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February 06, 2016 11:32 AM ET

Road and Rail

Company Overview of MTR Corporation Limited

Company Overview

MTR Corporation Limited designs, constructs, operates, maintains, and invests railways in Hong Kong, the Mainland China, and internationally. The company operates a rail-based transportation system in Hong Kong, comprising domestic and cross-boundary services, a high-speed Airport Express, and a light rail system in Hong Kong. Its network consists of 220.9 kilometers of rail, as well as has 87 stations and 68 light rail stops. The company also provides intercity services to and from Mainland of China, as well as small bus services in Hong Kong. In addition, it rents station retail space in stations, as well as advertising space in trains and stations; and enables telecommunication services o...

MTR Headquarters Building

Telford Plaza

33 Wai Yip Street

Kowloon Bay,  

Hong Kong

Founded in 1975

24,911 Employees


852 2993 2111


852 2798 8822

Key Executives for MTR Corporation Limited

Chief Executive Officer, Member of The Executive Directorate, Executive Director and Member of Corporate Responsibility Committee
Age: 54
Total Annual Compensation: $9.3M
Finance Director and Member of the Executive Directorate
Age: 52
Total Annual Compensation: $6.1M
Operations Director and Member of the Executive Directorate
Age: 53
Total Annual Compensation: $6.8M
Legal Director, Member of Executive Directorate and Company Secretary
Age: 42
Total Annual Compensation: $5.0M
Member of The Executive Directorate and European Business Director
Age: 54
Total Annual Compensation: $4.7M
Compensation as of Fiscal Year 2014.

MTR Corporation Limited Key Developments

MTR Corporation Limited Announces Special Dividend

On 30 November 2015, MTR Corporation Limited announced that it had entered into the XRL Agreement with Government relating to the further funding and completion of the Express Rail Link project. The company will pay the Special Dividend of HKD 4.40 in aggregate per share in cash in two equal tranches. It is expected that the first tranche will be paid in cash in the second half of 2016 and the second tranche will be paid in cash in the second half of 2017.

MTR Corporation Limited, Special/Extraordinary Shareholders Meeting, Feb 01, 2016

MTR Corporation Limited, Special/Extraordinary Shareholders Meeting, Feb 01, 2016, at 11:00 China Standard Time. Location: Rotunda 3 (6/F), Kowloonbay International Trade & Exhibition Centre 1 Trademart Drive, Kowloon Bay Hong Kong Agenda: To implement the XRL Arrangements, the XRL Agreement be and is hereby approved, confirmed and ratified; the Special Dividend be and is hereby declared and shall be payable, following satisfaction of the conditions contained in the XRL Agreement, in the manner and on the dates determined by the Board; and that the Chief Executive Officer of the Company or any two members of the Board or any two members of the Executive Directorate of the Company be and is/are hereby authorized to do all such further acts and things, agree such amendments or modifications and execute such further documents and deeds and take all steps which in his/her opinion may be necessary, desirable and expedient to implement and/or give effect to the terms of the XRL Agreement and the XRL Arrangements and the transactions contemplated thereunder.

MTR Corporation Limited to Appoint Peter Ronald Ewen as Engineering Director and a Member of the Executive Directorate, Effective February 22, 2016

MTR Corporation Limited announced that, with effect from 22 February 2016, Dr. Peter Ronald Ewen will be appointed as Engineering Director and a Member of the Executive Directorate of the company. Reporting directly to the Chief Executive Officer of the Company, Dr. Ewen will head a new Engineering Division, which will be established in early 2016, to drive excellence in the Company's engineering functions and to strengthen its control and check and balance processes. Dr. Ewen has entered into a service agreement with the company for the position of Engineering Director for three years commencing on 22 February 2016. Dr. Ewen is at present the Head of Air for Airbus Defence and Space, United Kingdom and, prior to that, he was a Procurement Advisor for Rail Franchising in the Department for Transport ­ Rail, United Kingdom.

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