DOCSLIB.ORG

Annual Report the WHARF (HOLDINGS) LIMITED Stock Code: 4 CORPORATE PROFILE

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Report the WHARF (HOLDINGS) LIMITED Stock Code: 4 CORPORATE PROFILE 2015 Annual Report THE WHARF (HOLDINGS) LIMITED Stock Code: 4 CORPORATE PROFILE Founded in 1886, The Wharf (Holdings) Limited (Stock code: 4) is a premier company with HK$444 billion of total assets. Backed by a long standing mission of “Building for Tomorrow” and a proven execution track record, the Group has produced consistent and productive performance over the years. As one of only seven constituent stocks from the original Hang Seng Index of 50 years ago, Wharf is among the top local blue chips that are most actively traded and widely held. Over the past 10 years, earnings per share have doubled and dividends per share have increased by 138%, for a compound annual growth rate of 9%. The Group is active in Hong Kong and Mainland China with prime real estate as primary strategic focus. Site acquisition, development and marketing are its core competencies while mall development and retail management remain its strategic differentiation. The Group also owns an emerging hotel business under Wharf Hotels, valuable port assets under Modern Terminals, and Communications, Media & Entertainment assets in Hong Kong. Investment Properties (“IP”) in Hong Kong and China continues to grow over the years and has been a key growth driver for the Group. With a book value of HK$310 billion, it accounted for 76% of the Group’s core profit in 2015. Harbour City and Times Square are flagships in this portfolio. The former is a global landmark with international showcase effect for retailers and a regional landmark for shoppers. The latter, with its prominent 17-level mall design and expertly-managed trade mix, is among the most successful vertical malls globally. The portfolio also extends to the prime Central business district, the Peak and the new CBD2 in Kowloon East. In Central, recent acquisitions included the iconic Murray Building (for conversion into a unique urban chic hotel) in 2013, Crawford House in Queen’s Road Central in 2014 and the office tower and a prime shop in Wheelock House in Pedder Street subsequent to the year end. On the Peak, home to the ultimate in exclusive and exquisite residences, the portfolio displays a landmark collection of the most luxurious residences with a total attributable GFA of about 400,000 square feet. In Kowloon East, immense untapped potential is being unlocked with the exceptional “Kowloon East Waterfront Portfolio” which comprises Kowloon Godown and Wharf T&T Square, as well as parent company Wheelock’s One Bay East, all located in the new vibrant CBD2 and span a 500-metre coastline with a stunning Victoria Harbour view. China IP has started to bear fruit, with addition of a series of five IFSs. Phase one of Chengdu opened in early 2014 and the smaller Wuxi opened in late 2014. Chongqing is scheduled to open in 2017, followed by Changsha and Suzhou. Among them, Chengdu IFS and Changsha IFS are set to match Harbour City in scale and dominance to become landmarks. Times Outlet represents another product strategy with Chengdu having already established itself and Changsha to open soon. On China Development Properties (“DP”), attributable contracted sales in 2015 increased to a record RMB26 billion, 21% over 2014. Net order book at year-end increased to RMB25 billion (net of business tax). With a land bank of about 8.4 million square metres spanning 15 cities in the Mainland, the Group continues to be selective in land acquisition focusing on first-tier and top second-tier cities. Marco Polo currently operates 14 hotels in the Asia Pacific region, six of which owned by the Group. A solid pipeline of new hotels is set to expand Marco Polo’s portfolio in Asia Pacific over the next few years. The Group introduces an exclusive collection of “sophisticated urban chic” hotels under the luxury brand Niccolo, with the first one opening