January 29, 2015 10:00 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 crossboundary services, a high-speed Airport Express, and a light rail system in Hong Kong. Its network consists of 218.2 kilometers of rail, as well as has 84 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 on...

MTR Headquarters Building

Telford Plaza

33 Wai Yip Street

Kowloon Bay,  

Hong Kong

Founded in 1975

23,573 Employees

Phone:

852 2993 2111

Fax:

852 2798 8822

Key Executives for MTR Corporation Limited

Acting Chief Executive Officer
Age: 53
Total Annual Compensation: $8.7M
Finance Director
Age: 51
Total Annual Compensation: $2.9M
Operations Director
Age: 52
Total Annual Compensation: $6.4M
Legal Director
Age: 41
Total Annual Compensation: $4.8M
Human Resources Director and Member of Corporate Responsibility Committee
Age: 53
Total Annual Compensation: $5.5M
Compensation as of Fiscal Year 2013.

MTR Corporation Limited Key Developments

Sixth Phase Of MTR Corp's Lohas Park Attracts Seven Bidders

MTR Corporation Limited (SEHK:66) has received strong interest for the sixth phase of Lohas Park in Tseung Kwan O, after it was announced the winning bidder would have the option of increasing the number of flats by nearly half. A spokesman for MTR said seven bids had been received at the close of the tender on January 23, 2015.

MTR Corporation Limited Announces Executive Changes

MTR Corporation Limited announced that Mr. Lincoln Leong Kwok-kuen assumes the role of Acting Chief Executive Officer (ACEO) from 16 August 2014, and acts as the Chairman of the Executive Committee in his capacity as the ACEO until a new Chief Executive Officer is appointed by the Company.

MTR Corporation Limited Appoints Fong Ching Independent as an Independent Non-Executive Director and as a Member of the Audit Committee

MTR Corporation Limited announced that Dr. Fong Ching (also known as Dr. Eddy Fong Ching) has been appointed as an independent non-executive director (INED) of the company with effect from 13 January 2015. In addition, Dr. Fong has been appointed as a member of the Audit Committee of the Company with effect from the same date. Dr. Fong is currently the Chairman of the Council of The Open University of Hong Kong, Chairman of the Process Review Panel in relation to the Regulation of Mandatory Provident Fund Intermediaries and an INED of Standard Chartered Bank (Hong Kong) Limited and Standard Chartered Bank (China) Limited.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 25, 2014
Flats B, C, E and F, 77th and 78th Floors of Tower 1, 72nd Floor of Tower 2 and 6 Car Parking Spaces
Buyback
May 8, 2014
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