MTR Corporation

Total Page:16

File Type:pdf, Size:1020Kb

MTR Corporation Offering Circular (a company incorporated on 26th April 2000 in Hong Kong with company number 714016) and MTR Corporation (C.I.) Limited (a company organised under the laws of the Cayman Islands on 30th October 2000) (Unconditionally and Irrevocably Guaranteed by MTR Corporation Limited) US$4,000,000,000 Debt Issuance Programme On 22nd December 1993, Mass Transit Railway Corporation (“MTRC”) entered into a US$1,000,000,000 Debt Issuance Programme (the “Programme”). The maximum aggregate nominal amount of Notes (as defined below) which may be outstanding under the Programme was increased to US$2,000,000,000 with effect from 1st June 1999, to US$3,000,000,000 with effect from 31st October 2006 and to US$4,000,000,000 with effect from 13th March 2013. On 30th June 2000 MTR Corporation Limited (“MTRCL” or “the Company”) replaced MTRC as the issuer of Notes under the Programme. All the assets and liabilities of MTRC vested in MTRCL and MTRCL has adopted all of the accounts of MTRC. MTR Corporation (C.I.) Limited (“MTR Cayman”) became an additional issuer of Notes under the Programme with effect from 9th April 2001 pursuant to an Amending and Restating Programme Agreement dated 9th April 2001 made between MTRCL, MTR Cayman and the Dealers named therein (MTRCL and MTR Cayman together being the “Issuers” and each an “Issuer”). This Offering Circular supersedes any previous prospectus, listing particulars or offering circular describing the Programme. Other than the US$600,000,000 2.500% Fixed Rate Notes due 2026 as set out in a pricing supplement dated 24th October 2016 that have already been agreed to be issued by MTR Cayman under the 2015 programme prior to the date of this Offering Circular, any other Notes issued under the Programme on or after the date of this Offering Circular are subject to the provisions described herein. This does not affect any Notes issued before the date of this Offering Circular. Under the Programme, MTRCL or MTR Cayman or any other entity that may be appointed as an additional issuer under the Programme, as the case may be, (the “relevant Issuer”) may from time to time issue Notes (the “Notes”) denominated in any currency agreed upon by the relevant Issuer and the relevant Dealer(s) (as defined herein). The Notes shall have maturities that are one month or greater (subject to such minimum or maximum maturity as may be allowed or required from time to time by the relevant central bank or equivalent body (however called) or any laws or regulations applicable to the relevant currency) and, subject as set out herein, the maximum aggregate principal amount of all Notes from time to time outstanding will not exceed US$4,000,000,000 (or its equivalent in other currencies). The payment of all amounts payable in respect of Notes to be issued by MTR Cayman or any other entity that may be appointed as an additional issuer under the Programme will be unconditionally and irrevocably guaranteed by MTRCL (the “Guarantor”). The Notes will be offered through one or more of the Dealers specified under the section headed “Summary” in this Offering Circular and any additional Dealers appointed under the Programme from time to time (each a “Dealer” and together the “Dealers”) on a continuing basis whether in respect of the Programme generally or a particular issue of Notes. Application will be made to The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) for the listing of the Programme by way of debt issues to professional investors (as defined in Chapter 37 of the Rules Governing the Listing of Securities on the Hong Kong Stock Exchange and in the Securities and Futures Ordinance (Cap.571) of Hong Kong) (together, ‘‘Professional Investors’’) only during the 12-month period from the date of this document on the Hong Kong Stock Exchange. This document is for distribution to Professional Investors only. Investors should not purchase the Notes in the primary or secondary markets unless they are Professional Investors and understand the risks involved. The Notes are only suitable for Professional Investors. The Hong Kong Stock Exchange has not reviewed the contents of this document, other than to ensure that the prescribed form disclaimer and responsibility statements, and a statement limiting distribution of this document to Professional Investors only have been reproduced in this document. Listing of the Programme and the Notes on the Hong Kong Stock Exchange is not to be taken as an indication of the commercial merits or credit quality of the Programme, the Notes or the Issuers, or MTRCL (in such capacity as the Guarantor) or quality of disclosure in this document. Hong Kong Exchanges and Clearing Limited and the Hong Kong Stock Exchange take no responsibility for the