Growth Momentum

Total Page:16

File Type:pdf, Size:1020Kb

Growth Momentum MTR Corporation Limited Annual Report 2010 Report Annual Limited Corporation MTR ANNUAL REPORT 2010 GROWTH MOMENTUM MTR Corporation Limited MTR Headquarters Building, Telford Plaza Kowloon Bay, Kowloon, Hong Kong GPO Box 9916, Hong Kong Telephone : (852) 2993 2111 Facsimile : (852) 2798 8822 www.mtr.com.hk Stock Code: 66 GROWTH MOMENTUM In 2010, the Company has ridden the economic recovery to post a strong set of results, with increases in revenue and profit. Looking ahead, our growth momentum continues, with our five major expansion projects in Hong Kong on track, and further progress in our growing portfolio of businesses in the Mainland of China and overseas. As a builder and operator of infrastructure assets, we try to ensure that our expansion plans benefit present and future generations, and our aim is to become a global leader in sustainable transportation. CONTENTS 2 MTR Corporation in Numbers – 2010 4 Hong Kong Operating Network with Future Extensions 6 MTR Corporation at a Glance 22 8 Chairman’s Letter Hong Kong Passenger 12 CEO’s Review of Operations Services and Outlook 19 Key Figures 20 Key Events in 2010 22 Executive Management’s Report 22 – Hong Kong Passenger Services 36 36 – Station Commercial and Station Commercial Rail Related Businesses and Rail Related 42 – Property and Other Businesses Businesses 54 – Hong Kong Network Expansion 60 – Mainland and Overseas Growth 66 – Human Resources 42 71 Financial Review Property 78 Ten-Year Statistics and Other Businesses 80 Investor Relations 82 Sustainability 83 Corporate Responsibility 85 Risk Management 54 86 Corporate Governance Report Hong Kong Network 100 Remuneration Report Expansion 104 Board and Executive Directorate 110 Key Corporate Management 111 Report of the Members of the Board 137 Contents of Accounts and Notes 60 138 Independent Auditor’s Report Mainland and Overseas 139 Consolidated Profit and Loss Account Growth 140 Consolidated Statement of Comprehensive Income 141 Consolidated Balance Sheet 142 Balance Sheet 143 Consolidated Statement of 66 Changes in Equity Human 144 Consolidated Cash Flow Statement Resources 145 Notes to the Accounts 235 Glossary MTR Corporation in Numbers – 2010 CONSOLIDATED FINANCIALS Total Revenue Underlying Profit HK$29.5 billion HK$8.66 billion Total Assets Net Debt-to-Equity Ratio HK$181.7billion 12.8% HONG KONG PASSENGER SERVICES Share of Franchised Domestic Service Public Transport Market Fare Revenue Per Passenger 44.3% HK$6.67 Passenger Journeys on Time Total Route Length 99.9% 218 km Total Patronage 1,608 million HONG KONG NETWORK EXPANSION 5 New Rail Projects 56 km are progressing well, which will add to our network in Hong Kong 2 MTR Corporation PROPERTY AND OTHER BUSINESSES Investment Property Portfolio in Hong Kong Includes 12 Shopping Centres 18 Floors of Two ifc Property Development Profit HK$4.03 billion STATION COMMERCIAL AND RAIL RELATED BUSINESSES Station Commercial and Rail Related Revenue 12.6% of Total Revenue MAINLAND AND OVERSEAS GROWTH 850 million Passengers Carried by Our Rail Operations in 5 Cities Outside of Hong Kong HUMAN RESOURCES 20,501 Staff Worldwide Annual Report 2010 3 Shenzhen Lo Wu Hong Kong Operating Network with Future Extensions Intercity Through Beijing Train Route Map Lok Ma Chau Sheung Shui Shanghai Properties Owned / Property Developments under Kwu Tung Fanling Beijing Line Developed / Managed by Construction / Planning Zhaoqing Guangzhou Shanghai Line the Corporation 23 Tseung Kwan O Station Area 56 Guangdong Line 01 Telford Gardens / Telford Plaza I and II 34 LOHAS Park Package 2-10 Foshan Dongguan HONG KONG SAR 02 World-wide House 37 Tai Wai Maintenance Centre (Phase 3) 03 Admiralty Centre 38 Che Kung Temple