2nd ISSUE 2014 SWIRENEWS 30 2nd ISSUE 2014

Contents Newswire 1 Out & About 26

Features Archives A word from the Precious cargo 28 new man at the top 14

The gift of education The group is a multi-national, multi-disciplined 20 commercial group, with its principal areas of operations in the Asia Pacific region, and centred on the Greater China area. is home to publicly quoted Swire Pacific, whose 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, off-shore and road transport logistics services and agricultural activities with main areas of operation in , Papua New 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 played x 16cm), and digital photos taken by cameras with 8 host to the world’s largest Megapixels or above. elephant art exhibition which showcased more Swire News is published in Hong Kong, by the Group than 100 individually- Public Affairs Department. painted, life-size baby elephant statues, each Copyright©2014 with its own unique design. Story on page 3.

Cindy Cheung Editor Charlotte Bleasdale Deputy Editor Barry Chu Manager Design/Production NEWSWIRE 1 Newswire

CORPORATE

John Swire & Sons John Swire & Sons since 1st Kong, Japan and Papua New and of Swire Oilfield Limited announces January 2005. Prior to that, Guinea until 1994, when he Services. succession plan he was Chairman of Swire transferred to London. He James Hughes-Hallett has Pacific and became a Director of John Merlin Swire joined the announced that he will be Airways. Swire & Sons in 2000; he Swire group in 1997. He retiring as Chairman of is also a Director of Swire has worked in Hong Kong, John Swire & Sons at the Barnaby Swire joined the Pacific Offshore Holdings Mainland China and end of 2014. Mr Hughes- Swire group in 1985. He and of Argent Energy Group Australia in various of the Hallett will be succeeded worked for the group’s and is Chairman of The group’s aviation, marine, as Chairman by Barnaby marine businesses in Hong and beverages businesses. Swire; Merlin Swire will He has been a Director of take on the role of Chief John Swire & Sons since Executive. Mr Hughes- returning to London in 2008 Hallett will stay on the and was Finance Director Board of John Swire & Sons from 2009 to 2012. He is as a Non-Executive Director. a Director of Swire Pacific, Swire Properties, Cathay James Hughes-Hallett joined Pacific Airways, and HAECO the Swire group in 1976. and is Chairman of James He has been Chairman of Barnaby Swire Merlin Swire Finlay.

Board changes Pacific, will become Officer – Mainland China On 1st January 2015, the Finance and Corporate of Swire Properties. He has following changes will be Development Director been a Director of Swire made to the composition of Swire Pacific and a Properties since 2008. He of the Boards of Directors Director of Cathay Pacific. has worked with the Swire of Swire Pacific Limited, Mr Cubbon will cease to group in Hong Kong, Papua Swire Properties Limited, be the Chief Executive of New Guinea, Japan, the and Cathay Pacific Airways Swire Properties but will United States, Vietnam, Guy Bradley Limited. remain a Director of Swire Mainland China, Taiwan Properties. Mr Cubbon, Guy Bradley, an existing and the Middle East. Martin Cubbon, an aged 56, has worked for Director of Swire existing Director of Swire the Swire group for 28 Properties, will become Peter Kilgour, currently years. He has been a Chief Executive of Swire Finance Director of Director of Swire Pacific Properties and a Director Swire Pacific, will cease since 1998 and of Swire of Swire Pacific. Mr to be a Director of Swire Properties since 2000 and Bradley, aged 48, has Pacific, Swire Properties was a Director of Cathay worked for the Swire and Cathay Pacific on his Pacific from 1998 to group for 27 years. He is retirement from the Swire 2009. currently Chief Executive group.

Martin Cubbon SWIRENEWS 2 2nd ISSUE 2014 NEWSWIRE 3

PROPERTY

Senior staff ’ three movements brands and a special sales new restaurants Cathay Pacific Airways redemption programme. Swire Hotels will open Limited three new restaurants in Dane Cheng has been The highlights of the the second half of this appointed Director Sales & anniversary celebrations year: PUBLIC and Ground Marketing. were three multimedia PUBLIC in TaiKoo Place and James Ginns has been installations created in The Continental in Pacific appointed Director Service collaboration with the Place. The three standalone Delivery. Royal Institute of British restaurants will be owned James Tong has been Architects (Hong Kong and managed by the newly- appointed Director (From left to right): Swire Properties’ Chapter), offering snapshots established Swire Hotels Corporate Affairs, taking Chief Executive Martin Cubbon, Retail On an official visit to in May, Swire Pacific Chairman, Portfolio Director Elizabeth Kok and of the history and impact of Concepts division, building John Slosar, met Tu Guangshao, a member of the Standing over from Chitty Cheung Founder of Elephant Parade Mike Spits. Pacific Place on the city. on the successful launch Committee of the Communist Party of China, Shanghai who has left the company Committee and Executive Vice Mayor of Shanghai Municipal Elephant Parade® of Plat du Jour, the French Government. During the meeting, Mr Slosar outlined Swire’s after 27 years of service. current business developments in Shanghai, including the Swire Properties played A place in the Opened in 1989, the mall bistro in TaiKoo Place. progress of the Dazhongli project and expansion of the group’s Algernon Yau has been host to the world’s largest heart for 25 years at Pacific Place includes cold storage business. Mr Tu expressed the hope that Swire appointed Chief Executive would explore further business opportunities in the city. elephant art exhibition from In May, Swire Properties over 711,000 square feet At One Island East in TaiKoo Officer – Dragonair. 1st August to 9th September. kicked off a three-week of world-class shopping Place, Ground PUBLIC will The Elephant Parade® celebration at Pacific Place and dining. In 2011, the begin serving coffee, drinks Swire Properties Limited showcased more than 100 to commemorate the 25th mall completed a HK$2.1 and takeaway items in July, Philippe de Gentile- individually-painted, life- anniversary of Hong Kong’s billion “contemporisation” while from September, its Williams has been size baby elephant statues, premier shopping mall. project led by globally- full-service counterpart appointed Director, Human each with its own unique Themed “A Place in the acclaimed designer Thomas PUBLIC will cater to Resources. design created by renowned Heart”, activities included a Heatherwick, to set a new workers in neighbouring Elizabeth Kok has been local and international display of 25 birthday cards standard for contemporary office buildings, as well as appointed Director, Business artists and designers. They from famed international luxury. local residents, with a wide- Development. were on display at Pacific ranging menu featuring Alvin Kong has been Place, Cityplaza and Citygate Western and Asian dishes. appointed Director, Retail. Outlets malls, as well as In October, The Continental Don Taylor has been The Upper House and will open at Pacific Place, (Left to right) Vivian Lo, appointed Director, Office. Cathay Pacific’s General EAST, Hong Kong. Martin with a menu drawing Adrian To has been Manager Taiwan & Korea, Cubbon, Swire Properties’ its inspiration from the Derrick Chan, Deputy appointed Director, Chairman, Swire Group Chief Executive, said: grand cafés of Europe Taiwan, Ian Shiu, John Residential. Taiwan visit by MOEA Minister Dr Chia- Slosar, Dr Chia-Juch “These incredible elephant and featuring a variety of In early June, Swire Pacific Juch Chang, who expressed Chang and other senior statues were colourful and European classic dishes, MOEA officials. Chairman, John Slosar, and his appreciation for Swire’s welcome guests at our malls, from breakfast through Ian Shiu, Chairman of Swire investment in Taiwan over and we hope they helped lunch and dinner, to late Group Taiwan, led a group the years. Swire has been distribution, air catering and raise awareness of the vital night drinks and snacks. of Swire Taiwan executives operating in Taiwan since laundries. Cathay Pacific conservation issue facing A multimedia installation “This is OUR Place” at the on a visit to Taiwan’s 1948 and has substantial and Dragonair operate a Asian elephants today.” mall’s Garden Court offered visitors snapshots of the Ministry of Economic business interests in total of 191 flights per week history of Pacific Place. Affairs (“MOEA”). The automotive trading, between Hong Kong and delegation was welcomed beverage production and Taiwan. SWIRENEWS 4 2nd ISSUE 2014 NEWSWIRE 5

