Subsidiary and Associated Companies and Jointly Controlled Entities at 31 December 2002
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Is a High Refund Strategy Always Effective?
Is a High Refund Strategy Always Effective? Shueh-Chin Ting, Professor, Department of Education, National University of Tainan, Taiwan ABSTRACT Retailers often use a refund strategy to guarantee that their products are the lowest price. However, does a high refund strategy announced by retailers definitively help consumers to believe that their products have the lowest price? Hierarchical moderator regression analysis was used to examine the moderating effect of a retailer’s reputation on the relationship between refund size and the believability of the lowest price. The results indicate that refund size has no direct effect on the believability of the lowest price and the effect is moderated by a retailer’s reputation. For reputable retailers, refund size has a positive influence on the believability of the lowest price. For less reputable retailers, refund size has a negative influence on the believability of the lowest price. Prior studies neglected the importance of a retailer’s reputation in implementing refund strategies. This study has resolved this research gap. Keywords: believability of the lowest price, guarantee strategy, refund size, retailer’s reputation. INTRODUCTION Retailers often use low-price guarantees (LPGs) as a signal to attract consumers and increase sales. Consumers interpret LPGs as signals that a particular retailer is committed to low prices (Borges, and Babin, 2012). Price-matching guarantees (PMGs) are commonly used by retailers as promises to match the lowest price for an item that a customer can find elsewhere (Yuan and Krishna, 2011). Signaling theory has been used to understand the overall effect of a PMG on consumer perceptions (Borges, 2009). -
2015 Annual Report
Ports and Related Services Retail Infrastructure Energy Telecommunications 2015 Annual Report 22nd Floor, Hutchison House, 10 Harcourt Hutchison House, Hong Kong Road, 22nd Floor, Telephone: +852 2128 1188 Facsimile: www.ckh.com.hk +852 2128 1705 Corporate Information CK Hutchison Holdings Limited Board of dIreCtors eXeCUtIVe dIreCtors NoN-eXeCUtIVe dIreCtors Chairman CHOW Kun Chee, Roland, LLM LI Ka-shing, GBM, KBE, LLD (Hon), DSSc (Hon) LEE Yeh Kwong, Charles, GBM, GBS, OBE, JP Commandeur de la Légion d’Honneur Grand Officer of the Order Vasco Nunez de Balboa LEUNG Siu Hon, BA (Law) (Hons), Hon LL.D. Commandeur de l’Ordre de Léopold George Colin MAGNUS, OBE, BBS, MA Group Co-Managing director and INdepeNdeNt NoN-eXeCUtIVe dIreCtors Deputy Chairman KWOK Tun-li, Stanley, BSc (Arch), AA Dipl, LLD (Hon), ARIBA, MRAIC LI Tzar Kuoi, Victor, BSc, MSc, LLD (Hon) CHENG Hoi Chuen, Vincent, GBS, OBE, JP Group Co-Managing director The Hon Sir Michael David KADOORIE, GBS, LLD (Hon), DSc (Hon) FOK Kin Ning, Canning, BA, DFM, FCA (ANZ) Commandeur de la Légion d’Honneur Commandeur de l’Ordre des Arts et des Lettres Commandeur de l’Ordre de la Couronne CHOW WOO Mo Fong, Susan, BSc Commandeur de l’Ordre de Leopold II Group Deputy Managing Director LEE Wai Mun, Rose, JP, BBA Frank John SIXT, MA, LLL Group Finance Director and Deputy Managing Director William Elkin MOCATTA, FCA Alternate to Michael David Kadoorie IP Tak Chuen, Edmond, BA, MSc Deputy Managing Director William SHURNIAK, SOM, LLD (Hon) KAM Hing Lam, BSc, MBA WONG Chung Hin, CBE, JP Deputy -
1 Abundant Glory Limited British Virgin Islands Executive
Appendix B Present Directorships of Edith SHIH as at effective date of appointment Role Name of Company Place of Incorporation (Executive / Non-Executive) 1 Abundant Glory Limited British Virgin Islands Executive 2 Actionfirm Limited British Virgin Islands Executive 3 AICT Advisory Limited British Virgin Islands Executive Alexandria International Container Terminals 4 Egypt Executive Company S.A.E. 5 Alpha Metrics Limited British Virgin Islands Executive 6 Americas Intermodal Services SA/NV Belgium Executive 7 Americas Shipyard SA/NV Belgium Executive 8 Amsterdam Container Terminals B.V. Netherlands Executive 9 Amsterdam Marine Terminals B.V. Netherlands Executive 10 Amsterdam Port Holdings B.V. Netherlands Executive 11 Anovio Holdings Limited Cyprus Executive 12 APM Terminals Dachan Company Limited Hong Kong Executive 13 