Corporate
Development

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History

Far East Global Group (refer as FEGG) was established at 1969 in Hong Kong and re-listed on the Hong Kong Exchange and Clearing Limited, stock code as 830. In March of 2012, FEGG was successfully acquired by China State Construction International Holdings Limited (refer as 3311) and officially became a member of China Overseas Holdings Limited (refer as COHL), under China State Construction Engineering (refer as CSCEC).

CSCEC was established formally through the State Council of the People’s Republic of China. It is an investment and construction group which has China’s longest professional development, earliest marketing management, highest degree of integration, and ranked No.1 in the world, as well as the only country-owned key corporate which is managed by the Chinese government within the construction field. CSCEC’s business spreads all over the country and over a hundred countries/regions overseas, including: construction, investment, research design and etc. It is the greatest Chinese real estate corporate, building contractor, cross-regional construction corporate of a developing country and residential construction contractor. CSCEC has always been the best China’s international construction contractor, it is currently ranked 24th in the world’s top 500 corporates.

COHL was established in June of 1979 in Hong Kong under CSCEC, it is an important platform of CSCES’s business in Hong Kong. Its business includes: Construction contracting, real estate development and sales, property investment, urban planning, architectural design and etc. As of December 31, 2016, COHL’s total assets worth 582.2 billion CNY and has 5 listed subsidiaries: China Overseas Land and Investment Limited (00688.hk), 3311 (03311.hk), China Overseas Property Holdings Limited (02669.hk), China Overseas Grand Oceans Group Limited (00081.hk) and Far East Global Group Limited (00830.hk). It’s “China Overseas Properties” brand (worth about 51.9 billion CNY) has been selected as “China’s Leading Brand of the Real Estate Industry” and “China’s Talented Property Enterprise”, at the same time, it was also rewarded “China’s Top 50 of Real Estate Development Brand” and etc.

3311 was established in 1979 in Hong Kong and mainly focuses on building construction and civil engineering, including peripheral operations such as foundation works, site survey, electromechanical engineering, highway and bridge works, concrete production, concrete prefabrication and infrastructure investment. 3311 holds the highest construction licenses (License C) in five categories, which allow the corporate to submit unlimited tender in construction of public buildings, harbor works, roads and drainage, site development and water works. It is also one of the best NW2 contractors of Hong Kong Housing Authority. Over the past 30 years, more than 1,000 projects have been completed internationally and awarded the “Greatest Contractor in Hong Kong and Macau” for 15 consecutive years. At the moment, 3311 has been actively undertaking infrastructure investment and public housing, the entire investment worth 100 billion CNY, which becomes another core business besides its contracting business. The company has been developing three business platform: Hong Kong and Macau, Mainland China and overseas. Over years, 3311 has won many awards: the “National Science and Technology Progress Award”, “Tien-yow Jeme Civil Engineering Prize”, “Construction Industry Safety Award Scheme (Building Site Public Sector) Gold Prize”, “Considerate Contractors Site Award”, “Contractor with the Lowest Accidental Rate”, “Safety Management System Bronze Award”, “Hong Kong’s Top Ten Contractors Award”, as well as several times of “Construction Managers” awards.

FEGG provide one-stop curtain wall and construction’s exterior solutions specifically for high-end property projects. For the past 48 years since it has been established (based in both Mainland China and Hong Kong), the company has successfully entered the United Kingdom, United States, Canada, Dubai, Singapore, Japan, Australia, Chile and other overseas markets with the business spirit of “best quality, on time, safety first and eco-friendly” and developed to an internationally well-known curtain wall corporate at the same time. While ensuring our traditional curtain wall business continue on its steady development, we also actively explore and make a breakthrough on our unique general contracting business and new investment business. In March of 2014, the company has successfully acquired Treasure Construction Engineering Limited (refer as Treasure), to assist Hong Kong and overseas’ unique general contracting business. For our new business’s development, the company has been initiative to integrate and carry out three of the national strategies after the 18th National Congress of the Communist Part of China, to “ensure citizen’s benefit first”, then form a think tank union, investment union and industry union, to provide a lifetime recourse’s service based on customers’ demand.

FEGG obtained the qualification of “Grade A Engineering Design Certification” and “Certificate of professional Grade of Building Curtain Wall Project”. From tender, design, procurement, production, logistics and installation, each link is focused on service and quality to ensure our products reach international construction’s top performance. FEGG’s core crew is formed by experts from Hong Kong, Mainland China and overseas. Based on advanced technology and excellent construction management, we created countless successful cases internationally, such as: Burj Khalifa - the world’s tallest building, Torre Gran Costanera – the South American’s tallest building, the Macau MGM Hotel, the Hong Kong Kai Tak Cruise Terminal, the Skyplaza of Hong Kong International Airport, the Hong Kong Children’s Hospital and etc. as the outstanding representative landmark series. For the Shanghai IFC, One Shenzhen Bay, the Hong Kong Times Square, the Hong Kong Two Pacific Place, the Hong Kong Langham Place and etc. as the superior commercial building series. For the Las Vegas Cosmopolitan, Conrad Hong Kong, Kerry Hotel Hong Kong, Sands Macau, the Macau The 13, the Macau Wynn Place and etc. as the impressive hotel series. For the Hong Kong One Kai Tak, the Hong Kong Mount Parker Residences, the Hong Kong Napa, the Hong Kong The Bloomsway and etc. as the well-known high-end residential project series. For the Beijing Wangfujing Apple Store, the Shanghai IFC Apple Store, the Hong Kong IFC Apple Store and etc. as the leading Apple Store series. For the Canada Trump International Hotel, the Canada National Museum of Fine Arts of Quebec, the Miami International Airport, the MGM National Harbor Hotel, the Dubai Renaissance Downtown Hotel, the Singapore Marina Bay Sands and etc. as the finest overseas projects series.

In order to meet the quick development of our business, FEGG sets up 5 production centers with 17 production lines in Shenzhen, Shanghai, Buffalo, Miami and Quebec City. The daily production rate at 540 pieces of standard units and the annual curtain wall production rate at 850,000 square meters. Over the years, the company’s efficient management and high quality productions have been repeatedly recognized by the industry and awarded “New Technology Corporate”, “The 2012 National Constructive Decoration Award”, “The 2016 China’s Top 100 Constructive Decoration Corporate”, “The 2017 Shanghai Labor Award” and etc.

The company has always been taking its social responsibilities and adhering to sustainable development. We build up the “Far East Caring” social welfare brand and has been actively participated in many environmental protection activities in Mainland China, Hong Kong and Macau to enhance corporate culture and social value. With all our hard work that we put toward our community, FEGG has been awarded “Caring Company” label by The Hong Kong Council of Social Service, “Green Office” by World Green Office, “Better World Company” by JCI Hong Kong and etc.

Looking forward to the future, FEGG will continually carry out the corporate spirit of “caring communion, hard working, active, strict demanding and self dedication”. To ensure customers’ satisfaction, employees’ care, reward our shareholders, support the community, to build an outstanding corporate brand with high quality products and services.


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