Swire Coca-Cola AVIATION USA expands HAECO expands AGRIBUSINESS & franchise territory Cathay Pacific component repair FOOD CHAIN coffee market and there Swire Coca-Cola USA strengthens brings the total number capability conjunction with the Group’s are some obvious synergies assumed new franchise MARINE network of freighter destinations HAECO has established subsidiary and associate Finlays to grow between tea and coffee territories in the Denver and SERVICES Cathay Pacific Airways will it serves in North America a new component MRO facilities covering wheels and extracts business extracts around customers Colorado Springs markets in launch a four-times-weekly to 14. The new service will company at Xiamen, in brakes, tyres, aero-structures, in the US and product development. May, following a definitive CNCo confirms service from Hong Kong further strengthen the Mainland China. HAECO landing gear, APUs, and James Finlay International The US market is an exciting agreement with The Coca- new bulk carrier to Manchester from 8th airline’s presence in Canada Component Overhaul other Line Replacement Inc, a wholly owned area for Finlays and we Cola Company. The granting orders December this year and a and offer customers more (Xiamen) Limited is a Units, will greatly enhance subsidiary of the Finlays are looking forward to of the new territories, which On 7th June, The China nonstop daily service to choice and greater flexibility wholly owned subsidiary component support provided Group, has acquired 100% putting more emphasis on border its existing franchise Navigation Company Zurich from 29th March when transporting of the HAECO Group. The to HAECO’s airframe and of the share capital of our operations there. The territories, has increased (“CNCo”) signed contracts 2015, subject to government commodities to and from company’s 1,500 square- line maintenance customers Autocrat LLC, a leading US- acquisition will double the Swire Coca-Cola USA’s for four 37,800 deadweight- approval. Both services Asia. metre workshop has around the Asia Pacific based supplier of coffee size of our business in the franchise population from ton log-fitted, handy-size will be operated by Boeing technical capabilities on region. extracts used to flavour US, giving us greater scale 6.2 million to 10.7 million. bulk carriers to be built at 777-300ER aircraft. Cathay New code-share hydraulic, mechanical, products for some of the and access to new channels. Imabari Shipbuilding Co. Pacific first flew to Zurich Cathay Pacific and avionic and pneumatic Cargo terminal foremost companies in the Entering the coffee extracts “Swire Beverages is Ltd. in Japan; the vessels in 1988 and to Manchester oneworld partner, Qatar systems across the Airbus welcomes new food, beverage and dairy market is a natural extension committed to building a will be delivered in 2016 in 1994. Under the new Airways, have signed and Boeing commercial customer industries. for our own tea extracts world-class bottling system and will be deployed in schedule, flights to and from an extensive code-share aircraft fleets – an initial 400 Malaysian low-cost carrier, business, providing excellent across all the franchise CNCo’s dry-bulk division, Manchester will depart every agreement offering the part numbers, expanding AirAsia, has appointed “This acquisition opportunities for growth.” territories in which we Swire Bulk, operating on a Monday, Tuesday, Thursday airlines’ passengers greater to 1,200 by the end of Cathay Pacific Services demonstrates our operate,” said Patrick worldwide basis. and Saturday. Manchester flexibility and a wider 2014. The facility currently Limited (“CPSL”) as willingness to invest in Headquartered in Lincoln, Healy, Managing Director International Airport is choice when travelling from operates under European its handling agent for businesses that can help Rhode Island, Autocrat has of Swire Beverages. “We In the same week, Swire ranked third in the UK after Hong Kong to Europe, Aviation Safety Agency cargo operations and fuel profitable growth been in the coffee extracts will continue to work Bulk took delivery of Heathrow and Gatwick, Africa and the Gulf, or (“EASA”) approval, and documentation at the Cathay and broaden our existing business since 1895 and is closely with The Coca-Cola CNCo’s fifth Deltamarin- in terms of passenger from Doha to Australia, intends to obtain approval Pacific Cargo Terminal at tea extracts business in committed to using only Company, leveraging our designed B.Delta37, handy- throughput and has strong New Zealand, Korea and from the US Federal Aviation Hong Kong International North America,” said Ron the very finest natural proven strengths in local size, eco-bulk carrier potential for growth. Japan. Cathay Pacific Administration (“FAA”) Airport. “We are fastidious Mathison, Finlays Group ingredients in its products. marketing, distribution and from Chengxi Shipyard in The airline has also flights between Hong Kong and the Civil Aviation about cost efficiency and Managing Director. “Finlays The company also produces customer service to serve Mainland China. Eredine is announced that it will and Sydney, Melbourne, Administration of China competency in every is already a major player in tea extracts, powders and a significantly expanded China Navigation’s first log- boost its freighter services Brisbane, Perth, Cairns, (“CAAC”). aspect of our operations, the UK roast and ground concentrates. customer base.” fitted bulk carrier and was to and from Canada Adelaide, Auckland, Tokyo, and are glad to find a named at Chengxi Shipyard with a new twice-weekly Osaka, Nagoya and Seoul With a skilled workforce of compatible partner like on 29th April. The vessel’s scheduled service to Calgary now carry the “QR” code, 77 employees from Hong CPSL, who recognises our sponsor was Mrs Kate commencing on 17th while Qatar Airways flights Kong and Xiamen, the new operational needs and has Wemyss, whose husband, October 2014, subject to between Doha and Jeddah, subsidiary aims to increase a good understanding of Mr William Wemyss, is a government approval. The Nairobi, Athens, Geneva, its production workforce our business model,” said non-Executive Director of latest addition to Cathay Madrid, Barcelona and to over 200 by 2016. Its AirAsia’s Chief Executive JS&S. CNCo has a further Pacific’s cargo network Venice carry Cathay Pacific’s technical capabilities and Officer Ms Aireen Omar. nineteen 39,000dwt bulk new buildings on order “CX” code. production capacity will “Cargo is one of the Autocrat’s manufacturing dovetail with HAECO’s important revenue streams facility in Lincoln from Mainland shipyards produces coffee extracts component workshops for AirAsia and it is crucial from the highest quality in Hong Kong and in to have a partner who adds natural ingredients. more value to our services.” SWIRENEWS 6 2nd ISSUE 2014 NEWSWIRE 7

