Press Releases

(Hong Kong – 27 February 2008) The result of the “Vote for the Ten Most Significant News of the HKSAR Government 2007" sponsored solely by K. Wah International Holdings Limited (“KWIH”, stock code: 173) was announced today at the Hong Kong Convention and Exhibition Centre where voters were presented prizes for their winning choices. The Hon Donald Tsang, Chief Executive of the HKSAR, Mr Gao Siren, Director of the Liaison Office of the Central People’s Government in the HKSAR, Mr Li Gang, Deputy Director of the Liaison Office of the Central People’s government in the HKSAR and Dr Che-woo Lui, Chairman of KWIH, were special guests at the event.

   

(From left) The Hon Donald Tsang, Chief Executive of the HKSAR, and Dr Che-woo Lui, Chairman of KWIH, present the top prize to the winner.

Commanded a sponsorship of HK$1.5 million from KWIH this year, the annual event was organized by 23 media organizations with the support of 44 other organizations and participation of 122 schools in Hong Kong. Students and members of the public were invited to cast their votes for the top 10 events from a list of 20. The merger of MTR and KCR and the subsequent fare reduction took the first spot scoring 80,000 votes. Among the more than 130,000 voters, 235 received prizes.   

Dr Che-woo Lui, Chairman of KWIH, said, “Care for community and fulfillment of social responsibility form a core part of KWIH’s corporate culture. The annual event is a meaningful civic education initiative in the sense that it promotes communication and interaction between the government and the public. The overwhelming response is a testament of an increasing sense of belonging to the community among Hong Kong people. KWIH will continue to contribute to fostering a caring spirit among all members of the society and the unity of Hong Kong.”

To further enhance the civic awareness, the Ten Most Significant News of the HKSAR Government will be published in a commemorative booklet for free distribution to schools and universities, and showcased in a roving exhibition across Hong Kong.

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About K. Wah International Holdings Limited (stock code: 173)

Listed on the Stock Exchange of Hong Kong in 1987, the Group is principally engaged in high quality property development and investment in Hong Kong and Mainland China. The Group's vision is to become an integrated property developer and investor in the Greater China region. The Group won Business Superbrands Awards and Business High Flyer in 2006, a testimony to its superb quality in property development and vigorous business growth.  Precise marketing position and sales strategies boosted sales performance over the year. Three residential projects, namely The Great Hill in mid-level of Shatin south, J Residence on Johnston Road in Wanchai as well as Shanghai Westwood registered remarkable sales results.  .

Company website: http://www.kwih.com

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