CENTRE STAGE Thirsting for more January 2018

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Courtesy calls on senior officials

In September, Swire Pacific Chairman, John Slosar, and the recently announced Guangdong-Hong Kong-Macau John Swire & Sons () Chairman, Ivan Chu, paid Greater Bay Area initiative. CONTENTS a courtesy call on Mr Xie Feng, the recently appointed Commissioner of the Ministry of Foreign Affairs of the During September, Ivan Chu also visited , where he called on Mr Huang Liuquan, Deputy Director of the Hong January 2018 People’s Republic of China in the Hong Kong SAR. Mr Slosar and Mr Chu took the opportunity to discuss current Kong & Macao Affairs Office of the State Council. During economic trends – in particular, the opportunities offered the visit, Mr Chu and Mr Huang discussed a wide range of to foreign enterprises by China’s Belt and Road policy and issues relating to Hong Kong’s development.

The Swire group is a multinational, multi-disciplined commercial group, with 01 its principal areas of operations in the Asia Pacific region, and centred on the Greater China area. Hong Kong is home to publicly quoted Swire Pacific, whose NEWSWIRE core businesses are grouped under five operating divisions: property, aviation, beverages, marine services, and trading & industrial. John Swire & Sons Limited, headquartered in the UK, is the parent company of the group. In addition to its controlling shareholding in Swire Pacific, John Swire & Sons Limited operates a range of wholly-owned businesses, including deep-sea shipping, cold storage, 14 offshore and road transport logistics services, waste to energy, mining services, and beverage ingredients with main areas of operation in Australia, Papua New CENTRE STAGE Guinea, East Africa, Sri Lanka, the USA and the UK. Please send material to the Editor, GPO Box 1, Hong Kong, or email us at [email protected]. For pictures, we welcome prints, colour slides or computer graphics in JPG format (500dpi and 20cm x 16cm), and digital photos Mr Slosar and Commissioner Xie Feng Ivan Chu and Mr Huang Liuquan taken by cameras with 8 Megapixels or above.

18 Swire News is published in Hong Kong, by the Group Public Affairs Department. INSIDER Copyright©2018 visit In November, Merlin Swire, Deputy Chairman and CEO of John Swire & Editor Sons Limited, paid a courtesy call on 20 Mr Zhou Bo, Executive Vice Mayor of Cindy Cheung the Shanghai Municipal Government. PEOPLE During the meeting, Mr Zhou Deputy Editor expressed his appreciation for Swire’s long-term involvement in China and in Charlotte Bleasdale particular, the city of Shanghai, where Swire established its first China office in 1866. Design I Production Barry Chu

Merlin Swire and Mr Zhou Bo (centre), with John Swire & Sons (China) Limited’s Director & Chief Representative, Titus Diu and Chairman, Ivan Chu (second and third from left) and members of the Shanghai mayoral staff.

Swire Beverages’ acquisition of new franchise territories in Mainland China positions the company for further growth. Story on page 14.

Cover photo courtesy: Yung’s Harmony Photography

January 2018 SWIRENEWS 1 NEWSWIRE CORPORATE NEWSWIRE CORPORATE

Senior government delegations Swire Women’s Network

In the last six months, senior government delegations from and Road initiative, given its location on the 21st Century Group Chairman, Barnaby Swire, opened the annual across Mainland China have visited the offices of John Silk Road linking Eurasian countries. Swire Women’s Network event on 9th November, setting Swire & Sons (H.K.) Limited to discuss existing or potential the scene for a candid and thought-provoking discussion Mr Slosar and Mr Chu, along with HAECO Group CEO, Swire group investment in their regions. under the theme, “Gender Balance – What does it mean Augustus Tang, also welcomed Mayor of Xiamen, Zhuang for us?” Close to 100 executives from a range of Swire VIP guests have included Sichuan Governor Yin Li, who Jiahan, when he visited the Swire group’s Hong Kong head subsidiaries attended the forum, which was held at The met with Swire Pacific Chairman John Slosar and JS&S office in September. Mr Zhuang discussed the importance Upper House in Hong Kong. Group staff and house staff (China) Chairman Ivan Chu in August last year to discuss to HAECO Xiamen of the development of the new Xiamen from , Cathay Pacific and HAECO took the group’s extensive interests in the property, aviation and Xiangan Airport at Dadeng Island. part in a panel debate led by Mr Swire and Swire Pacific food chain sectors in Sichuan Province. Meanwhile, in October, Ivan Chu visited , Finance Director, Michelle Low. Issues touched upon Other important visitors to the Hong Kong office have accompanied by JS&S (China) Director – Hong Kong & included gender representation at senior levels, cultural included Shandong Governor, Gong Zheng, and the Vice Pearl River Delta, Arnold Cheng. During the visit, they and industry-specific realities in different environments, Governor of Yunnan Province, Chen Shun. During his visit, met with a delegation of officials led by Vice Mayor, Ai and best-practice policies to support new parents. The Mr Gong discussed Swire’s aircraft maintenance interests Xuefeng. Mr Chu gave Mr Ai an update on Swire’s recent forum was facilitated by Jo Hayes, Pipeline Initiatives at Jinan and the potential for extending this business developments in Hong Kong and on the Mainland and Director of The Women’s Foundation, who brought an Barnaby Swire (right) and Michelle Low (next to Barnaby) together with (from left to right) Raymond Leung from HAECO, Laura Percy from to Qingdao airport. Mr Chen, who met with Ivan Chu in discussed potential development opportunities for the external viewpoint and expertise to the debate. Swire Properties, Alfy Weston and Eva Ng from Cathay Pacific, and Jo September, discussed the expansion of Swire’s business group in Shenzhen. Hayes from The Women’s Foundation. to Yunnan, which is strategically important to China’s Belt

Mr Slosar and senior Swire directors meet with Shandong Governor, Mr Gong Zheng (front A thriving future row, third from right). ‘’Together for a Thriving Future’’ was the theme of the day saw panellists from AXA, BlackRock, Credit Suisse, the seventh Swire Annual Sustainable Development Deloitte, MSCI and Natixis discussing how sustainability Senior management appointments Forum, held in Hong Kong on 9th November. The event is built into their investment decisions and cost of capital brought together more than 280 participants, including calculations. Swire Properties Taikoo Sugar sustainability experts and senior executives from 35 Swire The forum also provided a platform for representatives Herman Chui has been appointed Director, Business Allen Li has been appointed Director and General Manager, group companies. from different areas of the Swire group to identify Development (Mainland China). taking over from Max Lau, who retired from the group after The forum was opened by Swire Pacific Chairman John how their own business development strategies and 30 years of service. Han Zhi has been appointed Director, Retail. Slosar, with keynote speeches from Ivan Chu, Chairman initiatives link to the group’s SwireTHRIVE environmental of John Swire & Sons (China), and James E. Hughes- sustainability strategy and are driving sustainable change Fiona Shiu, currently General Manager, Pacific Place, will Hallett, Finance Director, John Swire & Sons Limited, within their businesses. also assume the responsibilities of Deputy Director, Retail who reaffirmed the group’s commitment to sustainable (Hong Kong). development, and its strategic importance in creating long-term value for shareholders. One of the highlights of

