9
I
IV.
Investments in infrastructural developments
1985
China International Trust and Investment Corporation
1987
China International
Trust and Investment Corporation and
China Civil Engineering Corporation
1987
China International Trust and Investment Corporation
V.
Participated in a
consortium for financing, building and operating the Eastern Harbour
Crossing.
The two companies had together taken a 30% interest in a consortium led by Hutchison-Whampao Ltd. and Hong Kong Electric Co. Ltd. with a view to participating in the Hunghom Bay Development Project.
Formed a consortium with
a French construction group to bid for the Tate's Cairn tunnel project.
Investments in the retailing business
1984
China Resources Purchasing Co.
Started to open a chain of supermarkets in Hong Kong. At present, there are altogether 21 supermarkets under this
company.
VI. Investments in air services
1985
Hong Kong Macau
International
Investment Co.
1987
China International Trust and Investment Corporation
Established Dragon Airline Ltd.
(Subsequently, Sir Y K Pao became the major shareholder, with Hong Kong Macau International Investment Co. retaining a 25% share).
Acquired 12.5% of the shares of Cathay Pacific Airways with HK$1.94 billion.