Wh Ar01e.Pdf

Total Page:16

File Type:pdf, Size:1020Kb

Wh Ar01e.Pdf TES LTD. www.tda.com.hk TES LTD. About the cover The Apple Countdown at Times Square on New Year’s Eve has become a Hong Kong landmark event since its debut in 1993. Every year, more than 50,000 people gathered at the complex to celebrate the arrival of the new year. DESIGN: THE DESIGN ASSOCIA CONTENTS 4 Corporate Information 6 Chairman’s Letter 12 Financial Highlights 14 Business Review Property China CME 48 Management Discussion and Analysis 52 Disclosure of Further Corporate Information 59 Report of the Directors 64 Report of the Auditors 65 Consolidated Profit and Loss Account 66 Consolidated Statement of Recognised Gains and Losses 67 Consolidated Balance Sheet 68 Company Balance Sheet 69 Consolidated Cash Flow Statement 73 Notes to the Accounts 108 Principal Subsidiaries and Associates 110 Schedule of Principal Properties 114 Ten-Year Financial Summary THE WHARF (HOLDINGS) LIMITED ANNUAL REPORT 2001 1 2 THE WHARF (HOLDINGS) LIMITED ANNUAL REPORT 2001 The Wharf (Holdings) Limited, founded in 1886, is strategically focused on Hong Kong and China. Driven by strong recurrent earnings and value creation opportunities originating from its flagship property at Kowloon Point, it is complemented by major investments in CME (communications, media and entertainment) and Logistics (container and sea/air terminals). Core brands including Harbour City, Times Square, i-CABLE Communications, Wharf New T&T and Modern Terminals make up 90 per cent of the Group’s business assets. Development of these core brands will steer the Group’s future investments in Hong Kong and China. THE WHARF (HOLDINGS) LIMITED ANNUAL REPORT 2001 3 CORPORATE INFORMATION Board of Directors Mr Peter K C Woo, GBS, JP, Chairman CME Mr Gonzaga W J Li, Senior Deputy Chairman (Communications, Media Mr Stephen T H Ng, Deputy Chairman & Managing Director and Entertainment) Mr Paul Y C Tsui, Executive Director Mr David J Lawrence, Executive Director Mr Robert H Burns* Mr Vincent Fang* Mr Hans M Jebsen, BBS* Mr Christopher P Langley, OBE* Wharf Communications Limited Mr Quinn Y K Law Mr K H Leung Stephen Ng Professor Arthur K C Li, GBS, JP* Chairman & Chief Executive Officer Mr Ian H Melrose Mr T Y Ng Mr James E Thompson* * Independent Non-executive Directors Secretary Mr Wilson W S Chan, FCIS Auditors KPMG Principal Banker The Hongkong and Shanghai Banking Corporation Limited Registrars Tengis Limited 4th Floor, Hutchison House, 10 Harcourt Road, Central, 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 2001 Peter Woo Chairman PROPERTY CHINA Wharf Estates Limited Wharf China Limited Gonzaga Li Chairman & Chief Executive Property Estate Estate Development Logistics Property Hotels Division Division Division David Lawrence Executive Director Wharf Estates Wharf Estates China Limited Limited Erik Doreen Lee K C Leung Michael Kalyk Director & Director & Christensen President General Manager General Manager Managing Director THE WHARF (HOLDINGS) LIMITED ANNUAL REPORT 2001 5 CHAIRMAN’S LETTER To our shareholders, I By optimizing and I The Group has taken from Creating Value redeveloping certain parts of start-up to fully established To understand the Wharf Harbour City, total square operations i-CABLE and Group, it is important to footage has grown by over 40 Wharf New T&T, which now understand its five core assets per cent since early 1980s to run Hong Kong’s leading and the Group’s ability to today’s 8.29 million square Pay-TV operator (licensed in create increasing value for its feet, more than triple the size 1993), quite possibly the shareholders over time. of a Manhattan midtown city world’s first profitable block. As a result, Harbour broadband operator (licensed These five core assets — City has critical mass in the in 2000) and Hong Kong’s Harbour City, Times Square, Tsimshatsui area and now fastest growing fixed telecom Modern Terminals, i-CABLE accounts for 50 per cent of the network operator (licensed in and Wharf New T&T — have Group’s business assets. 1995). Under the leadership of become firmly established Mr Stephen Ng and his team, brands in Hong Kong. Times I An old tram depot in all of these businesses are now Square and Modern Causeway Bay was redeveloped in profit and represent the Terminals are now building into today’s highly valuable Group’s newest growth engine. their names in China. Times Square. Accounting for almost 20 per cent of the I The Group’s container Over the past 20 years, the Wharf Group’s business assets, the terminal assets in Kwai Group has continually invested two-million-square-foot retail Chung managed to expand and reinvested in its property and and office complex is now the substantially from the initial logistics holdings and seized focal point within the popular 40 per cent interest in just one opportunities to enter the district