October 31, 2014 3:17 AM ET

Real Estate Management and Development

Company Overview of Shanghai Greenland Group Co., Ltd.

Company Overview

Shanghai Greenland Group Co., Ltd. develops commercial real estate properties and projects. It develops extra-high buildings, large urban complexes, and high-speed rail station commercial centers; and engages in coal production, processing, storage, transportation, and distribution, as well as petroleum storage, transportation, and sales. The company owes various coal mines in Inner Mongolia, Shanxi, and Guizhou; and engages in financial investments. It also owns hotels; engages in automobile sales, as well as provides services, including appreciating vehicles, consultation, sales, repair, maintenance, second-hand, insurance, evaluating loss, mortgage, licensing, decoration, club etc.; and s...

No. 700

Dapu Road

Shanghai,  200023

China

Founded in 1992

Phone:

86 21 5318 8666

Fax:

86 21 5318 8660

Key Executives for Shanghai Greenland Group Co., Ltd.

President and Chairman
Chief Executive Officer
Compensation as of Fiscal Year 2014.

Shanghai Greenland Group Co., Ltd. Key Developments

Shanghai Greenland (Group) Seeks Acquisitions

Shanghai Greenland (Group) Co., Ltd. seeks bigger investments. "Australia is very important to us,” says Zhang Yuliang, Chairman of Shanghai Greenland. "Besides the four projects that we have already here, which are worth over $1.4 billion, we are now discussing some other projects. We expect our investments to get bigger."

Shanghai Greenland (Group) Seeks Acquisitions

Zhang Yuliang, Chairman of Shanghai Greenland (Group) Co., Ltd., is aggressive in his determination to expand Greenland's local presence. “Australia is very important to us,” says Yuliang, “Besides the four projects that we have already here, which are worth over $1.4 billion, we are now discussing some other projects. We expect our investments to get bigger.”

KEPCO Mulls Gangnam Headquarter Sale

Korea Electric Power Corp. (KOSE:A015760) (KEPCO)intends to launch a bidding procedure for headquarters in Gangnam. KEPCO said that the site of its main office in Samseong-dong, Gangnam-gu in southern Seoul, is estimated to have a market value of KRW 3.3 trillion while the publicly noticed value of the land, set by the government, is KRW 1.48 trillion. Hyundai Motor Company (KOSE:A005380), Samsung Electronics Co. Ltd. (KOSE:A005930), Shanghai Greenland (Group) Co., Ltd. and Las Vegas Sands Corp. (NYSE:LVS) have shown interest. The bids will be accepted till September 17, 2014 and the bidder submitting the highest offer will be selected as the winner of the auction. Hyundai Motor released a statement on August 29, 2014 saying that it will actively seek to acquire the site to build its global headquarters, theme park, convention center and other facilities for the public. Samsung has said that it will make a final decision whether to bid for the land after conducting a thorough study.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 16, 2014
King Blue Condominiums
Merger/Acquisition
June 24, 2014
--
Merger/Acquisition
April 16, 2014
Plot of land in Malaysia's Iskandar region
 

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