contents of this document, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this document. The Notes have not been and will not be registered under the US Securities Act of 1933, as amended (the “Securities Act”) or with any securities regulatory authority of any state or other jurisdiction of the United States, and may not be offered or sold within the United States or to, or for the account or benefit of, US persons unless the Notes are registered under the Securities Act or an exemption from the registration requirements of the Securities Act is available. Notice of the aggregate principal amount or interest (if any) payable in respect of the issue price of each Tranche (as defined herein) of Notes will be given in a pricing supplement (the “Pricing Supplement”) which, with respect to Notes to be listed on the Hong Kong Stock Exchange, will be delivered to the Hong Kong Stock Exchange on or before the date of issue of such Notes. Copies of each Pricing Supplement will be available from the specified office of each of the Paying Agents (as defined herein). The Programme provides that Notes may be listed on such other or further stock exchanges as may be agreed between the relevant Issuer and the relevant Dealer(s), and may also be unlisted. The relevant Pricing Supplement in respect of the issue of any Notes will specify whether or not such Notes will be listed on the Hong Kong Stock Exchange or any other stock exchange. Each Tranche of Notes with a maturity of more than 365 days will initially be represented by a temporary global note (each a “Temporary Global Note”), unless the applicable Pricing Supplement specifies otherwise, and each Tranche with a maturity of 365 days or less will initially be represented by a permanent global note (each a “Permanent Global Note” and together with the Temporary Global Notes, the “Global Notes”), unless the applicable Pricing Supplement specifies otherwise. Each Global Note will be deposited (a) in the case of a Tranche intended to be cleared through Euroclear Bank SA/NV (“Euroclear”) or Clearstream Banking, S.A. (“Clearstream”), on the issue date with a common depositary on behalf of Euroclear and Clearstream or (b) in the case of a Tranche intended to be cleared through CMU (as defined herein) or any other clearing system other than Euroclear or Clearstream or delivered outside a clearing system, as stipulated in the applicable Pricing Supplement. Interests in Temporary Global Notes will be exchangeable for interests in Permanent Global Notes or, if specified in the Pricing Supplement, for definitive Notes (“Definitive Notes”) in bearer or registered form. In the case of Notes in bearer form, such exchange will occur only after 40 days from the issue date upon certification as to non-US beneficial ownership. Interests in Permanent Global Notes will be exchangeable for Definitive Notes in bearer form (“Definitive Bearer Notes”) or for Definitive Notes in registered form (“Definitive Registered Notes”). As at the date of this Offering Circular, MTRCL and MTR Cayman’s debt ratings are (i) (P)Aa1 (for senior unsecured debt) and (P)P-1 (for short-term debt) by Moody’s Investors Service Hong Kong Limited (“Moody’s”); and (ii) AAA (for long term debt) and cnAAA (Greater China credit scale rating) by S&P Global Ratings (“S&P”). Notes issued under the Programme may be rated or unrated. When an issue of Notes is rated, its rating will not necessarily be the same as the rating applicable to the Programme and (where applicable) such rating will be specified in the relevant Pricing Supplement. A rating is not a recommendation to buy, sell or hold securities and may be subject to suspension, reduction or withdrawal at any time by the assigning rating agency. Prospective investors should have regard to the factors described under the section headed “Risk Factors” in this Offering Circular. This Offering Circular does not describe all of the risks of an investment in the Notes. Arranger J.P. Morgan Dealers ANZ Barclays BNP PARIBAS BofA Merrill Lynch Crédit Agricole CIB Citigroup Deutsche Bank Goldman Sachs (Asia) L.L.C. HSBC J.P. Morgan Mizuho Securities Morgan Stanley MUFG Nomura Standard Chartered Bank (Hong Kong) Limited UBS Westpac Banking Corporation 28th October 2016 IMPORTANT If you are in any doubt about this Offering Circular you should consult your stockbroker, bank manager, solicitor, certified public accountant or other professional adviser. This Offering Circular is to be read in conjunction with all the documents which are deemed to be incorporated herein by reference (see “Documents Incorporated by Reference”). The Offering Circular includes particulars given in compliance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited for the purpose of giving information with regard to the Issuers and the Guarantor.
