The Group's Businesses
The Swire Group's core businesses in Hong Kong are held by the publicly quoted Swire Pacific Limited. The Group's core businesses are grouped into: property, aviation, beverages, marine services, and trading and industrial. Swire Pacific Limited is listed on the Hong Kong Stock Exchange as Swire Pacific Limited SEHK: 0019 (A-shares) SEHK: 0087 (B-shares). Swire Pacific is the largest shareholder of Cathay Pacific, Hong Kong's largest airline.
Swire Properties, incorporated in 1972, develops and manages commercial, retail and residential properties, with a particular focus on mixed-use development in prime locations at major mass transportation intersections. The Company’s investment portfolio in Hong Kong totals approximately 17.8 million sq ft (approximately 1.66 million sqm)* of gross floor area, with Pacific Place, Island East as its core holdings. In addition to Hong Kong, the Company has a presence in Mainland China, the United States and the United Kingdom. In Mainland China, Swire Properties has a portfolio amounting to approximately 12.9 million sq ft (approximately 1.20 million sqm)*, the majority of which is under construction. The five projects consist of mixed-use developments in Beijing, Shanghai, Guangzhou and Chengdu, with Sanlitun Village and The Opposite House hotel in Beijing being the best-known among them. In 2008, the Company formed Swire Hotels to create and manage urban hotels in Hong Kong, Mainland China and the United Kingdom.
Swire Pacific Offshore Holdings Limited (SPO) is the wholly owned subsidiary of Swire Pacific and charters vessels that support the offshore oil and gas industry worldwide. Swire Pacific Offshore owns a fleet of 69 offshore vessels. The China Navigation Co. Ltd is the deep-sea shipping arm of John Swire & Sons Ltd.
Swire is an anchor bottler in the Coca-Cola System. It is the bottler of Coca-Cola and its related products in Hong Kong, Taiwan and most of mainland China, as well as parts of 10 states in the United States, mainly the mountain west region. This territory represents a population of 420 million people.
The company was featured under the pseudonym "Rothwell-Gornt" in James Clavell's novel Noble House, which is a thinly disguised fictional account of the rivalry between Swire Group and Jardine Matheson, another Hong Kong trading house.
In 2009, Swire Pacific ranks second in Wall Street Journal's Most Admired Company in Hong Kong list, while its associate Cathay Pacific ranks first, meaning that the group's businesses dominate the top two spots of the list.
Read more about this topic: Swire Group
Famous quotes containing the words group and/or businesses:
“With a group of bankers I always had the feeling that success was measured by the extent one gave nothing away.”
—Francis Aungier, Pakenham, 7th Earl Longford (b. 1905)
“One of the first businesses of a sensible man is to know when he is beaten, and to leave off fighting at once.”
—Samuel Butler (1835–1902)