Wharf Real Estate Investment Company Limited (1997.HK)

44.100 -0.950 (-2.11%) At close: 04:08PM HKT

Wharf Real Estate Investment Company Limited

Ocean Centre
16th Floor Harbour City Canton Road
Kowloon
Hong Kong
852 2118 3118
https://www.wharfreic.com

Sector(s): Real Estate
Industry: Real Estate Services
Full-time employees: 2,700

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Tin Hoi Ng	Chairman & MD	20.3M	N/A	1952
Mr. Yiu Cheung Tsui C.P.A., CGA, CGA-Canada, CGMA, CPA, FCCA, FCIS, FC	Exec. Vice Chairman	4.57M	N/A	1947
Ms. Yen Thean Leng B.Sc., BSc (Hons), MHKIS, MRICS, RPS	Exec. Director	19.51M	N/A	1971
Mr. Chung Ying Hui C.P.A., FCCA, FCIS, FCS, HKICPA	Company Sec.	1.6M	N/A	1957
Ms. Angela Ng	Investor Relations Mang. of Wharf Limited	N/A	N/A	N/A

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

Wharf Real Estate Investment Company Limited, an investment holding company, invests in, develops, owns, and operates properties and hotels in Hong Kong, Mainland China, and Singapore. The company operates through four segments: Investment Properties, Development Properties, Hotel, and Investment segments. It primarily operates Harbour City, a commercial space comprising offices, retail shops, serviced apartments, hotels and clubs, and car parking spaces; and Times Square, a retail space that consists of office and car parking spaces. The company also operates Wheelock House and Crawford House commercial properties; The Murray, a luxury hotel that consists of 336 rooms; Plaza Hollywood, a shopping mall with retail outlets, restaurants, and a stadium housing six-screen cinema multiplex; The Star Ferry, which provides two inner harbour ferry services, including Tsim Sha Tsui and Wan Chai; and Wheelock Place and Scotts Square mall. In addition, it offers leasing, finance, and management services; and engages in property investment. The company was founded in 1886 and is headquartered in Kowloon, Hong Kong.

Corporate governance

Wharf Real Estate Investment Company Limited’s ISS governance QualityScore as of 1 February 2023 is 4. The pillar scores are Audit: 5; Board: 3; Shareholder rights: 6; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.