of Causeway Bay. The berth to today’s controlling important new (at the time) field Times Square brand has now stake of 55.3 per cent in of communications, media and been successfully transferred to Modern Terminals, which will entertainment (CME). The China with major developments control seven berths after the value of the Group’s business operating in Beijing and completion of Container assets has grown by over 20 Shanghai and under Terminal 9. Under the times in the past two decades. construction in Chongqing. leadership of Mr Erik 6 THE WHARF (HOLDINGS) LIMITED ANNUAL REPORT 2001 Peter K C Woo THE WHARFChairman (HOLDINGS) LIMITED ANNUAL REPORT 2001 7 CHAIRMAN’S LETTER Christensen and his team, It is also particularly important income, an improvement of six Modern Terminals has over during uncertain times to have per cent over a year ago, not- the last five years increased a good proportion of earnings withstanding a soft property market share to 30.7 per cent from recurrent revenue. This is market. from 21.6 per cent and essential to support investment improved productivity by needs for longer-term growth I Nelson Court on Waterloo almost 100 per cent. and to pay dividends to Road and Sorrento Phase I at shareholders. Over the past the MTR’s Kowloon Station The Group’s core assets have eight years, recurrent earnings sold very well in 2001. consistently underpinned our streams have grown stronger. journey through the ups and As a result, even during the I i-CABLE’s net profit downs of the various economic very challenging situation that increased by 735 per cent peaks and troughs. As they emerged in 2001, the Wharf to $167 million. Wharf account for about 90 per cent Group performed well. New T&T broke into net of Wharf’s business assets, we profitability with just six per intend to report on them more Corporate Results cent market share and a 34 per thoroughly. For the very challenging year cent increase in revenue. that ended December 31, 2001, Good management is key Group profit attributable to I Modern Terminals’ to maintaining a track record shareholders was $2,519 profitability was maintained of value creation, just as a million, an increase of one per at the 2000 level with an simple Group structure helps cent. Earnings per share were increased throughput of achieve higher corporate $1.03 compared with $1.02 for 4.7 per cent over a year ago efficiency. Disposal of the the preceding year, an increase and productivity gains of Group’s interest in Beauforte of one per cent. almost 12 per cent. Investors Corporation Limited in October 2000 and its I Core properties Harbour An interim dividend of 28 cents stake in The Cross-Harbour City and Times Square, with per share was paid in November (Holdings) Limited in high occupancy rates, 2001 and your Directors March 2001 was consistent contributed an aggregated recommend a final dividend of with this policy. $3 billion in rental 50 cents per share to be 8 THE WHARF (HOLDINGS) LIMITED ANNUAL REPORT 2001 approved at the forthcoming outstanding colleague and fiscal year, the Group has made Annual General Meeting. a great team player. As a a number of management good friend and colleague, I changes, Mr Gonzaga Li will With high liquidity in the wish him all the best with his focus on the Group’s growing banking sector during 2001, future pursuits. China activities. Mr David the Group continued to Lawrence is taking charge of refinance its loan facilities with A team approach and the our Hong Kong property remarkably lower spreads and dedication of Group development activities. Under more favourable terms. management and staff have their leadership, we expect been the important basic these key operations to Board and Management ingredients for the Group’s continue to strengthen. As a special note, I would like long-term success, particularly to thank Mr Gonzaga Li for during challenging times. On Mr Erik Christensen and his his able stewardship as behalf of our shareholders and team will continue their re- Chairman during the past my fellow board members, engineering efforts to further eight years, when much of our I would like to record my improve Modern Terminals’ value creation took place. I am heartfelt thanks to them all. productivity to maintain pleased that he will continue as competitiveness while seeking the Group’s Senior Deputy Furthermore, I would like to new expansion opportunities. Chairman and will lead our welcome Messrs Christopher China operations as Chairman Langley, Hans Michael Jebsen, Under Mr Stephen Ng, the and Chief Executive of Wharf James Thompson and Professor digitisation programme at China Limited. Arthur Li Kwok Cheung on CABLE TV will increase their joining our Group’s penetration and yield to I would also like to thank main board as Non-executive enhance bottom line benefits, Mr John Terence Hung, who Directors.
