| Description |
The Company was incorporated in 1963 under the name of Sim Lim Investments
Limited. In November 1989, Summa Surya International Limited acquired a
majority interest in the Company and changed it to Summa Investments Limited in
1990. It changed its name to Seapower Asia Investments Limited in 1994. In
the same year later, the Company was acquired by the Pacific Century Group and
changed to its present name.
The Companys primary holdings include PCCW Limited and Pacific Century
Insurance Holdings Limited, both of which are listed on The Stock Exchange of
Hong Kong Limited. The Company is also active in property investment and
development and power generation.
In February 2000, PCCW bought over Cable & Wireless 54 percent stake in
Hongkong Telecom for around US$38 billion, one of Asias largest corporate
takeovers ever.
Currently, the Group has property development projects in India (Fort House and
Golden Greens Golf & Resorts), Singapore (Holt Road and The Clayton), Hong Kong
(Cyberport), China (Pacific Century Place in Beijing, Shanghai Underground
Parkade and Gao Yao Power Plant, Guangdong) and Vietnam (Chancery Saigon
Hotel).
Additional info from SGX:
The Company was incorporated in 1963 under the name of Sim Lim Investments
Limited. In November 1989, Summa Surya International Limited acquired a
majority interest in the Company and changed it to Summa Investments Limited in
1990. It changed its name to Seapower Asia Investments Limited in 1994. In
the same year later, the Company was acquired by the Pacific Century Group and
changed to its present name.
The Companys primary holdings include PCCW Limited and Pacific Century
Insurance Holdings Limited, both of which are listed on The Stock Exchange of
Hong Kong Limited. The Company is also active in property investment and
development and power generation.
In February 2000, PCCW bought over Cable & Wireless 54 percent stake in
Hongkong Telecom for around US$38 billion, one of Asias largest corporate
takeovers ever.
Currently, the Group has property development projects in India (Fort House and
Golden Greens Golf & Resorts), Singapore (Holt Road and The Clayton), Hong Kong
(Cyberport), China (Pacific Century Place in Beijing, Shanghai Underground
Parkade and Gao Yao Power Plant, Guangdong) and Vietnam (Chancery Saigon
Hotel).
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