K. Wah International
K. Wah International Holdings Limited, also abbreviated as KWIH, is a property developer in Hong Kong and the listed property arm of the K. Wah Group. Along with its subsidiaries, the Group is principally engaged in property development and investment in Hong Kong, Mainland China and Singapore.[1] It was founded and remains controlled by tycoon Lui Che-woo.[2]
Public company | |
Traded as | SEHK: 173 |
Industry | Property |
Founded | 1989 |
Founder | Dr Lui Che-woo |
Headquarters | 29/F, K. Wah Centre, North Point, Hong Kong |
Website | http://www.kwih.com |
KWIH encompasses a portfolio of residential developments, Grade-A office towers, retail spaces, hotels and serviced apartments.
Until July 2017, the group operated the Anderson Road Quarry, above Sau Mau Ping, supplying aggregate to Hong Kong for 50 years, and highly visible from much of Kowloon and Hong Kong. It also contributed to the rehabilitation of the site, which is now being developed for residence.[3][4]
KWIH is a constituent stock of the Hang Seng Composite MidCap Index and MSCI China Small Cap Index. K Wah also holds a 3.8% stake in Galaxy Entertainment (SEHK: 27),[5] one of the largest Macau gaming operators.
References
- "K WAH INTL HOLDINGS (173:Hong Kong): Company Description – Businessweek". Bloomberg BusinessWeek. Retrieved 12 October 2012.
- Mainland developers are ‘money mills’ that rely on spiralling asset prices, South China Morning Post, 10 January 2017
- Anderson Road Quarry handed back to government, RTHK, 26 July 2017
- KWP Quarry Company Ltd – Anderson Road Quarry, The Industrial History of Hong Kong Group, 25 August 2015
- "K Wah's financial chief says focus firmly on Hong Kong, Pearl River Delta and Yangtze River regions". South China Morning Post. Retrieved 11 April 2017.