Press Releases

28 March 2024 KWIH Announces 2023 Annual Results
Core Business Remains Solid
5 February 2024 K. Wah Group Sponsors Hong Kong Palace Museum Volunteer Programme for Second Consecutive Year
Dedicated to the Promotion of Chinese Culture
5 January 2024 KWIH Closes a HK$4 Billion
Revolving Credit and Term Loan Facility with Extension Options
23 August 2023 KWIH Announces 2023 Interim Results
* * * * *
Core Business Remains Solid
Interim Dividend Maintained at 7 HK Cents per Share
22 March 2023 KWIH Announces 2022 Annual Results
Profit Attributable to Equity Holders Reaches HK$1,370 Million
* * * * *
Total Attributable Contracted Sales
Achieving Another Record High at HK$18.8 Billion
Underpinning Solid Future Profitability
15 November 2022 K. Wah Group Sponsors Hong Kong Palace Museum Volunteer Programme
Committed to Promoting Chinese Culture and Dialogue among World Civilisations
25 October 2022 KWIH Closes a Total of HK$8 Billion
4-Year and 5-Year Sustainability-linked Loan
24 August 2022 KWIH Announces 2022 Interim Results
Profit Attributable to Equity Holders Increased 39% to HK$1,081 Million
* * * *
Total Attributable Contracted Sales in 1H 2022 Reaches HK$12.4 Billion
Underpinning Solid Future Profitability
22 March 2022 KWIH Announces 2021 Annual Results
Total Attributable Contracted Sales Exceeds HK$14.3 billion
Underlying Profit Reaches HK$2.9 billion
23 February 2022 KWIH Donates COVID Test Kits and Provides Accommodation to Tung Wah Group of Hospitals
to Support the Healthcare Sector
18 October 2021 KWIH Closes a Total of HK$8 Billion

4-Year and 5-Year Revolving Credit and Term Loan Facility
24 August 2021 KWIH Announces 2021 Interim Results
Total Attributable Contracted Sales to be Recognised
Reaches HK$17.4 Billion
* * * * *
Laying a Solid Foundation for Future Profit
5 August 2021 KWIH organizes Mainland Workplace Culture Sharing Session
***
Attracts over 100 Hong Kong Youth to Explore New Career Opportunities in the Greater Bay Area
26 July 2021 KWIH Donates HK$5 Million to Support Flood Relief Efforts in Henan
* * *
Following The Donation of MOP10 Million by
Galaxy Entertainment Group
K. Wah Group has donated nearly HK$15 Million
2 July 2021 KWIH to Launch "K. Wah Cares" Vaccination Incentive Campaign on 6 July 11 June 2021 KWIH Launches "K. Wah Cares" Vaccination Incentive Campaign
***
Offering Hotel Dining Vouchers and Supporting the Underprivileged
in Fight Against COVID-19
To Encourage Citizens to Get Vaccinated
24 May 2021 KWIH Secures RMB 500 million Green Loan
from OCBC Wing Hang Bank China
23 March 2021 KWIH Announces 2020 Annual Results
Underlying Profit Increased by 12% to HK$3.5 billion
Dividend for the Year Increased by 5%
* * * * *
Total Attributable Contracted Sales to be Recognised Reaches HK$10.5 billion
Laying a Solid Foundation for Future Profit
9 September 2020 嘉華國際與招商蛇口舉行戰略合作簽約儀式 (Available in Chinese only) 20 August 2020 KWIH Announces 2020 Interim Results
Underlying Profit Increased by 85% to HK$2.7 billion
Interim Dividend Increased by 17%
* * * * *
Ample Saleable Resources
Laying Solid Foundation for Future Profit
8 June 2020 KWIH is Committed to Promoting Positivity
*****
Home Disinfection Services Free for
Over 120 Solitary Elderly Households
30 March 2020 Care for the Underprivileged
KWIH Supports Tung Wah Group of Hospital in Setting Up Local Mask Factory
24 March 2020 KWIH Announces 2019 Annual Results
Underlying Profit Grows 5% to HK$3.16 billion
* * * * *
Total Attributable Contracted Sales to Be Booked Exceeds HK$10 billion