Station Tai Wo 04 Argyle Centre 39 Tai Wai Station Yuen Long 05 Luk Yeung Sun Chuen / Luk Yeung 40 Tin Shui Wai Light Rail (Tin Wing Road) Long Ping 44 Galleria 41 Austin Station Site C 06 New Kwai Fong Gardens 42 Austin Station Site D 40 47 33 Kam Tai Po Market 07 Sun Kwai Hing Gardens Sheung 48 Road 08 Fairmont House 49 West Rail Line Property Tin Shui Wai Ma On Shan 09 Kornhill / Kornhill Gardens 36 Development 50 Wu Kai Sha 10 Fortress Metro Towers (As Government Agent) New Territories Heng On 11 Hongway Garden / Vicwood Plaza University 43 Nam Cheong Station 12 Perfect Mount Gardens Siu Hong Tai 44 Yuen Long Station Shui 13 New Jade Garden Hang 45 Tuen Mun Station 14 Southorn Garden 27 46 Tsuen Wan West Station 35 15 Heng Fa Chuen / Heng Fa Villa / Tuen Mun 29 Racecourse* 47 Long Ping Station 30 45 Shek Mun Paradise Mall Fo Tan 28 16 Park Towers 48 Tin Shui Wai Station 31 17 Felicity Garden 49 Kam Sheung Road Station City One 50 Pat Heung Maintenance Centre Sha Tin 18 Tierra Verde / Maritime Square Tsuen Wan Tai Wo Hau 05 Sha 19 Tung Chung Crescent / Citygate / 51 Kwai Fong Site Tin 46 Kwai Hing 38 Wai Novotel Citygate / Seaview Crescent / 07 Coastal Skyline / Caribbean Coast Che Kung Tsuen Wan West 39 Temple 20 Central Park / Island Harbourview / 06 37 Kwai Fong Park Avenue / Harbour Green / 51 Tai Wai Bank of China Centre / HSBC Centre / 18 Hin Keng Olympian City One / Olympian City Legend Projects in Progress Tsing Yi Mei Foo Lok Fu Wong Tai Sin Two Lai King Kowloon Station Guangzhou-Shenzhen- Lai Chi Kok Tong Diamond Hill 21 The Waterfront / Sorrento / Cheung Hong Kong Express Rail Link Sha Wan AsiaWorld-Expo 25 The Harbourside / The Arch / Interchange Station DisneylandResort Sham Choi Hung West Island Line 43 Shui Po Kowloon Elements / The Cullinan / The Proposed Station Sunny Bay Harbourview Place / W Hong Kong / Shek Proposed Interchange Station Extensions under Study Nam Kip Mei International Commerce Centre Airport Prince Po Lam 19 Cheong Edward Kowloon Bay 24 22 One International Finance Centre / Shenzhen Metro Network Kwun Tong Line Extension Kai Tak 01 20 Mong Mong Hang Hau Two International Finance Centre / Tung Kok Kok East To * Racing days only Shatin to Central Link Chung 04 Kwa IFC Mall / Four Seasons Hotel / Wan Ngau Tau Kok Yau Ma Four Seasons Place South Island Line (East) Olympic Ma Ho Tau Tei Man Wai Kwun Tong 23 23 Central Heights / The Grandiose / Cable Car 41 Tin The Edge Existing Network Potential Future Extensions Ngong Ping 360 42 Lam Tin 21 Yau Tong Tseung Austin Whampoa Kwan O Jordan Tiu 24 Residence Oasis / The Lane Airport Express North Island Link Kowloon Hung Keng 25 No.8 Clear Water Bay Road / Choi West Tsim Hom 26 Leng Disneyland Resort Line Northern Link Lantau Sha 32 Hung Park & Ride Tsui Island Kowloon 26 Metro Town East Rail Line South Island Line (West) Terminus East Tsim 27 Royal Ascot / Plaza Ascot Island Line Sha Tsui 10 22 09 34 28 Pierhead Garden / Ocean Walk Sai Ying Pun Fortress Hill LOHAS Park Kwun Tong Line 11 Hong Kong 17 Tamar North 29 Sun Tuen Mun Centre / Sun Tuen ExhibitionVictoriaPark Point 12 16 Mun Shopping Centre Light Rail 02 Quarry Bay Tai Koo 15 Tin Sheung Wan 30 Hanford Garden / Hanford Plaza Ma On Shan Line KennedyTown Hau Hong Kong Central 14 Sai Wan Ho 31 Citylink Plaza University Wan Tseung Kwan O Line Chai Bay 03 Causeway Shau Kei Wan 32 MTR Hung Hom Building / Hung 08 Tsuen Wan Line Hom Station Carpark Central SouthAdmiralty Heng Fa Chuen 33 Trackside Villas Tung Chung Line Hong Kong Island 13 34 The Capitol / Le Prestige West Rail Line Chai Wan 35 The Palazzo Aberdeen 36 Lake Silver Cyberport 37 Festival City (Phases 1 & 2) Wah Fu Wong Ocean Chuk Park Hang Lei Tung 4 MTR Corporation South Horizons Shenzhen 48 40 Long Ping 29 Siu Hong 47 Lok Ma Chau Tin Shui