Recommended publications
  • Changing Political Economy of the Hong Kong Media
    China Perspectives 2018/3 | 2018 Twenty Years After: Hong Kong's Changes and Challenges under China's Rule Changing Political Economy of the Hong Kong Media Francis L. F. Lee Electronic version URL: https://journals.openedition.org/chinaperspectives/8009 DOI: 10.4000/chinaperspectives.8009 ISSN: 1996-4617 Publisher Centre d'étude français sur la Chine contemporaine Printed version Date of publication: 1 September 2018 Number of pages: 9-18 ISSN: 2070-3449 Electronic reference Francis L. F. Lee, “Changing Political Economy of the Hong Kong Media”, China Perspectives [Online], 2018/3 | 2018, Online since 01 September 2018, connection on 21 September 2021. URL: http:// journals.openedition.org/chinaperspectives/8009 ; DOI: https://doi.org/10.4000/chinaperspectives. 8009 © All rights reserved Special feature China perspectives Changing Political Economy of the Hong Kong Media FRANCIS L. F. LEE ABSTRACT: Most observers argued that press freedom in Hong Kong has been declining continually over the past 15 years. This article examines the problem of press freedom from the perspective of the political economy of the media. According to conventional understanding, the Chinese government has exerted indirect influence over the Hong Kong media through co-opting media owners, most of whom were entrepreneurs with ample business interests in the mainland. At the same time, there were internal tensions within the political economic system. The latter opened up a space of resistance for media practitioners and thus helped the media system as a whole to maintain a degree of relative autonomy from the power centre. However, into the 2010s, the media landscape has undergone several significant changes, especially the worsening media business environment and the growth of digital media technologies.
    [Show full text]
  • Hong Kong SAR
    China Data Supplement November 2006 J People’s Republic of China J Hong Kong SAR J Macau SAR J Taiwan ISSN 0943-7533 China aktuell Data Supplement – PRC, Hong Kong SAR, Macau SAR, Taiwan 1 Contents The Main National Leadership of the PRC 2 LIU Jen-Kai The Main Provincial Leadership of the PRC 30 LIU Jen-Kai Data on Changes in PRC Main Leadership 37 LIU Jen-Kai PRC Agreements with Foreign Countries 47 LIU Jen-Kai PRC Laws and Regulations 50 LIU Jen-Kai Hong Kong SAR 54 Political, Social and Economic Data LIU Jen-Kai Macau SAR 61 Political, Social and Economic Data LIU Jen-Kai Taiwan 65 Political, Social and Economic Data LIU Jen-Kai ISSN 0943-7533 All information given here is derived from generally accessible sources. Publisher/Distributor: GIGA Institute of Asian Affairs Rothenbaumchaussee 32 20148 Hamburg Germany Phone: +49 (0 40) 42 88 74-0 Fax: +49 (040) 4107945 2 November 2006 The Main National Leadership of the PRC LIU Jen-Kai Abbreviations and Explanatory Notes CCP CC Chinese Communist Party Central Committee CCa Central Committee, alternate member CCm Central Committee, member CCSm Central Committee Secretariat, member PBa Politburo, alternate member PBm Politburo, member Cdr. Commander Chp. Chairperson CPPCC Chinese People’s Political Consultative Conference CYL Communist Youth League Dep. P.C. Deputy Political Commissar Dir. Director exec. executive f female Gen.Man. General Manager Gen.Sec. General Secretary Hon.Chp. Honorary Chairperson H.V.-Chp. Honorary Vice-Chairperson MPC Municipal People’s Congress NPC National People’s Congress PCC Political Consultative Conference PLA People’s Liberation Army Pol.Com.
