DOCSLIB.ORG

Directors Report

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Directors Report ໎ԑผంй࣊ Directors’ Report ໎ԑผ΃ਹᔑеᙴ࿀ϭɀཌྷཌྷɍαɍ˂ɍɊ The directors submit to shareholders their annual report and the ᙔʔ̇˞Ɏ଻ audited financial statements of the Company and its subsidiariesڃȹˀ˅α۹c̯ʔ̇ʥԯ hereinafter collectively referred to as the “Group”) for the year) ٲඑ྆ɾ൪αంйʥ຤ᄗ࣏ল৻ం̯ီ .ʀ̯ʔٖ̇׭e ended 31 March 2003 ˚߬พ৻ Principal Activities ᙔ The principal activity of the Company is investment holding andڃʔ̇ɾ˚߬พ৻ݯҙ༅ઁٖcԯ˚̯߬ the activities of its principal subsidiaries, associates and jointly כʔ̇dᐲᏪʔ̇ʥ΋Ꮺʔ̇ɾ˚߬พ৻༗ .ഽ42e controlled entities are set out in note 42 to financial statementsڃٲল৻ం ʗඖ༅ࢿ Segment Information ഽ4e Details of segment information are set out in note 4 to the financialڃٲল৻ంכ໯ୀʗඖ༅ࢿ༗ statements. พᐜ Results එ྆࿀˅ɀཌྷཌྷɍαɍ˂ɍɊȹˀ˅α۹ Details of the results of the Group for the year ended 31 March̯ ʥτ 2003 are set out in the consolidated income statement on pageٲ଱55ࠒɾ၃΋νऩכɾพᐜ໯ੱc༗ .ഽʑe 55 and the accompanying notes to the financial statementsڃٲᗐɾল৻ం ᘪɺݢೕ࿀ϭɀཌྷཌྷɍαɍ The Directors of the Company have resolved not to recommendۺʔ̇໎ԑผ̯ .ɍɊȹˀ˅α۹ɾ̱౨ٖࢠe the payment of a final dividend for the year ended 31 March 2003˂ ʄαল৻ล߬ Five-year Financial Summary ʄ࠯ল৻α۹ɾพᐜʥ༅ଐ߲ඦ A summary of the results and assets and liabilities of the Groupٶඑ྆௖̯ .଱145ࠒe for the past five financial years is set out on page 145כɾล߬༗ พdᄥָʥஉௐ Investment Properties and Property, Plant and Equipmentذพၤذҙ༅ พdᄥָʥஉ Details of changes during the year in the investment propertiesذพၤذඑ྆ʥ̯ʔ̇ҙ༅̯ ল৻ం and property, plant and equipment of the Group and of theכα۹ʑɾᛰ৽໯ੱcʗП༗̯כௐ ഽ15ʥ16e Company are set out in notes 15 and 16 to the financialڃٲ statements respectively. ೕࢄþೕࢄɻdˮਕʥҙ༅೩͂பɾ Properties Held for/under Development, Sale andۿ พ Investment Purposesذ α۹ʑɾᛰ Details of changes during the year in properties held for/under̯כพذೕࢄþೕࢄɻۿඑ̯྆ ഽ17e development of the Group are set out in note 17 to the financialڃٲল৻ంכ৽໯ੱ༗ statements. HKR INTERNATIONAL LIMITED ANNUAL REPORT 2002/2003 31 ໎ԑผంй࣊ Directors’ Report ೕࢄþೕࢄɻdˮਕʥҙ༅೩͂பɾ Properties Held for/under Development, Sale andۿ พÐᙩ Investment Purposes – continuedذ ೕࢄþೕࢄɻdˮਕʥҙ༅೩͂பɾ˚߬ A summary of major properties held for/under development, saleۿ .଱146ࠒϭ଱156ࠒe and investment purposes is set out on pages 146 to 156כพ࿂߬༗ذ Share Capital ̯ٖ α۹ʑ̯ʔ̇ɾٖ̯ԎಲͨЄᛰ৽e There was no change in the share capital of the Company during̯ the year. ᎝ௐ Reserves α۹ʑɾᛰ৽໯ Details of movements during the year in the reserves of the Group̯כඑ྆ʥ̯ʔ̇ɾ᎝ௐ̯ ʥ and of the Company are set out in Consolidated Statement ofٲ଱59ࠒʑɾ၃΋ᚬऩᛰ৽ంכʗП༗ੱ ഽ30e Changes in Equity in Page 59 and note 30 to the financialڃٲল৻ం statements respectively. ໎ԑ Directors α۹ʑʥ࿀ϭ̯ంй࣊ˀ౨ɾ໎ The directors of the Company during the year and up to the date̯כʔ̯̇ ԑผιࡗΣɎi of this report