Wai 28 Tuen Mun Lo Wu 30 45 Yuen Long 44 Kam Kwu Tung 49 Sheung Road Sheung Shui 50 Fanling AsiaWorld- Expo Airport Intercity Through Train Route Map Tai Wo 19 Cable Car Tung Ngong Ping 360 Chung Beijing Line Lantau New Territories Shanghai Line Island Guangdong Line Tsuen Wan West 33 Beijing 46 Sunny Bay Tai Po Market Zhaoqing Tsuen Wan Disneyland 05 Guangzhou Resort Foshan Tai Wo Hau Tsing Yi 18 Dongguan Kwai Hing Shanghai 07 HONG KONG SAR Kwai Fong 06 Lai King 51 University Mei Foo 27 35 Fo Tan Sha Tin 31 Tai Heng On Shui Ma On Shan 43 Racecourse* Hang Nam Lai Chi Kok Tai Wai Cheong 39 36 Cheung 37 20 Sha Wan 38 Wu Kai Sha Olympic Sham Hin Keng Che Kung Sha City One Shek Mun Prince Shui Po Kowloon Temple Tin Edward Tong Kennedy 21 Lok Fu Wai Town Sai Ying Pun Shek Kowloon Kip Mei Kowloon Wong Tai Sin Mong 41 Hong Kong 42 Kok University West Yau 04 11 Kowloon Austin Ma Mong Diamond Hill Kok East Sheung Wan Terminus Tsim Tei Sha 22 Ho 25 Tsui Jordan Man 02 Ma To Kai Tak Choi Hung Cyberport Hong Kong Tin Tau Kwa Central Wai Wan Tamar East Tsim Hung Whampoa Central South 32 Hom Wah Fu Sha Tsui 01Kowloon Bay Admiralty Exhibition 10 03 14 08 Victoria Wan Park Fortress Hill Ngau Tau Kok South Horizons Chai Aberdeen Causeway 16 Kwun Tong Po Lam Bay Tin North Lei Tung Hau Point Lam Tin 24 Wong Hang Hau Hong Kong Island Quarry Bay Yau Tong Chuk 09 Hang 23 Tai Koo Ocean 26 Park 17 Tiu Tseung Sai Wan Ho Keng Kwan O 12 Leng Shau Kei Wan Heng Fa Chuen 15 34 LOHAS Park Chai Wan 13 Annual Report 2010 5 MTR Corporation at a Glance The Company is regarded as one of the world’s leading railway operators, with proven success in our integrated approach of rail and property.
Recommended publications
  • G.N. (E.) 98 of 2021 PREVENTION and CONTROL of DISEASE (COMPULSORY TESTING for CERTAIN PERSONS) REGULATION Compulsory Testing No
    G.N. (E.) 98 of 2021 PREVENTION AND CONTROL OF DISEASE (COMPULSORY TESTING FOR CERTAIN PERSONS) REGULATION Compulsory Testing Notice I hereby exercise the power conferred on me by section 10(1) of the Prevention and Control of Disease (Compulsory Testing for Certain Persons) Regulation (the Regulation) (Chapter 599, sub. leg. J) to:— Category of Persons (I) specify the following category of persons:— any person who had been present on the following premises in any capacity (including but not limited to residents, visitors and workers) for more than 2 hours at any time during the period from 28 January to 10 February 2021:— (1) 92A Wang Toi Shan Lo Uk Tsuen, Pat Heung, Yuen Long, New Territories, Hong Kong; (2) 503 Shung Ching San Tsuen, Yuen Long, New Territories, Hong Kong; (3) Kam Ling House of Kam Fung Court, 638 Sai Sha Road, Ma On Shan, New Territories, Hong Kong; (4) Block 6, Jubilee Garden, 2–18 Lok King Street, Sha Tin, New Territories, Hong Kong; (5) Hoi Har Mansion, Riviera Gardens, 2–12 Yi Hong Street, Tsuen Wan, New Territories, Hong Kong; (6) Blocks 1 and 2, Wah Fung Industrial Centre, 33–39 Kwai Fung Crescent, Kwai Chung, New Territories, Hong Kong; (7) Hung Fai Building, 2Q–2Z Tung Choi Street/43P–43S Dundas Street, Mong Kok, Kowloon, Hong Kong; (8) Block 7, Phase 12 Bamboo Mansions, Whampoa Garden, 3 Tak Hong Street, Hung Hom, Kowloon, Hong Kong; (9) Tokwawan Mansion, 281–299A To Kwa Wan Road, To Kwa Wan, Kowloon, Hong Kong; (10) On Ping Building, On Wo Yuen (Phase II), 39 Mei King Street, To Kwa Wan, Kowloon, Hong Kong;
    [Show full text]
  • CB(2)1021/19-20 Ref: CB2/T/1