    [Show full text]
  • Hong Kong's Endgame and the Rule of Law (Ii): the Battle Over "The People" and the Business Community in the Transition to Chinese Rule
    HONG KONG'S ENDGAME AND THE RULE OF LAW (II): THE BATTLE OVER "THE PEOPLE" AND THE BUSINESS COMMUNITY IN THE TRANSITION TO CHINESE RULE JACQUES DELISLE* & KEVIN P. LANE- 1. INTRODUCTION Transitional Hong Kong's endgame formally came to a close with the territory's reversion to Chinese rule on July 1, 1997. How- ever, a legal and institutional order and a "rule of law" for Chi- nese-ruled Hong Kong remain works in progress. They will surely bear the mark of the conflicts that dominated the final years pre- ceding Hong Kong's legal transition from British colony to Chinese Special Administrative Region ("S.A.R."). Those endgame conflicts reflected a struggle among adherents to rival conceptions of a rule of law and a set of laws and institutions that would be adequate and acceptable for Hong Kong. They unfolded in large part through battles over the attitudes and allegiance of "the Hong Kong people" and Hong Kong's business community. Hong Kong's Endgame and the Rule of Law (I): The Struggle over Institutions and Values in the Transition to Chinese Rule ("Endgame I") focused on the first aspect of this story. It examined the political struggle among members of two coherent, but not monolithic, camps, each bound together by a distinct vision of law and sover- t Special Series Reprint: Originally printed in 18 U. Pa. J. Int'l Econ. L. 811 (1997). Assistant Professor, University of Pennsylvania Law School. This Article is the second part of a two-part series. The first part appeared as Hong Kong's End- game and the Rule of Law (I): The Struggle over Institutions and Values in the Transition to Chinese Rule, 18 U.
    [Show full text]
  • Changing Political Economy of the Hong Kong Media
    Special feature China perspectives Changing Political Economy of the Hong Kong Media FRANCIS L. F. LEE ABSTRACT: Most observers argued that press freedom in Hong Kong has been declining continually over the past 15 years. This article examines the problem of press freedom from the perspective of the political economy of the media. According to conventional understanding, the Chinese government has exerted indirect influence over the Hong Kong media through co-opting media owners, most of whom were entrepreneurs with ample business interests in the mainland. At the same time, there were internal tensions within the political economic system. The latter opened up a space of resistance for media practitioners and thus helped the media system as a whole to maintain a degree of relative autonomy from the power centre. However, into the 2010s, the media landscape has undergone several significant changes, especially the worsening media business environment and the growth of digital media technologies. These changes have affected the cost-benefit calculations of media ownership and led to the entrance of Chinese capital into the Hong Kong media scene. The digital media arena is also facing the challenge of intrusion by the state. KEYWORDS: press freedom, political economy, self-censorship, digital media, media business, Hong Kong. wo decades after the handover, many observers, academics, and jour- part follows past scholarship to outline the ownership structure of the Hong nalists would agree that press freedom in Hong Kong has declined over Kong media system, while noting how several counteracting forces have Ttime. The titles of the annual reports by the Hong Kong Journalists As- prevented the media from succumbing totally to political power.
    [Show full text]
  • Happy Anniversary, Polyu
    COVERCOVER STORY STORY Happy anniversary, PolyU Ready for the lighting ceremony: (from left) Prof. Poon, Mr Sung, Mr Leung, Sir Gordon, Sir Sze-yuen, Dr Woo and Mr Tung. The celebrations have just begun he year 2002 marks the 65th anniversary of The Hong Kong Polytechnic University. In launching a series of celebratory activities on this occasion, the University is both T commemorating the past achievements and contributions of the Institution and at the same time pledging its commitment to the future. The anniversary celebrations kicked off with the switching on of a glittering anniversary logo on 15 March. The ceremony was performed by distinguished alumnus and officiating guest Mr Leung Chun-ying, Convenor of the SAR’s Executive Council; Dr Sir Gordon Wu Ying-sheung, PolyU Council Chairman; Prof. Poon Chung-kwong, PolyU President; the guests of honour, comprising former Council Chairmen Sir Sze-yuen Chung and Dr Peter Woo Kwong-ching; former Principal of the Hong Kong Technical College Mr Sung Sing-zak; and PolyU Court Chairman Mr Tung Chee-chen. It was a warm and memorable gathering, which drew together more than 300 good friends and close associates of the University, old and new, to the University campus. Together with PolyU staff and students, they viewed a video capturing the major developments in the history of PolyU. 2 PROFILE APRIL 2002 COVERCOVER STORY STORY Right: Mr Leung rekindles the fond memories of his days as a student at the Poly. Left and below: Former Council Chairmen Sir Sze-yuen and Dr Woo receive special souvenirs from Sir Gordon.