SPO launches Pacific Dragon new “L” Class launches SPO launched its eighth pull vessels to be built feature the latest dynamic Lady Sponsor, Mrs Kate vessels Wemyss and Mr William On 17th July, Swire The 5,258dwt “L” Class “D” Class Anchor Handling by ST Marine. Equipped positioning technology Wemyss, (second row, centre), together with Pacific Offshore (“SPO”) vessels are designed to have Tug Supply Vessel, Pacific with advanced technical and independent drop ship officers and the celebrated the naming optimum fuel-efficiency Dragon, on 17th April at capabilities to support down-azimuth thrusters, supervisory team at the naming ceremony. of its second “L” Class and feature newly- ST Marine Shipyard in the latest generation of offering enhanced station- vessel, Pacific Legacy, built developed, fuel-efficient ; the sponsor was semi-submersible rigs keeping. The “D” Class at Japan Marine United propulsion pods, a four- Mrs Camille Gribble, wife operating in harsh deep- are also equipped with Corporation’s (“JMU”) engine diesel electric power of SPO's Finance Director, water environments and large capacity 500 MT Maizuru Shipyard. The plant, and a computerised Mr Nigel Gribble. The built to clean-class SPS RRM Brattvagg winches, Lady Sponsor was Ms power management system launch of Pacific Dragon 2008 and ice notations, recovery frame (ARF) Jeanne Sumantri, the wife that is programmable to marks the completion of the vessels are designed and travelling cranes and of Mr Michael Ellsworth, ensure optimisation of the eight-vessel, Havyard- to be fuel-efficient and have ample cargo capacity for delivery up to 2016; all of multipurpose vessels built tour of the vessel, guests Chief Executive Officer the diesel engine load and designed “D” Class new to reduce environmental and clear deck space for them will be loggers, like the by Zhejiang Ouhua Shipyard commented on the high of Altus Logistics. The fuel consumption. The building series; it is the sixth impact in whatever roles a wide range of offshore recently ordered Imabari38 was officially named on standard of accommodation launch of Pacific Legacy vessels’ large capacity of these 240-tonne bollard they are deployed. They applications. vessels. Eredine recently her maiden voyage. Ms Tan – especially the family cabins comes after the successful cargo systems mean they loaded her first cargo of logs Beng Tee, Assistant Chief and fully-equipped gym. launch in March of the are well-equipped for at the Port of Tauranga in Executive of Development at As an illustration of the “S” first “L” Class vessel supply duties in deep- New Zealand. the Maritime Port Authority Class vessels’ multipurpose Pacific Leader, which is water environments. Their of Singapore, performed flexibility, cargo carried now operating in Africa. Cargomaxx bulk cargo “S” class series the traditional naming included over 400 containers Pacific Leader and Pacific system allows for the complete ceremony. The event was and 20,000 tons of break- Legacy are the first two of carriage of dry and wet bulk Meanwhile, CNCo hosted an opportunity for staff bulk cargo, including a series of eight “L” Class cargoes in five separate over 100 guests in from the Singapore office two luxury yachts and a vessels commissioned by tanks and uses a pressure Singapore’s Jurong Port on to familiarise themselves 2,000 cubic-metre floating SPO. Two more vessels vacuum system to load and 8th May, when the last of its with the latest addition pontoon destined for use as to be built by JMU, Pacific unload cargo; it is also fitted eight “S” Class, 31,000dwt to the fleet and during a a ferry wharf in Brisbane. Legend and Pacific Liberty, with a weighing system to will be delivered over the accurately measure product

next few months, while discharged. (Left to right) Duncan Telfer, the remaining four vessels SPO’s Commercial Director, Mrs Camille Gribble, and will be built in Brazil. Mr Ng Sing Chan, President of ST Marine shipyard, officiating at Pacific Dragon’s launch and naming ceremony.

MV Szechuen is CNCo’s Tim Blackburn, Managing 212th new building and Director of CNCo, the fifth vessel of this presents Lady Sponsor, name to be owned by Ms Tan Beng Tee, with a the company. souvenir, while Captain Norman McNee, looks on. SWIRENEWS 8 2nd ISSUE 2014 NEWSWIRE 9