2 January 2018 SWIRENEWS 3 NEWSWIRE PROPERTY NEWSWIRE AVIATION

HKRI Taikoo Hui grand opening More connectivity New engine order

HKRI Taikoo Hui celebrated its The Cathay Pacific Group and CFM International (“CFM”) official launch in November last have concluded an order for the advanced LEAP-1A year with a grand opening ceremony engine, which will be used to power 32 new Airbus held at its shopping mall. Jointly A321neo aircraft on order for regional carrier, Cathay developed with HKR International, Dragon; they will replace and modernise the airline’s HKRI Taikoo Hui is Swire Properties’ single-aisle fleet and support its continued expansion fifth mixed-use development in in the Asia-Pacific region. The engine order is valued at Mainland China and first ever in nearly US$1 billion at list price, with delivery scheduled Shanghai. Situated in Nanjing West from 2020. With an excellent reputation for reliability, Road district, the joint venture the LEAP engine delivers a 15% improvement in fuel comprises a shopping mall, two consumption and CO₂ emissions compared to today’s Grade-A office towers, two luxury best-performing CFM56 engine, along with significant hotels and one serviced apartment reductions in aircraft noise. HKRI Taikoo Hui building. More than 90% of the mall’s retail space has been leased out since its soft opening in May, New chapter for AHK providing an array of lifestyle shops and dining options for the city’s In November, Cathay Pacific reached agreement with vibrant community. Named HKRI Cathay Pacific will launch non-stop services linking Hong DHL to purchase the 40% shareholding in all-cargo Centre 1 and HKRI Centre 2, the Kong with Brussels, Dublin and Copenhagen starting this carrier AHK Air Hong Kong Limited (“AHK”) currently development’s two office towers summer, expanding the airline’s network to 15 European held by DHL subsidiary, Deutsche Post International are home to many Fortune 500 destinations served by direct flights from Hong Kong. B.V., for HK$36.268 million plus the retained earnings companies, with around 80% of the The services to Brussels and Dublin will operate four attributable to the AHK Minority Interest. As a result of office space already leased out or times a week, whilst flights to Copenhagen will operate the share transaction, AHK will become a wholly owned committed. seasonally on a three-times-weekly basis from May subsidiary of Cathay Pacific. Meanwhile, AHK entered to October. The airline will also launch a four-times- into a sale and leaseback transaction with DHL to sell its weekly service to Washington, D.C. for the first time in eight Airbus A300-600F freighter aircraft and associated At the launch of HKRI Taikoo Hui are (sixth from left): Mr Victor Cha, Deputy Chairman & Managing September. Operated by the all-new Airbus A350-1000 equipment to DHL for a cash consideration of HK$2,199 Director of HKR International; Merlin Swire, Deputy Chairman and CEO of John Swire & Sons aircraft, the new service will become the longest on the million; the freighters will be leased back to AHK by DHL. Limited; John Slosar, Chairman of Swire Pacific; Guy Bradley, Chief Executive of Swire Properties and Tim Blackburn, CEO of Swire Properties (Mainland China). Cathay Pacific network in terms of distance. DHL acquired its shareholding in AHK from Cathay Cathay Pacific has also announced increased services Pacific in 2002; since when, AHK has operated under Relaunching blueprint from Hong Kong to Barcelona and Tel Aviv. Its current a joint venture agreement, as part of which, it sells seasonal service to Barcelona will become a year- space to DHL on a network of overnight freight routes In October last year, Swire Properties officially round service from 15th April and will increase from from its Hong Kong hub. Under a new Block Space relaunched blueprint, at its new location spanning two three flights a week to a four-times-weekly operation agreement, AHK will operate an agreed freighter network floors of Dorset House in Taikoo Place. Moving from from July. Meanwhile, the current four-times-weekly to destinations in Asia for DHL and will receive agreed its previous location in Cornwall House, the 30,000 service to Tel Aviv will increase to six times a week from service fees and reimbursement of operating expenses. square-foot co-working hub aims to nurture innovation 25th March, with daily flights throughout October and Cathay Pacific first purchased a majority shareholding in and creativity within Taikoo Place. blueprint features November. AHK in 1994 and regards the airline as a key long-term a smart co-working area with 90 desks in an open In December last year, Cathay Dragon increased the strategic investment. plan configuration, 13 private offices of various sizes, frequency of its service between Hong Kong and Fukuoka a range of dedicated event spaces, an outdoor terrace, to eight flights per week, with a further increase to 11 as well as the TONG Bar & Café, managed by Swire flights per week between 14th January and 24th March Restaurants. Created with flexibility and collaboration in this year. The regional carrier has also launched a new mind, blueprint caters to the evolving needs of startups, four-times-weekly service between Hong Kong and small businesses and even multinationals looking for Nanning in Guangxi, further strengthening the airline’s temporary work space to engage their staff. blueprint will network in Mainland China. also stage monthly talks and networking events to inspire blueprint offers 10,000 square feet of dedicated event space, the greater Taikoo Place professional community. comprising an auditorium, a show suite and configurable conference rooms.

4 January 2018 SWIRENEWS 5 NEWSWIRE AVIATION NEWSWIRE AVIATION | BEVERAGES & FOOD CHAIN

Accredited carrier for pharmaceuticals HAECO Xiamen unveils new visitor centre New partnership

Finnair has awarded HAECO Hong Kong a contract to perform “C” Checks on its Airbus A350 fleet; the first maintenance check was completed in October 2017. Over the last decade, HAECO Hong Kong has provided aircraft engineering and maintenance services for Finnair’s Airbus A330 and A340 fleets, redelivering around 50 completed aircraft to date. The extension of services to the airline’s A350 fleet opens a new chapter in the business collaboration.

In September, HAECO Xiamen opened of an Airbus Corporate Jet ACJ318 a new visitor centre showcasing the aircraft and a 3D-printed model core capabilities of the company and of an ACJ320 aircraft, as well as Cathay Pacific has become the first airline in Hong industry stakeholders and regulators to address issues tracing the history and development interactive displays, virtual reality Kong to be awarded International Air Transport such as safety, security, compliance and efficiency, and to of Xiamen’s aircraft engineering experiences, historical photographs Association (“IATA”) CEIV Pharma Certification – a minimise product loss due to handling and environmental and maintenance industry. Special and aircraft components. globally-recognised pharmaceutical product handling factors. Two wholly owned subsidiaries, Cathay Pacific features include a full-sized mock-up accreditation. Underlining the airline’s expertise Services Limited, which operates the Cathay Pacific in handling these high-value, time-sensitive and Cargo Terminal, and Hong Kong Airport Services Limited temperature-controlled cargoes, the certification was (“HAS”), which provides ground handling services at Hong granted by the Centre of Excellence for Independent Kong International Airport, have also been awarded CEIV LEED gold certification Validators, a body set by IATA in conjunction with aviation Pharma Certification. In September, Swire Coca-Cola Beverages Hefei’s new Jinxiu plant was awarded LEED gold certification under the US Enhanced Singapore experience Green Building Council’s LEED v4 Building Design and Construction accreditation Cathay Pacific has become the first airline to scheme. The Swire Beverages project move its operations at Singapore Changi Airport team introduced green design, from Terminal 1 to the brand new Terminal 4. construction and materials purchasing The new terminal offers passengers an parameters into the plant’s development integrated suite of self-service options at fully- and incorporated a range of operational automated check-in and baggage drop-off systems to maximise energy efficiency counters, immigration clearance checkpoints at the plant, including solar roof panels, and boarding gates, thereby ensuring a fast and LED lighting throughout and zone-specific seamless experience for international travellers lighting control and energy management departing Singapore. Cathay Pacific has also systems. The Jinxiu plant has been opened a new lounge at Terminal 4. Providing identified as a showcase example of seating for more than 200 customers, it is one of Rooftop solar panels at the Jinxiu plant have a generating capacity of 3.11 billion kWh sustainability in action and demonstrates per year. the airline’s largest lounges outside Hong Kong, Swire Beverages’ commitment to putting with a design aesthetic that echoes the warmth environmental considerations at the heart and understated luxury of the airline’s award- of its business development. winning lounges at The Pier at Hong Kong International Airport. The new lounge features Cathay Pacific’s signature Noodle Bar, offering a selection of Asian dishes, including local favourite, Singapore Laksa.