in Chengdu IFS in April 2015. Conversion of Murray Building in Central, Hong Kong, into a Niccolo hotel is scheduled for opening in 2017. “Building for Tomorrow” also extends to Wharf’s ”Business-in-Community” pursuit. In addition to the flagship school improvement programme “Project WeCan”, the Wharf Hong Kong Secondary School Art Competition and Wharf Architectural Design Internship have gained traction over the years. Backed by 1,000 staff volunteers, the Group has also supported a series of “Business-in-Community” initiatives benefitting different segments of society. The Group was named a constituent member of the “Hang Seng Corporate Sustainability Index” in 2015, an index that covers the top 30 corporate sustainability leaders in Hong Kong, in recognition of the Group’s sound performance in corporate social responsibility. CONTENTS 1 Corporate Profi le 4 Corporate Information 5 Group Business Structure 7 Chairman’s Statement 16 HARBOUR CITY 12 Financial Highlights 14 Business Review 24 TIMES SQUARE 64 Awards and Recognitions 68 Corporate Social Responsibility 32 PLAZA HOLLYWOOD 80 Financial Review 86 Corporate Governance Report 34 THE PEAK PORTFOLIO & 106 Directors’ Report OTHER HK PROPERTIES 123 Independent Auditor’s Report 124 Consolidated Income Statement 40 CHINA INVESTMENT 125 Consolidated Statement of PROPERTIES Comprehensive Income 126 Consolidated Statement of Financial Position 50 CHINA DEVELOPMENT 127 Consolidated Statement of Changes in Equity PROPERTIES 128 Consolidated Statement of Cash Flows 130 Notes to the Financial Statements 54 WHARF HOTELS 170 Principal Accounting Policies 183 Principal Subsidiaries, Associates and 58 MODERN TERMINALS Joint Ventures 188 Schedule of Principal Properties 62 COMMUNICATIONS, 198 Ten-year Financial Summary MEDIA & ENTERTAINMENT CORPORATE INFORMATION BOARD OF DIRECTORS Mr Stephen T H Ng, Chairman & Managing Director Mr Andrew O K Chow, Deputy Chairman Ms Doreen Y F Lee, Vice Chairman Mr Paul Y C Tsui, Vice Chairman & Group Chief Financial Officer Ms Y T Leng Mr K P Chan Independent Non-executive Directors Mr Alexander S K Au, OBE Professor Edward K Y Chen, GBS, CBE, JP Hon Vincent K Fang, SBS, JP Mr Hans Michael Jebsen, BBS Mr David M Turnbull Professor E K Yeoh, GBS, OBE, JP COMPANY SECRETARY Mr Kevin C Y Hui, FCCA, CPA AUDITORS KPMG, Certified Public Accountants PRINCIPAL BANKER The Hongkong and Shanghai Banking Corporation Limited REGISTRARS Tricor Tengis Limited Level 22, Hopewell Centre 183 Queen’s Road East Hong Kong REGISTERED OFFICE 16th Floor, Ocean Centre, Harbour City, Canton Road, Kowloon, Hong Kong Telephone: (852) 2118 8118 Fax: (852) 2118 8018 Website: www.wharfholdings.com 4 The Wharf (Holdings) Limited | Annual Report 2015 GROUP BUSINESS STRUCTURE Stephen Ng Chairman & MD Andrew Chow Doreen Lee Paul Tsui Deputy Chairman Vice Chairman Vice Chairman & Group CFO HOTELS, LOGISTICS, DEVELOPMENT INVESTMENT COMMUNICATIONS, PROPERTIES PROPERTIES MEDIA & (CHINA) (HK/CHINA) ENTERTAINMENT Wharf China Wharf Wharf Wharf Development Estates China Estates Hotels KP Chan Y T Leng Executive Director Executive Director The Wharf (Holdings) Limited | Annual Report 2015 5 In Building for Tomorrow, Wharf has achieved a few “firsts” in the past decades. That includes the first all- weather mall in Hong Kong (Ocean Terminal), the first and only mall with retail sales reaching 7% of Hong Kong retail sales (Harbour City), the first 17-storey vertical mall in Hong Kong (Times Square) and the first 40-storey industrial building in Hong Kong (CABLE TV Tower). Wharf has also been Building for Tomorrow in other sectors. That includes building and operating of the first cruise terminal in Hong Kong (Ocean Terminal), the first container terminal in Hong Kong (Modern Terminals), the first cross-harbour tunnel in Hong Kong (Hunghom Tunnel), the first electronic toll collection system in Hong Kong (Autopass), the first multi-channel Pay TV service in Hong Kong (CABLE TV), and the first 24-hour news channel in Cantonese in