Swire Group, whose activities span property, aviation, beverages, marine services, and trading and industrial, is a Hong Kong listed conglomerate. It is the parent of Hong Kong carrier, Cathay Pacific Airways, and Dragonair, and Hong Kong Aircraft Engineering Co (Haeco) is a subsidiary. Swire Pacific and Swire Properties are the main listed arms of the group, which also owns Swire Hotels.
Second brewery planned
CARLSBERG Brewery Hong Kong, 39.2 per cent owned by Swire Pacific, is to set up a second brewery in China.
The brewery, in Shanghai's Songjiang Economic & Development zone, will be 80 per cent owned by Carlsberg with the rest going to Songjiang Economic & Technical Developing & Construction General Co.
The estimated investment is US$50 million and the initial capacity is 500,000 hectolitres. It will begin operation by January 1998.