6 January 2018 SWIRENEWS 7 NEWSWIRE BEVERAGES & FOOD CHAIN NEWSWIRE MARINE SERVICES

Finlays increases shareholding in Damin SPO welcomes Pacific Grebe Service upgrades

James Finlay (“Finlays”) has acquired a further 9.51% majority share of the Mainland China market and over Swire Shipping upgraded its multipurpose liner service of the equity in Damin International Holdings Limited, the past five years has developed a growing international to the Micronesia region in September last year by bringing its total shareholding to 49.51%. Damin is the sales partnership with Finlays, supplying beverage brand introducing a fixed-day weekly delivery schedule into world’s largest producer of tea extracts and third largest owners around the world. Wholly owned John Swire & Guam and Saipan, both doubling from the previous producer of botanical extracts, with a product range that Sons subsidiary, Finlays, is a leading, vertically-integrated fortnightly service. The upgrade enables customers in includes instant tea and tea concentrates, instant herbal supplier of tea, coffee and natural extracts to the global both markets to enjoy improved supply chain efficiency tea and herbal concentrates, coffee, sweeteners, bottled beverage industry. and inventory management. In the same month, greater beverages and instant beverage powders. Damin has the connectivity was introduced between Townsville in Queensland and Asian ports through an upgrade of the company’s North Asia Express (“NAX”) service. The Largest USCS site 20-day frequency service offers market-leading transit times to and from major Asian and Southeast Asian United States Cold Storage Inc. (“USCS”) has completed for shipping and receiving. All but one of the rooms at ports, including an eight-day transit to Singapore, as well an 8.5 million-cubic-foot expansion at its Quakertown Quakertown East feature fully flexible temperature as a 17- and 15-day transit from Shanghai and Ningbo East site in Pennsylvania. The project has effectively controls (-20°F to +36°F). respectively. added two new construction phases and the three-year- old cold store now ranks as USCS’ largest facility, with 15 Served by the Norfolk Southern Railroad, Quakertown The NAX service was further enhanced in November million cubic feet under one roof. East offers multi-vendor consolidation programmes, Mrs Elisabeth Mathison (centre), Ron Mathison (back row, left), and with the introduction of a new call at Rabaul in Papua cross-docking and product tempering services. Certified Pacific Grebe’s officers and crew. New Guinea. The 20-day frequency call at Rabaul offers Quakertown East opened in August 2014, with 6.5 million by the USDA (US Department of Agriculture) and FDA transit times of 11, 17, 21 and 24 days respectively from On 23rd August last year, Swire Pacific Offshore (“SPO”) cubic feet of storage space. USCS broke ground for (Food and Drug Administration), the site also offers South Korea, Japan, Mainland China and Taiwan. These held a naming ceremony for the latest addition to its the addition in December 2016 and has added 29,344 managed logistics, shuttle and brokerage services. services are supported through the deployment of fleet at Loyang Offshore Supply Base in Singapore. additional pallet positions and 28 more dock doors modern, eco-friendly vessels as part of the company’s Pacific Grebe is the sixth of ten Platform Supply Vessels long-term commitment to deliver sustainable shipping in the “G” Class series built by Japan Marine United solutions to its customers. Corporation; the name “grebe” comes from a species of freshwater diving birds. Attended by over 50 guests, the ceremony was graced by Lady Sponsor, Mrs Elisabeth Mathison, who is the wife of SPO’s Managing Director, Ron Mathison.

Seabed Stingray

In October, Swire Seabed signed an agreement with Siem Offshore to bareboat charter its subsea vessel Siem Stingray for a period of three years; the vessel will be renamed Seabed Stingray. With an overall length of 120 metres, the vessel is equipped with a 250-tonne offshore crane, a free deck space of 1,350 square metres and two heavy-duty, work-class ROVs (Remotely Operated Vehicles). Seabed Stingray will be mainly engaged in Photo courtesy: Harald M. Valderhaug Photo courtesy: M. Valderhaug Harald construction support, IMR (inspection, maintenance and repair), and renewable energy sector operations, with a special focus on North European and West African markets. Swire Seabed’s owned subsea vessels, Seabed Worker, Seabed Supporter and Seabed Constructor, are all currently contracted for work in survey and construction projects on a long-term basis.

8 January 2018 SWIRENEWS 9 NEWSWIRE TRADING & INDUSTRIAL NEWSWIRE IN THE COMMUNITY

Exclusive brands Symphony Under The Stars

Swire Resources has recently added two more brands from the accessible luxury segment to its portfolio of international labels. The company has been appointed exclusive distributor in Hong Kong, Macau and Mainland China for Paris street- chic fashion house, The Kooples and for Canadian shoe and accessory label, ALDO.

Founded in 2008, The Kooples has garnered wide acclaim for its beautifully- cut garments that offer a unique mix of meticulous attention to detail, “Rock ‘n roll” aesthetic and androgynous style. The Kooples already boasts more than 400 At the officiating ceremony are (left to right): Mr Michael MacLeod, Chief Executive of the HK Phil; John Slosar, Chairman of Swire stores in 36 countries and Swire Resources’ Pacific; Mr Lau Kong-Wah, JP, Secretary for Home Affairs of first flagship store for the brand opened the Hong Kong SAR and Mr Y S Liu, Chairman of the Board of Governors of the Hong Kong Philharmonic Society Limited. at Hong Kong’s Pacific Place shopping mall in November. Three new ALDO stores Swire Symphony Under The Stars 2017 took place on local pianist Johnson Li and violinist Paloma So, treating have meanwhile opened at key Hong Kong 11th November at the Central Harbourfront. Under the audience of around 15,000 concert-goers to a locations at Cityplaza in Taikoo, SOGO the baton of Principal Guest Conductor, Yu Long and musical and visual feast. During the event, Chairman of in Causeway Bay, and Langham Place in with popular TV personality, musician and magician, Swire Pacific, John Slosar, announced the renewal of Mongkok. Founded in Montreal in 1972 Harry Wong, as Master of Ceremonies, the Hong Kong Swire’s commitment to the HK Phil as Principal Patron by shoe designer Aldo Bensadoun, ALDO Philharmonic Orchestra’s (“HK Phil”) annual outdoor for another three years from April 2018 with a grant of effortlessly blends bold, youthful, but musical extravaganza featured performances by noted HK$46.4 million. affordable style with quality and wearability.