were: ݅Ꮬ̵˚࢐ CHA Chi Ming (Chairman) ݅Ꮊᐰ৹˚࢐ CHA Mou Sing Payson (Deputy Chairman) ݅Ꮊι໎ԑᐢ຤ଉ CHA Mou Zing Victor (Managing Director) ࡧԙଉ Ronald Joseph ARCULLI (ਨϷ໎ԑ (Independent Non-executive Directorڈዟ͓ ሲࡼक़ CHENG Kar Shun Henry (ਨϷ໎ԑ (Independent Non-executive Directorڈዟ͓ ݅Ꮊᄨ CHA Mou Daid Johnson CHEUNG Tseung Ming עןਜ਼ ᒉʶ̈́ CHUNG Sam Tin Abraham ΃ܰ݅Ꮊᐰɾ౧ˤ໎ԑ (Also alternate to CHA Mou Sing Payson) Є݇߱ HO Pak Ching Loretta ˔݅޻᎘ WONG CHA May Lung Madeline ଱116ૈɾ In accordance with Article 116 of the Company’s Articles ofڬ๑̯ʔ̇ɾʔ̇ୂᓱ௃ೡୀܘ ஃցc݅Ꮊιͱ́dሲࡼक़ͱ́ʥ˔݅޻᎘ Association, Mr CHA Mou Zing Victor, Mr CHENG Kar Shun Henry ɤɡ඘ረ࢐ঽͨc੹֤೩΋ଲ༅ࣟcᗙᐶፕ and Ms WONG CHA May Lung Madeline shall retire from office by டͨeֺτԯˢ໎ԑяᘗᙩजͨe rotation and, being eligible, offer themselves for re-election. All other directors continue in office. 32 ࠗಋጙพਝ჌එ྆τࠉʔ̇ 2002/2003 αం ໎ԑผంй࣊ Directors’ Report ໎ԑÐᙩ Directors – continued ɀཌྷཌྷɍαȼ˂ɍɊȹˀᐾϷɾٖ׭ None of the directors offering themselves for re-election at theכЩੀ ൪αɣผɐᐶፕடͨɾ໎ԑcลಲၤ̯ʔ̇ forthcoming annual general meeting to be held on 31 July 2003 ȹαʑΕЛ˟ has a service contract with the Company or any of its subsidiariesכ˿ᙔʔ͓̇߯ɺڃԯͨЄֶ ላ᎛ɾੱؗɎؒցላ᎛৖̯̔ͅඑ྆ୄ˅ which is not determinable by the Group within one year without .(৻΋޸e payment of compensation (other than statutory compensationרɾ ๑̯ʔ̇ɾʔ The term of office of each independent non-executive director isܘਨϷ໎ԑɾͨ౨cڈΈዟ͓ the period up to his retirement by rotation in accordance with the کஃցcݯ࿀ϭ඘ረ࢐ঽͨڬᓱ௃ೡୀୂ̇ .ݯ˅e Company’s Articles of Association ဳଉ΋޸ Management Contract α۹ʑลಲֶ͓߯ΦΕͨЄኬ᛽ No contract for the management and administration of the whole̯כʔ̯̇ ΋޸e or any substantial part of any business of the Company wasܧЄ˚߬พ৻஫ͫɾဳଉֶϷֶͨ entered into or existed during the year. ໎ԑʥঢ়ज़ဳଉɁࡗᄚዃ Biographical Details of Directors and Senior Management I ໎ԑ I Director ݅Ꮬ̵c˚࢐89ั CHA Chi Ming, Chairman (Age 89) ͱ́ϬȹȾɄȾα঴ݯ̯ʔ̇ɾ௚ Founder and chairman of the Company since 1989, Mr CHA݅ พೕࢄʿࠍ has over 25 years’ experience in property development andذፒɁʥ˚࢐e݅ͱ́Ε ዶ༩25α຤᛻cΕ॒ᓱɮพʿࠍҡዶ more than 65 years’ experience in the textile industry. He is ༩65α຤᛻cԎᏵཕ઒ɮਆဳଉነ࿘ an Honorary Doctor of Business Administration and an .ผޫነ࿘ᙷ௟ɡነϽe Honorary Doctor of Social Scienceمᙷ௟ɡʥ ݅Ꮊᐰcʪ̡ୁɡc৹˚࢐60ั CHA Mou Sing Payson, JP, Deputy Chairman (Age 60) ɀཌྷཌྷȹαȾ˂Ᏽկͨݯ̯ Appointed as deputy chairman of the Company in Septemberכͱ́݅ พೕࢄʿ 2001, Mr CHA has over 30 years’ experience in propertyذʔ̇ɾ৹˚࢐c݅ͱ́Ε development. He is a member of The National Committee of ܧࠍዶ༩30α຤᛻e֤ଊͨɻਝɁ̵ ؝ԾਆผᘪͲਝկࡗผɾկࡗe݅Ꮊ the Chinese People’s Political Consultative Conference. He .