Henderson Investment Limited (Chinese:) , the subsidiary company of Henderson Land Development

Henderson Land Development

Henderson Land Development Co. Ltd. is a listed property company and a constituent of the Hang Seng Index. The company's principal activities are property development and investment, project management, construction, hotel operation, department store operation, finance, investment holding and...

, involves the development

Real estate development

Real estate development, or Property Development, is a multifaceted business, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of improved land or parcels to others...

, investment

Investment

Investment has different meanings in finance and economics. Finance investment is putting money into something with the expectation of gain, that upon thorough analysis, has a high degree of security for the principal amount, as well as security of return, within an expected period of time...

 and leasing

Leasing

Leasing is a process by which a firm can obtain the use of a certain fixed assets for which it must pay a series of contractual, periodic, tax deductible payments....

 of the properties in Hong Kong and Mainland China

Mainland China

Mainland China, the Chinese mainland or simply the mainland, is a geopolitical term that refers to the area under the jurisdiction of the People's Republic of China . According to the Taipei-based Mainland Affairs Council, the term excludes the PRC Special Administrative Regions of Hong Kong and...

. Other activities include operations and management of department stores, investment in infrastructure

Infrastructure

Infrastructure is basic physical and organizational structures needed for the operation of a society or enterprise, or the services and facilities necessary for an economy to function...

 projects, provision of cleaning and security guard

Security guard

A security guard is a person who is paid to protect property, assets, or people. Security guards are usually privately and formally employed personnel...

 services, and other investment holdings.

History

1970: Henderson Investment was established in 1970, named Wing Tai Development Limited (Chinese:).

1972: It was listed on the Hong Kong Stock Exchange

Hong Kong Stock Exchange

The Hong Kong Stock Exchange is a stock exchange located in Hong Kong. It is Asia's third largest stock exchange in terms of market capitalization behind the Tokyo Stock Exchange and the Shanghai Stock Exchange and fifth largest in the world...

.

1975: Lee Shau Kee

Lee Shau Kee

Lee Shau-kee GBM is a property developer and majority owner of Henderson Land Development , a property conglomerate with interests in properties, hotels, restaurants and internet services...

, the founder of Henderson Land Development, took control of Wing Tai.

1985: Henderson acquired control of Wing Tai, and was renamed as Henderson Investment Limited.

1988: Henderson Land spun off its other holdings and investments, which were placed into Henderson Investment.

1989: It established its department store

Department store

A department store is a retail establishment which satisfies a wide range of the consumer's personal and residential durable goods product needs; and at the same time offering the consumer a choice of multiple merchandise lines, at variable price points, in all product categories...

 chain, Citistore.

1992: It acquired Miramar Hotel in Kowloon

Kowloon

Kowloon is an urban area in Hong Kong comprising the Kowloon Peninsula and New Kowloon. It is bordered by the Lei Yue Mun strait in the east, Mei Foo Sun Chuen and Stonecutter's Island in the west, Tate's Cairn and Lion Rock in the north, and Victoria Harbour in the south. It had a population of...

.

1995: It established a security management

Security management

Security Management is a broad field of management related to asset management, physical security and human resource safety functions. It entails the identification of an organization's information assets and the development, documentation and implementation of policies, standards, procedures and...

 company, Megastrength Security Services Company.

1996: It established its property management

Property management

Property management is the operation, control of ususally on behalf of an owner, and oversight of commercial, industrial or residential real estate as used in its most broad terms. Management indicates a need to be cared for, monitored and accountability given for its usable life and condition...

 company, Well Born Real Estate Management.

1996-2005: It was one of the Hang Seng Index

Hang Seng Index

The Hang Seng Index is a freefloat-adjusted market capitalization-weighted stock market index in Hong Kong. It is used to record and monitor daily changes of the largest companies of the Hong Kong stock market and is the main indicator of the overall market performance in Hong Kong...

 Constituent Stocks (blue-chip stock).

2000: It moved into the information technology sectors through a subsidiary, Henderson Cyber.
2007: Henderson Land acquired assets from Henderson Investment, mainly consisting of the stakes of Hong Kong Ferry (Holdings) Company Limited and Miramar Hotel and Investment

Miramar Hotel and Investment

Miramar Hotel and Investment Company Limited is a hotel chain company in Hong Kong. Its core businesses include property rental and development, hotel operation and management, travel services and food & beverage services...

, and later Hong Kong and China Gas.