Road and Rail
Company Overview of MTR Corporation Limited
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
33 Wai Yip Street
Founded in 1975
Key Executives for MTR Corporation Limited
Chief Executive Officer, Executive Director and Member of Corporate Responsibility Committee
Total Annual Compensation: $9.3M
Finance Director and Member of the Executive Directorate
Total Annual Compensation: $6.1M
Operations Director and Member of the Executive Directorate
Total Annual Compensation: $6.8M
Legal Director, Company Secretary, Member of Executive Directorate and Member of Corporate Responsibility Committee
Total Annual Compensation: $5.0M
European Business Director, Member of the Executive Directorate and Member of Corporate Responsibility Committee
Total Annual Compensation: $4.7M
Compensation as of Fiscal Year 2014.
MTR Corporation Limited Key Developments
MTR Corp Invites Developers to Tender for Yuen Long Site
Jul 9 15
MTR Corporation Limited (SEHK:66) has invited developers to tender for a residential site at Yuen Long Station, along the West Rail line. MTR has received 23 expressions of interest from developers such as Cheung Kong Property Holdings Limited (SEHK:1113), Sun Hung Kai Properties Limited (SEHK:16) and Lai Sun Development Co. Ltd. (SEHK:488). The property is under construction which is expected to be completed by 2022. The tender will close on August 5, 2015. The winning developer will be required to pay MTR Corp a one-off payment and give the corporation 5% of profits from property sales.
MTR Corporation Limited Announces Executive Changes, with Effect from January 1, 2016
Jul 7 15
MTR Corporation Limited has appointed Professor Frederick Ma Si-hang to succeed Dr. Raymond Ch'ien Kuo-fung as the next Chairman of the board of directors of the Corporation with effect from January 1, 2016. The appointment is for three years until December 31, 2018. Professor Ma was a non-executive director of the MTRCL from 2002 to 2007. He rejoined the Corporation in 2013 as an independent non-executive director.
MTR Corporation Limited Announces Executive Changes
May 29 15
MTR Corporation Limited announced that Mr. Cheung Siu-wa (also known as Mr. Morris Cheung) will become the company's European Business Director and will cease to be the company's Human Resources Director, with effect from June 15, 2015. He will continue to be a member of the Executive Directorate. The company will proceed with a search, involving both internal and external candidates, to fill the position of Human Resources Director and, prior to the appointment of a new Human Resources Director, Mr. Shim Ming Yi, Daniel (currently General Manager - Human Resources (China /International & Development)) will serve as Acting Human Resources Director of the company. Mr. Cheung joined the company in November 1983 as a Graduate Engineer and has progressed over the years to senior and responsible positions in Operations and Projects Divisions.
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