TRADING & INDUSTRIAL & Industrial Division. IN THE The company’s strategic COMMUNITY which includes making Swire Brands new objective is to identify and biobased polyester, whose a positive contribution challenging and exciting venture invest in a portfolio of enhanced properties over Swire partners to the communities in career opportunities Swire Swire Brands has made lifestyle consumer brands, conventional packaging with the Australian which Swire’s Australian can offer AIEF Scholarship its first investment in a including apparel, footwear, materials enable new Indigenous businesses operate. “Our students, as an organisation lifestyle consumer brand accessories and homeware packaging innovations. It Education investment in AIEF will which operates in such a by taking a minority products, which offer aims to replace PET as a Foundation help Indigenous children wide range of industries and shareholding in Rebecca business growth potential in biobased plastic for a range John Swire & Sons Pty access a quality education locations.” Minkoff Holding Company Asia. of applications including has announced a new A$1 and opportunities which will LLC, which owns the US- bottles, film and fibres. million, six-year partnership have a ripple effect on their AIEF is building a A$140 based leading lifestyle Swire Motors Avantium manufactures PEF with the Australian families, friends and broader million fund to empower brand, Rebecca Minkoff. Swire Motors’ General Manager – Passenger Cars, at its pilot plant in Geleen, Indigenous Education communities.” 7,000 Indigenous children launches Jeep Luis Chein (fourth from left) and Assistant General The investment will be Swire Motors launched a Manager – Passenger Cars, Andy Hau (right) with in the Netherlands, and is Foundation (“AIEF”). to build a brighter future Fraser Callum, Country Manager, Fiat Chrysler Hong instrumental to Rebecca range of Jeep models in Kong (left) and Mike Tsesmelis, Regional Manager planning its first commercial AIEF Chief Executive, through quality education Minkoff’s global expansion Hong Kong in April, after – Sales Operations and Market Development, Fiat scale plant, scheduled to The six-year commitment to Andrew Penfold, said the and careers. In 2013, over Chrysler APAC General Distributor (third from left) strategy, particularly in acquiring the distribution attended the Jeep launch event. commence operations in AIEF will support the AIEF partnership would enable 400 AIEF Scholarship gaining a foothold in the fast rights for the premium sport 2017, to enable commercial Scholarship Programme, AIEF to provide more students achieved a record growing Asia Pacific market, utility vehicle (SUV) brand in production of the first PEF which provides scholarships opportunities to a growing 93% retention and Year where consumers have Hong Kong and Macau. The Motors’ partnership with Green investment bottles. which enable Indigenous number of Indigenous 12 completion rate, and an increasing appetite for company is expanding into the Fiat Chrysler Group, for Swire Pacific has invested students to attend some of students. “AIEF is proud 95% of AIEF alumni were affordable lifestyle brands. the premium SUV market, whom the company has been in a minority stake in Commenting on the Australia’s leading schools to partner with Swire and productively engaged in Established in 2013, in view of the growing distributing Italian brands, Avantium, a leading investment, Philippe and universities. particularly excited by the further studies, employment Swire Brands is a wholly popularity of SUVs in Hong Fiat and Alfa Romeo and technology company Lacamp, Swire Pacific’s Head or other pursuits. owned subsidiary of Kong. The launch marked the performance racing car which is developing the of Sustainable Development Swire will also engage Swire Pacific’s Trading another milestone in Swire Abarth since 2010. next generation biobased said, “This investment with the AIEF Pathways packaging. The other aligns with our sustainable Programme, which supports investors in this €36 development strategy to AIEF Scholarship Students million (US$50 million) build and develop a portfolio making the transition from financing round included of promising early stage school to further education The Coca-Cola Company, sustainable technologies to and employment. Swire staff DANONE, and ALPLA. reach commercial scale. The will have the opportunity to Avantium specialises in technology that Avantium personally engage with AIEF high-throughput, advanced supplies represents a programmes as volunteer catalytic research. The pathway to the next mentors and tutors. JS&S Pty Chief Operating Officer and AIEF company’s YXY technology generation of bio-based Ambassador, Greg Hughes, with AIEF alumni platform enables it to packaging materials, and has John Swire & Sons Pty Kygim King at the launch of the 2013 AIEF Annual Report in Sydney in May. catalytically convert huge potential application Chairman and Chief JB Rae-Smith, Executive Director of Swire Pacific’s renewable plant-based for our existing bottling Executive, Bill Rothery, Trading & Industrial Division and Uri Minkoff, materials into biobased Co-founder and CEO of Rebecca Minkoff Holding businesses.” said the partnership was Company LLC (right) at the signing ceremony. Also chemicals and bioplastics. part of the company’s shown is Rebecca Minkoff’s signature tote bag, the M.A.B. (Morning After Bag). Avantium’s lead application, wider commitment to PEF (polyester polyethylene- sustainable development, furanoate), is a novel 100% SWIRENEWS 10 2nd ISSUE 2014 NEWSWIRE 11

CNCo’s Finance Director, Rebecca Sharpe (centre), accepted the prestigious “Ship Owner/Operator Award 2014” at the annual Seatrade Asia awards ceremony held in Singapore on 7th April. With Rebecca are Mr Chow How Jat, Managing Director, Keppel Shipyard Limited (left) and STC Managing Director, Geoff Cundle (far left) Mr Chris Hayman, Chairman, and 2015 Pacific Games mascot Tura the Kokomo, Seatrade (right). It is the second with STC employees who have been selected to consecutive year that Swire play on PNG’s softball team. (Left to right) Ray Shipping, CNCo’s liner trade Diou of East West Transport (“EWT”), Dick Bart division, has won the award, which of Laga Industries and Gerald Pokanau of EWT. is judged on innovative customer service delivery, network service development, together with Steamships to commitment to the environment. sponsor Pacific RECOGNITIONS Games Steamships Trading World’s best for Company (“STC”) is to be a the fourth time the survey, covering 245 Pacific colleagues who have Gold Sponsor of the 2015 Cathay Pacific has been airlines worldwide. Cathay worked tirelessly to ensure Most attractive Best hotel Readers of Ultratravel, a Pacific Games, which will named “World’s Best Airline” Pacific Chief Executive we offer world-beating employer perceptions of Hong Kong’s and across a broad range luxury travel magazine be held in Port Moresby in the annual Skytrax World Ivan Chu said, “As the products and services to Cathay Pacific topped the 75 largest employers. Sixty- of age groups from 18 to published by The Telegraph in July 2015. Making the Airline Awards. This is the home airline of Hong our customers. We have list as Hong Kong’s most two percent named Cathay 49. The airline also led in UK, have voted The Upper announcement at the fourth time Cathay Pacific Kong, we take great pride been the home airline attractive employer at the Pacific as the company they the career progression and House Best Hotel in Asia. Gateway Hotel in Port has received the World’s Best in putting the city on the of Hong Kong for close annual Randstad Awards, would like to work for, and training categories, ranked The hotel is also honoured Moresby on 29th May, Airline honour – the only international stage by to 70 years and we are while Dragonair and Swire 55% of the respondents second for its pleasant as one of four runners-up Steamships Managing airline to achieve such a feat. winning this prestigious committed to building our Properties came third and voted for Dragonair and working environment and for the title of World’s Best Director, Geoff Cundle said, The carrier also took the title award once again. I would city into one of the world’s tenth respectively. 49% for Swire Properties. interesting job content Hotel 2014. “Great sporting events can in 2003, 2005 and 2009. like to thank all my Cathay great aviation hubs.” The survey also showed that and came third in terms of act as a catalyst to trigger Skytrax is acknowledged The awards are based on Cathay Pacific is the most work-life balance and strong Since opening in 2009, The a new level of national as running one of the a survey of 6,253 local attractive employer to both management. Upper House has received pride and confidence. I can most comprehensive employees about their male and female jobseekers, a number of international vouch for the power and customer satisfaction awards. In January this emotion of participation surveys in the airline year, the hotel came second in such an event. It is that industry. The latest in the 2014 TripAdvisor sense of participation that Skytrax awards are Travellers’ Choice Top 25 we will be looking to help based on a survey of Hotels in the World Awards. create through our gold 18.85 million airline It was also named as the sponsorship of the Pacific passengers from around number one in Asia and Games.” the world who voted for China in the awards, which their favourite travel are determined based on experiences between the reviews of millions August 2013 and May Cathay Pacific’s Chief Executive Ivan Chu receives the Skytrax of TripAdvisor travellers 2014. Airline passengers award at the Farnborough around the globe. from more than 160 International Air Show. Nick Rhodes, Cathay Pacific’s Director countries participated in People, with Peter Yu, Director of Randstad Hong Kong, at the award presentation ceremony. SWIRENEWS 12 2nd ISSUE 2014 NEWSWIRE 13

