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YESTERDAY
Midland Holdings Limited (the "Company" or "Midland",
stock code: 1200) was founded in 1973 as a small real estate agency
in Mei Foo Sun Chuen with a few staff. It started with the buying
and selling as well as the leasing of residential units there. During
the 1970s, Midland focused mainly on the secondary sales and leasing
of residential units.
Midland took full advantage of the economic boom in 1970s and 1980s
and first-mover opportunities in Hong Kong yesterday and is reaping
the benefits of our forethought today. Midland listed on the Stock
Exchange of Hong Kong since 1995.
TODAY
Thanks to our foresight as well as the incessant supports from our
clients, employees, shareholders and investors, Midland and its
subsidiaries (the "Group") is now the largest listed real
estate agency in Hong Kong.
Following decades of hard work through continued expansion and
acquisitions, Midland today has more than 480 branches and over
6,300 employees in Hong Kong, Mainland China and Macau, offering
a wide range of professional services including real estate brokerage
covering residential, commercial and industrial properties, immigration
consultancy, wealth management, mortgage referral, property appraisal
services, tenders as well as professional training for estate agency
participants.
Under the Group's strategy of sustaining long-term business growth
through related business diversification, various strategic business
units have been established by leveraging on the Group's existing
customer base and network. These new businesses also help nurture
our core business.
In 2005, we were awarded as one of Forbes Asia's the most successful
public company (annual revenue below a billion US$) and as the Asiamoney
2005 Best Managed Company (medium cap category).
FUTURE
Looking ahead, we will perpetually strive to strengthen our leading
market position and to enhance our business portfolio. Professionalism
is the core value of Midland. Recently, we have introduced new on-going
career and personal development programmes for our employees with
an aim to capitalise our professional network.
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