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Overview

The property interests of the Hutchison Whampoa Property and Hotel Group (HWPHG) comprises of Hongkong & Whampoa Dock Company Limited (HWD), Hutchison Properties Limited (HPL) and Cavendish International Holdings Limited (CIHL).

HWD's history is as long and rich as Hong Kong itself. The company was established in 1863 to acquire docks and repair yards at Whampoa, on the Pearl River in China, and the newly constructed dry docks at Aberdeen on Hong Kong Island.

The company ran one of the largest dry-docking, ship repair and shipbuilding operations in the Far East for over a century, surviving two world wars and, at its peak, handling an average of 25 vessels per week. In 1960, it was servicing the ships of no fewer than 23 nationalities and nine navies.

HWD first ventured into property development in 1969 and, by the late 1970s, its business was mostly property related, with the Aberdeen and Hung Hom docks being redeveloped into today's Aberdeen Centre, Hunghom Bay Centre, Whampoa Garden and The Harbourfront. The dockyard operations were then merged with those of Taikoo Dockyard & Engineering Company and moved to Tsing Yi.

HPL was incorporated in March 1971, concentrating on property investment, agency and management services. In the mid-70s, it launched into property development with a residential complex in Kwai Chung and the ambitious Sea Ranch holiday resort on Lantau Island.

The managerial resources and operations of HWD and HPL were merged in 1980 to create HWPG, although both companies remain separate corporate entities.

In 1993, Hutchison Whampoa Limited formed a new, wholly owned company, Hutchison Whampoa Properties Limited, to hold all the property interests of HWD, HPL and HWL's then privatised subsidiary, CIHL.

The Hotel Group was established in 1997 to focus on the development and operations of Hutchison's hotel business worldwide. The Hotel Group has expanded rapidly and is currently operating hotels in Hong Kong and the Mainland China.

Hutchison Whampoa Properties Limited
3/F, One Harbourfront
18 Tak Fung Street
Hunghom
Kowloon, Hong Kong
Telephone: (852) 2128 7500
Fax: (852) 2128 7888
Website: www.hwpg.com

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