II.
Year
1979
1979
1984
10
5
Industrial investments
Company
China Cement Co. (Hong Kong) Ltd.
(Kaiser Cement
Corporation of the
US - 40%
Cheung Kong
(Holdings) Ltd - 30%
Kiu Yip Investment Corp., a subsidiary of Kiu Kwong Investment Corp. Ltd. 30%)
-
Yu Lian Machinery Repairing Works Ltd affiliate of China Mercharts Steam Navigation Co. Ltd.
Sin King Enterprises Co. Ltd.
(Joint venture
of China Resources (Holdings) Co. Ltd. and the Bank of China)
Investment
Cement manufacturing.
The construction cost of the cement plant was estimated at
HK$1 billion.
Granted a site of 11.6 hectares on Tsing Yi Island for setting up a dockyard and floating dock. Total investment estimated at HK$100 million.
Acquisition of a
controlling stake
(34.8%) in Conic
Investment Ltd. at a
price of HK$178 million.
1985
Brummen Co. Ltd.
1985
Helios Industrial Ltd.
Acquired China Cement Co. A commitment of HK$1 billion was involved.
Set up for the
production of advanced communication systems.
(a 50 50 joint
venture between
Xinguang Industrial Products Import and Export Corporation of Sichuan and Howeton International of Hong
Kong)
1985
China Merchants
Steam Navigation Co.
Purchased Euro-Asia Dockyard on Tsing Yi Island.