Aqaba Terminal Services Limited British Virgin Islands Executive 14 Asia Pacific Honour Holdings Limited British Virgin Islands Executive 15 Bajacorp, S.A. de C.V. Mexico Executive 16 Barcelona Europe South Terminal, S.A. Spain Executive 17 Best Fortune S.a r.l. Luxembourg Executive 18 Best Month Profits Limited British Virgin Islands Executive 19 Best Oasis Holdings Limited British Virgin Islands Executive 20 Best People Resources Limited British Virgin Islands Executive 21 Beyond Excel Investments Limited British Virgin Islands Executive 22 Brightease Profits Limited British Virgin Islands Executive 23 Brisbane Container Terminals Pty Limited Australia Executive Appendix B 24 Buenos Aires Container Terminal Services S.A. Argentina Alternate Director 25 Cape Fortune B.V. Netherlands Executive 26 Central America Shipyard SA/NV Belgium Executive 27 China Terminal Services Holding Company Limited Bermuda Executive 28 Clivedon Limited British Virgin Islands Executive 29 CLK Limited British Virgin Islands Executive 30 Coastal Work Logistics Limited British Virgin Islands Executive 31 Container Security Inc. -
Additional Information
additional Information ports and related services The following tables summarise the major port operations for the four segments of the division. HpH trust 2015 The Group’s Throughput Name Location Effective Interest (100% basis) (million TEU) Hongkong International Terminals/ 30.07% / COSCO-HIT Terminals/ Hong Kong 15.03% / 12.1 Asia Container Terminals 12.03% Yantian International Container Terminals - Phase I and II/ 16.96% / Phase III/ Mainland China 15.53% / 12.2 West Port 15.53% Ancillary Services - Asia Port Services/ Hong Kong and 30.07% / N/A Hutchison Logistics (HK)/ Mainland China 30.07% / Shenzhen Hutchison Inland Container Depots 23.35% Mainland China and other Hong Kong 2015 HPH’s Throughput Name Location Effective Interest (1) (100% basis) (million TEU) Shanghai Mingdong Container Terminals/ Mainland China 50% / 8.3 Shanghai Pudong International Container Terminals 30% Ningbo Beilun International Container Terminals Mainland China 49% 2.0 River Trade Terminal Hong Kong 50% 1.2 Ports in Southern China - Mainland China (2) Nanhai International Container Terminals / 50% / (2) Jiangmen International Container Terminals / 50% / Shantou International Container Terminals/ 70% / (3) Huizhou Port Industrial Corporation/ 33.59% / 2.5 Huizhou International Container Terminals/ 80% / Xiamen International Container Terminals/ 49% / Xiamen Haicang International Container Terminals 49% Note 1: The Group holds an 80% interest in Hutchison Ports Holdings Group (“HPH”). Note 2: Although HPH Trust holds the economic interest in the two River Ports in Nanhai and Jiangmen in Southern China, the legal interests in these operations are retained by this division. Note 3: Includes the throughput of the port operations in Gaolan and Jiuzhou that were disposed during the second half of 2015. -
Chartered Secretaries American Express Credit Cards
Chartered Secretaries American Express Credit Cards Chartered Secretaries American Express® Platinum Credit Card and Chartered Secretaries American Express®Gold Credit Card are two co-branded cards that have been created in collaboration with The Hong Kong Institute of Chartered Secretaries (HKICS) and have been specifically designed to recognise and benefit our members. As a Member/Graduate/Student of HKICS, you are cordially invited to become a Chartered Secretaries American Express Platinum or Gold Card Cardmember. This card provides a highly convenient way to pay for HKICS membership fees, CPD events and seminars, examination fees and other fees. Application forms Exclusive privileges Merchants List Application forms Chartered Secretaries American Express Platinum Credit Card application form Chartered Secretaries American Express Gold Credit Card application form Application with required documents should be sent to: American Express International Inc Attn: New Accounts GPO Box 11250 Hong Kong Note: 1. Terms and conditions apply to the above offers and privileges. Please visit www.americanexpress.com.hk to learn more. 2. The Chartered Secretaries American Express co-branded Card is a privilege from HKICS. All Credit Card applicationapprovals will be at the sole discretion of American Express International Inc 3. For any enquiries, please call 2277 1370 Back to top Exclusive privileges: Chartered Secretaries American Express® Platinum Credit Card Half annualfee waiver saving you HK$800 a year Generous welcome offers including HK$500 Lane Crawford or Esso Synergy Fuel Cash Voucher, plus 10X Membership Rewards points in the first 3 months, up to 300,000 points Up to HK$500 travel package discount coupon when you purchasing travel packages from Farrington American Express Travel Services Ltd. -