    [Show full text]
  • Journal of Current Chinese Affairs
    China Data Supplement October 2006 J People’s Republic of China J Hong Kong SAR J Macau SAR J Taiwan ISSN 0943-7533 China aktuell Data Supplement – PRC, Hong Kong SAR, Macau SAR, Taiwan 1 Contents The Main National Leadership of the PRC 2 LIU Jen-Kai The Main Provincial Leadership of the PRC 30 LIU Jen-Kai Data on Changes in PRC Main Leadership 37 LIU Jen-Kai PRC Agreements with Foreign Countries 44 LIU Jen-Kai PRC Laws and Regulations 48 LIU Jen-Kai Hong Kong SAR 49 Political, Social and Economic Data LIU Jen-Kai Macau SAR 56 Political, Social and Economic Data LIU Jen-Kai Taiwan 60 Political, Social and Economic Data LIU Jen-Kai ISSN 0943-7533 All information given here is derived from generally accessible sources. Publisher/Distributor: GIGA Institute of Asian Affairs Rothenbaumchaussee 32 20148 Hamburg Germany Phone: +49 (0 40) 42 88 74-0 Fax: +49 (040) 4107945 2 October 2006 The Main National Leadership of the PRC LIU Jen-Kai Abbreviations and Explanatory Notes CCP CC Chinese Communist Party Central Committee CCa Central Committee, alternate member CCm Central Committee, member CCSm Central Committee Secretariat, member PBa Politburo, alternate member PBm Politburo, member Cdr. Commander Chp. Chairperson CPPCC Chinese People’s Political Consultative Conference CYL Communist Youth League Dep. P.C. Deputy Political Commissar Dir. Director exec. executive f female Gen.Man. General Manager Gen.Sec. General Secretary Hon.Chp. Honorary Chairperson H.V.-Chp. Honorary Vice-Chairperson MPC Municipal People’s Congress NPC National People’s Congress PCC Political Consultative Conference PLA People’s Liberation Army Pol.Com.
    [Show full text]
  • The Wharf (Holdings) Limited ANNUAL REPORT 2013
    THE WHARF ( HOLDINGS ) LIMITED www.wharfholdings.com ANNUAL REPORT 2013 REPORT ANNUAL The Wharf (Holdings) Limited ANNUAL REPORT 2013 Stock Code: 4 With the opening of Chengdu IFS, Wharf has built another Harbour City in Chengdu. Strategically located at the intersection of three major commercial roads – Hongxing Road, Dacisi Road and Jiangnanguan Street, the 210,000-square-metre retail landmark also marked the maiden anchor of 100 world’s most coveted brands. Corporate Profile Backed by a long standing mission of ”Building for Tomorrow” and a distinguished track record, the Group has produced consistent and quality growth over the years. Wharf is among the top local blue chip stocks that are most actively traded, signalling high liquidity and attractiveness for investors. In addition, through years of value creation and new investment, the Group’s investment properties (“IP”) portfolio, with a book value of HK$261 billion as at the end of 2013, has grown to rank among the top five publicly-held portfolios in the world. It represented 70% of the Group’s total operating profit. With prime real estate as the Group’s primary strategic focus, site acquisition, financing, development planning, design, construction and marketing are its core competencies. Mall development and retail management remain its strategic differentiation. With its leadership in retail management, the Group continued to maintain its pole position in the Hong Kong retail market. Harbour City and Times Square, the Group’s landmark properties, had a combined value of HK$192 billion at the end of 2013, up from HK$177 billion in 2012, and represented 49% of the Group’s business assets.
