2015.11.04
Times Property: Re-elected Winner of Listed Company Award by IFAPC
The Hong Kong Institute of Financial Analysts and Professional Commentators (IFAPC) released the 2015 Listed Company Award on 3rd November 2015. 24 listed companies were awarded for their excellent company governance, openness and transparency. Times Property Holding Limited (Share Code: 1233.HK) was re-elected again this year from all the companies listed on the HK stock market. Prof. K C Chan, Secretary for Financial Services and the Treasury, Jin Ping, Deputy Director-General of the Economic Department of the Liaison Office of the Central People’s Government in Hong Kong, Christopher Cheung, member of the Legislative Council of Hong Kong, and Julia Leung, Executive Director of Securities and Futures Commission, were invited to the ceremony as the officiating guests.
·The Awarding Ceremony
Times Property: Re-elected Winner of Listed Company Award in Hong Kong
The local financial analysts and commentators have been serving as the important bridge between the listed companies and the investors on the market, while the IFAPC, as an organization for professionals in this sector, also plays a significant role on the financial market in Hong Kong. The Listed Company Award, an activity led by the IFAPC, was established to recognize the transparency of the company and to protect the interests of all shareholders of the listed companies. The evaluation criteria include the transparency of the company’s accounts, the protection of shareholders’ rights, the company’s stability of the company, the company’s performance and operation. The final result is based on the decision made by the professional analysts and enjoys very high credibility in the financial sector.
·The Awarding Ceremony
Since being listed in Hong Kong in 2013, Times Property has been recognized with various prizes and awards that have proved the investors’ confidence in the company’s strength. It is also a strong incentive for the company in its journey ahead. Times Property will continue to expand its land reserve in areas with high appreciation potential at a highly competitive cost, to further showcase its positioning of the “Life Stylist” in its residential products, and to bring the ideal life to more people.
·The Trophy of the Listed Company Award
Impressive Performance in the Past Ten Months with Six New Projects Launched in the Second Half
Times Property has been working hard as a real estate developer in the past 16 years since its establishment. Targeting the customers who are seeking the first or better property, the group has developed projects in six cities, namely Guangzhou, Foshan, Zhongshan, Zhuhai, Qingyuan and Changsha, with good reputation and excellent performance, and has received various awards from renowned and trusted organizations as a recognition of its performance and strength.
At the beginning of November this year, Times Property presented to the market an outstanding record of its performance. By 31st October 2015, the accumulated contractual sales reached 13.82 billion yuan, accounting for 84% of its annual target.
According to the reports, Times Property launched six new projects in total in the second half of 2015, namely Times CentralPark Living (Guangzhou), Times Bridges (Zengcheng), Times Long Island (Guangzhou), Times Golden Lotus (Foshan), Times Prime (Foshan), and Times Riverbank (Foshan). The new products are mainly medium-to-small-sized apartments with two to four bedrooms. It is expected that more products will be launched in November and December to meet the rigid demand of the consumers on the market with high diversity. With more favorable policies promulgated by the national government, Times Property has the full confidence in completing the annual sales target for this year.