    立法會 Legislative Council LC Paper No. CB(2)1021/19-20 Ref: CB2/T/1 Paper for House Committee meeting on 22 May 2020 Determination of a date for the nomination and election of Members of the Legislative Council to serve on the Council of The Chinese University of Hong Kong and the Court of the University of Hong Kong Purpose 1. This paper invites the House Committee ("HC") to note the procedure for the nomination and election of Members of the Legislative Council ("LegCo") to serve on the Council of The Chinese University of Hong Kong ("CUHK Council") and the Court of the University of Hong Kong ("HKU Court"), and also to determine the date for holding the aforesaid nomination and election. Background CUHK Council 2. Under Statute 11.1(l) of The Chinese University of Hong Kong Ordinance (Cap. 1109), the CUHK Council shall consist of, among others, three persons elected by LegCo Members from among their own number. Under Statute 11.4 of Cap. 1109, the term of office is three years. The election of LegCo Members to serve on the CUHK Council will therefore be conducted in the first and the last session of each LegCo term. Statute 11.4 also provides that a Member will cease to hold office if he or she ceases to be a LegCo Member during the term of office. According to section 7(a) of Cap. 1109, the CUHK Council is the governing and executive body of the University. The CUHK Council meets several times a year. The powers, duties and composition of the CUHK Council, as provided in section 7 of Cap.
    [Show full text]
  • Microplastics Pollution on Soft Shores in Hong Kong
    This document is downloaded from Outstanding Academic Papers by Students (OAPS), Run Run Shaw Library, City University of Hong Kong. Title Microplastics pollution on soft shores in Hong Kong Author(s) Ng, Wing Yi (伍詠怡) Ng, W. Y. (2016). Microplastics pollution on soft shores in Hong Kong Citation (Outstanding Academic Papers by Students (OAPS), City University of Hong Kong). Issue Date 2016 URL http://dspace.cityu.edu.hk/handle/2031/85 This work is protected by copyright. Reproduction or distribution of Rights the work in any format is prohibited without written permission of the copyright owner. Access is unrestricted. CITY UNIVERSITY OF HONG KONG Department of Biology and Chemistry BSc (Hons) in Environmental Science and Management Project Report Microplastics Pollution on Soft Shores in Hong Kong By NG Wing Yi October 2016 1 _____________________________________________________________________________________________________________________________________________________ This document is downloaded from Outstanding Academic Papers by Students (OAPS), Run Run Shaw Library, City University of Hong Kong Table of content 1. Abstract ................................................................................................................................. 5 2. Introduction .......................................................................................................................... 6 2.1 Background of Microplastics Pollution.................................................................... 6 2.1.1 History of Microplastics
    [Show full text]
  • Official Record of Proceedings
    HONG KONG LEGISLATIVE COUNCIL — 17 May 1995 3719 OFFICIAL RECORD OF PROCEEDINGS Wednesday, 17 May 1995 The Council met at half-past Two o’clock PRESENT THE PRESIDENT THE HONOURABLE SIR JOHN SWAINE, C.B.E., LL.D., Q.C., J.P. THE CHIEF SECRETARY THE HONOURABLE MRS ANSON CHAN, C.B.E., J.P. THE FINANCIAL SECRETARY THE HONOURABLE SIR NATHANIEL WILLIAM HAMISH MACLEOD, K.B.E., J.P. THE ATTORNEY GENERAL THE HONOURABLE JEREMY FELL MATHEWS, C.M.G., J.P. THE HONOURABLE ALLEN LEE PENG-FEI, C.B.E., J.P. THE HONOURABLE MRS SELINA CHOW LIANG SHUK-YEE, O.B.E., J.P. THE HONOURABLE HUI YIN-FAT, O.B.E., J.P. THE HONOURABLE MARTIN LEE CHU-MING, Q.C., J.P. THE HONOURABLE PANG CHUN-HOI, M.B.E. THE HONOURABLE SZETO WAH THE HONOURABLE TAM YIU-CHUNG THE HONOURABLE ANDREW WONG WANG-FAT, O.B.E., J.P. THE HONOURABLE EDWARD HO SING-TIN, O.B.E., J.P. THE HONOURABLE RONALD JOSEPH ARCULLI, O.B.E., J.P. THE HONOURABLE MARTIN GILBERT BARROW, O.B.E., J.P. THE HONOURABLE MRS PEGGY LAM, O.B.E., J.P. THE HONOURABLE MRS MIRIAM LAU KIN-YEE, O.B.E., J.P. 3720 HONG KONG LEGISLATIVE COUNCIL — 17 May 1995 DR THE HONOURABLE LEONG CHE-HUNG, O.B.E., J.P. THE HONOURABLE JAMES DAVID MCGREGOR, O.B.E., I.S.O., J.P. THE HONOURABLE MRS ELSIE TU, C.B.E. THE HONOURABLE PETER WONG HONG-YUEN, O.B.E., J.P. THE HONOURABLE ALBERT CHAN WAI-YIP THE HONOURABLE VINCENT CHENG HOI-CHUEN, O.B.E., J.P.