As exclusive regional distributor for these labels, Swire Resources will play a key To Fiji with love role in helping them to gain a share of the Swire Shipping has arranged free fast-growing Greater China market, where Montreal-born label ALDO (top) and Paris-based The Kooples. shipping and delivery of school consumers have an increasing appetite for equipment, classroom furniture and international luxury and lifestyle brands. sports gear to three schools in Fiji that are still rebuilding after being extensively damaged in Tropical New dealership Cyclone Winston in February last year. These items were donated to Mercedes-Benz Malaysia has announced the appointment accessories and merchandise as well as financial Naitavuni District School, Waidina of Auto Commerz as its dealer partner, at the launch services; a permanent showroom will be opened in 2019. Secondary School and Nabukalua of a new temporary showroom in Jalan Genting Klang The dealership appointment marks a strengthening Primary School by the Hong Kong in Kuala Lumpur. Auto Commerz is a part of the Taikoo partnership with Mercedes-Benz, as Taikoo Motors seeks International School and by Valley Motors Group, which also retails Mercedes-Benz vehicles to expand its business across the fast-growing ASEAN Fort Rugby Football Club, initiated by in Taiwan. In addition to displaying the latest Mercedes- region. former China Navigation Company Benz models, the interim showroom provides genuine Managing Director, Tim Blackburn.

Fijian schoolchildren were overwhelmed to see the arrival of a 40-foot container truck packed with brand new gear.

10 January 2018 SWIRENEWS 11 NEWSWIRE AWARDS & RECOGNITIONS NEWSWIRE AWARDS & RECOGNITIONS

Sustainability efforts recognised Award-winning hotel HAECO Xiamen wins QC award

In the third quarter of 2017, Swire Pacific received The Temple House, , has come fifth in the “Top In September last year, HAECO Xiamen won a Quality recognition for its ongoing efforts to develop its Hotels in China” in Condé Nast Traveller’s Readers’ Control (“QC”) Circle Appreciation Award at the businesses along sustainable lines, retaining its position Choice Awards 2017. More than 300,000 travellers Nationwide QC Circle Conference in Japan. The award in two major global sustainability indices, the Dow Jones voted in the annual survey to help create a list of recognises HAECO’s development of a new tool that Sustainability Index Asia Pacific and the Hang Seng winning favourites. The award-winning hotel was ranked assists with the installation of insulation blankets in Corporate Sustainability Index, for the third consecutive number one in the “Ten Best City Hotels in Asia” and aircraft. Deployment of the new tool has brought about year. Swire Pacific received the highest mark in the number 19 in “The Top 100 Hotels in the World” in The a 32% reduction in man-hours spent on fitting lining environment category out of all Hong Kong listed 2017 World’s Best Awards organised by Travel+Leisure. material, improved working conditions for technicians and companies in the Hang Seng Corporate Sustainability The hotel’s spa has been voted “Best Men’s Treatment of lower health and safety risks. The award is a testament Index. the Year” by SpaChina and its pool was ranked number to HAECO Xiamen’s efforts to match the highest industry four in “17 jaw-dropping pools around the world” by workplace standards and a great encouragement for the Swire Properties has also retained its places in both CNNtravel. company’s quality-oriented culture. indices, and was the only company from any sector from Hong Kong and Mainland China to be included in the Dow Meanwhile, The Upper House in Hong Kong was voted Jones Sustainability World Index. In addition, the Swire number 20 in Condé Nast Traveller’s Readers’ Choice Award for people investment group’s property arm was recognised by the Global Real Awards 2017 “Top Hotels in China” and was also Estate Sustainability Benchmark (“GRESB”), an investor- included in “The World’s Top 100” hotels by Condé Nast Swire Pacific Offshore (“SPO”) has won the “Investing driven organisation that assesses environmental, social Traveller UK. in People” award in the 18th Annual Business Awards and governance performance of real assets globally. organised by the British Chamber of Commerce in The organisation gave Swire Properties a GRESB Singapore. As a first-time winner of this award, SPO was 5-star rating, its highest category for sustainability recognised for its sustained endeavours to nurture and performance, indicating that the company is among the acknowledge staff development. The Annual Business top 20% of the 850 companies assessed. Awards were established to recognise outstanding individuals and companies that have shown notable business excellence in various areas. Swire Pacific clinches two awards

Swire Pacific’s 2016 Annual Report has won high marks for its professionalism and comprehensive disclosure. The report won the Bronze Award in the “General” category in the Hong Kong Management Association’s Best Annual Reports Awards, announced in November. The report was commended by the panel of adjudicators Photo courtesy: Studios Live for its outstanding presentation and clear illustration, The Temple House with charts and photographs to highlight business developments and sustainable growth to stakeholders. The Best Annual Reports Awards is an annual Popular employer competition which aims to encourage the publication of Harmony Photography Photo courtesy: Yung’s timely, accurate, informative and well-presented annual In October, Swire was once again named as one of the reports for shareholders, employees and the public. most popular employers in Hong Kong. The group took Colin Payne, SPO’s Human Resources Director (centre), receives the top position in the 2017 jobsDB Top Ten Companies the award from His Excellency Scott Wightman, the British High Commissioner in Singapore and Bicky Bhangu, President of the British Also in November, Swire Pacific won the “Outstanding Survey, along with its operating company Cathay Pacific Chamber of Commerce Singapore, at the gala presentation dinner on Listed Companies” award organised by the Hong Airways. The survey sought the opinions of over 26,000 28th September. Kong Institute of Financial Analysts and Professional people across the Asia Pacific region and found that Commentators Limited. company benefits and work-life balance were the top priorities for employees. The ranking recognises the group’s efforts to provide a fulfilling work place and is a testament to Swire’s brand power as an employer of choice in Hong Kong.

