China Overseas Land and Investment Limited

China Overseas Land and Investment Limited
中國海外發展有限公司
State-owned enterprise (Red chip)
Industry Real estate
Founded 1979
Headquarters Hong Kong, People's Republic of China
Area served
 People's Republic of China, Hong Kong
Key people
 Chairman: Mr. Kong Qingping
Parent China State Construction Engineering Corporation
Website coli.com.hk/En/index.aspx

China Overseas Land and Investment Limited (SEHK: 688) (Traditional Chinese:中國海外發展有限公司, Simplified Chinese: 中国海外发展有限公司), "China Overseas" or "COLI" in short form and the subsidiary of China State Construction Engineering Corporation, was incorporated in Hong Kong in June 1979. It is engaged in construction and contracting, property development and infrastructure investment, with operations currently in Hong Kong, Macau and Mainland China.[1]

China Overseas was listed in the Hong Kong Stock Exchange as a red chip stock in August 1992.

In July 2005, it spun off its construction business and formed China State Construction International Holdings Limited ("CSCI"), which was listed on the Hong Kong Stock Exchange.

On 10 December 2007, it was selected to be a Hang Seng Index Constituent Stock (blue chip).

Business areas

China Overseas Land and Investment operates in four segments: property development, which is engaged in the development and sales of properties; property investment, which is engaged in property letting; infrastructure, which is engaged in the investments in entities undertaking toll highways, and other operations, which is engaged in property management, property agency, logistics operations, building design consultancy services, supply of heat and electricity and securities trading.

China Overseas Land and Investment’s property development, property investment and other activities are carried out in Hong Kong, Macau and regions in the Peoples Republic of China other than Hong Kong and Macau. All infrastructure project investments are located in the Peoples Republic of China. On November 28, 2008, the Company disposed Value Idea Investments Limited.

See also

References

  1. ↑ "Company Profile | Reuters.co.uk". uk.reuters.com. Retrieved 14 September 2012.

External links

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