    [Show full text]
  • MTR All Geared up for Typhoon Season and Calls on Passengers to Note Service Adjustments During Typhoons for Journey Planning
    PR031/21 14 May 2021 MTR All Geared up for Typhoon Season and Calls on Passengers to Note Service Adjustments during Typhoons for Journey Planning With the typhoon season approaching, MTR Corporation has implemented a number of precautionary measures to combat the adverse weather including the inspection of flood- prevention equipment, checking the conditions of railway facilities and enhancing the trimming of trees along open sections of railway lines. As MTR services may be affected by adverse weather and may have to be adjusted due to various situations during typhoons, the Corporation will provide the latest train service information through different platforms including the media, social media and MTR Mobile for passengers to plan their journeys. MTR always makes its best endeavours to provide safe service during typhoons as far as practicable under the premise of ensuring the safety of passengers and MTR staff. However, services on the open sections of the heavy rail, Light Rail and MTR Bus will inevitably be affected by adverse weather during typhoons, and therefore the Operations Control Centre will make corresponding service arrangements based on weather conditions (please refer to the annex for details). “Our priority is to ensure the safety of passengers and our staff in the face of adverse weather. Staff will be deployed to assist passengers at stations during typhoons while the maintenance team will stand by along railway lines to carry out emergency repairs on damaged railway facilities as long as it is safe and feasible to do so. After gale signals are lowered, recovery works will commence fully. As the works take time and roads may also be blocked by fallen trees or debris, services on the open sections of the heavy rail, Light Rail and MTR Bus may not be able to resume immediately.
    [Show full text]
  • Official Record of Proceedings
    LEGISLATIVE COUNCIL ─ 3 November 2010 1399 OFFICIAL RECORD OF PROCEEDINGS Wednesday, 3 November 2010 The Council met at Eleven o'clock MEMBERS PRESENT: THE PRESIDENT THE HONOURABLE JASPER TSANG YOK-SING, G.B.S., J.P. THE HONOURABLE ALBERT HO CHUN-YAN IR DR THE HONOURABLE RAYMOND HO CHUNG-TAI, S.B.S., S.B.ST.J., J.P. THE HONOURABLE LEE CHEUK-YAN DR THE HONOURABLE DAVID LI KWOK-PO, G.B.M., G.B.S., J.P. THE HONOURABLE FRED LI WAH-MING, S.B.S., J.P. DR THE HONOURABLE MARGARET NG THE HONOURABLE JAMES TO KUN-SUN THE HONOURABLE CHEUNG MAN-KWONG THE HONOURABLE CHAN KAM-LAM, S.B.S., J.P. THE HONOURABLE MRS SOPHIE LEUNG LAU YAU-FUN, G.B.S., J.P. THE HONOURABLE LEUNG YIU-CHUNG DR THE HONOURABLE PHILIP WONG YU-HONG, G.B.S. 1400 LEGISLATIVE COUNCIL ─ 3 November 2010 THE HONOURABLE WONG YUNG-KAN, S.B.S., J.P. THE HONOURABLE LAU KONG-WAH, J.P. THE HONOURABLE LAU WONG-FAT, G.B.M., G.B.S., J.P. THE HONOURABLE MIRIAM LAU KIN-YEE, G.B.S., J.P. THE HONOURABLE EMILY LAU WAI-HING, J.P. THE HONOURABLE ANDREW CHENG KAR-FOO THE HONOURABLE TIMOTHY FOK TSUN-TING, G.B.S., J.P. THE HONOURABLE TAM YIU-CHUNG, G.B.S., J.P. THE HONOURABLE ABRAHAM SHEK LAI-HIM, S.B.S., J.P. THE HONOURABLE LI FUNG-YING, S.B.S., J.P. THE HONOURABLE TOMMY CHEUNG YU-YAN, S.B.S., J.P. THE HONOURABLE FREDERICK FUNG KIN-KEE, S.B.S., J.P.
