Henderson Land Development Company Stock

Henderson Land Development Company Limited, an investment holding company, engages in property development and investment, construction, infrastructure, hotel operation, finance, department store operation, project management, investment holding and property management. The company is a subsidiary of Henderson Development Limited.

The company holds approximately 34 million square feet of agricultural land; operates 5 department store outlets in Kowloon and the New Territories under the trade name of Citistore for Korean and Japanese fashion; manages approximately 184 property developments comprising a total of 70,000 residential, commercial, and industrial units and shops, as well as approximately 17,000 car parking spaces; and operates approximately 67 piped city-gas projects in 14 provinces/municipalities.

The company also involves in project management, construction and building works, infrastructure, development and operation of hotels, leasing of properties, provision of financial services, operation of department stores, and project and property management activities. In addition, the company engages in the production, distribution, and marketing of gas; the provision of finance, cleaning, and security guard services, as well as cruise and dining services; the operation of vessels to provide carriage of dangerous goods; and provision of ship repair and maintenance services, and travel agency services.

Segments

The company conducts its operations through six segments, including Property Development, Property Leasing, Construction, Infrastructure, Hotel Operation, and Others.

Property development: This segment engages in the development and sale of properties.

Property leasing: This segment engages in the leasing of properties.

Construction: This segment engages in the construction of building works.

Infrastructure: This segment engages in the investment in infrastructure projects.

Hotel operation: This segment engages in the hotel operations and management.

Others: This segment engages in the provision of finance, department store operations and management, investment holding, project management, property management, agency services, provision of cleaning, and security guard services.

History

Henderson Land Development Company Limited was founded in 1976.