Laying a Solid Foundation for its Profit in the Future
28 October 2019 「藝術萬化,靈感可嘉」
嘉華國際精緻藝術生活街區嘉御里揭開序幕 (Available in Chinese only)
15 October 2019 KWIH Title Sponsors the Stage of Verdi's Masterpiece Rigoletto in Hong Kong
* * * * *
Strives to Promote Appreciation of Opera in Hong Kong and
Foster Local Art and Cultural Heritage
20 August 2019 KWIH Announces 2019 Interim Results
Underlying Profit Increased to HK$1.48 billion
* * * * *
Total Attributable Contracted Sales of HK$13.6 billion To Be Recognised
Providing Solid Foundation for Future Profitability
20 March 2019 KWIH Announces 2018 Annual Results
Underlying Profit Grew 19% to HK$3.0 billion
* * * * *
Attributable Contracted Sales Exceeded HK$10 billion for Four Consecutive Years
Underpinning Solid Future Profitability
10 October 2018 KWIH Title Sponsors the Premiere of Puccini's Last Masterpiece, Turandot, in Hong Kong
***
Best endeavour to promote local arts and cultural development
Continues commitment to nurture the new generation of opera lovers
22 August 2018 KWIH Announces 2018 Interim Results
Record Attributable Contracted Sales To Be Recognised of HK$18.5 Billion
Providing Solid Base for Future Profitability
* * * * *
Increased 20% in Interim Dividend to 6 HK Cents Per Share
Showing Confidence in Business Development
18 May 2018 KWIH Spares No Efforts in Sponsoring Local Arts Programmes and Promoting Arts development
Collaborates Again with Opera Hong Kong and Le French May this Year
to Present the Opera Classic Bizet's Carmen in Hong Kong
14 May 2018 KWIH Garners "Award for Arts Sponsorship" at Hong Kong Arts Development Awards 2017 from Hong Kong Arts Development Council in Recognition of its Dedicated Efforts in Sponsoring Local Arts Programmes and Promoting Arts development 20 March 2018 KWIH Announces 2017 Annual Results
Profit Attributable to Shareholders Grew 23% to HK$3.9 billion
* * * * *
Attributable Contracted Sales Exceeded HK$10 billion for Three Consecutive Years
Underpinning Solid Future Profitability
22 January 2018 K. Wah International Closes HK$7 Billion 5-Year Revolving Credit and Term Loan Facility 16 January 2018 KWIH Acquired Six Premium Land Parcels for HK$10 Billion in 2017
Adding More Than 420,000 sqm to its Land Bank
6 January 2018 "嘉華匯城盃"花都區中小學足球精英賽圓滿落幕
促進團隊精神 促進團隊精神
(Available in Chinese only)
25 November 2017 嘉華國際冠名贊助
"嘉華嘉匯城杯"花都區中小學足球精英賽正式展開
促進團隊精神 推動區內體育發展 (Available in Chinese only)
10 October 2017 KWIH Title Sponsors Premiere of Aïda
- Four-act Opera Classic Composed by Giuseppe Verdi ***
Enjoys with Political and Business Luminaries
Jointly Promote Development of Arts in Hong Kong
1 September 2017 HKU Department of Real Estate and Construction launches
Industry X Academic Exchange Programme to nurture future industry leaders
with K. Wah as its first partner
23 August 2017 KWIH Announces 2017 Interim Results
Profit Attributable to Shareholders Grew 14% to HK$2.2 Billion
Interim Dividend of 5 HK Cents Per Share
* * * * *
Attributable Contracted Sales Reached HK$10.3 Billion in 1H 2017
Underpinning Future Profit
26 June 2017 中港兩地攜手以藝術慶祝香港特別行政區成立二十周年
天地人和穗港名家書畫聯展
(Available in Chinese only)
7 May 2017 KWIH Title Sponsors The Barber of Seville Premiere
Opera Buffa in Two Acts Presented by Opera Hong Kong A Debut Show for HKSAR's 20th Anniversary Celebration
21 March 2017 KWIH Announces 2016 Annual Results
Underlying Profit Surged 113% to HK$2.8 billion
* * * * *
Attributable Contracted Sales Exceeded HK$10 Billion for Two Consecutive Years