12 January 2018 SWIRENEWS 13 CENTRE STAGE CENTRE STAGE

Thirsting for more time, The Coca-Cola Company which drives improvements in to-drink (“NARTD”) products. was engaging in a massive global revenue growth and profitability.” Yet despite its size, per capita refranchising exercise to refocus consumption of Coca-Cola The refranchising also helps to its business on consumer research, beverages in Mainland China is drive efficiencies in supply chain branding and portfolio development. only slightly more than 40 eight- management. From a logistical These two factors created the ounce servings per year, which is viewpoint, having one large opportunity to streamline the relatively low compared with other territory, instead of the suboptimal franchise so that bottlers could more mature markets, such as Hong territories of the past, creates optimise their operations.” Kong, where per capita consumption more opportunities to service sales is over 200 servings. This provides Today, the bottling franchises in centres from the closest possible ample opportunity for growth. Mainland China are held either by production and distribution points, Swire Beverages or COFCO, with helping to reduce delivery costs. Mainland China’s beverage market each group controlling a contiguous Over time, there is significant is also fragmented, with packaged territory. The Swire Beverages opportunity to optimise capital water accounting for 40 percent franchise covers a unified region allocation too. “Decisions about of total market share, while the in southern, eastern and some where to invest in production plants remainder is split between sparkling central parts of China. This has can be taken from the perspective soft drinks, juices and tea, and created many opportunities. For of the whole territory, rather than emerging categories such as coffee, instance, revenue management on a province-by-province basis,” energy drinks and hydration drinks. is much easier across a single, Pat Healy says. Currently, Swire Beverages has 65 interconnected area, rather than a percent of the market share for patchwork of franchises in different sparkling beverages and is number territories. Explains Healy: “We now Seizing abundant one in the country for juices. For have the scale and continuity, for opportunities Karen So, the focus is on increasing example, to make decisions over Swire’s share: “We want to make product launching and pricing on In Mainland China, the beverage sure our system can roll out more our own and at greater speed. The market is extremely large. Each categories, to gain a significant share new system enables us to take full year, 27 billion unit cases* of of the total NARTD market,” she On 1st July last year, Swire Beverages completed the acquisition of control over pricing and revenue beverages are produced, of which says. management for the entire territory, 20 billion are non-alcoholic, ready- its new franchise territory in Shanghai, representing the final transaction One trend that will help Swire in the realignment of Coca-Cola’s bottling operations in Mainland China. Beverages seize many more In this edition of Swire News, Pat Healy, Swire Beverages’ Managing opportunities is that consumer Director, and Karen So, Executive Director – China Operations, discuss tastes are changing. As Healy confirms, “The beverages market in how the realignment positions the company for further growth. China is becoming more premium, so there are opportunities to introduce new brands in new categories and The realignment was the COFCO Corporation) and Swire Contiguity and growth in premium packages. Our capacity culmination of a refranchising Beverages Holdings Limited. The to maximise revenue growth is initiative, announced in November deal has expanded Swire Beverages’ Reflecting on the franchise system becoming greater.” A case in point 2016, under which all of the scale of business on the Mainland prior to the realignment, Pat Healy is packaged water. While packaged bottling territory in China owned by 50 percent. The company now says: “The structure of the China water accounts for a significant by The Coca-Cola Company’s owns 18 plants in 11 provinces and franchise has been built up over share of the market, much of it Bottling Investments Group has the Shanghai municipality, selling time, so we had different franchises has a retail value as low as RMB1 been acquired by Coca-Cola’s the Coca-Cola family of beverages held by COFCO, Swire and the per bottle. However, as Karen So two franchise partners, COFCO to half the country’s population – Bottling Investments Group. This identifies, a shift in preference is Coca-Cola Beverages Limited (a over 650 million people. led to inefficiencies and waste underway: “The water market is subsidiary of the state-owned within the system. At the same Swire Beverages’ Managing Director, Pat Healy and Executive Director – China Operations, Karen So. *A unit case comprises 24 eight-ounce servings.

14 January 2018 SWIRENEWS 15 CENTRE STAGE CENTRE STAGE

communicate with our sales Striving for a brighter of the new acquisitions will be fully representatives. When they walk future incorporated into the Swire system into an outlet, the fridge connects until late this year. In addition to with their hand-held device and As with any merger, the realignment ensuring new employees embrace uploads information such as how has faced a number of initial Swire’s culture, it will also take often the door has been opened challenges. This is hardly surprising time to align operating systems to and at what time, what traffic has considering the vast expanse of achieve uniformity across the entire been like and which products have China’s geography, as well as territory. Nevertheless, progress is been sold.” This data can be broken the very real issue of integrating being made in these areas, laying the down according to region and used systems, processes and even foundations for future success. to create valuable insights about company culture across a newly For Swire Beverages in China, the Swire’s customer base. acquired workforce from other future looks undeniably bright. bottling franchises. From a consumer perspective, “The relationship between Swire technology is also radically So describes the process followed Beverages and Coca-Cola is one of changing the business. “In China, during the transition: “We study a long-term, strategic partnership. more and more vending machines what is going on in the new bottling The fact that Coca-Cola has are cashless, with consumers plants we have acquired. We do not allowed us to increase the scale of opting to use Alipay and WeChat say, ‘This is Swire and you need to our business by a factor of about Pay. These vending machines do things our way.’ During the first 3.5 in the United States and by 50 also communicate directly with three months of any transition, percent in Mainland China is a very our bottling plants and tell us we deploy a lot of resources – strong statement of trust,” says exactly which products need to be both people and time – so we Healy. As the newly aligned China restocked. In many ways, China can understand, learn and record System settles into its first full year leads the market in the application how our newly acquired plants do of operation, Swire and The Coca- of technology because of the huge business and why they are at their Cola Company are committed to The realignment has created a more efficient franchise system in China, with Swire Beverages and COFCO each controlling a contiguous territory. innovations that we can leverage, current stages.” deepening and strengthening this historic partnership and making the plus a very young and tech-savvy Full integration is still a work in most of the exciting prospects on the customer base,” says Healy. progress, as each plant provides its becoming more premium, with effort into expanding our packaging horizon. Harnessing innovation own unique challenges, and not all water being launched that costs portfolio, so our consumers will and technology consumers between RMB2 and always be presented with the right RMB5 per bottle. This segment will product and the right packaging to In former times, bottlers ran on continue to grow at a double-digit suit the occasion,” explains So. simple business models, with level for the next few years, so there a small number of brands and are opportunities for us to upgrade Bolstering market penetration will categories. Today, however, the our offerings in this market,” she also help to drive sales, although competitiveness and complexities of says. this is currently a challenge due the industry and an ever-expanding the vast array of different types of portfolio mean that it is essential As consumers in Mainland China retailers in what is a huge country. to apply increasingly sophisticated increasingly look for premium So adds, “At present, our distribution technology to bottling operations. products, opportunities exist to network only covers about half of In particular, sales teams are now develop different types of packaging the total number of stores; there is equipped with smartphones that in order to drive greater profitability. plenty of room to optimise our route contain all the data they need to New brands in new “Even in categories where we’re to market and further strengthen service their customers throughout categories are being strong, the packaging offered to our distributer and wholesaler introduced to the China. China market to drive consumers is still quite limited, system, and to better organise our greater profitability compared with markets in Latin sales force in order to cover more For Healy, this is transformational: from the growing consumer segment America and North America. outlets where our products are “The power of technology is that values premium Therefore, we have to put a lot of sold.” exciting. Coolers and fridges now products.