the world (i-CABLE News). CHAIRMAN'S STATEMENT CHAIRMAN'S STATEMENT It is my great honour to present my first statement to Shareholders as Chairman of Wharf. I wish to begin by expressing my sincerest gratitude to my predecessor, Hon Peter K C Woo. Mr Woo retired from the Board, after 37 years, at the AGM in May 2015. His leadership during these years has transformed the Company and taken it to the forefront among local companies. GENERAL ECONOMY 2015 was a tough year on all fronts for Hong Kong. The global economy had entered an era of low growth. Developed economies remained stagnant and emerging economies were slowing down. Interest rate hike in the U.S., currency instability, as well as the reform in transition in China further clouded the global economic outlook. China’s economy grew by 6.9% in 2015, its slackest pace in a quarter century, underlining a “new normal” of slower but high-quality growth for a more sustainable and environmentally friendly development. A structural transition towards services and consumption was making good headway as consumer spending contributed 66% of GDP growth, the biggest contribution since 2001. For the fi rst time, a booming services sector accounted for over half of the economy, climbing to 50.5%. In the property market, against the backdrop of a slowing economy, a string of easing measures stimulated buying activities. However, it would be prudent to plan on a slower-growth China as the substantial catch up phase of China’s development has concluded several years ago. In Hong Kong, the economy recorded a modest 2.4% growth rate in 2015. An increase in outbound travels by locals and a decrease in tourist arrivals, caused principally by a strong Hong Kong dollar, combined to cast a further shadow on the bumpy retail and hospitality sectors. The perceptions of an unwelcoming or even unsafe Hong Kong, which worried some travellers, have worsened the situation. As a result, total visitor arrivals decreased by 2.5% to 59.3 million and total retail sales dropped by 3.7% to HK$475.2 billion.
Load more

Recommended publications
  • The Wharf (Holdings) Limited Annual Report 2009
    The Wharf (Holdings) Limited Annual Report 2009 Stock Code: 4 On the Cover: Wheelock Square, 1717 Nanjing Xi Road, Shanghai Designed by Kohn Pedersen Fox, Wheelock Square features simple yet refined symmetrical lines combined with subtle elegance. It is among the tallest in Puxi upon completion in June 2010. Offering premium Grade A office of 1.2 million square feet GFA, the tower will feature top modern office specification and facilities rarely matched in the current market. Strategically situated in the heart of Jing’an District and overlooking Jing’an Park, Wheelock Square is located directly opposite Jing’an Temple Station for Metro lines 2 & 7, as well as within 5 minutes’ walk to Changshu Road Station for Metro line 1. Contents 40 002 Corporate Profile 003 Corporate Information 10 004 Group Business Structure 006 Chairman’s Statement 008 Financial Highlights 18 009 Managing Director’s Report Business Review 010 Harbour City 018 Times Square 024 China Properties 036 Modern Terminals 040 Other Businesses 044 Corporate Social Responsibility 052 Financial Review 36 059 Corporate Governance Report 065 Report of the Directors 076 Financial Information 077 Report of the Independent Auditor 078 Consolidated Income Statement 079 Consolidated Statement of Comprehensive Income 24 080 Consolidated Statement of Financial Position 082 Company Statement of Financial Position 083 Consolidated Statement of Changes in Equity 084 Consolidated Statement of Cash Flows 087 Notes to the Financial Statements 44 128 Principal Accounting Policies 144 Principal Subsidiaries, Associates and Jointly Controlled Entities 148 Schedule of Principal Properties 154 Ten-year Financial Summary The Wharf (Holdings) Limited Annual1 Report 2009 Corporate Profile For over a century since 1886, The Wharf (Holdings) Limited has enjoyed a distinguished history of Building for Tomorrow.