    [Show full text]
  • List of Buildings with Confirmed / Probable Cases of COVID-19
    List of Buildings With Confirmed / Probable Cases of COVID-19 List of Residential Buildings in Which Confirmed / Probable Cases Have Resided (Note: The buildings will remain on the list for 14 days since the reported date.) Related Confirmed / District Building Name Probable Case(s) Islands Hong Kong Skycity Marriott Hotel 5482 Islands Hong Kong Skycity Marriott Hotel 5483 Yau Tsim Mong Block 2, The Long Beach 5484 Kwun Tong Dorsett Kwun Tong, Hong Kong 5486 Wan Chai Victoria Heights, 43A Stubbs Road 5487 Islands Tower 3, The Visionary 5488 Sha Tin Yue Chak House, Yue Tin Court 5492 Islands Hong Kong Skycity Marriott Hotel 5496 Tuen Mun King On House, Shan King Estate 5497 Tuen Mun King On House, Shan King Estate 5498 Kowloon City Sik Man House, Ho Man Tin Estate 5499 Wan Chai 168 Tung Lo Wan Road 5500 Sha Tin Block F, Garden Rivera 5501 Sai Kung Clear Water Bay Apartments 5502 Southern Red Hill Park 5503 Sai Kung Po Lam Estate, Po Tai House 5504 Sha Tin Block F, Garden Rivera 5505 Islands Ying Yat House, Yat Tung Estate 5506 Kwun Tong Block 17, Laguna City 5507 Crowne Plaza Hong Kong Kowloon East Sai Kung 5509 Hotel Eastern Tower 2, Pacific Palisades 5510 Kowloon City Billion Court 5511 Yau Tsim Mong Lee Man Building 5512 Central & Western Tai Fat Building 5513 Wan Chai Malibu Garden 5514 Sai Kung Alto Residences 5515 Wan Chai Chee On Building 5516 Sai Kung Block 2, Hillview Court 5517 Tsuen Wan Hoi Pa San Tsuen 5518 Central & Western Flourish Court 5520 1 Related Confirmed / District Building Name Probable Case(s) Wong Tai Sin Fu Tung House, Tung Tau Estate 5521 Yau Tsim Mong Tai Chuen Building, Cosmopolitan Estates 5523 Yau Tsim Mong Yan Hong Building 5524 Sha Tin Block 5, Royal Ascot 5525 Sha Tin Yiu Ping House, Yiu On Estate 5526 Sha Tin Block 5, Royal Ascot 5529 Wan Chai Block E, Beverly Hill 5530 Yau Tsim Mong Tower 1, The Harbourside 5531 Yuen Long Wah Choi House, Tin Wah Estate 5532 Yau Tsim Mong Lee Man Building 5533 Yau Tsim Mong Paradise Square 5534 Kowloon City Tower 3, K.