2014 Interim Results

Swire Pacific Swire Properties Cathay Pacific Airways HAECO HK$M Change HK$M Change HK$M Change HK$M Change Turnover 30,111 +27% Turnover 8,338 +44.9% Turnover 50,840 +4.6% Turnover 5,337 +65.6% Profit attributable to Profit attributable to Profit attributable to Profit attributable to shareholders (underlying) 4,330 +31% shareholders (underlying) 3,775 +34.2% shareholders 347 +1,345.8% shareholders 283 -21.2% Earnings per share (underlying) HK$ Change HK$ Change HK$ Change HK$ Change ‘A’ share 2.88 Earnings per share (underlying) 0.65 +35.4% Earnings per share 0.088 +1,366.7% Earnings per share 1.70 -21.2% +31% ‘B’ share 0.58 Dividend per share HK$ Change Dividend per share 0.10 +66.7% Dividend per share 0.65 -18.8% Dividends per share HK$ Change 0.22 +10.0% ‘A’ share 1.10 ‘B’ share 0.22 +10%

Swire Pacific Limited Swire Properties Limited Cathay Pacific Airways Limited Hong Kong Aircraft Engineering Company Limited “Our consolidated profit attributable to shareholders for the “Underlying profit increased from HK$2,812 million in the first “The Cathay Pacific Group reported an attributable profit of (“HAECO”) first half of 2014 was HK$6,484 million, HK$124 million lower half of 2013 to HK$3,775 million in the first half of 2014. The HK$347 million for the first six months of 2014 compared to “The HAECO Group reported an attributable profit of than for the first half of 2013. Underlying profit attributable increase was mainly attributable to higher profits from property a profit of HK$24 million in the first half of 2013. A number HK$283 million for the first six months of 2014, compared to shareholders, which principally adjusts for changes in the trading in Hong Kong and positive rental reversions from the of factors had a significant negative impact on the Group’s with a profit of HK$359 million for the same period last year. valuation of investment properties, increased by HK$1,033 investment property portfolio. The performance of the hotel business in the first six months of the year. The principal Demand for HAECO’s line maintenance services in Hong million to HK$4,330 million. This increase in underlying profit portfolio improved, particularly in Mainland China, where our adverse factors were reduced passenger yield, continued Kong in the first half of 2014 remained stable. Its airframe hotels in Beijing and Guangzhou recorded higher occupancies reflects higher profits from the Property, Aviation, Beverages, weakness and over-capacity in the air cargo market, the maintenance activities continued to be adversely affected and improved room rates in spite of increased supply. and Trading & Industrial Divisions and lower profits from the continued high fuel price and a weak performance from Air by capacity constraints caused by the lead time to train new Marine Services Division. Demand for Swire Properties’ office space in Hong Kong is China. Fuel remains the Group’s most significant cost. The staff. Demand for component and avionics overhaul services expected to show further improvement with modest additional Cathay Pacific Group continues to increase fuel efficiency by in Hong Kong fell substantially as a result of the retirement The Beverages Division expects sales volume growth to demand for office space in the central district and continued modernising its fleet. It is also focused on controlling costs. of Boeing 747-400 aircraft. The profits of Hong Kong Aero continue, but margins will come under increasing pressure firm rental levels on renewals at Island East. Engine Services Limited (“HAESL”) decreased. Fewer engines in the second half of the year. Raw material costs remain The fall in retail sales in Hong Kong has resulted in retailers The operating environment for the Cathay Pacific Group – were overhauled and less overhaul work was done per engine. favourable in most territories. The growth in Swire Pacific becoming more cautious. However, this is not expected to have and the aviation industry as a whole – remains challenging. The reduction in engine output reflected a reduction in the Offshore (“SPO”)’s core business should continue in the second a significant adverse effect on Swire Properties’ retail properties We face significant competition in our passenger business. required frequency of scheduled maintenance, in particular for half of 2014. SPO’s positioning as a safe, reliable provider in Hong Kong, which remain fully let. This makes it difficult to maintain yields. The air cargo Trent 700 engines. HAECO USA Holdings, Inc (“HAECO USA”) of high quality services will help to ensure that it remains a business remains problematic because of excess capacity. completed the acquisition of TIMCO Aviation Services, Inc. In Mainland China, demand for decentralised office space in preferred supplier to the industry and that vessel utilisation Intense competition similarly puts pressure on yield. On (“TIMCO”) in February 2014. It recorded a small loss from the Beijing remains good reflecting rental increases in the city’s levels are maintained. The results of the Trading & Industrial the plus side, we continue to strengthen our passenger date of its acquisition. The profit of Taikoo (Xiamen) Aircraft central business district. In Guangzhou, there is demand Engineering Company Limited (“TAECO”) decreased. Demand Division for the second half of 2014 are expected to be affected for prime office space in Tianhe central business district. network and the connections available through Hong Kong. by the cost of new business development.” Nevertheless, the supply of new office space in the city is The high quality of our products and services increases our for its airframe maintenance services was stable, but labour expected to be substantial over the coming years. attractiveness to passengers. We expect our new freighter costs were higher. Taikoo Engine Services (Xiamen) Company fleet and new cargo terminal to allow us to compete Limited (“TEXL”) performed well. It overhauled more engines Demand for luxury residential properties in Hong Kong has successfully in the air cargo market in the long term.” and made a profit. In Hong Kong, the overall manpower level picked up over the last three months, a trend that is likely has stabilised but it still takes considerable time to train new to continue into the second half. In the second half of 2014, staff to reach required skill and experience levels. HAECO’s property trading profits are expected to be recognised on available aircraft maintenance capacity in the second half of sales of units at the MOUNT PARKER RESIDENCES, AZURA, 2014 is expected to remain flat. Demand for line maintenance ARGENTA and DUNBAR PLACE developments in Hong For full results of these companies, please visit our websites: Kong and on the sale of the office portion of the Daci Temple services is expected to remain stable. Demand for the airframe www.swirepacific.com development in Chengdu, Mainland China. maintenance services of TAECO and TIMCO is expected to be www.swireproperties.com lower in the second half of the year. HAESL’s performance is www.cathaypacific.com The performance of the hotels in Hong Kong is expected to be expected to continue to be impacted by a reduction in demand www..com stable in the second half of 2014. Trading conditions for our for engine overhaul services. TEXL is expected to perform hotels in Mainland China are expected to continue to improve.” well.” SWIRENEWS 14 2nd ISSUE 2014 FEATURE 15