    [Show full text]
  • 香港特別行政區排名名單 the Precedence List of the Hong Kong Special Administrative Region
    二零二一年九月 September 2021 香港特別行政區排名名單 THE PRECEDENCE LIST OF THE HONG KONG SPECIAL ADMINISTRATIVE REGION 1. 行政長官 林鄭月娥女士,大紫荊勳賢,GBS The Chief Executive The Hon Mrs Carrie LAM CHENG Yuet-ngor, GBM, GBS 2. 終審法院首席法官 張舉能首席法官,大紫荊勳賢 The Chief Justice of the Court of Final The Hon Andrew CHEUNG Kui-nung, Appeal GBM 3. 香港特別行政區前任行政長官(見註一) Former Chief Executives of the HKSAR (See Note 1) 董建華先生,大紫荊勳賢 The Hon TUNG Chee Hwa, GBM 曾蔭權先生,大紫荊勳賢 The Hon Donald TSANG, GBM 梁振英先生,大紫荊勳賢,GBS, JP The Hon C Y LEUNG, GBM, GBS, JP 4. 政務司司長 李家超先生,SBS, PDSM, JP The Chief Secretary for Administration The Hon John LEE Ka-chiu, SBS, PDSM, JP 5. 財政司司長 陳茂波先生,大紫荊勳賢,GBS, MH, JP The Financial Secretary The Hon Paul CHAN Mo-po, GBM, GBS, MH, JP 6. 律政司司長 鄭若驊女士,大紫荊勳賢,GBS, SC, JP The Secretary for Justice The Hon Teresa CHENG Yeuk-wah, GBM, GBS, SC, JP 7. 立法會主席 梁君彥議員,大紫荊勳賢,GBS, JP The President of the Legislative Council The Hon Andrew LEUNG Kwan-yuen, GBM, GBS, JP - 2 - 行政會議非官守議員召集人 陳智思議員,大紫荊勳賢,GBS, JP The Convenor of the Non-official The Hon Bernard Charnwut CHAN, Members of the Executive Council GBM, GBS, JP 其他行政會議成員 Other Members of the Executive Council 史美倫議員,大紫荊勳賢,GBS, JP The Hon Mrs Laura CHA SHIH May-lung, GBM, GBS, JP 李國章議員,大紫荊勳賢,GBS, JP Prof the Hon Arthur LI Kwok-cheung, GBM, GBS, JP 周松崗議員,大紫荊勳賢,GBS, JP The Hon CHOW Chung-kong, GBM, GBS, JP 羅范椒芬議員,大紫荊勳賢,GBS, JP The Hon Mrs Fanny LAW FAN Chiu-fun, GBM, GBS, JP 黃錦星議員,GBS, JP 環境局局長 The Hon WONG Kam-sing, GBS, JP Secretary for the Environment # 林健鋒議員,GBS, JP The Hon Jeffrey LAM Kin-fung, GBS, JP 葉國謙議員,大紫荊勳賢,GBS, JP The Hon
    [Show full text]
  • Monthly Report HK
    1 August 2004 in Hong Kong 01.09.2004 / No 8 A condensed press review prepared by the Consulate General of Switzerland in Hong Kong Introduction The second legislative Council (Legco) of the Hong Kong Special Administrative Region ended its four year term on July 13. HK’s 3rd post-1997 Legco elections will be an important milestone for HK and Mainland China. As HK becomes more politically aware, Legco is also growing in prominence as a forum in which the city’s most important issues are debated. Therefore during the month of August, all eyes were set on the September 12 poll. On the economic level, the government announced the end to 68 months of deflation as another sign of recovery and economic landmark. Macau Chief Executive Edmund Ho Hau-wah was re-elected for a second term. Domestic Politics August 1st parade : On the occasion of its 77th anniversary, the People’s Liberation’s Army (PLA) in HK staged its first-ever parade; 3000 troops were greeted by 27 000 people at the Sek kong barracks. This was the first time that such a parade had been held outside the capital. The event also marked the first time all lawmakers, including democrats, had been invited to an official mainland government function. In a speech, Lieutenant-General Governor Wang Jitang, commander of the HK Garrison, said that troops were displaying „ our immense power and determination to maintain HK’s prosperity and stability“. For some observers putting the PLA in the limelight in this campaign season for the Legco elections was a patriotic message aiming at boosting support for Pro-Beijing allies.
    [Show full text]
  • | Disclosure of Further Corporate Information |
    Wheelock and Company Limited | DISCLOSURE OF FURTHER CORPORATE INFORMATION | Set out below is information disclosed pursuant to the Rules Governing the Listing of Securities (the “Listing Rules”) on The Stock Exchange of Hong Kong Limited (the “Stock Exchange”): (A) BIOGRAPHICAL DETAILS OF DIRECTORS AND SENIOR MANAGERS (I) Directors Mr. Peter K. C. Woo, GBS, JP, Chairman (Age: 56) Mr. Woo has resumed the role of Chairman since 2002 after having formerly served as Chairman of the Company from 1986 to 1996. He is also the chairman of The Wharf (Holdings) Limited (“Wharf”). Mr. Woo was appointed a Justice of the Peace in 1993 and awarded the Gold Bauhinia Star in 1998 by the Hong Kong SAR Government. He has for many years been actively engaged in community and related services, both locally and in the international arena, and has held various Government appointments. He has been the Government-appointed chairman of the Hong Kong Trade Development Council since October 2000 and had served as the chairman of Hospital Authority from 1995 to 2000 and the council chairman of Hong Kong Polytechnic University from 1993 to 1997. He is currently the chairman of the Hong Kong Environment and Conservation Fund Committee set up in 1994 which he co-funded with the Government. He also served as a deputy chairman in 1991 to Prince of Wales Business Leaders Forum, as a member of the International Advisory Council of J.P. Morgan Chase & Co., National Westminster Bank, Banca Nazionale del Lavoro, Elf Aquitaine of France and General Electric of America. He has received Honorary Doctorates from various universities in the USA, Australia and Hong Kong.