Recommended publications
  • Beijing Subway Map
    Beijing Subway Map Ming Tombs North Changping Line Changping Xishankou 十三陵景区 昌平西山口 Changping Beishaowa 昌平 北邵洼 Changping Dongguan 昌平东关 Nanshao南邵 Daoxianghulu Yongfeng Shahe University Park Line 5 稻香湖路 永丰 沙河高教园 Bei'anhe Tiantongyuan North Nanfaxin Shimen Shunyi Line 16 北安河 Tundian Shahe沙河 天通苑北 南法信 石门 顺义 Wenyanglu Yongfeng South Fengbo 温阳路 屯佃 俸伯 Line 15 永丰南 Gonghuacheng Line 8 巩华城 Houshayu后沙峪 Xibeiwang西北旺 Yuzhilu Pingxifu Tiantongyuan 育知路 平西府 天通苑 Zhuxinzhuang Hualikan花梨坎 马连洼 朱辛庄 Malianwa Huilongguan Dongdajie Tiantongyuan South Life Science Park 回龙观东大街 China International Exhibition Center Huilongguan 天通苑南 Nongda'nanlu农大南路 生命科学园 Longze Line 13 Line 14 国展 龙泽 回龙观 Lishuiqiao Sunhe Huoying霍营 立水桥 Shan’gezhuang Terminal 2 Terminal 3 Xi’erqi西二旗 善各庄 孙河 T2航站楼 T3航站楼 Anheqiao North Line 4 Yuxin育新 Lishuiqiao South 安河桥北 Qinghe 立水桥南 Maquanying Beigongmen Yuanmingyuan Park Beiyuan Xiyuan 清河 Xixiaokou西小口 Beiyuanlu North 马泉营 北宫门 西苑 圆明园 South Gate of 北苑 Laiguangying来广营 Zhiwuyuan Shangdi Yongtaizhuang永泰庄 Forest Park 北苑路北 Cuigezhuang 植物园 上地 Lincuiqiao林萃桥 森林公园南门 Datunlu East Xiangshan East Gate of Peking University Qinghuadongluxikou Wangjing West Donghuqu东湖渠 崔各庄 香山 北京大学东门 清华东路西口 Anlilu安立路 大屯路东 Chapeng 望京西 Wan’an 茶棚 Western Suburban Line 万安 Zhongguancun Wudaokou Liudaokou Beishatan Olympic Green Guanzhuang Wangjing Wangjing East 中关村 五道口 六道口 北沙滩 奥林匹克公园 关庄 望京 望京东 Yiheyuanximen Line 15 Huixinxijie Beikou Olympic Sports Center 惠新西街北口 Futong阜通 颐和园西门 Haidian Huangzhuang Zhichunlu 奥体中心 Huixinxijie Nankou Shaoyaoju 海淀黄庄 知春路 惠新西街南口 芍药居 Beitucheng Wangjing South望京南 北土城
    [Show full text]
  • Legislative Council Brief -- Unusual Ground Settlement in Tseung Kwan O
    Ref. L/M(3) in WB(CR) 38/01/15(00) LEGISLATIVE COUNCIL BRIEF UNUSUAL GROUND SETTLEMENT IN TSEUNG KWAN O INTRODUCTION At the meeting of the Executive Council on 21 November 2000, the Council noted the investigation findings on the unusual ground settlement in Tseung Kwan O (TKO). BACKGROUND 2. Unusual ground settlement in the TKO reclamation was first reported in early 1999. A detailed investigation of the causes of the unusual settlement and its effect on existing buildings and other facilities has now been completed. 3. The extent of area affected by the unusual settlement, comprising mainly Tiu Keng Leng, TKO town centre, TKO Area 86 and the TKO Industrial Estate (TKOIE), is shown in Figure 1 at Annex A. The locations of existing residential buildings (in three zones) at the affected town centre are shown in Figure 2 at Annex B. MAGNITUDE OF SETTLEMENT AND LATEST STATUS 4. The magnitude of settlement varies in different areas. At Tiu Keng Leng and the part of town centre to the north of Tong Ming Street, the settlement was very small being in the range of only 70 to 80 mm measured since early 1999. Further south of the town centre between Tong Ming Street and Tong Tak Street, this settlement measured since early 1999 ranged from 150 to 270 mm. In other areas of TKO reclamation, including Area 86 and TKOIE, the settlement ranged from 50 to about 800 mm. 1 5. In almost all the areas, the highest rate of settlement (approximately 40 mm per month at the town centre and up to 160 mm per month for part of other areas) was recorded in the first six to nine months of 1999.
