Supported by the extensive experience in construction and property management of Asia Allied Infrastructure member Chun Wo Development Holdings Limited (“Chun Wo”), City Services Group, a subsidiary of Chun Wo Development, won the management, operation and maintenance contracts of the Cross-Harbour Tunnel, the Shing Mun Tunnels, the Tseung Kwan O Tunnel, the Kai Tak Tunnel and the Lion Rock Tunnel. The achievement represents an affirmation of Chun Wo’s management service capabilities and also marked Chun Wo’s first milestone in its advance into tunnel management business.
High-end Safe Deposit Box Services
The upscale safe deposit box business of the Group is operated by its wholly-owned subsidiary Royal England Safe Deposit Box Limited (“Royal England”). Royal England is committed to providing a distinguished safe deposit box service with high degree of privacy and security.
Bus service business
The Group has formed an indirect non-wholly owned subsidiary Chun Wo Bus Services Limited (“CW Bus”) to mark its official foray into the transportation sector through the non-franchised bus service business in Hong Kong, further diversifying the Group’s revenue stream and business portfolio.
Construction Material E-procurement
Mattex Asia Development Limited is the ﬁrst online construction materials purchasing platform in Hong Kong’s, providing 24-hour one-stop services for purchasing construction materials at the most competitive prices. Mattex Asia is the best construction materials solutions partner in Hong Kong and in Asia-Paciﬁc.
As construction projects often involve investment or working capital, the Group grasped the opportunity to develop a loan business through its subsidiaries “Asia One Credit Limited” to meet the requirement for construction expenditure and also the spending need of subcontractors.