16 January 2018 SWIRENEWS 17 INSIDER INSIDER

A matter of taste

Over the past century and a half, the Sri Lankan tea industry has traditionally employed mainly women in manual roles, such as tea-picking. Conversely, the industry’s white-collar positions have until very recently been male-dominated – despite a very high rate of female literacy in Sri Lanka. Satyani Rajapakse is Finlays Tea pluckers ensure the best quality teas are harvested, by hand-picking the most tender leaves. Colombo’s first female tea taster and tea blender. Here she talks to us about her work. How many rounds of Biotechnology. I applied to Finlays climbs the hills to pluck the most tea tasting do you get for a different post. However, the succulent, tender tea leaves to give through in one day? senior management felt that this the best quality product! What is your job? would be a better opportunity and took me onboard in the capacity of I am a tea taster and a tea blender at Finlays Colombo On a weekly basis our team must a trainee tea taster. I am fortunate Limited. I’m responsible for evaluating tea quality, evaluate around 12,000 samples Can you share with to have a senior management attending the weekly tea auctions in Colombo to of tea, to prepare for the weekly us some tips to help team that mentors and guides purchase tea according to customer requirements, and auctions. A minimum of 500 cups a improve tea making at me and I am now in my tenth year blending teas to ensure consistency. day need to be tasted. home? at Finlays. Passion for what I do

today is something that grew in me Rule number one: freshly drawn What does a tea taster actually do? Describe some of the and keeps growing as I continue water always. challenges your job exploring the truly amazing camellia sinensis – the tea plant. The water must be heated to boiling At its simplest level, a tea taster tastes tea 24/7! brings. The skill in this activity lies in combining hundreds of point for black tea and a little lower individual teas to match the quality parameters of one The most challenging yet exciting for green tea. established standard. The standard differs from client days of the week are auction days What makes a superior Rule number two: do not over-boil. to client, from market to market. It is my job to ensure – Tuesdays and Wednesdays. These quality tea? continuity in supply for each of our clients and never are the days I feel proudest of myself, When water is over-boiled, the Now that’s a tricky one! Every deviate from their agreed blend recipe. as the only lady representing Finlays oxygen content is destroyed and market and every palate has a and one of only a handful in the trade, this results in poor activation different definition of good quality. fighting neck and neck with more than of the aromatic flavours and However, as a taster and blender Where is the tea-tasting held? 200 men to buy tea – a very satisfying characteristics of the tea. feeling at the end of the day! It gives there is very little I can do if the first There is a special room in the office to carry out all me a huge sense of achievement to step in the supply chain – which is My favourite cup of tea would be tea-related activities and it is here the magic happens. buy my targeted requirement of tea at production – is not up to the mark. In a bright golden red cup of tea with Many factors – such as natural light, proper ventilation my targeted price. other words, the quality of the final a hint of ginger and sugar. I also and storage space – need to be taken into account when cup of tea you and I drink is in the fancy a perfectly balanced tropical designing a tea room. The usual equipment for tasting hands of the tea plucker. If she fails flavoured green iced tea to put me Satyani believes that passion, commitment and hard work are the to pluck the finest leaves there’s drivers for success as a tea taster. includes a kettle, a cup, a bowl, a lid with a timer to brew Where did your love of in a chirpy mood. When we are in the the tea – and a great palate also comes in handy! very little I can do at this end to get mood to experiment, we can always tea come from and how a good quality cup. did you become a tea create a perfect blend.

taster? So the success of the so-called male dominated industry actually Tea actually found me! I am a lies in the hands of the woman who Science graduate with a degree in

18 January 2018 SWIRENEWS 19 PEOPLE PEOPLE

Intra-Group Running Competition TaiFoong Trophy

Swire has won the TaiFoong Trophy for the sixth consecutive year. This annual, 18-hole golf competition between Swire and HSBC celebrates the strong bond between two of Hong Kong’s oldest companies; “TaiFoong” is an amalgam of the two organisations’ Chinese names, Taikoo (“Great and Ancient”) and Wayfoong (“Abundance of Remittances”). The event was inaugurated in 1992, with each company playing host in alternate years; HSBC organised the 2017’s event at the Shek O Golf & Country Over 600 enthusiastic participants turned up at the starting line of the Winners of the 10km Corporate Team event pose for a group photo at the running competition. presentation ceremony. Club on 10th October. While HSBC claimed both closest-to-the-pin Team Swire (in white) were captained by Cathay Pacific’s Chief Financial Officer Martin Murray The fourth annual Swire Intra-group Running Competition with William Davies triumphing in the 10km Men’s Master awards, Walter Li of Swire smashed (centre). was held on 21st October at the Pak Shek Kok for the second year in a row. his ball a powerful 280 yards to Promenade at Hong Kong Science & Technology Parks. claim the longest drive award. Cathay Pacific continued to dominate the 3 x 1km Cathay Pacific recaptured the 10km Corporate Team Relay Races, coming first in the Ladies’, Men’s and championship this year, as well as claiming victory in the Mixed categories, while Swire Beverages topped the 10km Individual category, with Jinko Takeshige, Candy Senior Executives category. This year also marked the Lai and David Li winning the Ladies’ Master, Ladies’ Open introduction of the 3km Individual Race, and the inaugural and Men’s Open categories respectively. Swire Beverages winners for the Ladies’ and Men’s categories respectively Remembrance Day – last year’s winner of the 10km Corporate Team were See Ying-Yee and Alfred Siu – both from Cathay Competition – followed closely behind in second place, Pacific.

Representing the Swire group, Tom Owen (fifth from left), Cathay Pacific’s Director People, laid a wreath at the Cenotaph in Hong Kong on Remembrance Sunday, 12th Paddle up November, paying tribute to those who fell during the First and Second World Wars and in other conflicts.

A team of 11 hardy oarsmen braved a cold September’s afternoon to represent the Swire group at a fundraising dragon boat race organised by the shipping industry in London last year. Representatives from Swire Bulk, James Finlay and John Swire & Sons Limited took to the water at the London Docklands Aquacentre against 23 other teams. The Swire team came in a respectable third after a few pre-match training sessions. They also raised

just under £6,000 for the Great Ormond Street Children’s Back row (left to right): Neil Drury, Oliver Taylor, Finola Fennell, Hospital in London. Philippe de Gentile-Williams, Louise Conroy, Julian Davies, Paul Henson. Front row: James E. Hughes-Hallett, Austin Ellis, Sarah Irving, Joe Ackland