Underpin Future Profit
5 February 2017 K. Wah International Closes
HK$8 Billion 5-Year Revolving Credit and Term Loan Facility
27 October 2016 KWIH Makes Donation to Jia Hui Cheng School
Establishes "K.Wah Education Fund" to Promote Sustainable Development of Education
16 October 2016 KWIH Devotedly Supports Opera Hong Kong
In the New Production of Shakespeare's Four-act Masterpiece Otello
***
Continues to Promote Development of the Arts in Hong Kong
3 October 2016 LUI Che Woo Prize - Prize for World Civilisation
Inaugural Prize Presentation Ceremony
22 September 2016 香港嘉華集團穩健布局長三角地區
南京房地産市場首秀嘉譽山項目 優質精品 倍受市場讚譽
(Available in Chinese only)
22 August 2016 KWIH Announces 2016 Interim Results
Underlying Profit Surged 276% to HK$1.8 Billion
* * * * *
Continues to Launch New Projects in Hong Kong and
Mainland China in the Second Half of the Year
24 June 2016 Dr Lui Che-woo Chairman of K. Wah Group visits Peking University
to share his over 70 years of life experience in transcending difficulties and great aspiration of promoting world civilisation
13 May 2016 KWIH Garners Quam IR Awards 2015 - Main Board Category 23 March 2016 KWIH 2015 Underlying Profit Rose 95% to HK$1.3 Billion
Total DPS Increased to 17 HK Cents
Record Attributable Contracted Sales of HK$13.5 Billion
Underpins Future Profit
10 December 2015 60th Anniversary of K. Wah Group
Pledging HK$18 million to Support CUHK and UNICEF
Lui Che-woo Autobiography Launches to Share his Entrepreneurial Spirits
25 August 2015 KWIH 2015 Interim Profit Increased 150% to HK$534 Million Attributable Contracted Sales Surged 5 Times to Approximately HK$8,700 Million in the First Half of the Year 20 July 2015 KWIH Luxury Residences The Palace and Grand Summit in Shanghai City Centre
Sold Over 160 Units at Record High Prices
14 July 2015 關於慎防不法份子冒名詐騙的聲明啟事
(Available in Chinese only)
2 June 2015 主席「嘉」書
(呂志和博士于2015年6月2日致員工函)
珍惜新機遇 邁向新里程
(Available in Chinese only)
8 May 2015 KWIH Title Sponsors Today's Performance of
the Famous Operetta The Land of Smiles
at the Hong Kong Cultural Centre
* * *
Actively Boosts Business Growth
while Promoting Development of Local Arts
26 March 2015 KWIH Announces 2014 Annual Results Profit Attributable to Equity Holders Amounts to HK$1.8 Billion Dividend for the Year Maintains at 15 HK cents per Share *** Launching New Projects in Hong Kong and Mainland China This Year 22 March 2015 KWIH Garners "Best CFO in Hong Kong" in
Asia's Best Companies 2015 Poll by FinanceAsia
10 March 2015 K. Wah International Closes
HK$3,300 Million 5-Year Term Loan and
4-Year Revolving Credit Facility
25 February 2015 嘉華國際將軍澳南住宅項目「嘉悅TWIN PEAKS」
將軍澳區內獨特拱門雙子式設計 展示新角度時尚氣派 (Available in Chinese only)
27 October 2014 KWIH Participates in the 40th Sedan Chair Race To Raise Funds for Charities 17 October 2014 KWIH Super-Luxury Grand Summit - New Landmark in Jingan Nanjing West Rd CBD * * * HK Roadshow from 18 to 19 October 10 Panoramic View Premium Units from RMB21.3 Million Proudly Presents Stanford Residences 28 September 2014 KWIH's Annual Report 2013 Garners Silver Award under "Real Estate Integrated Development and Investment Category" at the International ARC Awards 7 September 2014 Grand Summit - The Perfect Combination of Prosperity and Tranquility with a Spectacular View All Your Own 27 August 2014 KWIH Cares for the Underprivileged and
Promotes Art and Cultural Development
* * *
Pay Visits to the Elderly to celebrate the Mid-Autumn Festival
Showcase of Youth Talents in Fiddler on the Roof Jr.
