- Wheelock & Co
Wheelock and Company Limited is Chinese financial
real estate company based inHong Kong . It was listed as #1249 on theForbes 2000 list.The Group's principal activities are
property investment ,property development ,property management and agency, and investment holding. The Group also involved in distribution and retail businesses including Land Crawford, Joyce and City'Super. Operations are carried out in Hong Kong, theBritish Virgin Islands , thePeople's Republic of China andSingapore .History
Wheelock and Company was created from the purchase of
Wheelock and Marden Company Limited , a British Hong founded asShanghai Tug and Lighter Limited in 1857 inShanghai bySt. Stephen, New Brunswick bornCaptain Thomas Wheelock . [ [http://www.thehardoons.com/TNG/histories/kwok.pdf Conclusion ] ] G.E. Marden founded Marden and Company in 1927 and merged withThomas Wheelock 's tug company to form Wheelock and Marden Company Limited in 1927. The new company operated other ships and later moved their operations toHong Kong followingWorld War II . The new company diversified from transportation to custom's clearing, container delivery, warehousing and travelling. Marden's son John L. Marden was once the head of the company. It was acquired by local tycoonYue-Kong Pao in 1985.Operations
Today's Wheelock and Company is a holding company with principal interests in real estate in Hong Kong, Singapore, China, and the UK. The firm develops hotels, housing, and shopping centers through primary subsidiary Wharf Holdings (of which Wheelock owns nearly half), as well as Wheelock Properties (more than 70%-owned). In addition to its property holdings, Wharf has interests in
cable television ,Internet access , andtelecommunications providers in Hong Kong. Wharf also owns more than two-thirds of Modern Terminals, ashipping terminal operator insouthern China .People
The chairman is Peter K. C. Woo.
Competitors
Its major competitors are
Cheung Kong Holdings Limited,CITIC Pacific Ltd.,Sun Hung Kai Properties Limited.Reference
External links
* [http://www.wheelock-company.com/ Company web site]
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