ᐰͱ́ݯ݅Ꮬ̵ͱ́ɾԫɥe is a son of Mr CHA Chi Ming ݅Ꮊιc໎ԑᐢ຤ଉ53ั CHA Mou Zing Victor, Managing Director (Age 53) ͱ́ϬȹȾɄȾα঴Ᏽկͨݯ̯ʔ Director since 1989 and appointed as managing director of݅ ȹȾȾʒαᏵկͨݯHKR HKR Asia-Pacific Pte Ltd since 1996 and managing directorכ໎ԑċ of the Company in September 2001. Mr CHA is responsible כAsia-Pacific Pte Ltdɾ໎ԑᐢ຤ଉʥ ɀཌྷཌྷȹαȾ˂Ᏽկͨݯ̯ʔ̇ɾ໎ for the overall and day to day management of the Group. He ԑᐢ຤ଉe݅ͱ߲́ஐ̯එ྆พ৻ɾ has been involved in the textile manufacturing and real estate ኬ᛽ʥˀ੒ဳଉɮАeԯ਄ၤ॒ᓱႇ businesses for over 15 years. He is a son of Mr CHA Chi .஥ʥָΔଐพ৻༩15αe݅Ꮊιͱ́ Ming ݯ݅Ꮬ̵ͱ́ɾԫɥe HKR INTERNATIONAL LIMITED ANNUAL REPORT 2002/2003 33 ໎ԑผంй࣊ Directors’ Report ໎ԑʥঢ়ज़ဳଉɁࡗᄚዃÐᙩ Biographical Details of Directors and Senior Management – continued I ໎ԑÐᙩ I Director – continued ݅Ꮊᄨ51ั CHA Mou Daid Johnson (Age 51) ͱ́ϬȹȾɄȾα঴Ᏽկͨݯ໎ Director since 1989, Mr CHA has over 25 years’ of݅ ӱʥԓݘ੣ԑҙ༅ဳ investment management experience in Silicon Valley andلԑe֤Ε޻ਝ ଉพ৻ዶ༩25α຤᛻e݅ͱ́͛ݯThe Asia. He is the managing director of The Mingly Corporation Mingly Corporation Limitedɾ໎ԑᐢ຤ Limited and is also a director of a number of public and ଉʥኪͨΛࡼɻਝʥࠗಋʔଠʥӝɁ private companies in Hong Kong and China. He is a member of the Council of Advisors on Innovation and Technology to ܧਂܧʔ̇ɾ໎ԑe֤ݯࠗಋऋПϷ ௚ณޫҌᚋਐկࡗผկࡗcԎዶร the Government of Hong Kong SAR and is actively֚ ϙСዀ࿚ɾԑ৻e݅Ꮊᄨ participating in many non-profit organisations. He is a sonڈ਄ၤΛࡼ .ͱ́ݯ݅Ꮬ̵ͱ́ɾԫɥe of Mr CHA Chi Ming (CHEUNG Tseung Ming (Age 61 61ัעןਜ਼ ɀཌྷཌྷȹαȾ˂Ᏽկͨݯ໎ Appointed as director in September 2001, Mr CHEUNG isכਜ਼ͱ́ ԑe֤ݯHKR Asia-Pacific Pte Ltdɾ໎ the resident director of HKR Asia-Pacific Pte Ltd and is ᙔ responsible for the management of the Company’sڃԓʪਂɾכԑc߲ஐဳଉ̯ʔ̇ ʔ̇ʥҙ༅eਜ਼ͱ́ݯߜਝ೶࿚ʥɠ subsidiaries and investments in Asia-Pacific region. He is a ɮೡ࢑ነผɾผࡗc͛ܰዌݘผ߮ member of the Institute of Structural and Civil Engineers in˃ ࢑ʔผɾঢ়ज़ผࡗe the United Kingdom and a certified practising accountant of the CPA Australia. ᒉʶ̈́cʔ̇ो࣊57ั CHUNG Sam Tin Abraham, Company Secretary (Age 57) ᒉͱ́ϬȹȾȾ̒α঴Ᏽկͨݯ໎ Director since 1994 and appointed as company secretary in ɀཌྷཌྷȹαᏵկͨݯʔ̇ो 2001, Mr CHUNG is responsible for the Group’s financialכԑcԎ ࣊c߲ஐ̯එ྆ɾল৻ʥͬพԑփe and corporate affairs. Mr CHUNG is a certified public ᒉͱ́ݯȹΊਨพผ߮࢑c͛ܰࠗಋ accountant and a member of the Hong Kong Society of ল৻ဳଉʥࠗ Accountants. He has over 25 years’ experience in financialכผ߮࢑ʔผผࡗe֤ .พೕࢄዶ༩25α຤᛻e management and property development in Hong Kongذಋɾ Є݇߱56ั HO Pak Ching Loretta (Age 56) ЄɤɡϬȹȾȾ̒α঴Ᏽկͨe֤߲ Director since 1994, Ms HO is responsible for the Group’s ஐ̯එ྆ɾָΔଐพ৻eЄɤɡݯߜ real estate business. She is a fellow of the Chartered ਝऋஈ۰Χ຤ଉነผࠗಋʗผɾผ Institute of Housing, Hong Kong Branch. She has over 30 .