25 August 2014 KWIH Announces 2014 Interim Results
***
Core Business Remains Solid
Interim Dividend Maintained at 5 HK Cents Per Share Prime Project in Shanghai, Grand Summit, Poised for Launch
4 August 2014 KWIH Super-Luxury Project "Grand Summit" in Shanghai Sales Centre Officially Opens 29 June 2014 KWIH Donates Home Appliances To Promote Recycling and Waste Reduction 15 May 2014 KWIH Collaborates with St. James' Settlement To Visit Families in Sham Shui Po and Celebrate Mother's Day 9 May 2014 KWIH Sponsors 9 May Performance of Faust
Collaborates with Opera Hong Kong and Le French May To Promote Opera to Hong Kong Community
23 April 2014 KWIH Named "Manpower Developer"
in the 5th ERB Manpower Developer Award Scheme
***
Adopts Holistic Approach to Nurture Management Professionals
and Sustain Corporate Development
26 March 2014 KWIH Announces 2013 Annual Results
***
Quality Projects in Mainland China Receive Favourable Response
Profit Attributable to Equity Holders of the Company Reaches HK$1.6 Billion
Dividend for the Year Amounts to 15 HK cents per Share
24 March 2014 K. Wah International Closes
HK$3,980 Million 5-Year Term Loan and
4-Year Revolving Credit Facility
25 February 2014 KWIH Secures a Prime Residential Site in Kai Tak Development Area for HK$2.9388 Billion 26 January 2014 KWIH Strengthens Foothold in Pearl River Delta with
Another Successful Land Bidding in Shilong, Dongguan
29 October 2013 KWIH Secures Premium Land Parcels in Shanghai and Nanjing
Strengthens Foothold in Yangtze River Delta
17 October 2013 「深灣9號」19伙特色單位 今日公布價單及銷售安排 (Available in Chinese only) 15 October 2013 「深灣 9 號」公佈全新系列Marinella Ocean Collection 首度開放全新裝修「花園洋房」及「頂層複式」現樓單位 (Available in Chinese only) 3 October 2013 KWIH Supports "Waste No Food" Campaign by Friends of the Earth
Promote "Cherish Food" Message and
Foster Spirit of Mutual Aid in Community
16 September 2013 K. Wah International Closes HK$3,300 Million 5-Year Term Loan
and 3-Year Revolving Credit Facility
29 August 2013 KWIH Announces 2013 Interim Results
***
Positive Market Response to Quality Projects Launched in
Mainland China in the First Half Year
Attributable Contracted Sales Reaches HK$3.1 Billion
18 August 2013 KWIH as Honorary Patron of Opera Hong Kong
Presents Mozart's The Magic Flute Performance
for the graduation of the Summer School
28 May 2013 KWIH Honoured as One of Hong Kong's "Best Mid-Caps"
in Asia's Best Companies 2013 Poll by FinanceAsia
24 May 2013 KWIH Sponsors the Performance of "TheTales of Hoffmann" Co-presented by Opera Hong Kong and Le French May 12 April 2013 KWIH Presents Its Luxury Residential Portfolio in Shanghai
Exquisite French-style Residence "The Palace" Exhibits in Hong Kong
27 March 2013 KWIH Announces 2012 Annual Results
Profit Attributable to Equity Holders Surges 2.5 Times to Record High of HK$4.3 Billion
5 February 2013 KWIH Becomes Honorary Patron of Opera Hong Kong 20 November 2012 KWIH secures two premium residential sites
in Shanghai and Dongguan
4 September 2012 K. Wah International Closes
HK$2,800 Million 3-Year Syndicated Loan
28 August 2012 KWIH Announces 2012 Interim Results
Profit Attributable to Equity Holders Surges By 605%
23 July 2012 KWIH launches Upstream Park
A Large-scale Quality Commercial and Residential Project in Shanghai
Strong Sales on Debut with 220 Units Sold
23 May 2012 KWIH furthers green practices to support sustainable development
by joining "Earth Partner" Programme 2012-2013
