free Conditions of Mass Rapid Transit Stations in Hong Kong 著者 OSAKAYA Yoshiyuki, AOYAMA Takeshi, RATANAMART Suphawadee journal or Proceedings of TRANSED 2010 publication title volume 2010 number A078 page range 1-10 year 2010-06-02 URL http://hdl.handle.net/10258/1148 Barrier Free Conditions of Mass Rapid Transit Stations in Hong Kong 著者 OSAKAYA Yoshiyuki, AOYAMA Takeshi, RATANAMART Suphawadee journal or Proceedings of TRANSED 2010 publication title volume 2010 number A078 page range 1-10 year 2010-06-02 URL http://hdl.handle.net/10258/1148 BARRIER FREE CONDITIONS OF MASS RAPID TRANSIT STATIONS IN HONG K ONG Osakaya Yoshiyuki ,Muroran Institute of Technology Muroran ,Japan ,E-mail : osakaya@mmm .muroran-i t. ac .jp Aoyama Takeshi ,Muroran City Council Muroran ,Japan ,E-mail : t-aoyama@beige .plala .or .jp Ratanamart Suphawadee , King Mongkut Institute of Technology Ladkrabang Bangkok ,Thailand ,E-mail : nuibooks@yahoo .com SUMMARY In In Hong Kong ,it is estimated that aging will be rapidly going on after 2010 Increase Increase of the elderly means increase of the disabled . In Hong Kong , there are 3 KCR lines (East Li ne ,West Li ne and Ma On Shan Li ne) and 7 MTR lines (Kwun Tong Li ne ,Tsuen Wan Li ne , Island Li ne ,Tsueng Wan 0 Li ne ,Tung Chung Li ne , Airport Airport Li ne and Disneyland Li ne) in 2006 This This study firstly made the actual conditions of barrier free at all 81 stations clear It It secondly made problems clear .
    [Show full text]
  • Explanatory Statement
    KWU TUNG NORTH OUTLINE DEVELOPMENT PLAN No. D/KTN/1A EXPLANATORY STATEMENT ODP No. D/KTN/1 Approved by CPLD on 17.10.2013 ODP No. D/KTN/1A Agreed by NT DipCon on 12.5.2020 Fanling, Sheung Shui & Yuen Long East District Planning Office Planning Department Kwu Tung North Outline Development Plan No. D/KTN/1A Explanatory Statement CONTENTS Page 1. Background ………………………………………………………………..1 2. Objectives and Authority of the Plan ……………………………………...2 3. The Planning Scheme Area ………………………………………………..3 4. Population .………………………………………………………………...6 5. Planning Themes and Urban Design and Landscape Framework .……..…6 6. Land Use Proposals ………………………………………………………15 7. Transport ………………………………………………………………….33 8. Environmental Considerations …………...……………………………….37 9. Cultural Heritage ………………………………………………………….41 10. Utility Services ……………………………………………………………41 11. Implementation ……………………………………………………….......43 Plan 1 : Kwu Tung North New Development Area Location Plan Plan 2 : Urban Design and Landscape Framework Plan 3 : Pedestrian Connections Plan Plan 4 : Cycle Track Network Plan Plan 5 : Transport Network Plan Appendix 1: Schedule of Requirement and Provision of G/IC Facilities and Open Space in Kwu Tung North New Development Area Appendix 2: Development Parameters of Major Development Sites in Kwu Tung North New Development Area Kwu Tung North Outline Development Plan No. D/KTN/1A Explanatory Statement 1. Background 1.1 The Territorial Development Strategy Review in 1990s first identified that there was potential for strategic growth in the North East New Territories (NENT). The Planning and Development Study on NENT commissioned in 1998 identified Kwu Tung North (KTN), Fanling North (FLN) and Ping Che/Ta Kwu Ling (PC/TKL) as suitable for New Development Areas (NDAs) development. The Hong Kong 2030: Planning Vision and Strategy, promulgated in 2007, recommended to proceed with the KTN and FLN NDAs, among others, to address the long-term housing demand and provide employment opportunities.
    [Show full text]
  • Rail Merger (1) Connected Transactions (2) Very Substantial Acquisition
    THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION This Circular does not constitute, or form part of, an offer or invitation, or solicitation or inducement of an offer, to subscribe for or purchase any of the MTRC Shares or other securities of the Company. If you are in any doubt as to any aspect of this Circular, or as to the action to be taken, you should consult a licensed securities LR 14.63(2)(b) dealer, bank manager, solicitor, professional accountant or other professional adviser. LR 14A.58(3)(b) If you have sold or transferred all your MTRC Shares, you should at once hand this Circular to the purchaser or transferee or to the bank, licensed securities dealer or other agent through whom the sale or transfer was effected for transmission to the purchaser or transferee. The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this Circular, makes no representation as to its LR 14.58(1) accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the LR 14A.59(1) whole or any part of the contents of this Circular. App. 1B, 1 LR 13.51A RAIL MERGER (1) CONNECTED TRANSACTIONS (2) VERY SUBSTANTIAL ACQUISITION Joint Financial Advisers to the Company Goldman Sachs (Asia) L.L.C. UBS Investment Bank Independent Financial Adviser to the Independent Board Committee and the Independent Shareholders Merrill Lynch (Asia Pacific) Limited It is important to note that the purpose of distributing this Circular is to provide the Independent Shareholders of the Company with information, amongst other things, on the proposed Rail Merger, so that they may make an informed decision on voting in respect of the EGM Resolution.
    [Show full text]