In a recent interview, John shared his As you mentioned, you’ve excitement about his new role, his been with Swire a long time. plans for the future and what he gets Can you tell us some of the up to in the occasional moment of free lessons you’ve learnt in your time. various roles? Here in the Swire group, we believe How does it feel to be the that being involved in different roles Chairman of Swire Pacific? in different businesses is a very good Many people ask me that question and way to develop experienced and of course my new role is fantastic. Even agile managers. I certainly learned though I’ve been at Swire for a long something new in every one of my time, 33½ years to be precise, this job roles, and I think I bring those lessons is still new in many ways and I have a with me into my new job. great deal to learn. The one lesson I’ve held various that came up time roles across our and time again in divisions, but there all my roles was are still many the importance Swire businesses I of teamwork. have not worked Very little can in. It’s been very be achieved interesting for me to by one person not only look at the working alone, so A word from the Swire businesses great teamwork I already know is essential to from a different building great perspective, but businesses. Look new man at the top also to learn about at Swire Beverages, businesses I’m less for example, In March of this year, John Slosar took over from Christopher familiar with. where I spent nine Pratt, taking the helm of the Swire group in Hong Kong. Like years. Most of that time was spent I think the key word here is ‘learn’. in Mainland China and part of my so many of the group’s senior staff, John is no newcomer. His One of the core principles of the Swire role was to take the seven franchise group is that we never stop learning. territories that we had in China and to career with Swire spans more than 33 years, during which time Keeping that learning switch on is really make something out of them. his posts have included roles within shipping services, Swire always a great thing to do when you’re a manager, and coming into this job By the time I moved on, we had over Beverages, HAECO and most recently Cathay Pacific, where he has required me to do just that. 12,000 staff, going up and down the made his mark as Chief Executive. streets in all the towns where we had SWIRENEWS 16 2nd ISSUE 2014 FEATURE 17

may be Cathay Pacific’s new fleet orders also means development opportunities or new seats, then a big Properties for existing staff and opportunities for project in Hong Kong or elsewhere in new joiners to the Swire group. Mainland China. Every day is different and interesting. Another of my goals is to make sure that here in Hong Kong we continue What are your plans for the to play an important role in Hong Kong future? life. This has been our home for over One of my goals in my role at Swire is 140 years now and our brands have to make sure that we take advantage helped to make Hong Kong what it is of the opportunities we have to grow today. But Hong Kong is changing fast franchise territories. Everyone from the our businesses. Growing a business is and we need to make sure that we are guy driving the delivery truck to the What was the first thing you important for a couple of reasons. First, staying in the middle of that change truck loaders to the salesperson going did in your new role? everyone wants to grow profitability and and thinking about how we can play into stores and selling cases of Coke had In my first few weeks, I focused on growth is needed to do that over time. an equally important role for the Hong to work together as a team and had to meeting the teams in our businesses But it’s more than just that. Growing Kong people of the future. know what they were trying to do and and listening to them talk about the your business means you are really in how to do it. This was a big challenge. challenges they are facing. If there’s the market and you are finding more How important is China in the one thing that distinguishes Swire and more people who are attracted to group’s future? It was certainly the same in HAECO and businesses, it’s great teams made up your products. That tells me that you are The short answer is – very important. Cathay Pacific. The better we were of people who have been in the group relevant to what your consumers need Within our lifetimes, China is going to be as a team, the better we did for our for some time. Everyone knows that, in in their lives and I think staying relevant the largest economy in the world, and customers and for our businesses. And, Swire, we value our staff so our teams is very important. we in the Swire group are ideally placed in my experience, everyone enjoys have the experience to be able to deal to play a growing role in that economy. being part of a team that is working with complex and changing markets. At Swire, we see growth all around us We are already successfully invested in a together and succeeding at what they We also value the positive and active – whether that’s new routes and more number of different businesses. I don’t are doing. corporate culture that can be built passengers at Cathay Pacific, land for a know any other group with a China around Swire staff who’ve worked new property project in Swire Properties, portfolio as interesting and diverse as A lesson I learnt during my time at together for a long time. All in all, it’s more cold stores in China for Swire ours. Cathay Pacific was the importance of been a huge pleasure for me to spend Pacific Cold Storage or new brands and really connecting with your customers. time with the Swire teams in all the new sales records in Swire Resources. Our investments reflect our confidence In every business, whether it’s shipping, different businesses. There is no way that we are short of in the long-term development of fast-moving consumer goods, or growth opportunities. Growth of course airlines, customers always have a choice. What is an average day like At Cathay, we very rarely had customers for you now? that travelled once and never travelled One of the interesting things about again. Our customers travelled over and the new job is that no day is the same. over again, and our goal was to give Part of that comes from the fact that them great reasons to keep coming we have a diverse portfolio of different back to Cathay. I have seen that same businesses, and on different days, lesson apply itself in Swire Pacific different things are happening in each Offshore and I think that lesson applies of them. So, on one day we may be to nearly all of the businesses within the looking at the case for buying more Swire group. offshore supply vessels for SPO down in Singapore, then that same afternoon, we may be talking about production capacity in Beverages. The next day it SWIRENEWS 18 2nd ISSUE 2014 FEATURE 19