20 January 2018 SWIRENEWS 21 PEOPLE PEOPLE

Appointments

Cathay Pacific Airways Ltd. Customer Roger Barstow Vivian Chan Richard Knight Ingrid Lee Kwai Ha Walter Li Chun Ting Bernard Mills Jonathan Tho joined Catering Centre of joined Brand, Insights and joined People Department has been appointed Assistant has been retitled Customer has been appointed Head of has been appointed Assistant to Excellence as Head of Culinary Marketing Communications as Head of Performance and Manager Customer Experience Insights Manager. Customer Experience F&B and General Manager Brand, Insights Excellence. Department as Head of Reward. – Airports. Hospitality. and Marketing Communications. Annie Ling Marketing Communications. Jasmine Li Oi Yan has been appointed Head of Eva Ng See Wah Isla Yu Hui Yin has been appointed Head of Customer Experience – Digital. has been appointed Digital has been appointed Assistant Ethos International Ltd. HAECO Group Customer Experience Ground Experience Manager – Manager Marketing. Keri Lui Ka Wai Product. Personalisation and Conversion. Portia Cheuk Wing Man HAECO Americas has been appointed Project joined Learning & Development Zenith Manager. Department as Senior Doug Rasmussen Consultant. has been appointed President and Group Director, Cabin Digital Engineering International Affairs Solutions. Portia Catherine Chan John Brownen Maple Cheng Ying Peonie Lo Pok Yu has been retitled Digital has been appointed Head of has been retitled Head of has been retitled Head Manager – Operations. Hong Kong Operations. Strategic Engagement. of Regulatory Affairs – John Swire & Sons (H.K.) Ltd. International. Tina Chan Teing Teing Sharon Lam Hiu Man Joey Lau Shuk Ki May Ng Yee Chun joined Swire Trust as Head of joined Staff Director’s joined Sustainable Development joined Group Internal Audit People Procurement and Aircraft Philanthropy. Department as Recruitment Department as Assistant Department as Auditor. Trading Specialist. Manager – Sustainable Catherine Sin Ryan Fung Chi Wing Patrick Wong Cheuk Lun Development. has been appointed Learning Glenn Hodgson joined Staff Director’s joined Staff Department as Manager – Planning & has been appointed Head of Department as HRIS Specialist. Manager – Personnel. Operations. Procurement – Powerplants and Engineering Services. Swire (Beijing) Management Consultancy Ltd. Service Delivery Strategic Transformation Mia Wu Liuqing Samantha Ngai Ka Hay Maggie Wong Yu Ling Jennifer Zheng Yue Matthew Choi Wan Hei joined Group Risk Management has been appointed Assistant has been retitled Head of Hong has been retitled Future Airport has been retitled Strategic Department as Risk Manager Inflight Customer Kong International Airport. Experience Manager. Transformation Commercial Management Supervisor – Service Delivery – Premium Manager. China. Cabin.

Outports Promotions, Transfers & Title Changes SOUTH ASIA, MIDDLE CHINA EAST & AFRICA SOUTH EAST ASIA UK & EUROPE

Asia Miles Ltd. Clement Lau Kai Lam Jonathan Ng Kai Chung Kennedy Chung Man Kit Justin Chang Pei Yan has been appointed Area has been appointed Country has been appointed Port has been appointed Country Sabrina Lau Cheuk Ling Rose Wei Ran Leo Yeung Kin Lai Manager – Northern China. Manager Middle East. Manager Penang. Manager Benelux & Scandinavia. has been retitled Loyalty has been retitled Market has been appointed Strategic Optimisation & Corporate Development & Airline & Programme Development Lance Kwong Cho Yeung Planning Head. Partnership Manager. Manager. has been appointed Country Manager Vietnam.

Cathay Pacific Airways Ltd. Commercial Jason Choi Tung Chun Parthenia Lai Hiu Yan Corinna Leung Mio Chun Selina Miao Miao has been appointed Passenger has been retitled Revenue has been appointed Lean has been retitled Head Network Manager. Management Operations Programme Manager – Lean of Revenue Management Manager. Academy. Operations. Preston Hung Faan Yan has been appointed Head of Kenneth Lee Rain Luo Jiaying Jenna Yu Wei Revenue Management Strategy has been appointed Head of has been appointed Assistant has been appointed Online Sales and Systems. Distribution Strategy. Manager Sales Development – Manager HK and PRD. Commercial Sales Tools.

22 January 2018 SWIRENEWS 23 PEOPLE PEOPLE

Chongqing New Qinyuan HAECO Group Swire Cold Chain Logistics Swire Cold Chain Logistics Swire Cold Storage Vietnam Ltd. Bakery Co. Ltd. (Nanjing) Co. Ltd. (Shanghai) Co. Ltd. HAECO Hong Kong HAECO ITM HAECO Xiamen Tran Man Khanh Truong Thi Le Hang Kira Li Biqi Kobe Chen Xianzhe Peter Lee has been appointed Warehouse has been appointed Customer Thomas Chan M H Tang Alan Yu Cheuk Hung has been appointed Business has been appointed Acting Site of Swire Pacific Trading & Manager. Service Manager. has been appointed Technical has been appointed Manager has been appointed Project Development Manager. Manager. Industrial Group – Swire Pacific Training Manager (Training (Repair Management). Manager. Cold Storage has been seconded Services & Trainees). to Swire Cold Chain Logistics Patrick Wong (Shanghai) Co. Ltd. as Director has been appointed Executive and Deputy General Manager. General Manager, Line Services.

Swire Foods Holdings Ltd. Swire Guangdong Coca-Cola Swire Pacific Offshore Hong Kong Dragon Airlines Ltd. Ltd. Nelson Law Yat Keung SINGAPORE Outports has been retitled General Samuel Hart Timothy Haughton Manager – Group Supply Chain. has been appointed Immediate CHINA has been appointed Assistant Consumption Executive. Charles Chan Chung Wah Stanley Lee Sai Hang Andre Sin Wai Chung Manager, Marine Services. has been appointed Port has been retitled Port Manager has been appointed Port Manager Chongqing. Zhengzhou. Manager Qingdao. Swire Properties Ltd.

Gary Chui Yu Hin Tracey Ma Ki Lam Mickey Yip Cheuk Man BEIJING CHENGDU has been appointed Business has been appointed Port has been retitled Port Manager Development and Marketing Manager Nanjing. Hangzhou. Taikoo Li Eileen Chen Menglin has been retitled Portfolio Manager – PRD. Anna Chen Xiaoying Irisa Lam Yan Tung Manager. has been retitled Assistant has been retitled Senior Director – Portfolio Portfolio Officer. Hongkong United Dockyards International Automobiles Ltd. John Swire & Sons (China) Ltd. Management. Ltd. Alsace Cheng Yan Yu Nicolas Zhai Yue Jacky Yuen Jing Kiu has been appointed Assistant has been appointed Manager – has been appointed Engineering Sales Project Manager. Hong Kong & Pearl River Delta. Project Manager. TaiKoo Hui Lincoln Feng Chuan Jessica Huang John Swire & Sons (H.K.) Ltd. Supreme Motors Ltd. has been retitled Portfolio has been appointed General Chow Ka Ho Andrea Chu On Yee Patricia Lam Ka Fan Judy Yeung Hiu Ching Manager. Manager, TaiKoo Hui. has been appointed Chauffeur. has been appointed Finance has been appointed Executive has been appointed Assistant Manager, Ethos International Assistant to Development Manager. HONG KONG Ltd. & Swire Trust. Director of Swire Pacific Ltd. blueprint Digital Marketing Finance Marketing & Communications

Swire BCD Co. Ltd. Swire Beverages Anezka Chan Hiu Tung Peter Wu Crystal Chan Kan To Eleanor Walter has been appointed New has been appointed Digital has been appointed Accounts has been appointed Customer SHANGHAI Sheila Hsu Ventures Analyst. Officer. Supervisor. Relationship Management has been appointed General Mote Pooley Alexander Style Officer. Manager, Corporate has been appointed Senior has been appointed Assistant Communications. Manager, Innovation & Manager, Channel Development. Portfolio Management Residential Commercialisation. Fioni Cheung Ka Hei Eugenia Lee Hoi Kei Amy Yiu Man Sze has been retitled Senior has been appointed Portfolio has been retitled Senior Sales Swire Coca-Cola Beverages Swire Coca-Cola Beverages Swire Coca-Cola Beverages Property Officer (CGMO). Manager (CPMO). Officer. Hefei Ltd. Jiangsu Ltd. Zhejiang Ltd. Yiteng Hu Ashley Yang Xu Jamie Morrison has been appointed Sales has been appointed Sales has been appointed Full Service The China Navigation Co. Pte. Ltd. Representative. Representative. Vending Manager. MIAMI SAN RAFAEL TOKYO

Anna Szczerkowska Antony Riley Nicholas Schoepfer has been appointed Assistant has been appointed Assistant has been appointed Assistant Chartering Manager. Chartering Manager. Trade Manager of Ben Line Agencies (Japan) Ltd.

