Wheelock and Co

Wheelock and Co is a Hong Kong-based company that is primarily involved in property investment, property development, property management and agency, and investment holding. It is also involved in the distribution and retail businesses, including Lane Crawford, Joyce and City'Super, with operations in Hong Kong, the British Virgin Islands, the People's Republic of China and Singapore.

Business climate getting bad, says Peter Woo

Wheelock and Co chairman Peter Woo (left) says he was given the opportunity when he was 36 years old and now, it is time for his son Douglas Woo (right). Photo: K.Y. Cheng

The business environment for companies in Hong Kong is deteriorating, says Wheelock and Co chairman Peter Woo Kwong-ching. His remarks came against a backdrop of tighter property regulations, rising operating costs and changing political conditions.

Saturday, 8 June, 2013, 3:39am 2 comments

Wheelock names Woo's son managing director

Douglas Woo Chun-kuen

Property and logistics conglomerate Wheelock and Co is the latest company to see a potential successor joining the board. Douglas Woo Chun-kuen, the 35-year-old son of chairman Peter Woo Kwong-ching, will become a director and managing director from July 1.

3 Jun 2013 - 3:32am

Wheelock's underlying profit falls 6.49pc

Wheelock and Co, Peter Woo Kwong-ching's flagship conglomerate, said its underlying full-year profit declined 6.49 per cent due to lower property sales and a decline in gains from the disposal of long-term investments.

The property-to-telecommunications company said underlying profit in the year to March slid to HK$2.99 billion from HK$3.2 billion a year earlier.

15 Jun 2007 - 12:00am

Wheelock net up 23.7pc on disposals

Developer posts $10.3b profit as asset sales offset drop in property revenue

Wheelock and Co said its earnings jumped 23.7 per cent as disposal of investments helped offset falling property sales.

28 Jun 2006 - 12:00am

Lane Crawford House sale scrapped

Wheelock decides to develop site into prime office-retail complex due to low bids

Wheelock and Co has scrapped plans to sell Lane Crawford House in Central and will instead redevelop the 28-year-old building into a prime office and retail complex.

20 Sep 2005 - 12:00am

Wheelock mulls launching of reit

Wheelock and Co chairman Peter Woo Kwong-ching says the company will consider launching a real estate investment trust.

Before making the decision, Mr Woo said the company would decide which assets would be suitable for the portfolio.

16 Aug 2005 - 12:00am

Wheelock: no 'camera'

A REPORT that a surveillance camera was mounted in its premises and being trained on the offices of Cheung Kong was denied yesterday by Wheelock and Co.

The company said the device, later identified as a Yagi optical receiver, was used for picking up a real-time data feed from the Hong Kong Stock Exchange.

5 Feb 1994 - 12:00am

Wheelock warrants issue

ROBERT Fleming & Co intends to issue up to 50 million call warrants on Wheelock and Co.

The warrants will be issued initially at $4.15 each and entitle the holder to buy shares in Wheelock by the end of 1995.

Each warrant gives the holder the right initially to purchase one Wheelock share at the exercise price of $17.40.

6 Dec 1993 - 12:00am