26 April 2012 KWIH Announces Successful Pricing of
US$200 Million 5.375% Notes due 2017 issued under its
Medium Term Note Programme
20 April 2012 KWIH Announces US$1,000,000,000 Medium Term Note Issuance Programme 24 March 2012 KWIH proudly sponsors the inaugural performance
of "The Chinese Orphan" 《趙氏孤兒》
presented by Opera Hong Kong
22 March 2012 KWIH Announces 2011 Annual Results
Achieves Record High Revenue of HK$3.2 Billion
Profit Attributable to Equity Holders Surges over 5.4 Times to HK$1.24 Billion
19 February 2012 KWIH Staff Unites to Support
"New Territories Walk for Millions 2012" Embraces Strong Caring Spirit
18 October 2011 KWIH's Projects in Mainland China Reach the Harvest Stage
"The Palace" and "The Residence" in Shanghai Commence Sales
25 August 2011 KWIH Announces 2011 Interim Results
Profit Attributable to Equity Holders Surges 161% to HK$411,000,000
Prime Projects in Mainland China and Hong Kong Set to Launch at an Opportune
Time
29 June 2011 K. Wah International Holdings Limited Signs HK$1,470 million Term and Revolving
Credit Facilities
29 March 2011 KWIH Announces 2010 Annual Results
Profit Attributable to Equity Holders Reaches HK$193,000,000
13 November 2010 The Legend, Shanghai Westwood III Commences Grand Sales Today 12 November 2010 The Legend, Shanghai Westwood III, Gains Pre-sale Permit 29 October 2010 The Legend, Shanghai Westwood III Expects to Receive Pre-sale Permit Soon 25 October 2010 The Legend, Shanghai Westwood III,Holds the VIP Open Day and Mercedes-Benz
Exhibition
25 September 2010 KWIH Announces Upcoming Launches in Mainland China 24 August 2010 KWIH Announces 2010 Interim Results
Profit Attributable to Shareholders Reaches HK$155 million
Core Businesses Enjoy Steady Development
Projects in China and Hong Kong Progress as Scheduled
13 April 2010 KWIH Announces 2009 Annual Results
Profit Attributable to Shareholders Surges to HK$916,000,000
Launches Luxury Property Projects of 160,000 sqm
in Hong Kong, Shanghai and Guangzhou in 2010
7 January 2010 KWIH Acquired 2 Luxury Residential and Commercial Plots in Zhujiajiao, Qingpu District, Shanghai 5 November 2009 KWIH to launch exquisite units of Shanghai Westwood II this month
Show flats decorated by famed architect and interior designer Steve Leung
27 September 2009 KWIH's 2008 Annual Report Earns International ARC Awards 17 September 2009 KWIH Announces 2009 Interim Results 4 August 2009 KWIH Appoints Professor Poon Chung Kwong and Dr Moses Cheng Mo Chi as Directors 3 June 2009 KWIH to speed up property development in Yangtze River Delta and Pearl River
Delta regions Over 10 projects to be launched over the next few years
7 April 2009 KWIH Announces 2008 Annual Results
Core Business Remains Solid
15 March 2009 Third round sale of Shanghai Westwood II launched
150 units sold on first day
3 March 2009 KWIH sold 550 units in Shanghai Westwood II to date
Cashing in over HK$1 Billion
Special duplex units set for sale mid-this month
Transaction price estimated at above HK$20,000 per sqm
14 February 2009 Shanghai Westwood II Strong Sales Continue 11 February 2009 KWIH sold 370 units of Shanghai Westwood II 8 February 2009 Shanghai Westwood II Expects New Buyer Craze
with Sale of Additional Units Approved
20 January 2009 Shanghai Westwood Makes
"2008 Ten Most-preferred Property Projects in Shanghai"
Strong Sales Gains Industry Recognition
5 January 2009 KWIH Intends to Launch Sale of Shanghai Westwood II
Block 14 after Chinese New Year
Pending government approval for sale
