Sino Group
Sino Group (Chinese: 信和集團) is a property company in Hong Kong. The Group comprises private holding companies owned by the Ng Family, and three publicly listed companies that include Tsim Sha Tsui Properties Limited, Sino Land Company Limited, and Sino Hotels (Holdings) Limited.
Type | Privately held company |
---|---|
Industry | Property and Hotel |
Founded | 1970 |
Founder | Ng Teng Fong |
Headquarters | |
Area served | Hong Kong |
Key people | Robert Ng, Chairman & CEO |
Website | www.sino.com |
Sino Group's core business is developing residential, office, industrial and retail properties for sale and investment purposes. It also invests in hotel development, as well as hotel and club management.[1] The company has around 10,000 employees, with a significant presence in Singapore.
History
Sino Group was founded in the 1970s. Tsim Sha Tsui Properties Limited, a holding company of Sino Land Company Limited, was publicly listed in the Hong Kong Stock Exchange in 1972. Sino Land Company Limited was publicly listed in the Hong Kong Stock Exchange in 1981. In 1995, it became a constituent stock of the Hang Seng Index. In 1995, Sino Land Company Limited spun off its hospitality business interests to create the publicly listed Sino Hotels (Holdings) Limited in the Hong Kong Stock Exchange. In Aug 2020, Hang Seng Indexes Company releases the results of the second quarter review of the Hang Seng Family of Indexes, which confirmed the removal of Sino Land from the HSI.[2]
List of Chairmen
- Ng Teng Fong (1970–1991); founder
- Robert Ng (1991– ); son of Ng Teng Fong
Operations
- Tsim Sha Tsui Properties Limited
- Sino Land Company Limited
- Sino Hotels (Holdings) Limited
See also
- Far East Organization, Singapore-based real estate developer also owned by Ng family
References
- "About Sino Group".
- "Alibaba, Xiaomi, WuXi Biologics win green light to join the Hang Seng Index on September 7". SCMP. Enoch Yiu. Retrieved 19 November 2020.