Subsidiaries and Associates
The company's stakes in its principal associates, Towngas (38.46%), Miramar. Hotel and Investment Co, Ltd (44.21%) and Hong Kong Ferry (31.33%) are held by its listed subsidiary, Henderson Investment. The Company controls the composition of the boards of these associates, and Li is the chairman of the board in all these cases.
Read more about this topic: Henderson Land Development
Famous quotes containing the word associates:
“A man should not go where he cannot carry his whole sphere or society with him,Mnot bodily, the whole circle of his friends, but atmospherically. He should preserve in a new company the same attitude of mind and reality of relation, which his daily associates draw him to, else he is shorn of his best beams, and will be an orphan in the merriest club.”
—Ralph Waldo Emerson (1803–1882)