Wheelock Properties (Hong Kong)
Encyclopedia
Wheelock Properties Limited (", Former stock code: ) is the subsidiary
of Wheelock and Company Limited of Hong Kong
. It engages in the property development and investment
operations in Hong Kong. It participates in a number of private housing estates including Bellagio, Sorrento and Parc Palais and owns certain investment properties including Wheelock House
and Fitfort. It also holds controlling interests in Singapore
-listed Wheelock Properties (Singapore) Limited.
Wheelock and Company Limited privatized Wheelock Properties (Hong Kong) in 2010.
Subsidiary
A subsidiary company, subsidiary, or daughter company is a company that is completely or partly owned and wholly controlled by another company that owns more than half of the subsidiary's stock. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a...
of Wheelock and Company Limited of 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...
. It engages in the property development and 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...
operations in Hong Kong. It participates in a number of private housing estates including Bellagio, Sorrento and Parc Palais and owns certain investment properties including Wheelock House
Wheelock House
Wheelock House, is a commercial office building located at Pedder Street, Central, Hong Kong. Wheelock House is a Class A office space completed in 1984, building high 24, the architect is Wang and Ouyang Limited Company, its other building works includ the International Commerce Centre, City One...
and Fitfort. It also holds controlling interests in Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
-listed Wheelock Properties (Singapore) Limited.
Wheelock and Company Limited privatized Wheelock Properties (Hong Kong) in 2010.