    [Show full text]
  • Friends Newsletter
    Friends Newsletter Friends of the Art Museum, the Chinese University of Hong Kong Annual Newsletter 2020 Inside this issue P2 Friends Executive Board P3 Message from the Chair Front Cover: P4 Volunteers, Sponsors and other chapters Pandan and Tray with Flower Decoration P5 A review from the Art Museum Painted enamel on copper, Canton P6 Past events and happenings Second half of 18th century to P8 Collectors Circle early 19th century P10 Study Group Pandan P12 Seventeen Years with The Friends Overall height: 8.5cm P14 Kangxi Twelve Flower cup sets Length: 13.7cm P17 Pandan Tray and set Width: 10.7cm P18 Amazing Clay : Ceramic Exhibition P19 Museum Exhibition Notice Tray P21 Friends Products Height: 1.4cm P22 Membership Form Length: 28.6cm P23 General Information on the Art Museum Width: 23.1cm P23 Museum Library Information Friends Executive Board 2019 - 2020 Position Name Email contact Chair Peter Woo [email protected] Vice-chair Candice Lee [email protected] Collectors Circle Edwin Mok [email protected] Communications Patrick Moss [email protected] Library Gillian Kew [email protected] Museum Liaison Josie Taylor [email protected] Products Edith Pong [email protected] Lin Chan Membership Lucia Ho [email protected] Secretary Gillian Kew [email protected] Study Group & Day Tours Patrick Moss [email protected] Treasurer Iris Kwan * [email protected] Website Patrick Moss [email protected] Candice Lee [email protected] Iris Kwan * Young Friends Candice Lee [email protected] Angela Cheung * [email protected] *denotes a volunteer working with the Board of the Friends Published by Friends of the Art Museum, the Chinese University of Hong Kong Limited GPO Box 9861, Hong Kong.
    [Show full text]
  • The Ecosystem of Innovation and Technology in Hong Kong
    The Ecosystem of Innovation and Technology in Hong Kong 1 Table of Contents About the Authors 4 Executive Summary 5 Key Recommendations 7 Introduction 9 Human Resources: Innovation & Creativity 11 Background and Current Landscape 12 Strengths and Challenges 13 Recommendations 38 Bibliography 44 Business 49 Background and Current Landscape 50 Strengths and Challenges 52 Start-ups 67 Recommendations 73 Bibliography 80 Government 87 Background and Current Landscape 88 Strengths and Challenges 93 Smart City 99 Recommendations 110 Bibliography 112 Summary of Recommendations 118 Appendix 124 Appendix I: Stakeholders Consulted 124 Appendix II: Acronyms and Abbreviations 126 Appendix III: Successful Stories 128 About the Authors Prof. Lap-chee Tsui Professor Lap-chee Tsui is President of Victor and William Fung Foundation, Hong Kong, and Director of Qiushi Academy for Advanced Studies, Zhejiang University, China. He was the immediate-past Vice Chancellor of The University of Hong Kong, and prior to which, he was Geneticist-in-Chief at the Hospital for Sick Children in Toronto and Professor at University of Toronto, Canada. Prof. Tsui is world renowned for his research work in human genetics and genomics, notably the identification of the gene for Cystic Fibrosis in 1989 and, later, several other human genetic diseases while conducting a comprehensive characterization of human chromosome 7. Prof. Tsui has over 300 peer-reviewed scientific publications and 65 invited book chapters. He is the recipient of many national and international prizes, and a Fellow of Royal Society of Canada, Fellow of Royal Society of London, Fellow of Academia Sinica, Foreign Associate of the National Academy of Sciences USA, Foreign Member of the Chinese Academy of Sciences, Laureate of the Canadian Medical Hall of Fame, and, inaugural President of the Academy of Sciences of Hong Kong.
    [Show full text]