Hong Kong Health and Beauty Retail Stores
Hong Kong Health and Beauty Retail Guide December 2014 Introduction With a wealthy population of 7 million and GDP of US$235 billion, Hong Kong is a large, high-value and expanding market for Australian consumer products, including beauty and health products. In 2013, A$132 million of Australian cosmetics and skin care were exported to Hong Kong. Australian cosmetic and skin care products have an international reputation as safe, environmentally friendly and consistently high quality. Australia is also recognised as a reliable source of quality cosmetics, skin care and health products, particularly in the natural and organic skincare categories. Hong Kong’s total sales in beauty and personal care products remained strong in 2013, reaching over HK$14.5 billion (over A$2 billion). Last year more than 50 million visitors, including some 40 million mainland Chinese, came to shop in Hong Kong, with cosmetics and skin care items a key focus. Hong Kong is a significant market in its own right and an excellent testing ground for international products entering the region. Austrade has launched a special video insights series to provide Australian beauty companies with first-hand perspectives from experts in the market. These videos provide advice on the latest market trends and tactics to be used in Hong Kong and China. Check it out from Austrade website. Table of Contents Page Number Overview of Hong Kong Distribution Channels - Beauty and Health Products 3 Hong Kong Health and Beauty Retail Stores Specialty Stores 4 Department Stores 5 Beauty Counters at Department Stores 6 Pharmacy Chains 8 Multi-brand Shops 8 Australian Concept Stores 9 Supermarkets 10 Austrade Contacts 12 November 2014 Austrade Health and Beauty Products Retail Stores in Hong Kong> 2 Overview of Hong Kong Distribution Channels - Beauty and Health Products Hong Kong has a sophisticated retail sector for the sale and distribution of health and beauty products. -
The First a S Watson Global Retail Day Reveals to Suppliers the a S Watson Group’S Bigger Picture by Mark Redvers
• Retail Going Global The first A S Watson Global Retail Day reveals to suppliers the A S Watson Group’s bigger picture By Mark Redvers 28 Sphere VirTuallY everY daY, an A S Watson-owned the retail business. store opens somewhere in the world. Emerging “The aim is to markets, in particular fast growing China, have open 250 to 300 seen spectacular growth in recent years, as newly quality stores affluent customers splash out on beauty and a year in the healthcare products. Mainland, which More – much more – growth is anticipated, is about one third as the A S Watson Group (ASW) embarks on a of the total new major expansion plan, which will see the company stores we plan to reach the milestone of 10,000 stores next year. open annually in Delegates at the first A S Watson Group Global our 34 markets,” Suppliers Conference and Awards were given this said Malina Ngai, determinedly upbeat assessment, and appraised of Director Group Op- ambitious future plans that will reinforce ASW’s erations, Investments undisputed position as the world’s leading inter- and Communications national health and beauty retailer. Annual ASW and Head of International turnover currently stands at USD15 billion with Buying. plans to expand vigorously, notwithstanding the “We understand the market contemporary recessionary climate. very well after 20 years of operat- The 110 delegates to the conference, who hold ing experience. Our Watsons health and senior positions with the largest health and beauty beauty chain has 680 stores in over 101 cities, and manufacturers, were told how ASW, through its our PARKnSHOP food retail chain has 39 stores, Opposite: own name Watsons stores in Asia and its various mainly in Southern China. -
