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  September 5, 2001
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Home > Company Index > Real Estate > Real Estate Development > Hang Lung Development Company, Limited

Hang Lung Development Company, Limited
OTC: HANLY
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 PROFILE
Hang Lung Development thinks Grand in its investments and property management. Subsidiary Grand Hotel Holdings owns and manages the firm's hotel investments, including the Grand Tower Hotel in Hong Kong's Mongkok area, and the Grand Plaza Hotel and Grand Plaza Apartments in the Quarry Bay area. It also manages The Wesley and The Bay Bridge hotels in Wanchai and Tsuen Wan, respectively. Through subsidiary Amoy Properties, the company owns, develops, and invests in commercial, office, residential, and industrial properties located along highly populated transportation routes. Amoy Properties is also a major parking lot operator. Hang Lung also owns some investments in China, particularly Shanghai.

 COMPETITION
Cheung Kong (Holdings) Limited (CHEUY)
New World Development Company Limited (NDVLF)
Sun Hung Kai Properties Limited (SUHJY)

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 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 362.00
1-Yr. Sales Growth: (50.1)%
Employees: 2,100
Revenue per employee: $172,380.95

 KEY PEOPLE
• Nelson W. L. Yuen
    CEO
• Alfred Hung Kwan Li
    CFO

 CONTACT INFO
28th Fl., Standard Chartered Bank Bldg.
, Hong Kong
Phone: 852-2879-0111
Fax: 852-2868-6086
Online: Web Site

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