พೕࢄʿࠍዶ༩30α຤ years’ experience in property developmentذכࡗe֤ ᛻e 34 ࠗಋጙพਝ჌එ྆τࠉʔ̇ 2002/2003 αం ໎ԑผంй࣊ Directors’ Report ໎ԑʥঢ়ज़ဳଉɁࡗᄚዃÐᙩ Biographical Details of Directors and Senior Management – continued I ໎ԑÐᙩ I Director – continued ˔݅޻᎘63ั WONG CHA May Lung Madeline (Age 63) ɤɡϬȹȾɄȾα঴Ᏽկͨe֤͛ Director since 1989, Ms WONG is also a director in a number˔ ኪͨΛࡼࠗಋʥࣵ̔ʔଠʥӝɁʔ̇ of public and private companies in Hong Kong and overseas, ֺ including Hon Kwok Land Investment Company, Limited andמࠗಋᐲ΋͚כܢ˳ɾ໎ԑcԯɻ τࠉʔ̇ɐ̟ɾ࿵ਝສพτࠉʔ̇ʥ Chinney Investments, Limited which are listed on The Stock พྡྷพτࠉʔ̇e˔݅޻᎘ɤɡݯ Exchange of Hong Kong Limited. She is a daughter of Mrۺ ݅Ꮬ̵ͱ́ɾɤԫe CHA Chi Ming. ਨϷ໎ԑ II Independent non-executive directorڈII ዟ͓ ࡧԙଉcʪ̡ୁɡ64ั Ronald Joseph ARCULLI, JP (Age 64) -ࡧͱ́ϬȹȾɄȾα঴Ᏽկͨݯ໎ Director since 1989 and appointed as an independent non ԑcԎͅȹȾȾ̒α঴Ᏽկͨݯዟ͓ executive director in 1994, Mr ARCULLI is the managing ࢑ԑ partner of Arculli and Associates, a firm of solicitors in Hong܁ਨϷ໎ԑeࡧͱ́ݯࡧԙଉڈ ৻ֺɾ༅૯΋͟Ɂc͛ኪͨΛࡼࠗಋ Kong, and a director of several public listed and private ʥͲଈʔଠɐ̟ʥӝɁʔ̇ɾ໎ԑe companies in Hong Kong and worldwide. ሲࡼक़56ั CHENG Kar Shun Henry (Age 56) -ሲͱ́ϬȹȾɄȾα঴Ᏽկͨݯ໎ Director since 1989 and appointed as an independent non ԑcԎͅȹȾȾ̒α঴Ᏽկͨݯዟ͓ executive director in 1994, Mr CHENG is the managing ೕࢄτ director of New World Development Company Limited and aވ˖ਨϷ໎ԑeሲͱ́ݯณڈ ࠉʔ̇ɾ໎ԑᐢ຤ଉc࠹ͨࠗಋΛࡼ director of a number of public and private companies in Hong ʔଠʥӝɁʔ̇ɾ໎ԑe Kong. III ঢ়ज़ဳଉɁࡗ III Senior Management Gary Michael BROWN49ั Gary Michael BROWN (Age 49) ȹȾȾʄα˱Ƀ̯එ྆cଊኪ̯ͨ Joined in 1995, Mr BROWN is the general manager of theכ එ྆ผֺဳଉޫᐢ຤ଉeBROWNͱ́ Group’s recreation division.
Load more

Recommended publications
  • Hkr International Limited 香 港 興 業 國 際 集 團 有 限
    Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. HKR INTERNATIONAL LIMITED * * 香港興業國際集團有限公司 (Incorporated in the Cayman Islands with limited liability) (Stock code: 00480) INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2010 The board of directors (the “Board” or the “Directors”) of HKR International Limited (the “Company”) is pleased to announce the results of the Company and its subsidiaries (the “Group”) for the six months ended 30 September 2010 (the “Period”). INTERIM RESULTS The Group’s unaudited consolidated profit attributable to shareholders of the Company for the Period was HK$711.0 million, compared with HK$657.9 million for the corresponding period last year. Earnings per share were HK52.66 cents, compared with HK48.72 cents for the corresponding period last year. INTERIM DIVIDEND The Board has declared the payment of an interim dividend of HK7 cents per share for the Period to its shareholders whose names will appear on the registers of members of the Company on 13 December 2010. The interim dividend will be paid on 22 December 2010. An interim dividend of HK6 cents per share was paid by the Company to its shareholders for the corresponding period last year. CLOSURE OF REGISTERS OF MEMBERS The main and branch registers of members of the Company will be closed from Friday, 10 December 2010 to Monday, 13 December 2010, both days inclusive, during the period no transfer of shares will be registered.