    [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]
  • Designated 7-11 Convenience Stores
    Store # Area Region in Eng Address in Eng 0001 HK Happy Valley G/F., Winner House,15 Wong Nei Chung Road, Happy Valley, HK 0009 HK Quarry Bay Shop 12-13, G/F., Blk C, Model Housing Est., 774 King's Road, HK 0028 KLN Mongkok G/F., Comfort Court, 19 Playing Field Rd., Kln 0036 KLN Jordan Shop A, G/F, TAL Building, 45-53 Austin Road, Kln 0077 KLN Kowloon City Shop A-D, G/F., Leung Ling House, 96 Nga Tsin Wai Rd, Kowloon City, Kln 0084 HK Wan Chai G6, G/F, Harbour Centre, 25 Harbour Rd., Wanchai, HK 0085 HK Sheung Wan G/F., Blk B, Hiller Comm Bldg., 89-91 Wing Lok St., HK 0094 HK Causeway Bay Shop 3, G/F, Professional Bldg., 19-23 Tung Lo Wan Road, HK 0102 KLN Jordan G/F, 11 Nanking Street, Kln 0119 KLN Jordan G/F, 48-50 Bowring Street, Kln 0132 KLN Mongkok Shop 16, G/F., 60-104 Soy Street, Concord Bldg., Kln 0150 HK Sheung Wan G01 Shun Tak Centre, 200 Connaught Rd C, HK-Macau Ferry Terminal, HK 0151 HK Wan Chai Shop 2, 20 Luard Road, Wanchai, HK 0153 HK Sheung Wan G/F., 88 High Street, HK 0226 KLN Jordan Shop A, G/F, Cheung King Mansion, 144 Austin Road, Kln 0253 KLN Tsim Sha Tsui East Shop 1, Lower G/F, Hilton Tower, 96 Granville Road, Tsimshatsui East, Kln 0273 HK Central G/F, 89 Caine Road, HK 0281 HK Wan Chai Shop A, G/F, 151 Lockhart Road, Wanchai, HK 0308 KLN Tsim Sha Tsui Shop 1 & 2, G/F, Hart Avenue Plaza, 5-9A Hart Avenue, TST, Kln 0323 HK Wan Chai Portion of shop A, B & C, G/F Sun Tao Bldg, 12-18 Morrison Hill Rd, HK 0325 HK Causeway Bay Shop C, G/F Pak Shing Bldg, 168-174 Tung Lo Wan Rd, Causeway Bay, HK 0327 KLN Tsim Sha Tsui Shop 7, G/F Star House, 3 Salisbury Road, TST, Kln 0328 HK Wan Chai Shop C, G/F, Siu Fung Building, 9-17 Tin Lok Lane, Wanchai, HK 0339 KLN Kowloon Bay G/F, Shop No.205-207, Phase II Amoy Plaza, 77 Ngau Tau Kok Road, Kln 0351 KLN Kwun Tong Shop 22, 23 & 23A, G/F, Laguna Plaza, Cha Kwo Ling Rd., Kwun Tong, Kln.
    [Show full text]
  • A Trip Purpose-Based Data-Driven Alighting Station Choice Model Using Transit Smart Card Data
    Hindawi Complexity Volume 2018, Article ID 3412070, 14 pages https://doi.org/10.1155/2018/3412070 Research Article A Trip Purpose-Based Data-Driven Alighting Station Choice Model Using Transit Smart Card Data Kai Lu ,1 Alireza Khani,2 and Baoming Han 1 1School of Traffic and Transportation, Beijing Jiaotong University, Beijing 100044, China 2Department of Civil, Environmental and Geo-Engineering, University of Minnesota, Minneapolis, MN 55455, USA Correspondence should be addressed to Kai Lu; [email protected] and Baoming Han; [email protected] Received 18 December 2017; Revised 2 June 2018; Accepted 15 July 2018; Published 28 August 2018 Academic Editor: Shuliang Wang Copyright © 2018 Kai Lu et al. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. Automatic fare collection (AFC) systems have been widely used all around the world which record rich data resources for researchers mining the passenger behavior and operation estimation. However, most transit systems are open systems for which only boarding information is recorded but the alighting information is missing. Because of the lack of trip information, validation of utility functions for passenger choices is difficult. To fill the research gaps, this study uses the AFC data from Beijing metro, which is a closed system and records both boarding information and alighting information. To estimate a more reasonable utility function for choice modeling, the study uses the trip chaining method to infer the actual destination of the trip. Based on the land use and passenger flow pattern, applying k-means clustering method, stations are classified into 7 categories.