China. Anyone who has been paying the world economy works – we have to everyone in my team knows what’s Chairman, taught me a great deal about attention to China for the last 20 or 30 adapt to it. going on and has a chance to express how to look at and think about the years has to be amazed at the progress themselves. development of businesses. that’s been made since the Mainland Fortunately, I think within Swire we are started opening up in 1979. There has well positioned to cope with volatility, What’s your favourite part of What do you do when you’re never been faster development of any firstly because of our diverse portfolio of the job? not working? country at any time in history, which businesses, which give us balance and a That’s a difficult question because my That does not happen very often! But is a great testament to the hard work, degree of natural hedging . We are never new job has so far been interesting, I do have a family I occasionally see! the focus, and the pragmatism of the totally dependent on any one business challenging and totally involving. My wife Joy is from Thailand. We met Chinese people. At Swire, we support so while some of our businesses may be But I have to say that so far the most when I was posted to work in Thailand that and we think we can support down for a time, others will usually be interesting thing for me has been sitting shortly after joining the Swire group. that development and bring value to up at the same time. down with Swire group staff. Perhaps She is involved in charity work in Hong Chinese consumers. many people would rather not come Kong and supports We also run our businesses on a to see me for their annual performance some of the important Some have concerns about the Chinese decentralised basis. The absence of assessments but for me it is fantastic Swire charities. I also economy. I have worries about every a central bureaucracy – which almost to be able to sit down with senior and have two children. My economy because every economy always slows things down – means up-and-coming managers and talk to eldest daughter Dana stumbles at some point! That will most that the senior leadership teams of our them about their lives, how they feel is in university in the likely be the case in China too, but I business can get on to do what’s right their jobs are going, how they feel their United States and my personally feel confident about China for their businesses. careers are developing, and what they son John is at school in the long term. I think they have built feel they could do better and what they here in Hong Kong. a track record of progress and that Moreover, we always want to do well would really like to achieve. The other member they are doing the right things now to but would never make bad business of my family is a very develop their economy for the future. decisions just to influence results in one Do you have any role models big black dog called month or the next quarter. The long- who inspire you in your Frankie, who follows Because of our focus on long-term term orientation of the Swire group working life? me around at home. investing, short-term bumps in the road means that we can prioritise doing the My most important role models have are not going to change our policy as right things for our businesses over been right here in the Swire group. In my free time I like listening to music regards China. We are well-financed, the medium to long term and our I have been very lucky in working for and write book reviews for the Hong our businesses are strong and have conservative balance sheet means we fabulous bosses who themselves were Kong Club. I’m part of the review team long-term prospects, and we’ll stay with have the resources to see ourselves over very accomplished. All of the Chairmen there, and several months per year I them. Yes, it’s safe to say that at Swire the bumps. As long as we do the right that I’ve known previously in Swire have read a newly-acquired book and write a we are believers in China. things for our businesses in the long been exemplary leaders. 300-word review for the Club magazine. term, I’m confident we’ll continue to This forces me to keep reading and What risks or challenges do thrive. Probably the Chairman that I worked to pay attention to what I’m reading, you think lie ahead for the closest with in my formative years was which I think is a great skill to keep How would you describe your group? Peter Sutch, who had a great gift in sharp. I also try to hit the gym when I Unfortunately no business and no leadership style? communicating his enthusiasm for the can, which is not often enough! economy are immune from the laws I think every Chairman has put his group. I think he was very inspiring in of economics. If anything has marked personal stamp on how the group that way. James Hughes-Hallett, whom In general, I never run out of things the last five or six years in the world operates and I hope I can do the I worked very closely with in my early to do. I tend to run out of time first, economy, it’s been the very nasty word same. For me, it’s all about teamwork, Beverages days, is superb at being and that’s okay because I think most ‘volatility’. Things have moved up and developing our staff, good organised and focused. He is also a people understand that Hong Kong is down at a faster pace than we’ve ever communication and being creative, fabulous listener and questioner who a busy place. There’s always something seen. This has meant we’ve had to active and aggressive about making is amazingly agile at thinking through happening here, and I think the most change faster than we have ever had good things happen. I’m very open even the most complicated of situations. fun is to be right in the middle of it all. to do in the past. But, this is the way in general and I try to make sure that And, Chris Pratt, most recently the SWIRENEWS 20 2nd ISSUE 2014 FEATURE 21

The gift of education

Swire has a long history of supporting education, believing it to be the foundation stone of an enlightened society. In the early 1900s, Swire contributed to the establishment of the University of Hong Kong (“HKU”) – a connection that continues to this day. First built in the 1960s, Robert Black College (“RBC”) is just one of the university facilities the group has

helped to fund. In addition, a significant donation was made to RBC to Robert Black College was set up as an fund residential scholarships for graduate students. Scholarship recipients, academic college of residence for visiting known affectionately as Swire Scholars, are given accommodation at RBC overseas scholars and elite local for the duration of their studies. It is an arrangement that helps alleviate research students. Swire Scholars are costs but also provides a host of other benefits. given accommodation at the college for the duration of their studies. College Master Professor quiet calm makes it the Cheng Kai Ming explains perfect place to study or that RBC was set up as to unwind at the end of a an academic college of day of research. residence for visiting overseas academics Today the college and elite local research welcomes an eclectic students at the instigation group of visiting of then-Vice Chancellor academics. Every day Sir Lindsay Ride. The the residents gather for Professor Cheng Kai Ming, Master development itself is of Robert Black College a communal breakfast, situated at the very which Professor Cheng top of HKU’s Pokfulam campus and describes as a noteworthy affair. “You feels a million miles away from the might find yourself sitting with an city. Extended over the years, it was authority on zoos on one side and a originally designed by well-known Buddhist priest on the other – both architect Szeto Wai and incorporates eminent experts in their field,” he traditional Chinese architecture such observes. “That doesn’t happen in as tiled roofs and garden courtyards. Its many other places. It certainly makes for an interesting meal and our Swire Scholars never miss it.” SWIRENEWS 22 2nd ISSUE 2014 FEATURE 23

This unparalleled gathering of experts out in traditional dress. The scholars is a unique advantage offered by also host a monthly ambassador residence at RBC, opening up new programme, taking turns to present a worlds and providing valuable topic of interest. insights. Many scholars make contacts that prove to be invaluable in their Outside of HKU, the scholars also play careers and personal endeavours. “I’m an active role in the community at confident the scholars’ experience here large. “They make strong friendships and the relationships that they form and form a bond with Hong Kong,” will have a big impact,” says Professor the Professor says. “They leave a Cheng. positive impression of their own home countries and take a positive image of However, it is not all a one-way street. In our city back with them.” fact, scholarship recipients are chosen not only for their academic excellence This year, nine Swire Scholars are but also for their ability to contribute to residing in the college while they This summer Erick and 31 life at RBC and to the vibrancy of HKU pursue their studies. As always, it’s a volunteers from four of Hong Kong’s universities travelled in general. The Swire Scholars bring diverse bunch, hailing from Kenya, to Africa to visit the village in Homa Bay, Kenya, and the with them an international perspective India, Italy, Korea, Hong Kong and Mukono area on the outskirts and facilitate cultural exchange, with Mainland China, and studying a range of Kampala, Uganda. They helped refurbish classrooms the visiting academics, other students of disciplines. Professor Cheng speaks in primary schools, offered lessons in geography, physics and the wider community. fondly of all the scholars and of one in and history, as well as particular. Erick Komolo, from Kenya, provided other community services. Although busy, the Swire Scholars are is living at RBC while he studies for a very involved with life at RBC. “Both PhD in law. What makes Erick stand past and present scholars play an out is that he has chosen not only to active role in the college,” confirms embrace the opportunities afforded to Professor Cheng. There is a society for him, but also to pass them on in a very present and former scholars and every direct way. year recipients gather for Swire Night – an entertaining, multi-cultural evening Concerned about the lack of secondary during which scholars participate education for girls in his home country, eagerly in performances, some decked Erick set up the Uwezo Pamoja (meaning ‘together we can do it’) Trust. The Trust’s primary aim is to support ongoing education for girls SWIRENEWS 24 2nd ISSUE 2014 ARCHIVESFEATURE 25