    [Show full text]
  • Antonio Corsaro Chef De Cuisine, La Scala at the Sukhothai Shanghai
    Antonio Corsaro Chef de Cuisine, La Scala at The Sukhothai Shanghai Exceptional culinary delights are intrinsic part of a hotel experience. In the two years since its opening, The Sukhothai Shanghai has established itself as one of Shanghai’s lifestyle landmarks and a must-visit culinary destination. A stylish highlight of the hotel is the casual upscale Italian restaurant, La Scala. As the new chef de cuisine of the hotel’s signature, award-winning restaurant, Chef Antonio Corsaro leads the culinary team to take La Scala’s epicurean offerings to new heights, crafting memorable gourmet experience for guests and discerning gastronomes alike. With over 17 years of experience honing his skills at some of Europe’s most elite establishments, including various Michelin-starred restaurants by Alain Ducasse, Chef Corsaro is known for his culinary finesse and uncompromising commitment to seasonality and freshness. The Italy native upholds the virtues of Italian food – simplicity with an emphasis on quality ingredients, which continues to underscore La Scala’s food philosophy. Originally from Naples, Italy, Chef Corsaro’s discovered a lifelong culinary passion from his mom's home cooking and his travels across the continent. Fascinated by the richness of food cultures in his own country and abroad, Antonio embarked on a journey to create his career success. He began his career in Unico, a one-star Michelin restaurant in Milan as chef de partie, working alongside celebrity chef Fabio Baldassarre, before moving to Tuscany to join L’Andana, a one-star Michelin restaurant under DUCASSE Paris. His relentless pursuit of culinary excellence has taken him to multiple DUCASSE Paris’ restaurants in Paris and London from 2013 to 2018.
    [Show full text]
  • HKR International Ltd Version 1 | Bloomberg: 480 HK Equity | Reuters: 0480.HK Refer to Important Disclosures at the End of This Report
    China / Hong Kong Company Guide HKR International Ltd Version 1 | Bloomberg: 480 HK Equity | Reuters: 0480.HK Refer to important disclosures at the end of this report DBS Group Research . Equity 4 Jun 2020 BUY(Initiating Coverage) Rediscovering a hidden gem. Last Traded Price ( 2 Jun 2020):HK$3.12(HSI : 23,996) • HKRI Taikoo Hui in Shanghai is a crown jewel, supporting its Price Target 12-mth:HK$4.09 (31.1% upside) long-term share price appreciation • Low-cost land reserve in Discovery Bay, a well-regarded Analyst residential community, provides good investment returns Jeff YAU CFA,+852 36684180, [email protected] • The stock is undervalued, trading at 82% discount to our assessed current NAV Price Relative • Initiating coverage with BUY rating and TP of HK$4.09 HK$ Relative Index 3.7 209 Initiating coverage with BUY rating and target price of HK$4.09. HKR 3.5 189 International is trading at 82% discount to our appraised current 3.3 169 3.1 149 NAV, slightly wider than those for other small-to-mid cap property 2.9 129 developers. The stock is undervalued in view of its asset quality and 2.7 109 financial strength. The realisation of the value of its upmarket 2.5 89 Dec-19 Mar-20 residential developments in Hong Kong should provide upside on HKR International Ltd (LHS) Relative HSI (RHS) stock. Steadily growing contributions from HKRI Taikoo Hui in Forecasts and Valuation Shanghai and CDW Building in Hong Kong should underpin its long- FY Mar (HK$ m) 2019A 2020F 2021F 2022F term share price appreciation.
    [Show full text]
  • Green Footprint
    ESG REPORT 2018/2019 Green Footprint ACROSS THE REGION CONTENTS THAILAND 04 Message from Management 05 About the Report 06 About HKRI 07 Our Sustainability Approach 10 Memberships and Awards 12 Cherishing Our Environment MAINLAND CHINA 22 Respecting Our People 32 Caring for Our Community 42 Managing Our Value Chain 48 Performance Data Summary 52 HKEX ESG Reporting Guide Content Index HONG KONG MESSAGE FROM MANAGEMENT ABOUT THE REPORT Reporting Scope and Standard This Report is produced by HKRI to communicate the Group’s sustainability management As part of the community, approach and performance in four key areas: environment, human capital, community and value chain. The Report covers the period from 1 April 2018 to 31 March 2019. HKRI holds diversified we are prepared to shoulder business interests across Hong Kong, mainland China and Asia. This year, to further enhance our transparency and reflect our geographic footprint, we have expanded the reporting scope our responsibilities to to include operations in Thailand in addition to the businesses, joint ventures and subsidiaries operated by HKRI in Hong Kong and mainland China. Operations listed in the diagram below protect our home and create constitute the scope of the Report: a better living environment for everyone. Property Discovery Bay: Developmenta City Management & 2018 was another fruitful year for the region. An exemplary demonstration people to build a talent pool for future Operations of Transportationd HKR International Limited (“HKRI” of this pioneering spirit is HKRI Taikoo business development. Meanwhile, or the “Company”). We shared the Hui, which was constructed using we maintain comprehensive training the Group joy of 40 years of achievement with revolutionary and innovative green programmes to ensure that our current different stakeholders and celebrated building designs and garnered the LEED® staff members are properly equipped to the completion of our flagship project Certifications and China Green Building adapt to changing trends.