The Competitive Strategy of an Ethnic Chinese Corporate Group Under the Hong Kong Economic Development, with Special Emphasis on the Cheung Kong Group
View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by Ritsumeikan Research Repository © Institute of lnternational Relations and Area Studies, Ritsumeikan University The Competitive Strategy of an Ethnic Chinese Corporate Group under the Hong Kong Economic Development — With Special Emphasis on the Cheung Kong Group — Mori, Masaki* Abstract This paper discusses about the competitive strategy of an ethnic Chinese corporate group under the Hong Kong economic development, with special emphasis on the Cheung Kong group. First, Hong Kong economy, its industrial development and the economic relationship between Hong Kong and the mainland China is historically examined. Second, the growth strategy of a Hong Kong corporate group, the Cheung Kong group, is discussed how to diversify its business in adapting to Hong Kong economic environment. Third, the characteristics of its corporate governance and accounting management are discussed as a family-owned corporate group. Keywords: Competitive Strategy, Ethnic Chinese Corporate Group, the Hong Kong Economic Development, the Cheung Kong Group Ritsumeikan International Affairs Vol.12, pp.21–38 (2014). * Associate Professor, College of Business Administration, Ritsumeikan University, Japan. E-mail: [email protected] 22 Ritsumeikan International Affairs 【Vol. 12 1. Introduction This paper examines the Competitive Strategy of an ethnic Chinese corporate group under the Hong Kong economic development, through a case study of the Cheung Kong Group. The focus herein is on corporate governance and accounting management within family enterprises. You Zhongxun (1998) proposes that “The reason for the economic prosperity of ethnic Chinese…is largely attributable to Asia’s economic development. -
The Impact of NMR and MRI
WELLCOME WITNESSES TO TWENTIETH CENTURY MEDICINE _____________________________________________________________________________ MAKING THE HUMAN BODY TRANSPARENT: THE IMPACT OF NUCLEAR MAGNETIC RESONANCE AND MAGNETIC RESONANCE IMAGING _________________________________________________ RESEARCH IN GENERAL PRACTICE __________________________________ DRUGS IN PSYCHIATRIC PRACTICE ______________________ THE MRC COMMON COLD UNIT ____________________________________ WITNESS SEMINAR TRANSCRIPTS EDITED BY: E M TANSEY D A CHRISTIE L A REYNOLDS Volume Two – September 1998 ©The Trustee of the Wellcome Trust, London, 1998 First published by the Wellcome Trust, 1998 Occasional Publication no. 6, 1998 The Wellcome Trust is a registered charity, no. 210183. ISBN 978 186983 539 1 All volumes are freely available online at www.history.qmul.ac.uk/research/modbiomed/wellcome_witnesses/ Please cite as : Tansey E M, Christie D A, Reynolds L A. (eds) (1998) Wellcome Witnesses to Twentieth Century Medicine, vol. 2. London: Wellcome Trust. Key Front cover photographs, L to R from the top: Professor Sir Godfrey Hounsfield, speaking (NMR) Professor Robert Steiner, Professor Sir Martin Wood, Professor Sir Rex Richards (NMR) Dr Alan Broadhurst, Dr David Healy (Psy) Dr James Lovelock, Mrs Betty Porterfield (CCU) Professor Alec Jenner (Psy) Professor David Hannay (GPs) Dr Donna Chaproniere (CCU) Professor Merton Sandler (Psy) Professor George Radda (NMR) Mr Keith (Tom) Thompson (CCU) Back cover photographs, L to R, from the top: Professor Hannah Steinberg, Professor -
Watsons Experience Launches in Russia Focus Story
103 Watsons Experience Launches in Russia Focus Story Watsons Experience Launches in Russia Watsons is delighted to have opened its first Russian store in St.Petersberg. The launch of Asia’s No.1 health and beauty brand will deliver an unprecedented range of world-class products to the increasingly sophisticated Russian market. This is a country where people take great care over their appearance, and by introducing the products and advanced skincare regimens of Asia, Watsons taps into what it sees as huge market potential. WatsON 103 • Quarter 2 • 2018 01 Focus Story Russia will be the 12th market to host Watsons stores. In every market where it operates, Watsons sets the highest global standards in the health, wellness and beauty market. Putting customers first is what Watsons is all about. It offers customers real value, good service and expert advice – and