About Chevalier International Holdings
Chevalier International Holdings Limited, an investment holding company, engages in the construction and engineering, insurance and investment, property, food and beverages, and computer and information communication technology and other businesses.
Segments
Construction and Engineering
The Construction and Engineering Segment works for lifts and escalators; aluminium windows and curtain walls; air-conditioning systems, and electrical and mechanical engineering; civil engineering and infrastructure; building construction; building materials and equipment; electrical and mechanical; environmental engineering; and pipe rehabilitation contracts. Its operations in construction and engineering are located in Hong Kong, Macau, Singapore, Europe, Australia, and the mainland China.
Insurance and Investment
The Insurance and Investment Segment engages in general insurance business except aircraft, aircraft liabilities, and credit insurance, and investment in Hong Kong.
Property
The Property Segment engages in property investment, development and management, cold storage and logistics, and hotel management. The company owns various investment properties with a total gross floor area of approximately 824,000 square feet in Hong Kong, China, Singapore, Canada, and other geographies. As of March 31, 2009, the total land bank attributable to the company amounted to a gross floor area of 1,129,000 square meters.
Food and beverages
The Food and Beverages Segment engages in the trading and retailing. This segment includes coffee wholesale and retail, and specialty restaurants and bars.
Computer and Information Communication Technology and Others
The Computer and Information Communication Technology and Others Segment engages in the sale and servicing of information technology equipment and business machines, retailing, trading, and servicing of motor vehicles, and food trading. The computer and information communication technology operations are mainly carried out in Hong Kong, the mainland China, and Thailand. Its other operations are mainly carried out in Canada and the U.S.A.
Significant Events
In March 2009, the company has entered into an alliance with Toshiba Elevator and Building Systems Corporation (TELC), a subsidiary of Toshiba Corporation, that specializes in lifts and escalators business.
In July 2008, the company disposed of 75% interest in CPT Chevalier Pipe Technologies GmbH (CPT), its international pipe rehabilitation business with operations mainly in Europe and Australia, to Sekisui Chemical Co., Ltd.
In March 2009, the company disposed of the 49% interest in its lifts and escalators business in Hong Kong, Singapore, the People’s Republic of China, and Macau.
History
Chevalier International Holdings Limited was founded in 1970.