    [Show full text]
  • Large Scale Events
    4th Annual Singapore A great city must begin with the unmeasurable, must go through measurable means when it is being designed and in the end must be unmeasurable. 9th – 12 th March 2015 Louis Kahn Enhancing livability in today’s soaring metropolises by using vertical space more effectively to achieve sustainability through conceptual technology and integrated designs to encompass today’s changing world, its growing diversity and complexity Showcasing Presentations and Case Studies by Key Distinguished Speakers: Dato Dr. Ken Yeang Managing Director Rachdi Manal Founder Nayan B. Trivedi, P.E., M. ASCE Partner Ken Yeang Design International Ltd, UK OXO Architects, France Leslie E. Robertson Associates (LERA), US Hamzah & Yeang, Malaysia Marshall Strabala Founder and Design Partner 40-under-40 Superstar award - Building Design and North Hamzah Yeang Architectural and Engineering 2DEFINE Architecture, China Construction Magazine Company, China Andrew Low Principal Stephen Jones Regional Managing Principal, Asia Ahmad Abdelrazaq Sr. Executive Vice President: Head of Hassell, Australia Woods Bagot, Hong Kong Highrise & Complex Building Division Eddie Can Project Arhcitect Marlon Kobacker Principal Consultant - Buildings & Places Samsung C&T Corporation, South Korea Zaha Hadid, Hong Kong AECOM, Australia Stephen Pimbley Director Eddie Cassidy Design Principal Travis Soberg Principal Director, Sustainable Design SPARK, Singapore RMJM, China Goettsch Partners, US Nathalie de Vries Director Jason EJ Pomeroy Founder & Principal Craig Gibbons Global Head of Structural Engineering MVRDV, Netherlands Pomeroy Studio, Singapore Arup, Australia Michael Grove Principal Dominic Bettison Director Eric Corey Freed Architect & Founding Principal Sasaki Associates, US WilkinsonEyre.Architects, UK organicARCHITECT, US Mathieu Meur Managing Director Vincent Tse Managing Director of Buildings, China Region Simon Bee Global Design Director Meinhardt Façade Technology International, Singapore Herbert Lam Director of Buildings, China Region Benoy, Hong Kong Jonathan A.
    [Show full text]
  • Niccolo Suzhou Opens 1 April 2021 As the Beacon of the Future in China's
    For Immediate Release NICCOLO SUZHOU OPENS 1 APRIL 2021 AS THE BEACON OF THE FUTURE IN CHINA’S ‘VENICE OF THE EAST’ The Highly-Anticipated Niccolo Suzhou is the Fifth Iconic Landmark in China for Contemporary Chic Niccolo Hotels. 25 February 2021 (Suzhou, China) – Situated sky-high atop the magnificent new Suzhou International Finance Square (IFS) overlooking the city’s picturesque canals and Jinji lake, Niccolo Suzhou is set to become the most prestigious new luxury hotel address when it opens in April. The new Suzhou landmark towers majestically above the city - a shimmering glass tower shaped like a fish tail, which was designed as an auspicious tribute to the rivers and canals of the city known as “the Venice of the East”. It was designed by internationally-renowned architects Kohn Pederson Fox, whose other iconic global landmarks include Roppongi Hills in Tokyo, super towers Lotte World Tower in Seoul, Shanghai World Financial Centre and Hong Kong’s International Commerce Centre. Dubbed “The Beacon of the Future”, the new tower symbolises longevity and prosperity for Suzhou, now one of China’s top ten most affluent cities. Niccolo Suzhou, whose lobby soars 115 floors above the clouds, is its crowning glory, and the most hotly anticipated hotel to open in China this year. Taking inspiration from luxury fashion, Niccolo Hotels has been setting new benchmarks in contemporary chic lifestyles since the brand was formed in 2015. Niccolo Suzhou’s sister hotels in Changsha, Chengdu, Chongqing, and Hong Kong are recognised as epicentres of events and sophisticated occasions. Niccolo Suzhou Pre-Opening Office – Tower 1, Suzhou IFS, 409, Suzhou Avenue East, Suzhou Industrial Park, Suzhou, Jiangsu 215021, Chinaa niccolohotels.cn | niccolohotels.com 1 Each Niccolo hotel has quickly become the market leader in every city where it is located, transforming both the physical landscape and the cosmopolitan fabric of the city, and Niccolo Suzhou wlll be no exception.