    [Show full text]
  • Proposed Road Improvement Works in West Kowloon Reclamation Development Phase I
    Proposed Road Improvement Works in West Kowloon Reclamation Development Phase I Project Profile (Report No. 276799/11.01/B) August 2011 Highways Department, HKSAR Government Proposed Road Improvement Works in West Kowloon276799 ReclamationTNI Development BRI 096/03 B P:\Hong Kong\ENL\PROJECTS\276799(BRI) West Kowloon Road Phase I Impr\reports\PP\Project Profile RevA doc 01 December 2009 Schemes H, I, J, Q (Interim Option) and Improvement Works at the Junction of Canton Road/ Ferry Street/ Jordan Road Project Profile August 2011 Highways Department 6/F., Homantin Government Offices, 88 Chung Hau Street, Homantin, Kowloon Mott MacDonald, 20/F, Two Landmark East, 100 How Ming Street, Kwun Tong, Kowloon, Hong Kong T +852 2828 5757 F +852 2827 1823 W www.mottmac.com.hk Phase I Project Profile Issue and revision record Revision Date Originator Checker Approver Description A June 2011 Various Eric Ching H. T. Cheng First Issue B August 2011 Various Eric Ching H. T. Cheng Second Issue This document is issued for the party which commissioned it We accept no responsibility for the consequences of this and for specific purposes connected with the above-captioned document being relied upon by any other party, or being used project only. It should not be relied upon by any other party or for any other purpose, or containing any error or omission used for any other purpose. which is due to an error or omission in data supplied to us by other parties This document contains confidential information and proprietary intellectual property. It should not be shown to other parties without consent from us and from the party which commissioned it.
    [Show full text]
  • Completed Properties Properties Under Development Investment
    Completed properties 1. Ocean View 2. The Cliveden 3. Parc Palais 4. Imperial Villas 5. Westin Centre 6. Central Park 7. Far East Finance Centre 8. Cambridge Plaza 9. Dynasty Heights 10. Island Resort 11. Anglers’ Bay 12. The Royal Oaks 13. St Andrews Place 14. Caldecott Hill 15. Majestic Park 16. Island Harbourview 17. Grand Dynasty View 18. Park Avenue 19. Sky Horizon 20. Horizon Place 21. Lincoln Centre 22. Pan Asia Centre 23. Residence Oasis 79 75 24. The Cairnhill 4 76 25. Oceania Heights 74 Properties under development 26. One SilverSea, Kowloon Inland Lot No. 11158 27. Mount Beacon, New Kowloon Inland Lot No. 6196 28. Tsuen Wan Town Centre Redevelopment Project, Tsuen Wan Town Lot No. 398 29. Yeung Uk Road, Tsuen Wan Town Lot No. 394 30. 53 Conduit Road, The Remaining Portion of Inland Lot No. 2138 and Inland Lot No. 2613 31. Ho Tung Lau (Site A), Shatin Town Lot No. 470 32. 464-474 Castle Peak Road, New Kowloon Inland Lot No. 1175-1177 33. Fuk Wing Street and Fuk Wa Street, New Kowloon Inland Lot No. 6425 34. 305 Castle Peak Road, New Kowloon Inland Lot No. 939 35. Junction of Sheung Yuet Road and Wang Chiu Road, New Kowloon Inland Lot No. 6310 78 36. Kwu Tung, Sheung Shui, Lot No. 2596 in DD92 81 37. Ma Wo, Tai Po, Tai Po Town Lot No. 179 38. KCR Wu Kai Sha Station Development, Shatin Town Lot No. 530 89 39. 256 Hennessy Road, Hong Kong Island Lot No. 2769 90 25 Investment properties 40.
    [Show full text]
  • Minutes of the 27Th Meeting Held in Conference Room 1 of the Legislative Council Complex at 2:30 Pm on Friday, 25 June 2021
    立法會 Legislative Council LC Paper No. CB(2)1238/20-21 Ref : CB2/H/5/20 House Committee of the Legislative Council Minutes of the 27th meeting held in Conference Room 1 of the Legislative Council Complex at 2:30 pm on Friday, 25 June 2021 Members present : Hon Starry LEE Wai-king, SBS, JP (Chairman) Hon MA Fung-kwok, GBS, JP (Deputy Chairman) Hon Abraham SHEK Lai-him, GBS, JP Hon Tommy CHEUNG Yu-yan, GBS, JP Hon WONG Ting-kwong, GBS, JP Hon CHAN Hak-kan, BBS, JP Hon CHAN Kin-por, GBS, JP Hon WONG Kwok-kin, SBS, JP Hon Mrs Regina IP LAU Suk-yee, GBS, JP Hon Paul TSE Wai-chun, JP Hon Michael TIEN Puk-sun, BBS, JP Hon Steven HO Chun-yin, BBS Hon Frankie YICK Chi-ming, SBS, JP Hon YIU Si-wing, BBS Hon CHAN Han-pan, BBS, JP Hon LEUNG Che-cheung, SBS, MH, JP Hon Alice MAK Mei-kuen, BBS, JP Hon KWOK Wai-keung, JP Hon Christopher CHEUNG Wah-fung, SBS, JP Hon Elizabeth QUAT, BBS, JP Hon Martin LIAO