    [Show full text]
  • A Research of Lived Experience on Commuting by Bus in Hong Kong
    A research of lived experience on commuting by bus in Hong Kong Lau Wai In, Debbie 1. Hong Kong and Transportation The people’s daily commute in Hong Kong mostly only takes half an hour to one hour. More than half of the Hong Kong people rely on public transportation for their trips on weekdays (Transport Department, 2011). According to the Transport Department, only around 14 percent of the households had private cars available for their uses. Public transportation shares a big part of daily life for most local people, ranging from children to the elderly. It connects every district of Hong Kong, making the local trips much more convenient. Apart from the heavy reliance on commuting, there is even a particular group of people who share their mania over public transport. In Hong Kong, there are terms called “bus plastic” (baa1 gaau1) and “train plastic” (tit3 gaau1), which commonly describe people who have an unusual and extreme interest in bus and MTR. It raises several questions in my mind. Why do Hong Kong people insist to take public transport in their everyday life? What does public transport mean to Hong Kong people? Are they just a machine or something far more complicated? Conventionally, passengers taking public transportation are seen as a passive subject comparing with walking and cycling, as there are fewer motions while being carried by the vehicles and lack of willingness to pursue their purposes (Scheldeman, 2011, p.129). This kind of perspective is rather applicable to me since I seldom enjoy my trips on public transport.
    [Show full text]
  • 10 Additional MTR Stations and Vending Machines for Distributing COVID-19 Specimen Collection Packs
    PR086/20 18 December 2020 10 Additional MTR Stations and Vending Machines for Distributing COVID-19 Specimen Collection Packs The MTR Corporation set up vending machines at ten MTR stations for the public to collect COVID-19 specimen collection packs on 7 December 2020 and the arrangement has been smooth so far. To provide greater convenience to the community, following communication with relevant government departments, the distribution of specimen collection packs will be extended to ten more stations tomorrow (19 December 2020), making the packs available at 20 MTR stations. The ten additional stations are Shau Kei Wan, Wan Chai, Sai Ying Pun, Ho Man Tin, Prince Edward, Kai Tak, Wu Kai Sha, Tsuen Wan West, Sheung Shui and Tung Chung stations. The Corporation will continue to install more vending machines and targets to have two machines in each of the 20 stations by early 2021. The supply of the specimen collection packs by government contractor will be at about 14,000 packs per day and the amount will be suitably adjusted based on actual demand. The MTR Mobile and MTR website will continue to provide updates on the supply at stations. (Please refer to the annex for details about the locations of the vending machines.) Members of the public can scan the QR codes near the vending machines for information about returning the specimen collected. Notices about the designated General Out-patience Clinics of the Hospital Authority or clinics of the Department of Health accepting specimen collected near the relevant stations will also be on display. Please refer to this government website for details about returning specimen collected: https://www.coronavirus.gov.hk/eng/early- testing.html MTR calls on members of the public collecting the packs to maintain social distance and personal hygiene.