Expects room for prices to move up by 5%
3 January 2009 Sales of Shanghai Westwood II of KWIH Continues to Gain Momentum
A total of 300 units sold since launch
2 January 2009 Special Large Units of Shanghai Westwood II Receive Overwhelming Response 1 January 2009 KWIH Sold 60 Special Large Units of Shanghai Westwood II
A total of 230 Units Snapped Up in One Week since Launch
Received Sales Proceeds of Approximately RMB380 Million
31 December 2008 Shanghai Westwood II Achieves Strong Sales
Larger Units to Open for Sale on New Year Day
First Batch of 15 Units at 2% Higher Price to Test the Market
28 December 2008 KWIH sold 180 units of Shanghai Westwood II in 3 days
Achieved sales proceeds of RMB280 million
26 December 2008 KWIH launched Shanghai Westwood II during Christmas amid a warming China
property market
Over 100 units sold on first day; more units released with average price 2- 3% higher
than kick off price
8 December 2008 PolyU names building after Dr Lui Che-woo 10 September 2008 KWIH Announces 2008 Interim Results
Achieves Profit Attributable To Shareholders of HK$251 Million
2 April 2008 KWIH 2007 Net Profit Surged by 10 Times to HK$2.45 Billion Projects in Mainland
and HK are progressing on schedule Set to fuel growth over the next three years
27 February 2008 KWIH sponsors "Vote for the Ten Most Significant News of the HKSAR Government
2007" Promotes public awareness in Hong Kong Affairs
11 October 2007 K. Wah disposes of 452,500,000 Galaxy Shares Receives total proceeds of HK$3.8
billion for future integrated property development
2 October 2007 K. Wah Internatioanl Signs HK$1.8 Billion Sydicated Loan 13 September 2007 KWIH announces 2007 interim results
Profit attributable to shareholders tripled to HK$439 million
24 April 2007 K. Wah Holds Ground Breaking Ceremony for Premium Integrated Property
Development Project in Huadu, Guangzhou
29 March 2007 K.Wah International Announces 2006 Annual Results Profit Attributable to
Shareholders Reaches HK$ 229,703,000
14 September 2006 KWIH announces 2006 interim results Profit attributable to shareholders reaches HK$108 million 6 September 2006 K. Wah International Signs K. Wah International Signs Revolving Credit/ Term Loan Facility 26 June 2006 K. Wah International Holdings Ltd. to launch Johnston Road project - "J Residence" soon 29 May 2006 Please visit the chinese version 18 May 2006 K. Wah Inernational Warns Against Fraudulent Website and Business Cards 15 May 2006 K. Wah International nets over RMB 300 million as market snaps up 270 Shanghai Westwood units during the Golden Week 30 March 2006 K. Wah International announces 2005 Annual Results Profit attributable to shareholders reaches HK$ 3.64 billion Realizes potential of core businesses
Creates shareholder value
19 July 2005 K. Wah Construction Materials and K. Wah International shareholders approve
KWCM's proposed acquisition of Macau's Galaxy Casino
19 April 2005 K. Wah Construction Materials moves to acquire Galaxy Casino in Macau 3 March 2005 K. Wah International Holdings Limited and K. Wah Construction Materials Limited
Announce 2004 Annual Results
8 September 2004 K. Wah International Holdings Limited and K. Wah Construction Materials Limited
Announce 2004 Interim Results
15 April 2004 K. Wah International Holdings Limited and K. Wah Construction Materials Limited
Announce 2003 Annual Results
25 February 2004 K. Wah International Holdings Limited Issues HK$800 Million of Convertible Bonds