    [Show full text]
  • Real Estate and Construction-210204-EN
    Real Estate and Construction Beijing Guangzhou Hong Kong Shanghai Shenzhen 27/F, North Tower 17/F, International Finance 26/F, One Exchange Square 24/F, HKRI Centre Two, 17/F, Tower One, Kerry Plaza Beijing Kerry Centre Place, 8 Huaxia Road, 8 Connaught Place, Central HKRI Taikoo Hui 1 Zhong Xin Si Road 1 Guanghua Road Zhujiang New Town Hong Kong 288 Shi Men Yi Road Futian District Chaoyang District Guangzhou 510623, China Shanghai 200041, China Shenzhen 518048, China Beijing 100020, China Tel: +86 10 5769 5600 Tel: +86 20 3225 3888 Tel: +852 3976 8888 Tel: +86 21 2208 1166 Tel: +86 755 8159 3999 Fax:+86 10 5769 5788 Fax:+86 20 3225 3899 Fax:+852 2110 4285 Fax:+86 21 5298 5599 Fax:+86 755 8159 3900 www.fangdalaw.com Real Estate and Construction 01 Real Estate and Construction Practice Fangda’s Real Estate and Construction Practice Team excels at providing one-stop and full-scale services to leading real estate market players, including real estate developers, real estate private equity sponsors, institutional investors, financial institutions and other corporations and individuals in complicated domestic and cross-border real estate transactions. Our lawyers are frequently appointed as arbitrators in real estate and construction-related disputes. Our strength in this area includes a combination of understanding the traditions of the Chinese market and practice and our abundant experience in serving international clients, complemented by services for non-contentious and contentious cases. We are one of the few firms based in China that can provide integrated real estate and construction related legal services, and present practical advice based on our knowledge and experience in the local market.
    [Show full text]
  • Istoxx® Developed and Emerging Markets Ex Usa Pk Vn Real Estate
    ISTOXX® DEVELOPED AND EMERGING MARKETS EX USA PK VN REAL ESTATE Components1 Company Supersector Country Weight (%) Vonovia SE Real Estate Germany 3.58 Goodman Group Real Estate Australia 2.31 Mitsubishi Estate Co. Ltd. Real Estate Japan 2.14 Mitsui Fudosan Co. Ltd. Real Estate Japan 2.06 Sun Hung Kai Properties Ltd. Real Estate Hong Kong 2.00 Link Real Estate Investment Tr Real Estate Hong Kong 1.79 DEUTSCHE WOHNEN Real Estate Germany 1.71 Sumitomo Realty & Development Real Estate Japan 1.50 SEGRO Real Estate Great Britain 1.44 CK Asset Holdings Ltd Real Estate Hong Kong 1.33 China Resources Land Ltd. Real Estate China 1.14 SM Prime Holdings Inc Real Estate Philippines 1.11 LEG IMMOBILIEN Real Estate Germany 1.06 SCENTRE GROUP Real Estate Australia 1.04 UNIBAIL-RODAMCO-WESTFIELD Real Estate France 1.04 AROUNDTOWN (FRA) Real Estate Germany 0.85 China Overseas Land & Investme Real Estate China 0.84 WHARF REIC Real Estate Hong Kong 0.78 Mirvac Group Real Estate Australia 0.78 DEXUS Real Estate Australia 0.77 Nippon Building Fund Inc. Real Estate Japan 0.77 Stockland Real Estate Australia 0.75 Japan Real Estate Investment C Real Estate Japan 0.73 SWISS PRIME SITE Real Estate Switzerland 0.73 CAPTIALAND INT COMM TRUST Real Estate Singapore 0.71 GECINA Real Estate France 0.70 Ayala Land Inc Real Estate Philippines 0.69 Ascendas Real Estate Investmen Real Estate Singapore 0.68 New World Development Co. Ltd. Real Estate Hong Kong 0.66 CANADIAN APARTMENT PROP REIT Real Estate Canada 0.66 NIPPON PROLOGIS REIT Real Estate Japan 0.63 NOMURA REIT.MASTER FUND Real Estate Japan 0.62 CapitaLand Ltd.