Cheung-kong, GBS, JP Hon POON Siu-ping, BBS, MH Dr Hon CHIANG Lai-wan, SBS, JP Ir Dr Hon LO Wai-kwok, SBS, MH, JP Hon CHUNG Kwok-pan Hon Jimmy NG Wing-ka, BBS, JP Dr Hon Junius HO Kwan-yiu, JP Hon Holden CHOW Ho-ding Hon SHIU Ka-fai, JP Hon Wilson OR Chong-shing, MH Hon YUNG Hoi-yan, JP -2 - Dr Hon Pierre CHAN Hon CHAN Chun-ying, JP Hon CHEUNG Kwok-kwan, JP Hon LUK Chung-hung, JP Hon LAU Kwok-fan, MH Hon Kenneth LAU Ip-keung, BBS, MH, JP Dr Hon CHENG Chung-tai Hon Vincent CHENG Wing-shun, MH, JP Hon Tony TSE Wai-chuen, BBS, JP Members absent : Hon Jeffrey LAM Kin-fung, GBS, JP Dr Hon Priscilla LEUNG Mei-fun, SBS, JP Clerk in attendance : Miss Flora TAI
    [Show full text]
  • MTR Corporation Limited's Paper on the Review of Mass Transit Railway
    CB(4)890/16-17(07) Legislative Council Panel on Transport Subcommittee on Matters Relating to Railways Review of Mass Transit Railway By-laws and Mass Transit Railway (North-West Railway) Bylaw Purpose The MTR Corporation Limited (“MTRCL”) mentioned at the meeting of the Subcommittee on Matters Relating to Railways on 19 April 2016 that it would conduct a review on the Mass Transit Railway By-laws (Cap. 556B) (“MTR By-laws”) and Mass Transit Railway (North-West Railway) Bylaw (Cap 556H) (“MTR (NWR) Bylaw”). This paper reports the findings of the review and consults Members on the way forward. Background 2. Currently, more than 5 million passenger trips are made on the MTR network every day. With its dedicated rail corridor, as well as the cooperation of passengers, the MTR operates smoothly and effectively as a mass transit system. 3. In addition, a comprehensive legal framework is essential to ensure smooth railway operation. Upon the rail merger, having regard to the scope of MTRCL’s business, the Government amended the then Mass Transit Railway Corporation Ordinance to become the existing Mass Transit Railway Ordinance (Cap. 556) (“Ordinance”). The Ordinance grants the franchise of railway service to MTRCL and regulates the operation of the Corporation under the franchise, including the compliance with requirements concerning railway safety. 4. To enable MTRCL to provide proper and efficient railway service, Section 34 of the Ordinance stipulates that MTRCL may make bylaws. The main purpose of making bylaws is to suitably regulate the conduct of passengers so that MTRCL can provide safe, reliable and smooth railway service to passengers.
    [Show full text]
  • Property Management Revenue from Property Management for 2003 Increased by 11.0% Over 2002 to HK$94 Million
    032 Executive management’s report Property review This caused revenue from investment properties for the year of our properties further and establishing them as a to decline slightly by 1% over 2002 to HK$888 million. benchmark for the industry in Hong Kong. Our staff performed outstandingly during the period of SARS For Two IFC, the quality of the office building and its to ensure shoppers’safety and mitigate the effects of the management enabled MTR to attract tenants despite the outbreak on public confidence. We also supported tenants lingering cautious sentiment resulting from SARS, the war in through aggressive promotion campaigns, including an Iraq and the weak economy. Considerable effort was taken attractive rebate promotion. Within this context, we took full to explain to potential tenants, agents and the business advantage of the relaxation of travel restrictions on tourists community the merits of the building, which is ideally suited from Mainland China through proactive, tailor-made to the sophisticated needs of multi-national corporations. programmes, such as organising shopping tours, designed The decision by Swiss banking giant UBS to lease seven floors to bring high spending Mainland visitors to our shopping represented one of the largest and highest profile relocations centres. These programmes proved successful in boosting of an office tenant in Hong Kong in 2003. UBS joined a growing the business turnover of our tenants. list of leading institutions in the building, including the Hong The Total Quality Service Regime, our pioneering customer Kong Monetary Authority, reinforcing Two IFC’s position as the service enhancement programme, and our computerised building of choice for top-tier corporations.
    [Show full text]