    [Show full text]
  • Country Company Contact Phone/Fax E-Mail Website Products of Interest/Comments Nature of Business SUMMER FANCY FOOD SHOW BUYERS
    SUMMER FANCY FOOD SHOW BUYERS MISSION June 28 July 1, 2003 Products of Nature of Country Company Contact Phone/Fax E-mail Website Interest/Comments Business Bermuda Lindos Market Albert Charles (441) 236-5623 (441) [email protected] www.lindos.bm organic, pates, dips, deli meats Grocery store Dale 236-4055 France Lafayette Gourmet Nadia Gharbi (33) 140 23 52 46 (33) lafayette.gourmet@l Soft drinks, sodas, water, cereals, sweets, and and 142 80 15 67 (F) ibertysurf.fr confectionary, authentic US products, all Eric Bur (importer) Cesar Barrachin type of fast food and snack Germany St. Jozef Import/Export Heinrich (49)2327 9474 190 [email protected] www.stjozef.de California wines, biscuits and cakes and import/export with grocery Schurmeier (49) 2327 9474 40 sweets, spice and herbal sauces, other retail Hong Kong City Super Ltd Fenix Nathalie Poonis (852) 2956-2668 (852) nathalie@citysuper. www.citysuper.com. Gourmet supermarket Group Chen 2956 0336 com.hk hk Poland PHW Levant Aleksandra Zola- (48) 61 8425 940 (T) [email protected] www.levant.pl Canned fruits, vegetables, and dried Import/Export Tur (48) 61 8429 329 (F) fruits Singapore Indoguna (S) Pte Ltd Thomas Ng (65) 6755 0330 (T) thomas@indoguna. www.indoguna.com Retail, food service: Seafood, deli, & Fresh & Frozen (65) 6755 9522 (F) com.sg dairy products distribution Singapore Shin Chin Distributors Lim Teng Fuh (65)6298 9595 (T) (65) [email protected] Mayonnaise, canned soups and other Distribution Pte Ltd 6296 5885 (F) om.sg food products for mass market Singapore Auric Pacific Richard Wee (65) 6867 9100 (T) [email protected] supermarket and food services: productsFood Manufacturing, Marketing Pte Ltd Kheng Hin (65)6261 7678 (F) om.sg range Marketing, & Distribution UK GFT Retail Ltd.
    [Show full text]
  • 2021 Edition
    2021 Edition WIF 2021 book.indb 1 19/06/2020 16:29 Published by Profile Books Ltd 29 Cloth Fair London ec1a 7jq Published under exclusive licence from The Economist by Profile Books, 2020 Copyright © The Economist Newspaper Ltd, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020 Material researched by Andrea Burgess, Lisa Davies, Mark Doyle, Ian Emery, Conrad Heine, Carol Howard, Adam Meara, David McKelvey, Georgina McKelvey, Christopher Wilson, Pip Wroe All rights reserved. Without limiting the rights under copyright reserved above, no part of this publication may be reproduced, stored in or introduced into a retrieval system, or transmitted, in any form or by any means (electronic, mechanical, photocopying, recording or otherwise), without the prior written permission of both the copyright owner and the above publisher of this book. The greatest care has been taken in compiling this book. However, no responsibility can be accepted by the publishers or compilers for the accuracy of the information presented. Typeset in Econ Sans Condensed by MacGuru Ltd Printed and bound in Italy by L.E.G.O. Spa A CIP catalogue record for this book is available from the British Library ISBN 978 1 78816 497 9 WIF 2021 book.indb 2 19/06/2020 16:29 Contents 7 Introduction 8 Notes 11 Part I World rankings Geography and demographics 12 Countries: natural facts Countries: the largest Coastlines: the longest Mountains: the highest
    [Show full text]
  • Understanding the Beauty and Health Retailers in Hong Kong
    UNDERSTANDING THE BEAUTY AND HEALTH RETAILERS IN HONG KONG CONTENTS Overview of Distribution Channels Online Retailer in Hong Kong and Macau 04 1. Hong Kong Retailers’ Own Website 22 Brick-and-mortar Retail Stores in Hong Kong 2. E-commerce Platform in Hong Kong 23 1. Department Stores 06 3. Cross-border E-commerce Platform in China 23 2. Beauty Specialty Stores 10 3. Pharmacy Stores 13 Hong Kong Beauty and Health Trade Events 26 4. Supermarkets 14 Austrade Contacts 27 5. Multi-brand Shops 16 6. Health and Organic Stores 19 7. Australian Brand Stores 21 Disclaimer Copyright © Commonwealth of Australia 2019 This report has been prepared by the Commonwealth of Australia represented by the Australian Trade and Investment Commission (Austrade). The report is a general overview and is not intended to The material