24 January 2018 SWIRENEWS 25 PEOPLE PEOPLE

Long Service 10 years John Swire & Sons (H.K.) Ltd. A long service and retirement Maple Cheng Ying Gina Lam Kit Ying Alex Zhang Zhang medal presentation was held in – Head of Strategic Engagement, – Secretary, Swire Pacific Ltd. – – Portfolio Manager, Swire Hong Kong on 28th September Cathay Pacific Airways Ltd. Treasury Properties Ltd. – Taikoo Hui last year at the Centre of (Guangzhou) Development Excellence in Oxford House, Joanna Ku Yuk Chun Jasmine Li Oi Yan Co. Ltd. Taikoo Place. John Slosar, – Assistant Director – Portfolio – Head of Customer Experience Chairman of John Swire & Sons Management, Swire Properties Ground Product, Cathay Pacific (H.K.) Limited, presented medals Ltd. – Elite Gate Ltd. Airways Ltd. to the following staff, who have served the group for 30 – 40 years: (left to right) Johnny Wong, Vincent Leung, Lee Retirements Wai Lam, Julie Tse, Augustus HAECO Group John Swire & Sons Overseas Swire Beverages Tang, Michelle Low, Delia Lam, Ltd. James Tong, Maggie Wong, Kevin Kruger Kathy Ho Winnie Chow, Maggie Yim and Executive General Manager, Line Martin Cubbon General Manager – Public Beatrice Leung. Julie and Delia Services of Hong Kong Aircraft Corporate Development & Affairs & Communications, were receivers of the retirement Engineering Co. Ltd., retired in Finance Director of Swire Pacific China of Swire Beverages, medal. November 2017 after 17 years Ltd., retired in October 2017 retired in December 2017 after of service with the company. after 31 years of service with 30 years of service with the 35 years 30 years the company. company.

John Swire & Sons (H.K.) Ltd. John Swire & Sons (H.K.) Ltd. Taikoo Sugar Ltd. Lee Wai Lam Johnny Wong Kwok Wah Beatrice Leung Wing Yin – Messenger, Staff Director’s – Office Assistant, Company – Administration Manager, Births Department Secretary’s Department Finance & Administration Department To Chris Bowden of Swire To Anna Lee Bik Wa of John To Thomas Edward Rhodes To Mark Watson of John Pacific Offshore – Singapore, and Swire & Sons (H.K.) Ltd., and Lo of Swire Properties Ltd. – Swire Swire & Sons (H.K.) Ltd., and 25 years Zahra, a son, Theo Samba, in Hang Kei, a daughter, Oi Yui, in Properties (China) Investment Sophie Swingewood of Swire October 2017. June 2017. Co. Ltd., and Kim Naomi Properties Ltd., a daughter, John Swire & Sons (H.K.) Ltd. Macnamara, a son, Theodore Aurelia Joyce Katharine, in To Donald Fraser of The To Dominic Perret of Cathay Michelle Chan Mun Sheung Arnold Cheng Ka Kui Yale Leung Kwok Keung Franky Tam Yau Shing James, in July 2017. December 2017. China Navigation Co. Pte. Ltd. – Pacific Airways Ltd., and Gricia, – Payroll Administrator, Finance – Director (Hong Kong & Pearl – Tax Accountant, Taxation – Business Development Singapore, and Jessica, a son, twin daughters, Alice Yu Lin To Mark Wang Tianbin of To Leo Yeung Kin Lai of Asia & Accounts Department River Delta), John Swire & Sons Department Director, Swire Pacific Ltd. – Lachlan George, in October and Sophie Yu Pei, in August Swire Properties Ltd. – Beijing Miles Ltd., and Jaclyn Fu Lee, (China) Ltd. Trading & Industrial Division 2017. 2017. Sanlitun South Property a son, Evan, in September 2017. Management Co. Ltd., and Li 20 years To Manuela Hayes of John To Jenna Yu Wei of Cathay Yan, a daughter, Shaoqi, in Swire & Sons Ltd., and Owen, a Pacific Airways Ltd., and Wang John Swire & Sons (H.K.) Ltd. August 2017. son, Dylan, in September 2017. Libing, a daughter, Yuran, in Patricia Lam Ka Fan Jenny Li Yee Wai Andrew West August 2017. – Executive Assistant to – Secretary, Group Retirement – Head of Retirement Benefits, Development Director of Swire Benefits Department Group Retirement Benefits Pacific Ltd., Swire Pacific Ltd. Department

15 years

John Swire & Sons (H.K.) Ltd. Taikoo Sugar Ltd. Ruth Khao Wai Lan Benny Wong Ping Hung – Deputy Company Secretary, – Commercial Director, Company Secretary’s Commercial Department Department

26 January 2018 SWIRENEWS 27 PEOPLE

Glen Douglas William Swire

1942 – 2017

We regret to announce the death of Glen Swire, who a Director of John Swire & Sons Pty; additionally, he served as a Director of John Swire & Sons Limited from had oversight of JS&S charitable interests and of the 1978 to 1998. London office staff.

Glen was educated at Eton and at Trinity College, Outside business, Glen’s particular passion was Oxford, where he read law and was a Boxing Blue. His horse racing, a sport about which he was extremely early career began with BP; this was followed by stints knowledgeable and in which he was involved as an in the airline business, as a key executive with package owner and latterly as a steward at Brighton and at travel pioneer Court Line Aviation. And in shipping with Plumpton Racecourses. Urbane and genial, Glen was OCL, and as a London director of the Spanish shipping a man who never lost his enthusiasm or his sense of agency business, Berge y Cia. In 1978, he joined John humour in the face of considerable adversity in terms Swire & Sons – the firm founded in 1816 by his great- of his ongoing health issues, which led to his early great-great-grandfather, John Swire of Liverpool. retirement in 1998.

Given his background in the oil industry with BP, Glen Glen’s death on 3rd September, aged 75 years, was a natural fit to become Chairman of the North Sea followed a courageous battle with the little understood offshore oil support company, Swire EPD – acquired condition, Relapsing Polychondritis, and he was a by the group in 1979 as EPD Containers & Supply founding member and tireless fund-raiser for the and today known as Swire Oilfield Services. He was charity RELACS, which aims to support patients and also involved with the Mauritius trading group, Ireland professionals in the treatment of conditions involving Blyth Limited, as a Director of its UK parent company, large airway collapse. Blyth, Greene, Jourdain & Co., which became a wholly Glen is survived by his wife Caroline, daughters Joanna owned subsidiary of JS&S in the same year. From and Claire and five grandchildren, to whom we extend 1992, Glen’s portfolio expanded to include a seat on our deepest sympathy. the board of James Finlay and he also became more closely involved with Swire’s Australian businesses, as

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