- Wheelock & Co
Wheelock and Company Limited is Chinese financial
real estatecompany based in Hong Kong. It was listed as #1249 on the Forbes 2000list.
The Group's principal activities are
property investment, property development, property managementand agency, and investment holding. The Group also involved in distribution and retail businesses including Land Crawford, Joyce and City'Super. Operations are carried out in Hong Kong, the British Virgin Islands, the People's Republic of Chinaand Singapore.
Wheelock and Company was created from the purchase of
Wheelock and Marden Company Limited, a British Hong founded as Shanghai Tug and Lighter Limitedin 1857 in Shanghaiby St. Stephen, New Brunswickborn Captain Thomas Wheelock. [ [http://www.thehardoons.com/TNG/histories/kwok.pdf Conclusion ] ] G.E. Marden founded Marden and Company in 1927 and merged with Thomas Wheelock's tug company to form Wheelock and Marden Company Limited in 1927. The new company operated other ships and later moved their operations to Hong Kongfollowing World War II. The new company diversified from transportation to custom's clearing, container delivery, warehousing and travelling. Marden's son John L. Marden was once the head of the company. It was acquired by local tycoon Yue-Kong Paoin 1985.
Today's Wheelock and Company is a holding company with principal interests in real estate in Hong Kong, Singapore, China, and the UK. The firm develops hotels, housing, and shopping centers through primary subsidiary Wharf Holdings (of which Wheelock owns nearly half), as well as Wheelock Properties (more than 70%-owned). In addition to its property holdings, Wharf has interests in
cable television, Internet access, and telecommunicationsproviders in Hong Kong. Wharf also owns more than two-thirds of Modern Terminals, a shippingterminal operator in southern China.
The chairman is Peter K. C. Woo.
Its major competitors are
Cheung Kong HoldingsLimited, CITIC PacificLtd., Sun Hung KaiProperties Limited.
* [http://www.wheelock-company.com/ Company web site]
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