in this document is licensed under a Creative Commons provide exhaustive coverage of the topic. The information is made Attribution – 4.0 International licence, with the exception of: available on the understanding that the Commonwealth of Australia is • the Commonwealth Coat of Arms not providing professional advice. • the Australian Trade and Investment Commission’s logo While care has been taken to ensure the information in this report • any third party material is accurate, the Commonwealth does not accept any liability for any • any material protected by a trade mark loss arising from reliance on the information, or from any error or • any images and photographs. omission, in the report. More information on this CC BY licence is set out at the creative Any person relying on this information does so at their own risk.
    [Show full text]
  • Suzhou IFS Fact Sheet
    Suzhou IFS Fact Sheet This fact sheet was downloaded on Thursday September 30, 2021 from The Skyscraper Center. Please visit the CTBUH website for more on tall buildings. view building webpage Images Facts Official Name Suzhou IFS Former / Other Name Suzhou Supertower / The Wharf IFS, The Wharf Suzhou, Suzhou No image to display International Finance Square Type building Status completed Country City Suzhou Street Address Cuiyan Road Building Function hotel / office / serviced apartments Structural Material composite Proposed 2010 Start of Construction 2012 Completion 2019 Global Ranking #18 tallest building in the world Regional Ranking #14 tallest building in Asia (excluding the Middle East) National Ranking #10 tallest building in City Ranking #1 tallest building in Suzhou Companies Owner • Current Wharf China Estates Limited Developer Suzhou Gao Long Property Development Co., Ltd. Architects • Design Kohn Pedersen Fox Associates • Architect of Record East China Architectural Design & Research Institute; Wong Tung & Partners Structural Engineer East China Architectural Design & Research Institute MEP Engineers • Design Parsons Brinckerhoff Consultants Private Limited • Engineer of Record East China Architectural Design & Research Institute Project Manager Suzhou Gao Long Property Development Co., Ltd. Main Contractor China State Construction Engineering Corporation Other Consultants • Damping RWDI • Façade ALT Limited; Permasteelisa Group • Façade MaintenanceLerch Bates • Lighting Brandston Partnership, Inc. • Quantity
    [Show full text]
  • When Is the Best Time to Go to Hong Kong?
    Page 1 of 98 Chris’ Copyrights @ 2011 When Is The Best Time To Go To Hong Kong? Winter Season (December - March) is the most relaxing and comfortable time to go to Hong Kong but besides the weather, there's little else to do since the "Sale Season" occurs during Summer. There are some sales during Christmas & Chinese New Year but 90% of the clothes are for winter. Hong Kong can get very foggy during winter, as such, visit to the Peak is a hit-or-miss affair. A foggy bird's eye view of HK isn't really nice. Summer Season (May - October) is similar to Manila's weather, very hot but moving around in Hong Kong can get extra uncomfortable because of the high humidity which gives the "sticky" feeling. Hong Kong's rainy season also falls on their summer, July & August has the highest rainfall count and the typhoons also arrive in these months. The Sale / Shopping Festival is from the start of July to the start of September. If the sky is clear, the view from the Peak is great. Avoid going to Hong Kong when there are large-scale exhibitions or ongoing tournaments like the Hong Kong Sevens Rugby Tournament because hotel prices will be significantly higher. CUSTOMS & DUTY FREE ALLOWANCES & RESTRICTIONS • Currency - No restrictions • Tobacco - 19 cigarettes or 1 cigar or 25 grams of other manufactured tobacco • Liquor - 1 bottle of wine or spirits • Perfume - 60ml of perfume & 250 ml of eau de toilette • Cameras - No restrictions • Film - Reasonable for personal use • Gifts - Reasonable amount • Agricultural Items - Refer to consulate Note: • If arriving from Macau, duty-free imports for Macau residents are limited to half the above cigarette, cigar & tobacco allowance • Aircraft crew & passengers in direct transit via Hong Kong are limited to 20 cigarettes or 57 grams of pipe tobacco.
