21 May, 2008
Mr Kwong assumes the role from outgoing MBFC GM David Martin, who will move to Hong Kong. Mr Kwong thanked Mr Martin on behalf of the joint venture of Cheung Kong (Holdings)/Hutchison Whampoa, Hongkong Land and Keppel Land, for his contribution over the past four years.
Prior to his appointment as General Manager for MBFC, Mr Kwong was most recently Senior Asset Manager, Commercial Property for Hongkong Land Limited, a role which included managing the company’s interests in key developments in Hong Kong. From 1998 to June 2006, he held a range of management positions across the Jardine Matheson Group.
“MBFC is shaping up to redefine the Central Business District in Singapore by adding another 2.92 million square feet of office space, 649 new residential apartments and more than 118,000 square feet of new shopping and dining pleasures. A project of this magnitude relies on the interaction of many parties, including MBFC’s strong team and I look forward to working with all the parties involved,” Mr Kwong said.
“David Martin led a team that has given Marina Bay Financial Centre a very strong start and guided the project through its initial phases of land tendering, design, and planning and has also made strong progress on leasing to date,” Mr Kwong said.
“I look forward to maintaining the excellent progress on the project to date and to delivering on the vision of the Marina Bay Financial Centre as a centre of business and financial excellence, not just for Singapore, but for the region and globally,” Mr Kwong said.
For information, please contact:
Marina Bay Financial Centre
Piet de Jong
Baldwin Boyle Shand Limited
DID: (65) 6230 5117 ● HP: (65) 9830 7311
Email: piet.dejong@bbspr.com.sg
About Marina Bay Financial Centre
Marina Bay Financial Centre is being developed by a joint venture by three of Asia’s most experienced and trusted property developers – Cheung Kong (Holdings)/Hutchison Whampoa, Hongkong Land and Keppel Land.
The Consortium will manage the development of the prime waterfront 35,500 square metre site in the heart of Singapore’s new downtown, including best-in-class office space, high-end residences and complementary retail and recreational facilities. The same joint venture partners developed the adjacent One Raffles Quay, now tenanted by leading global financial institutions.
About Cheung Kong (Holdings)/Hutchison Whampoa Limited
Cheung Kong (Holdings) Limited is a property development and strategic investment company based in Hong Kong. It is one of the largest property developers in Hong Kong, having developed about one in twelve private residences in the territory. The company also owns a large portfolio of commercial, residential and industrial premises in Hong Kong, and is a major developer of the Central District.
In Singapore, Cheung Kong’s residential property portfolio includes Cairnhill Crest, an oasis of tranquility ensconced in prime district 9, and Costa del Sol, a prestigious east coast marine-themed development.
In terms of commercial property, the Company developed One Raffles Quay in its first joint venture with Keppel Land and Hongkong Land in Singapore. Cheung Kong is a substantial unit holder in Fortune REIT – which holds eleven retail malls in Hong Kong and was listed on The Singapore Exchange in August 2003 – with a 26.92% stake.
About Hongkong Land
Hongkong Land is one of Asia’s leading property investment, management and development groups. Founded in Hong Kong in 1889, the Group has business interests across the region. Hongkong Land’s business is built on partnership, integrity and excellence.
In Hong Kong, the Group owns and manages some five million sq. ft of prime commercial space that defines the heart of the Central Business District. In Singapore, it is helping to create the city-state’s new Central Business District with the expansion of its joint venture portfolio of new developments. Hongkong Land’s properties in these and other Asian centres are recognised as market leaders and house the world’s foremost financial, business and luxury retail names.
Hongkong Land also develops premium residential properties in a number of cities in the region, not least in Singapore where its 77%-owned listed affiliate, MCL Land, is a significant developer.
Hongkong Land Holdings Limited is incorporated in Bermuda. Its primary listing is in London, and its shares are also listed in Bermuda and Singapore. The Group’s assets and investments are managed from Hong Kong by Hongkong Land Limited. Hongkong Land is a member of the Jardine Matheson Group.
About Keppel Land Limited
Keppel Land Limited is the property arm of the Keppel Group, one of Singapore’s largest multi-national groups. The Company is one of the largest property companies by total assets on the Singapore Exchange.
As an established developer of premier residential properties and investment-grade commercial properties, it is geographically diversified across 11 countries in Asia Pacific.
Keppel Land is a major office landlord with a quality portfolio of prime office towers located mostly in Singapore’s Central Business District.