Sun Hung Kai Properties : Annual Report 2020/21

CUSTOMER FOCUS PREMIUM BRAND SOLID FOUNDATIONS

ANNUAL REPORT

2020/21

Stock Code: 16

				1.	Shanghai IFC in Lujiazui, Shanghai
				2.	ITC in Xujiahui, Shanghai
1	2	3	4	3.	ICC in West Kowloon, Hong Kong
		5		4.	IFC in Central, Hong Kong
6				5.	High Speed Rail West Kowloon Terminus Development, Hong Kong
				6.	Wetland Seasons Park, Hong Kong

Contents

1. Board of Directors and Committees
2. Corporate Information and Information for Shareholders
3. Financial Highlights and Land Bank

1. Group Financial Summary
2. Business Structure
3. Chairman's Statement

1. Business Model and Strategic Direction

1. Review of Operations
2. • 26 Hong Kong Property Business
   • 56 Mainland Property Business
   • 78 Property Related Businesses
   • 87 Telecommunications and Information Technology
   • 88 Infrastructure and Other Businesses
   • 91 Corporate Finance

1. Financial Review

1. Investor Relations

1. Sustainable Development

1. Corporate Governance Report

1. Directors' Report

1. Directors' Biographical Information

1. Executive Committee

1. Independent Auditor's Report and Consolidated Financial Statements

SUN HUNG KAI PROPERTIES LIMITED	1
ANNUAL REPORT 2020/21

Board of Directors and Committees

Board of Directors

Executive Directors

Non-Executive Directors

Independent Non-Executive Directors

Kwok Ping-luen,Raymond (Chairman & Managing Director) Wong Chik-wing,Mike (Deputy Managing Director)

Lui Ting, Victor (Deputy Managing Director)

Kwok Kai-fai, Adam

Kwok Kai-wang, Christopher

Tung Chi-ho, Eric

Fung Yuk-lun, Allen

Kwok Ho-lai,Edward (Alternate Director to Kwok Ping-luen, Raymond)

Kwan Cheuk-yin, William

Kwok Kai-chun, Geoffrey

Yip Dicky Peter

Wong Yue-chim, Richard

Li Ka-cheung, Eric

Fung Kwok-lun, William

Leung Nai-pang, Norman

Leung Ko May-yee, Margaret

Fan Hung-ling, Henry

Wu Xiang-dong

Committees

Executive Committee

Audit and Risk Management Committee

Remuneration Committee

Nomination Committee

Kwok Ping-luen, Raymond

Wong Chik-wing, Mike

Lui Ting, Victor

Kwok Kai-fai, Adam

Kwok Kai-wang, Christopher

Tung Chi-ho, Eric

Fung Yuk-lun, Allen

Chow Kwok-yin, Eric

Yung Sheung-tat, Sandy

Li Ching-kam, Frederick

Fung Sau-yim, Maureen

Chan Hong-ki, Robert

Lam Ka-keung, Henry

Lau Tak-yeung, Albert

Li Ka-cheung, Eric*

Yip Dicky Peter

Leung Nai-pang, Norman

Wong Yue-chim, Richard

Wong Yue-chim, Richard*

Li Ka-cheung, Eric

Kwan Cheuk-yin, William

Leung Nai-pang, Norman

Wong Yue-chim, Richard*

Kwan Cheuk-yin, William

Yip Dicky Peter

Leung Nai-pang, Norman

*  Committee Chairman

2	SUN HUNG KAI PROPERTIES LIMITED
ANNUAL REPORT 2020/21

Corporate Information and Information for Shareholders

Corporate Information

Company Secretary	Share Registrar	Principal Bankers
Yung Sheung-tat, Sandy	Computershare Hong Kong	Bank of China (Hong Kong) Limited
		Investor Services Limited	The Hongkong and Shanghai Banking
Auditor		Shops 1712-1716	Corporation Limited
Deloitte Touche Tohmatsu	17th Floor, Hopewell Centre	Mizuho Bank, Ltd.
183 Queen's Road East	Agricultural Bank of China Limited
Registered Public Interest Entity Auditors
Wanchai	Industrial and Commercial Bank of China
Registered Office	Hong Kong	(Asia) Limited
	MUFG Bank, Ltd.
45th Floor, Sun Hung Kai Centre	Solicitors	Sumitomo Mitsui Banking Corporation
30 Harbour Road	Woo Kwan Lee & Lo	Hang Seng Bank Limited
Hong Kong		Oversea-Chinese Banking Corporation Limited
	Mayer Brown
Telephone	: (852) 2827 8111	DBS Bank Ltd.
Sit, Fung, Kwong & Shum
Facsimile	: (852) 2827 2862
Website	: www.shkp.com
E-mail	: [e-mail]

Information for Shareholders

Share Listing

The Company's shares are listed on The Stock Exchange of Hong Kong Limited ("Stock Exchange") and are traded over the counter in the United States in the form of American Depositary Receipts ("ADR").

Stock Code

Stock Exchange	: 16
Bloomberg	: 16 HK Equity
Reuters	: 0016.HK
Trading Symbol for ADR	: SUHJY
CUSIP	: 86676H302

Investor Relations Contact

Telephone	: (852) 3766 5787
Facsimile	: (852) 2116 0597
E-mail	: [e-mail]

Financial Calendar for 2020/21

Interim results announcement	: 25 February 2021
Interim dividend paid	: 18	March 2021
Annual results announcement	: 9 September 2021
Closure of register of members1	: 1 to 4 November 2021
Record date1		(both days inclusive)
: 4 November 2021
Annual general meeting	: 4 November 2021
Ex-dividend date for final dividend	: 8 November 2021
Closure of register of members	: 10	November 2021
and record date2
Final dividend payable	: 18	November 2021

Notes:

1. For ascertaining shareholders' entitlement to attend and vote at the annual general meeting
2. For ascertaining shareholders' entitlement to the proposed final dividend

Choice of Language or Means of Receipt of Corporate Communications

This annual report is now available in printed form in English and in Chinese, and on the website of the Company.

If (i) shareholders, who have received or chosen to receive printed copies of this annual report in English or in Chinese, wish to receive the same in the other language; or (ii) shareholders, who have received or chosen to receive or are deemed to have consented to receive this annual report by electronic means, wish to receive printed copies; or (iii) shareholders for any reason have difficulty in receiving or gaining access to this annual report on the Company's website, they may obtain printed copies free of charge by sending a request to the Company c/o the Share Registrar, Computershare Hong Kong Investor Services Limited, by post to 17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong or by email at [e-mail].

For shareholders who wish to change their choice of language or means of receipt of the Company's future corporate communications free of charge, they may at any time notify the Company by giving reasonable notice (of not less than 7 days) to the Company c/o the Share Registrar by post or by email or by completing and returning the accompanying Change Request Form.

SUN HUNG KAI PROPERTIES LIMITED	3
ANNUAL REPORT 2020/21