    [Show full text]
  • Title: Tall + Urban Innovation 2020: Dominant Trends Authors
    ctbuh.org/papers Title: Tall + Urban Innovation 2020: Dominant Trends Authors: Subjects: Urban Design Urban Infrastructure/Transport Keywords: Sustainability Urban Habitat Publication Date: 2020 Original Publication: CTBUH Journal 2020 Issue II Paper Type: 1. Book chapter/Part chapter 2. Journal paper 3. Conference proceeding 4. Unpublished conference paper 5. Magazine article 6. Unpublished © Council on Tall Buildings and Urban Habitat / CTBUH Special Report: Tall + Urban Innovation Tall + Urban Innovation 2020: Dominant Trends Abstract Providing a global overview of tall building development, design and construction, the CTBUH Awards Program and related Tall + Urban Innovation Conference annually survey projects, technologies, and approaches currently reshaping skylines and urban spaces. As much as skyscrapers are celebrated for their iconic presence on the skyline, the projects showcased here, all recipients of a CTBUH Award of Excellence in the 2020 program, attest to the growing investment the tall building industry has made in city-making. The singular focus on skyline presence and attribution to an individual architect or financial mastermind has served the mythology of the skyscraper well, but the reality is something altogether different. Keywords: Best Tall Buildings, CTBUH Awards, Innovation, Sustainability, Urban Habitat In this paper, innovations in the constituent Urban Allure dubbed the “Scorpion Tower” due to its disciplines that bring tall buildings to life, and exterior bracing that resembles an even extend their lives— architecture, New design-forward residential projects are arthropod, makes a splash on the residential construction, renovation, the engineering of cropping up on dense urban corners all over market with its futuristic façade. façades, fire & risk, geotechnical engineering, the world, some of them in neighborhoods interior space, MEP, and structural in major cities not typically known for their The striking silhouette of OMNITURM brings engineering—are all explored.
    [Show full text]
  • Chartered Secretaries American Express Credit Cards
    Chartered Secretaries American Express Credit Cards Chartered Secretaries American Express® Platinum Credit Card and Chartered Secretaries American Express®Gold Credit Card are two co-branded cards that have been created in collaboration with The Hong Kong Institute of Chartered Secretaries (HKICS) and have been specifically designed to recognise and benefit our members. As a Member/Graduate/Student of HKICS, you are cordially invited to become a Chartered Secretaries American Express Platinum or Gold Card Cardmember. This card provides a highly convenient way to pay for HKICS membership fees, CPD events and seminars, examination fees and other fees. Application forms Exclusive privileges Merchants List Application forms Chartered Secretaries American Express Platinum Credit Card application form Chartered Secretaries American Express Gold Credit Card application form Application with required documents should be sent to: American Express International Inc Attn: New Accounts GPO Box 11250 Hong Kong Note: 1. Terms and conditions apply to the above offers and privileges. Please visit www.americanexpress.com.hk to learn more. 2. The Chartered Secretaries American Express co-branded Card is a privilege from HKICS. All Credit Card applicationapprovals will be at the sole discretion of American Express International Inc 3. For any enquiries, please call 2277 1370 Back to top Exclusive privileges: Chartered Secretaries American Express® Platinum Credit Card Half annualfee waiver saving you HK$800 a year Generous welcome offers including HK$500 Lane Crawford or Esso Synergy Fuel Cash Voucher, plus 10X Membership Rewards points in the first 3 months, up to 300,000 points Up to HK$500 travel package discount coupon when you purchasing travel packages from Farrington American Express Travel Services Ltd.