    [Show full text]
  • Kowloon P P P
    Branch ATM District Branch / ATM Address Voice Navigation ATM Prince Edward Branch 774 Nathan Road, Kowloon P P P Fuk Tsun Street Branch 32-40 Fuk Tsun Street, Tai Kok Tsui, Kowloon P P P P 4-4A Humphrey's Avenue, Tsim Sha Tsui, Humphrey's Avenue Branch P P Kowloon Mong Kok (Silvercorp Int'l Tower) Shop B, 707-713 Nathan Road, Mong Kok, P P P P Branch Kowloon 1/F, Sino Cheer Plaza, 23-29 Jordan Road, Jordan Road Branch P P Kowloon Mong Kok Branch 589 Nathan Road, Mong Kok, Kowloon P P Prince Edward Road West (Mong Kok) 116-118 Prince Edward Road West, Mong P P Branch Kok, Kowloon 24-28 Carnarvon Road, Tsim Sha Tsui, Tsim Sha Tsui Branch P P Kowloon Shanghai Street (Prince Edward) 689-693 Shanghai Street, Mong Kok, Kowloon P P Branch 73-77 Tai Kok Tsui Road, Tai Kok Tsui, Tai Kok Tsui Branch P P P P Kowloon Shop 19-20, 2/F, China Hong Kong City, 33 China Hong Kong City Branch P P Canton Road, Tsim Sha Tsui , Kowloon Mong Kok Road Branch 50-52 Mong Kok Road, Mong Kok, Kowloon P P P Shop 133, 1/F, Olympian City 2, 18 Hoi Ting Olympian City Branch P P Road, Kowloon Apartments A-B on G/F & 1/F, Holly Mansion, Kimberley Road Branch P P P P 37 Kimberley Road, Tsim Sha Tsui, Kowloon. Shop 1003-1004, 1/F, Elements, 1 Austin Road Elements Branch P P P West, Kowloon Mong Kok (President Commercial 608 Nathan Road, Mong Kok, Kowloon P P P Centre) Branch Yau Ma Tei Branch 471 Nathan Road, Yau Ma Tei, Kowloon P P P Shop 3,LG/F,Hilton Towers,96 Granville Tsim Sha Tsui East Branch P P Road,Tsim Sha Tsui East, Kowloon Cameron Road Wealth Management 30
    [Show full text]
  • Hidden Cities: Reinventing the Non-Space Between Street and Subway
    University of Pennsylvania ScholarlyCommons Publicly Accessible Penn Dissertations 2018 Hidden Cities: Reinventing The Non-Space Between Street And Subway Jae Min Lee University of Pennsylvania, [email protected] Follow this and additional works at: https://repository.upenn.edu/edissertations Part of the Architecture Commons, and the Urban Studies and Planning Commons Recommended Citation Lee, Jae Min, "Hidden Cities: Reinventing The Non-Space Between Street And Subway" (2018). Publicly Accessible Penn Dissertations. 2984. https://repository.upenn.edu/edissertations/2984 This paper is posted at ScholarlyCommons. https://repository.upenn.edu/edissertations/2984 For more information, please contact [email protected]. Hidden Cities: Reinventing The Non-Space Between Street And Subway Abstract The connections leading to underground transit lines have not received the attention given to public spaces above ground. Considered to be merely infrastructure, the design and planning of these underground passageways has been dominated by engineering and capital investment principles, with little attention to place-making. This underground transportation area, often dismissed as “non-space,” is a by-product of high-density transit-oriented development, and becomes increasingly valuable and complex as cities become larger and denser. This dissertation explores the design of five of these hidden cities where there has been a serious effort to make them into desirable public spaces. Over thirty-two million urbanites navigate these underground labyrinths in New York City, Hong Kong, London, Moscow, and Paris every day. These in-between spaces have evolved from simple stairwells to networked corridors, to transit concourses, to transit malls, and to the financial engines for affordable public transit.
    [Show full text]
  • MTR Corporation Limited MTR Corporation
    Prospectus MTR Corporation Limited (a company incorporated on 26th April 2000 under the Companies Ordinance of Hong Kong with company number 714016) and MTR Corporation (C.I.) Limited (a company organised under the laws of the Cayman Islands on 30th October 2000) (Unconditionally and Irrevocably Guaranteed by MTR Corporation Limited) US$3,000,000,000 Debt Issuance Programme For the issue of Notes with maturities of between one month and 30 years On 22nd December 1993, Mass Transit Railway Corporation (‘‘MTRC’’) entered into a US$1,000,000,000 Debt Issuance Programme (the ‘‘Programme’’). The maximum aggregate nominal amount of Notes (as defined below) which may be outstanding under the Programme was increased to US$2,000,000,000 with effect from 1st June 1999 and to US$3,000,000,000 with effect from 31st October 2006. On 30th June 2000 MTR Corporation Limited (‘‘MTRCL’’ or ‘‘the Company’’) replaced MTRC as the issuer of Notes under the Programme. All the assets and liabilities of MTRC vested in MTRCL and MTRCL has adopted all of the accounts of MTRC. MTR Corporation (C.I.) Limited (‘‘MTR Cayman’’) became an additional issuer of Notes under the Programme with effect from 9th April 2001 pursuant to an Amending and Restating Programme Agreement dated 9th April 2001 made between MTRCL, MTR Cayman and the Dealers named therein (MTRCL and MTR Cayman together being the ‘‘Issuers’’ and each an ‘‘Issuer’’). This Prospectus supersedes any previous prospectus, listing particulars or offering circular describing the Programme. Any Notes issued under the Programme on or after the date of this Prospectus are issued subject to the provisions described herein.