in Erick’s village, Homa Bay, Kenya. a balance between serving local The inspiration behind the project communities and giving the volunteers has its roots in Erick’s childhood. “I the opportunity to learn Africa’s was brought up in a rural family of modern history,” explains Erick. 11 siblings,” he explains. “All my elder sisters dropped out of school. Later It has not been easy for Erick to juggle I noticed that only one of the 18 or both his community work and his so girls in my primary class went on studies but his passion has driven him to secondary school. The situation on. He believes the contacts he has bothered me and its implications for made and the support he has received the poverty cycle in rural Kenya are at HKU have made it all possible. “The evident.” Swire scholarship has been a great gift, both for my academic career and Erick used his HKU stipend along with general development. I hope it can be donations from friends and other Swire a great gift to others too.” Scholars to establish a scholarship that The Swire Scholars, both past and present, play an active role in the college. There is would fund secondary education for Many former Swire Scholars have gone a society for present and former scholars four bright girls from underprivileged on to achieve acclaim in their particular and every year recipients gather for Swire Night – an entertaining, multi-cultural families. “Two of them are graduating field of study. Professor Cheng is evening during which scholars participate in 2015 and it looks likely they will pass confident that Erick and his peers will eagerly in performances, some decked out in traditional dress. Other activities their exams and go on to university,” be no different, and is already looking include dinners with the RBC Management Committee and outings with senior Erick announces happily. forward to the next cohort of scholars management staff of the Swire group. and the unique contributions they will Wanting to provide more hands-on make to RBC. support and further raise awareness, Erick also launched a community To find out more about the Uwezo service project last year. This summer Pamoja Trust, visit he travelled to Africa, taking with him www.uwezopamojatrust.org a group of 31 volunteers from four of Hong Kong’s universities. Prior to the trip, the students had raised significant funds which allowed them to build a fully-furnished classroom and donate over 200 textbooks. “The overall objective of the programme is striking SWIRENEWS 26 2nd ISSUE 2014 FEATURE 27

Books for Love I Can Fly The Books for Love @ $10 Charity Sale, an Five hundred young people gathered annual event organised by Swire Properties, at Kowloon Park on 2nd August to attracted almost 15,000 book lovers to celebrate their graduation from the ArtisTree in TaiKoo Place between 23rd and Cathay Pacific “I Can Fly” Programme 26th April this year. More than 500 Swire 2014. Since 2003, “I Can Fly” has helped Properties Community Ambassadors and 3,700 local youngsters gain a deeper volunteers from the Boys’ and Girls’ Clubs understanding of the aviation industry Association of Hong Kong (“BGCA”) took part and the role they can play in the society in the charity campaign and their numbers through offering aviation trainings, included a group of retired social service projects and overseas and Taikoo Sugar staff who worked for Swire field trips. This year, the programme 20 to 30 years ago. The event successfully organised activities for 500 young found homes for more than 50,000 people from underprivileged families, as second-hand books and raised a total of part of Cathay Pacific’s support for the HK$465,328. All proceeds will go to BGCA Bless Hong Kong campaign launched to support child development projects. by the Commission on Poverty. Chief To nurture a love for reading amongst Secretary for Administration Carrie Lam children, the event this year also featured a Out and about and Cathay Pacific Chief Executive Ivan series of interactive storytelling and creative Chu attended the graduation ceremony workshops conducted by BGCA. and presented graduation certificates to students representatives to recognise their hard work. QR code sets world record On 28th April, 2,499 employees from Swire Good outlook Coca-Cola Beverages Zhengzhou, together On 14th June, volunteers from Swire with their family members, company Travel and staff from the Heep Hong suppliers, and teachers and students from Society’s Fanling Parents Resource Coca-Cola Hope School formed the world’s Centre took a group of children with largest human Quick Response (QR) code developmental challenges to visit a during the company’s employee day event. treetop cottage in a rural village in Tai Watched by officials from the Guinness Po. The children learned about different World Records Association, participants plants in the surrounding countryside held up umbrellas in red and white – Coca- and were also able to take in the Cola’s signature colours – to form the QR panoramic views from the cottage. The code which measured 51.3 metres by 48.8 event aimed to help the children to learn metres, successfully creating a world record. team-work and social skills, build their The message contained in the QR code was confidence, and help them to integrate the company’s “I Love My Home” tag-line, into society. promoting the message of caring for others in society. SWIRENEWS 28 2nd ISSUE 2014 ARCHIVES

Niki undergoing repairs after belly-flopping on Macau race course, February 1947. Precious cargo

John Swire & Sons’ archives A hundred official guests were waiting Kuala Lumpur, Kota Bharu and Penang, department recently acquired the log on the tarmac and passengers were before returning to Singapore for an book of Captain Stanley Victor Leslie, asked to remain on board during the immersion ceremony in the sea off an Australian pilot who joined Cathay brief ceremony. A flag and flower- Connaught Drive. Pacific Airways in 1946, after war service draped basket containing the urn was in New Guinea and the Pacific. An reverently handed down from the The poignant mission was just one interesting entry for 15th March 1948 floodlit Dakota, while a children’s of many intriguing events in Niki’s records that on that day, Vic Leslie took choir sang Gandhi’s favourite song, career with Cathay Pacific. The aircraft off from Mingladon Airport in Rangoon Raghupathi Raghava Rajaram (“Lovely inaugurated the airline’s shortest in one of the airline’s seven DC-3s – VR- harmony that would have done justice hop between Hong Kong and Macau HDA, also known as “Niki”. His route to Westminster Abbey” according to – on that occasion, executing an took him to Bangkok and then on to Vic Leslie). A motorcade carrying the embarrassing crash-landing on the race Singapore, where he made a night urn then slowly processed through course in front of a packed grandstand landing at Kallang Airport. Amongst his the streets, with The Straits Times of VIPs, after clipping her undercarriage passengers were two representatives reporting that members of the city on the sea wall. She also pioneered from the Government of India, en route state’s Indian community rushed from its longest-haul route to London – from New Delhi and escorting an urn their shops and houses to salute the a round-trip of 30 days, carrying 17 containing ashes from the funeral pyre relic of their hero. Gandhi’s ashes lay Chinese students bound for Gatwick in of the recently assassinated leader of in state for three days at the Victoria October 1946. Niki was Cathay Pacific’s the Indian independence movement, Memorial Hall, while daily prayers were second DC-3, after her more famous Mahatma Gandhi. offered by members of Singapore’s sister “Betsy”, and she was also the Hindu, Christian, Buddhist and Muslim airline’s last, remaining in the fleet until communities. They were then flown her eventual sale in 1961. on for three days of public homage in