    [Show full text]
  • Annual Report
    Contents Delivering Value 2 Ten-Year Financial Summary 4 Chairman’s Statement 6 Financial Highlights 9 Management Discussion and Analysis Review of Operations 10 Financial Review 38 Credit Analysis 46 Corporate Governance Corporate Governance 53 Directors and Offi cers 66 Directors’ Report 68 Sustainable Development 75 Auditor’s Report and Accounts Independent Auditor’s Report 83 Consolidated Profi t and Loss Account 84 Consolidated Balance Sheet 85 Company Balance Sheet 86 Consolidated Cash Flow Statement 87 Consolidated Statement of Changes in Equity 88 Notes to the Accounts 89 Principal Accounting Policies 141 Principal Subsidiary, Jointly Controlled and Associated Companies and Investments 151 Supplementary Information Cathay Pacifi c Airways Limited – Abridged Financial Statements 160 Schedule of Principal Group Properties 163 Group Structure Chart 174 Glossary 176 Financial Calendar and Information for Investors 177 2007 Annual Report 1 Delivering Value Swire Pacifi c is one of the leading companies in Hong Kong with fi ve operating divisions: Property, Aviation, Beverages, Marine Services and Trading & Industrial. The Group’s operations are predominantly in Greater China where the name Swire or 太古 has been established for over 130 years. Swire Pacifi c is deeply committed to Hong Kong where our subsidiaries, jointly controlled and associated companies employ over 43,000 staff. Globally we employ over 70,000 staff. We are committed to ensuring that our The Group’s total net assets employed Excluding the impact of the sale affairs are conducted with high ethical increased by HK$32.2 billion during of the Group’s interest in Shekou standards which is a key component 2007 to HK$159.2 billion at the year- Container Terminals during the year, of our long-term success.
    [Show full text]
  • Discloseable Transaction
    Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. HKR INTERNATIONAL LIMITED 香港興業國際集團有限公司* (Incorporated in the Cayman Islands with limited liability) (Stock code: 00480) DISCLOSEABLE TRANSACTION ACQUISITION OF INVESTMENT INTERESTS IN A REAL PROPERTY IN JAPAN The Board is pleased to announce that on 28 March 2013, the Investors, two indirect wholly-owned subsidiaries of the Company, have indirectly acquired the investment interests in the Property as the underlying entrusted asset from the Vendor for the Consideration of JPY3,472,850,000 (approximately HK$286.3 million). The Acquisition is expected to be completed on the Closing Date. Since one of the applicable percentage ratios under Rule 14.07 of the Listing Rules in respect of the Acquisition exceeds 5% but all applicable percentage ratios are less than 25%, the Acquisition constitutes a discloseable transaction for the Company under Rule 14.06 of the Listing Rules. INTRODUCTION The Board is pleased to announce that on 28 March 2013, the Investors, two indirect wholly- owned subsidiaries of the Company, have indirectly acquired the investment interests in the Property as the underlying entrusted asset from the Vendor for the Consideration of JPY3,472,850,000 (approximately HK$286.3 million). The Acquisition is expected to be completed on the Closing Date. ACQUISITION OF INVESTMENT INTERESTS IN A REAL PROPERTY IN JAPAN On 28 March 2013, the Investors have indirectly acquired the investment interests in the Property as the underlying entrusted asset from the Vendor through a sale and purchase agreement of the trust beneficiary interest in the Property entered into between the Operator as the purchaser and the Vendor on the same date.
    [Show full text]
  • Operations Review
    Hong Kong operations review Operations Review Hong Kong Beautifully landscaped and featured, Siena in Discovery Bay is designed with Southern European style Discovery Bay The improving economy has continued to fuel the sentiments of property end- users and investors who look for high-quality homes and high-return investment potential. The sales re-launch of Siena Two in mid-2004 received keen response from the market both in terms of prices and volume. Of the 250 units marketed, over 95 per cent of the units have been sold with the high-rise units achieving an average selling price of around $3,400 per square foot (G.F.A.), whilst the low- rise units achieved an average selling price of $4,100 per square foot (G.F.A.). Club Siena - 14 - HKR International Limited Annual Report 2004/2005 Construction work of Phase 13, providing over 500 high-rise units, is well in progress with completion targeted towards late 2005. Phase 13 will represent a continuation of the Southern European style of Siena with luxury design elements especially incorporated Phase 13, Discovery Bay to meet the surging demand for high-end property units with secluded living environment. As application for the pre-sale consent for the project has been submitted to the respective authority, plans have also been drawn up to release the project to the market in the third quarter of 2005. With the aim of maximising the potential of Discovery Bay and tapping the anticipated increase of tourists and visitors following the opening of Hong Kong Disneyland on Lantau Island, development of an innovative complex with retail, hotel, entertainment and recreational facilities at Yi Pak Bay has been planned.
