Originally known as The Hong Kong and Kowloon Wharf and Godown Company, Ltd, The Wharf Holdings Ltd was founded in 1886 and used to run wharfage and dockside warehousing. The company adopted its current name in 1986. Its major shareholder is Wheelock & Co. The company owns the iconic Star Ferry, two major flagship properties in the Harbour City and Times Square shopping centres in Hong Kong. Both owe their origins to Wharf’s transportation heritage, being built on the site of the company's original wharf, and on the site of the original depot of the Hong Kong Tramway, a former subsidiary. Wharf’s other holdings in Hong Kong include i-CABLE, Cable TV and Wharf T&T, and Modern Terminals.The company also holds many properties in the Tsim Sha Tsui area of Kowloon.
Wharf Holdings also owns operations and residential developments in Singapore through its Wheelock Properties subsidiary. Such properties include Wheelock Place and the former Seaview Hotel.
Briefs, November 16, 2012
Beijing slashes ceiling on retail petrol prices
The central government cut the ceiling on retail petrol prices by 310 yuan a tonne and diesel prices by 300 yuan a tonne, effective yesterday. While different regions have slightly different prices, the cuts represent a 3.1 per cent fall in petrol prices and a 3.2 per cent reduction in the price of diesel in Beijing. The cuts were in line with market expectations. Eric Ng
Wharf wins Dalian plot with HK$2.5b bid
The Wharf (Holdings) won a bid on Wednesday for an 85,700 square metre plot in Dalian, Liaoning province, for 2.03 billion yuan (HK$2.5 billion). Greentown China announced Wharf and Greentown have formed a joint venture, 60 per cent owned by Wharf and 40 per cent by Greentown, to develop the land. Wharf owns 24.6 per cent of Greentown. Toh Han Shih