    [Show full text]
  • Climate & Weather the Climate of China Is Extremely Diverse. Tropical
    CHINA - COUNTRY FACT SHEET GENERAL INFORMATION Climate & Weather The climate of China is Time Zone China Standard Time extremely diverse. Tropical (UTC+8). in the south to subarctic in the north. Language The official language of Currency Renminbi (RMB) (yuan) (¥) China is Mandarin. However, (CNY). there are over 400 local dialects. Religion Confucianism, Taoism and International + 86 Buddhism are the three Dialing Code major religions in China. Population 1,376,049,000 people Internet Domain cn, .中國[ .中国 Political System Unitary Parliamentary Emergency Police (Calling): 110 Republic. Numbers Police (Text message): 12110 First-aid Ambulance: 120 Fire: 119 Traffic Accidents: 122 SOS in Water: 12395 Electricity The China power grid Capital City Beijing (Chinese: 北京; operates at 220 volts and 50 pinyin: Beijing; postal: Hz (cycles per second). Peking). What documents Documents Required: Please confirm The Company finance team required to open 1. Passport how salaries are that you are working for a local Bank 2. Evidence of residence in paid? (eg monthly will transfer the money to Account? China directly into a the bank account online or Can this be done 3. First deposit varying Bank Account) by other method after you prior to arrival? from $ 100 to $ 500 provide your bank account 4. Residence permit and information to the company. (or) your visa with an official translation in Chinese might also be requested. 1 GENERAL INFORMATION Prior to arrival: No, you cannot set up a local bank account prior to arrival. The bank needs to check the information on the Passport and take a photo for record in the bank system.
    [Show full text]
  • Stores in Hong Kong
    Stores in Hong Kong Hong Kong, HKSAR, 2020 TASTING SPAIN STORES 193 Stores Contact: 193間分店 39609300 https://www.facebook.com/759StoreHK/759StoreHK [email protected] www.759store.com/ https://bit.ly/2DYAGZ3 Shop 1090, 1/F Elements, Kowloon Station Contact: Hong Kong 21968066 / 25390455 香港九龍站圓方地下1090號舖 Shop 203, 2/F Stanley Plaza, Ma Hang Estate, https://www.facebook.com/3hreesixtyhk/3hreesixtyhk 23 and 33 Carmel Road, Stanley, Hong Kong www.3hreesixtyhk.com 香港香港島赤柱赤柱廣場2樓201-203號 https://bit.ly/30SVRoh [email protected] Upon request Contact: 需提前預定 21267140 https://www.facebook.com/pages/category/Retail-Company/Anecoop-Asia-1665655433481131/Anecoop Asia [email protected] www.anecoop.com Three stores Contact: 3 間分店 2885 0331 https://www.facebook.com/apita.hongkongapita.hongkong www.apitaunyeshop.com.hk/ https://bit.ly/2XQBxSD 1 TASTING SPAIN STORES 41-47 Man Tai Street , Whampoa Estate , Contact: Hung Hom , Kowloon, Hong Kong 3160 8398 / 3160 8399 香港紅磡黃埔新村民泰街41-47號地下 https://www.facebook.com/b8shkb8shk Shop G7 , G/F., E Plaza Legend Tower, 7 Shing Yip Street , Kwun Tong , Kowloon, www.b8s.com.hk Hong Kong 香港觀塘成業街7號東廣場G7鋪 https://bit.ly/30W8MWJ [email protected] Four counters: Contact: City'Super - IFC Mall / 國際金融中心商場 97915384 City'Super - Times Square /時代廣場 City'Super - Harbour City / 海港城 https://www.facebook.com/BELLOTABELLOTA.HKBELLOTABELLOTA.HK City'Super - New Town Plaza / 新城市廣場 http://hk.bellota-bellota.com/ [email protected] https://bit.ly/2POeSln Online shopping Contact: 網上店鋪 63828318 https://www.facebook.com/bienjamonhkBienJamon
    [Show full text]