Hysan Development Company Limited
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[edit] Brief History
Hysan Development Company Limited(SEHK: 0014,OTCBB: HYSNY) Established in the 1920s by Lee Hysan and the Lee family, as a property investment, development and management company. The company began when Lee Hysan first acquired Jardine's Hill property in 1923 and other plots of land around "east point" (now modern day Causeway Bay). "East point" in the colonial times primarily contained residential areas, with some offices dedicated to a British trading company. The development of the Jardine's Hill property to an entertainment ground, the modern day Lee Garden and the following construction of the Lee Theatre (built initially as a Chinese opera venue, as well as other stage performances) set the trend for the continual renewal and development of Causeway Bay. Modern Causeway Bay is now a major commercial and retail hub, and major property assets under Hysan Development Company include the original Lee Gardens, the Lee Theatre plaza, the Lee Gardens two and Sunning Plaza. The company was incorporated and listed on the Hong Kong Stock Exchange in 1981, then owning five major developments in Causeway Bay. This has increased as Hysan has grown to become one of the leading property investment, development and management companies in Hong Kong. The Company's office, retail and residential portfolio is currently at over 4,700,000 square feet (437,000 m²). The Company's assets are predominantly based in Causeway Bay, and Hysan is the largest commercial landlord there.
[edit] Directors
Currently, the chairman of the board of Directors is Peter Ting Chang Lee who is a member of the founding Lee family. The board maintains 11 to 12 directors, and details about each can be found in the company's website: Hysan Development Company Limited
[edit] Share Listing
Hysan shares are listed on The Stock Exchange of Hong Kong Limited (HKEx). Its shares are also traded through over-the-counter facilities in London. In addition, it has a sponsored American Depositary Receipts (ADR) programme in the New York market.
HKEx Stock Code: 00014
Bloomberg: 14HK
Reuters: 0014.HK
Ticket Symbol for ADR Code: HYSNY
CUSIP Reference Number: 449162304
