Land Reserve

The Group had long before it was established, acquired pieces of land from vendors in sparsely spread areas located in Fan Ling District, with the total estimated size of 300,000 sq. ft. The Group anticipated that there is insufficient area to provide logistic business in Hong Kong. The Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) was signed, enhances the needs for more trading between Hong Kong and China. That would certainly increase the needs for spaces to provide logistic business. In view of that, the Group at present intends to continue acquiring more lands so that it could be utilized and developed into one of the logistic hubs in Hong Kong.