(1)
MAJOR ACTIVITIES DURING THE FIRST HALF YEAR
Buildings completed
Name and Location
Group's Interest
Rowen Court
25 Babington Path, Hong Kong
100%
Vanta Industrial Centre
21-33 Tai Lin Pai Road,
Kwai Chung, N.T.
Ella Court
100%
38 Tung Lo Wan Road, Hong Kong
100%
(2)
New Acquisitions
(i)
acquired
(ii)
(iii)
(iv)
(v)
An associated company
N.K.I.L. No. 6055, Kwun Tong, Kowloon, with a site area of 8.8 hectares, for the development of a large high class housing estate. There will be a total of 6,700 residential units having a total gross floor
total gross floor area of approximately 440,000 $q.m. and a modern shopping complex of approximately 15,000 sq.m. Construction of the first phase is scheduled to commence in October with completion before the end of 1990. development is expected to be completed by 1993. The Group holds a 50% interest.
this this year
The whole
Another associated company acquired A.L.C.I.L. No. 121 at. Ap Lei Chan, Hong Kong,
Kong, which has an area of 15.5 hectares. The development of a large high class housing estate is planned for this site, with 38 residential towers and a shopping centre, the gross floor areas of which are approximately 730,000 sq.m. and 29,000 sq.m. respectively. Construction of the first phase is expected to commence in early 1989, and the whole development is expected to be completed by 1994. The Group holds a 30% interest.
A wholly owned subsidiary company purchased а site of approximately 4,300 sq.m. at No. 22 Shouson Hill Road, Hong Kong, on which the development of a number of luxury residential units with a total gross floor area of approximately 3,200 sq.m. is planned for completion during the first half
half of
of 1990. The group
holds a 100% interest.
Το
15-storey
A subsidiary company purchased Nos. 37 and 39 Hung Road, Kwun Tong, Kowloon, which have a combined site area of approximately 1,860 sq.m. industrial
a gross floor area of approximately 20,000 sq.m. is being planned
DEWA
building with
for this
site for completion during the first half of 1991. The Group holds a 100% interest.
43 Hung То
Another subsidiary company purchased No. Road, Kwun Tong, Kowloon with an area of approximately 900 sq.m.
A 15-storey industrial
industrial building, with a gross floor area of approximately 10,000 sq.m., is planned for completion by the end of 1991. holds a 70% interest.
The Group