Group Properties
Location
Hong Kong Ferry (Holdings) Co. Ltd.
Floor
Site
Lease
area
area
Lot No.
expiry
(sq.m.)
(sq.m.)
Equity Description
Kowloon
222 Tai Kok Tsui
KIL 6698
2033
14,730
3,250
100%
Staff
Road
quarters
**
201 Tai Kok Tsui
Road
KIL 11127
2047
21,237
100%
Properties
under
development
Cho Yuen Street,
Yau Tong Inland
2047
22,967
2,330
100%
Industrial
Yau Tong
Lot No.38 *
buildings
71 Hing Wah Street
West
West Kowloon
2000 #
2,862
4,730
100%
Emergency
Reclamation Area,
repair depot
Lai Chi Kok
Lot No.S.S.P.
Misc.58(KX1850)
New Territories
20 Tin Dai Yan Road,
Lot Nos.3039A.
2047
1,912
3,059
100%
Godown
Chung Uk Tsuen, Hung Shui Kiu
3039RP & 3042
in DD124 Hung
Shui Kiu
Ngau Kok Wan
North Tsing Yi
Tsing Yi Town
2047
5,619
19,740
100%
Shipyard
Lot No.102
Lantau Island
Cheung Sha
DD332
2047
1,320
100%
Lot No.695 *
10 villa
houses
Mui Wo
DD2
2047
5,467
7,544
100%
Hotel
Lot No.648
Mui Wo
DD2
2047
Lot Nos.431-487,
28,617
50%
Agricultural
land
569 and 635-637
*
**
The Cheung Sha and Yau Tong properties are held for investment purposes.
The property was disposed of to a third party after the year end.
The development will provide a total gross floor area of approximately 191,135 sq. m.. It comprises two phases, Phase I and II, which are expected to be completed in late 2002 and early 2004 respectively. Foundation work is in progress. Pursuant to the Agreement as mentioned in note 27 on the accounts, 50% of the sales proceeds that may be derived from the domestic portion of the development has been disposed of to a related party.
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