28 Followers HKEX:12 - Henderson Land Development Co Ltd Henderson Land
Sector: Real Estate, Industry: Diversified Real Estate Activities
Next Earnings: 20 Aug 2024
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HKD 22.3    -0.55 (-2.41%)

28 Mar 2024


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General

Headquarters: HK

Description

Henderson Land Development is a leading property developer in Hong Kong with a focus on urban redevelopment and farmland conversion. The company was founded in 1976, listed in 1981. Founder Lee Shau Kee is the controlling shareholder, and a series of disposals in December 2017 reduced his stake to below 72.8%. The share disposals were the first since 1993, lessening the possibility of a privatization. Lee stepped down in May 2019, succeeded by his two sons as joint chairmen and managing directors. Henderson Land also controls four listed entities directly, including a 33.4% stake in Hong Kong Ferry, a 69% stake in Henderson Investment, a 41.5% stake in Hong Kong and China Gas, and a 50.1% stake in Miramar Hotel & Investment.

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