    [Show full text]
  • Annual Report A
    Annual Report We are a leading developer, owner and operator of mixed-use, principally commercial properties in Hong Kong and Mainland China, 2015 with a record of creating long-term value by transforming urban areas. Our business comprises three main elements: Property Property Hotel Investment Trading Investment Annual Report 2015 Stock Code: 1972 Brickell City Centre www.swireproperties.com Miami C M Y K SPAR 2015 Cover_Eng_A C M Y K Varnish SPAR 2015 Cover_Eng_A 14.5mm Annual Report We are a leading developer, owner and operator of mixed-use, principally commercial properties in Hong Kong and Mainland China, 2015 with a record of creating long-term value by transforming urban areas. Our business comprises three main elements: Property Property Hotel Investment Trading Investment Annual Report 2015 Stock Code: 1972 Brickell City Centre www.swireproperties.com Miami C M Y K SPAR 2015 Cover_Eng_A C M Y K Varnish SPAR 2015 Cover_Eng_A 14.5mm 2015 Highlights Swire Properties and Sino-Ocean Land announced the grand opening of their joint-venture retail complex Sino-Ocean Taikoo Li Chengdu April – Chengdu details on page 29 Cityplaza unveiled its new brand image, “LIVE HAPPY”, and launched its month-long rebranding campaign June – Hong Kong details on page 24 Signing of a framework agreement with a subsidiary of Shanghai Lujiazui Finance & Trade Zone Development Co., Ltd. to jointly develop the Shanghai Qiantan project July – Shanghai details on page 8 Opening of Swire Hotel’s third hotel from The House Collective brand, The Temple House,
    [Show full text]
  • Hong Kong / SONGQUAN DENG 123RF.COM
    8 | The Japan Times | Monday, July 2, 2018 (Sponsored content) A special feature produced by: Synergy Media Specialists Hong Kong / SONGQUAN DENG 123RF.COM www.synergymediaspecialists.com The best is yet to come Jones Day: Delivering responsive and dedicated client service ith the Stock Ex- “One firm worldwide” ap- A message from Mrs. Carrie Lam, GBM, GBS change of Hong proach gives clients seam- Kong Ltd.’s recent less access to substantial Chief Executive of the Hong Kong Special Administrative Region Wgreen light to list new econ- legal resources. omy enterprises (including Nearly half of the Fortune s Hong Kong cel- Hong Kong, with nearly Kong” campaign. pre-revenue biotech com- 500, Fortune Global 500 and ebrates the 21st an- half of them using Hong Our strong people-to-peo- panies and those with dual Financial Times Global 500 niversary of the es- Kong as their regional ple bond is reflected in the or weighted voting struc- consistently come to Jones Atablishment of the Hong headquarters or regional large number of Hong Kong tures), Hong Kong is widely Day for advice. In 2018, Kong Special Administra- office. We remain the No. people visiting Japan, at a expected to take center the firm ranked number tive Region of the People’s 1 destination for Japanese record breaking 2.23 mil- stage as a global initial pub- one in the Client Service Republic of China, I am food exports. With a strong lion in 2017 and a further lic offering destination. A-Team report published delighted that our bilateral economy and plentiful op- year-on-year increase of “The new regime in Hong by BTI Consulting Group relations with Japan con- portunities arising from the 4 percent in the first two Kong favors innovation and and, in the process, became tinue to grow from strength Guangdong-Hong Kong- months of 2018.
    [Show full text]
  • Board of Directors and Senior Management
    Board of Directors and Senior Management BOARD OF DIRECTORS Other major Arculli Fong & Ng – senior partner offices Hang Lung Properties Limited – non-executive director HKR International Limited – non-executive director Hongkong Electric Holdings Limited – non-executive director Hutchison Harbour Ring Limited – non-executive director Shanghai Century Acquisition Corporation (listed on the American Stock Exchange) – non-executive director Sino Hotels (Holdings) Limited – non-executive director Sino Land Company Limited – non-executive director SCMP Group Limited – non-executive director Tsim Sha Tsui Properties Limited – non-executive director ARCULLI, Ronald Joseph GBS, JP Past offices The Hong Kong Jockey Club – chairman (2002-2006) Hong Kong Equestrian Federation – president (1991-2006) Independent Non-executive Chairman Arculli and Associates – senior partner (2000-2005) Aged 68 Woo Kwan Lee & Lo – partner (retired in 2000) AIA Capital Corp (Holdings) Limited – non-executive director (1984-2004) Director since 26 April 2006 Sun Hung Kai Securities Limited – executive director (1974-1975) and Term of office: 26 April 2006 to non-executive director (1988-1996) 2008 AGM SHK Unit Trust Managers Limited – non-executive director (1988-1996) Memberships in HKEx’s committees: Public service Executive Council of the HKSAR – non-official member Chairman of Executive Committee, Health and Medical Development Advisory Committee – vice-chairman Nomination Committee and The Hong Kong Mortgage Corporation Limited – non-executive director Risk Management
    [Show full text]