St.Petersberg this is what Watsons will present to Russian customers. The launch of the first store in Russia is a significant step in the expansion of the Watsons brand. Watsons “cares deeply about its customers around the globe, addressing their health and beauty needs both instore and online. We are dedicated to making our customers Look Good and Feel Great and putting a smile on their faces. Andrei Melnikov ” General Manager Watsons Russia WatsON 103 • Quarter 2 • 2018 02 Focus Story Emerging Market, Golden Opportunity Russian customers are seeking out both new experiences Beauty trends from Asia and especially from Korea and new products in health and beauty. Russian is a – hugely popular across Asia but underdeveloped in Russia magnet for sophisticated travellers from across Europe, Digital and eCommerce solutions, which are well and it has significant potential for future growth. -
Hutchison Whampoa Limited
Hutchison Whampoa Limited Hutchison House, 22nd Floor 10 Harcourt Road, Hong Kong Telephone: (852) 2128 1188 Facsimile: (852) 2128 1705 www.hutchison-whampoa.com Hutchison Whampoa Limited Whampoa Hutchison ANNUAL REPORT 2000 REPORT ANNUAL Ports and Related Services Telecommunications and e-commerce Property and Hotels Retail and Manufacturing Energy, Infrastructure, Finance and Investments ANNUAL REPORT 2000 Hutchison Whampoa Limited Hutchison House, 22nd Floor 10 Harcourt Road, Hong Kong Telephone: (852) 2128 1188 Facsimile: (852) 2128 1705 www.hutchison-whampoa.com Hutchison Whampoa Limited Whampoa Hutchison ANNUAL REPORT 2000 REPORT ANNUAL Ports and Related Services Telecommunications and e-commerce Property and Hotels Retail and Manufacturing Energy, Infrastructure, Finance and Investments ANNUAL REPORT 2000 Business Highlights The Group’s hotels generally reported improved occupancy as the number of international Husky Energy, renamed after travellers has steadily the merger of Husky Oil with increased with the recovering Renaissance Energy, is listed on The Group formed a strategic economies in Asia. the Toronto Stock Exchange. alliance with NTT DoCoMo and KPN Mobile whereby the two The Group formed a joint companies have a 20% and venture with CSFBdirect named 15% interest in Hutchison 3G Hutchison CSFBdirect to provide UK respectively. online securities services. HPH expanded its Asian port interests by acquiring an aggregate 31.5% interest in Kelang Multi Terminal in Malaysia, and also a 47.9% The Group established stake in Koja Terminal in BigboXX.com, an online Jakarta, Indonesia. office supplies and procurement operation. Hutchison Telecommunications (Australia) successfully bid for 1800 MHz licences covering five major cities in Australia which will be used to provide 3G network services. -
Solid Foundation Fosters Long-Term Development
20 1 7 Annual Report Solid Foundation Fosters Long-term Development 22nd Floor, Hutchison House, 10 Harcourt Road, Hong Kong Telephone: +852 2128 1188 2017 Annual Report Facsimile: +852 2128 1705 www.ckh.com.hk WorldReginfo - 7a0610cc-4251-4d12-8195-61d40b71508e Corporate Information CK Hutchison Holdings Limited BOARD OF DIRECTORS EXECUTIVE DIRECTORS NON-EXECUTIVE DIRECTORS Chairman CHOW Kun Chee, Roland, LLM LI Ka-shing, GBM, KBE, LLD (Hon), DSSc (Hon) CHOW WOO Mo Fong, Susan, BSc Commandeur de la Légion d’Honneur Grand Officer of the Order Vasco Nunez de Balboa LEE Yeh Kwong, Charles, GBM, GBS, OBE, JP Commandeur de l’Ordre de Léopold LEUNG Siu Hon, BA (Law) (Hons), LL.D. (Hon) Group Co-Managing Director and George Colin MAGNUS, OBE, BBS, MA Deputy Chairman LI Tzar Kuoi, Victor, BSc, MSc, LLD (Hon) INDEPENDENT NON-EXECUTIVE DIRECTORS Group Co-Managing Director KWOK Tun-li, Stanley, BSc (Arch), AA Dipl, LLD (Hon), ARIBA, MRAIC FOK Kin Ning, Canning, BA, DFM, FCA (ANZ) CHENG Hoi Chuen, Vincent, GBS, OBE, JP Frank John SIXT, MA, LLL The Hon Sir Michael David KADOORIE, GBS, LLD (Hon), DSc (Hon) Group Finance Director and Deputy Managing Director Commandeur de la Légion d’Honneur Commandeur de l’Ordre des Arts et des Lettres IP Tak Chuen, Edmond, BA, MSc Commandeur de l’Ordre de la Couronne Deputy Managing Director Commandeur de l’Ordre de Leopold II (William Elkin MOCATTA, FCA as his alternate) KAM Hing Lam, BSc, MBA Deputy Managing Director LEE Wai Mun, Rose, JP, BBA LAI Kai Ming, Dominic, BSc, MBA William SHURNIAK, S.O.M., M.S.M., LLD