Orient Overseas Limited (OOIL) is a 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...

 holding company

Holding company

A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...

 which involves in international

International

----International mostly means something that involves more than one country. The term international as a word means involvement of, interaction between or encompassing more than one nation, or generally beyond national boundaries...

 transportation and logistics

Logistics

Logistics is the management of the flow of goods between the point of origin and the point of destination in order to meet the requirements of customers or corporations. Logistics involves the integration of information, transportation, inventory, warehousing, material handling, and packaging, and...

, and property investment and property development. It is the parent company

Parent company

A parent company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors; the second company being deemed as a subsidiary of the parent company...

 of Orient Overseas Container Line

Orient Overseas Container Line

Orient Overseas Container Line is a Hong Kong-based container shipping and logistics service company.OOCL is one of the world's largest shipping and logistics companies with more than 280 offices in 55 countries around the world, providing 78 services covering international trading markets with a...

 (OOCL), one of the world's leading container transport and logistics service providers.

OOIL was founded in 1969 in Hong Kong

Hong Kong

Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...

 by Mr. Tung Chao Yung

Tung Chao Yung

Tung Chao Yung better known as 董浩雲, , born 18th of the eighth lunar month in 1912; died 15 April 1982), also known as C. Y. Tung, was a Chinese shipping magnate, the founder of the Orient Overseas Line...

. After Tung Chao Yung's death in 1982, Mr. Tung Chee-hwa, his elder son, succeeded to be the chairman of OOIL. In 1996, Mr. Tung Chee-chen

Tung Chee-chen

Tung Chee-chen, SBS, JP is a Hong Kong businessman and entrepreneur. He is a member of the Hong Kong Port Development Board.-Education:Tung's ancestral hometown is Ningbo of Zhejiang Province...

, Tung Chao Yung's younger son and Tung Chee Wah's younger brother, took over the chairman position since Tung Chee Wah's election as Chief Executive of Hong Kong

Chief Executive of Hong Kong

The Chief Executive of Hong Kong is the President of the Executive Council of Hong Kong and head of the Government of the Hong Kong Special Administrative Region. The position was created to replace the Governor of Hong Kong, who was the head of the Hong Kong government during British rule...

.

External links

• Orient Overseas (International) Limited
• Orient Overseas Container Line