History
1970: Henderson Investment was established in 1970, named Wing Tai Development Limited (Chinese:永泰置業有限公司).
1972: It was listed on the Hong Kong Stock Exchange.
1975: Lee Shau Kee, the founder of Henderson Land Development, took control of Wing Tai.
1985: Henderson acquired control of Wing Tai, and was renamed as Henderson Investment Limited.
1988: Henderson Land spun off its other holdings and investments, which were placed into Henderson Investment.
1989: It established its department store chain, Citistore.
1992: It acquired Miramar Hotel in Kowloon.
1995: It established a security management company, Megastrength Security Services Company.
1996: It established its property management company, Well Born Real Estate Management.
1996-2005: It was one of the Hang Seng Index Constituent Stocks (blue-chip stock).
2000: It moved into the information technology sectors through a subsidiary, Henderson Cyber.
2007: Henderson Land acquired assets from Henderson Investment, mainly consisting of the stakes of Hong Kong Ferry (Holdings) Company Limited and Miramar Hotel and Investment, and later Hong Kong and China Gas.
Read more about this topic: Henderson Investment
Famous quotes containing the word history:
“The history of a soldier’s wound beguiles the pain of it.”
—Laurence Sterne (1713–1768)
“It takes a great deal of history to produce a little literature.”
—Henry James (1843–1916)
“In nature, all is useful, all is beautiful. It is therefore beautiful, because it is alive, moving, reproductive; it is therefore useful, because it is symmetrical and fair. Beauty will not come at the call of a legislature, nor will it repeat in England or America its history in Greece. It will come, as always, unannounced, and spring up between the feet of brave and earnest men.”
—Ralph Waldo Emerson (1803–1882)