    [Show full text]
  • Information Note Strategic Cavern Area No. 46 – Tung Chung South
    - 1 - CAVERN MASTER PLAN – INFORMATION NOTE STRATEGIC CAVERN AREA NO. 46 – TUNG CHUNG SOUTH This Information Note describes the characteristics, key development opportunities and constraints of Strategic Cavern Area No. 46 - Tung Chung South (the SCVA). It indicates the potential land uses suitable for cavern development within the area, but would not pre-empt other possible land uses put forward by the project proponents with justifications. It also denotes the extent of potential portal locations. The spatial context of the SCVA is illustrated in the Reference Drawing appended to this Information Note. Reference should be made to the Explanatory Statement of the Cavern Master Plan for its background and purposes, as well as the definition and delineation criteria of SCVAs. 1. Location Plan Information Note (SCVA46 – Tung Chung South) - 2 - 2. Strategic Cavern Area Details Outline Zoning Plan (OZP): Approved Tung Chung Town Centre Area OZP No. S/I-TCTC/22 Area: 106.6 ha Maximum elevation in the SCVA: +429 mPD Minimum elevation in the SCVA: +7 mPD 3. District Context Location The SCVA is located in the northern part of Lantau Island. It covers the hillside area of Pok To Yan to the south of Tung Chung. Lantau North (Extension) Country Park is to the east and south of the SCVA, Tung Chung New Town is to the north and northwest, the Hong Kong International Airport (HKIA), the Hong Kong-Zhuhai-Macao Bridge (HZMB) and Hong Kong Boundary Crossing Facilities (HKBCF) are to the further north. The SCVA is generally hilly with a maximum elevation of about +429 mPD.
    [Show full text]
  • MTR Corporation
    Prospectus MTR Corporation Limited ࠰ಥ᚛༩Ϟࠢʮ̡ (a company incorporated on 26th April 2000 under the Companies Ordinance of Hong Kong with company number 714016) and MTR Corporation (C.I.) Limited (a company organised under the laws of the Cayman Islands on 30th October 2000) (Unconditionally and Irrevocably Guaranteed by MTR Corporation Limited) US$3,000,000,000 Debt Issuance Programme For the issue of Notes with maturities of between one month and 30 years On 22nd December 1993, Mass Transit Railway Corporation (“MTRC”) entered into a US$1,000,000,000 Debt Issuance Programme (the “Programme”). The maximum aggregate nominal amount of Notes (as defined below) which may be outstanding under the Programme was increased to US$2,000,000,000 with effect from 1st June 1999 and to US$3,000,000,000 with effect from 31st October 2006. On 30th June 2000 MTR Corporation Limited (“MTRCL” or “the Company”) replaced MTRC as the issuer of Notes under the Programme. All the assets and liabilities of MTRC vested in MTRCL and MTRCL has adopted all of the accounts of MTRC. MTR Corporation (C.I.) Limited (“MTR Cayman”) became an additional issuer of Notes under the Programme with effect from 9th April 2001 pursuant to an Amending and Restating Programme Agreement dated 9th April 2001 made between MTRCL, MTR Cayman and the Dealers named therein (MTRCL and MTR Cayman together being the “Issuers” and each an “Issuer”). This Prospectus supersedes any previous prospectus, listing particulars or offering circular describing the Programme. Any Notes issued under the Programme on or after the date of this Prospectus are issued subject to the provisions described herein.
    [Show full text]