About Asia Allied Infrastructure Holdings Limited
Asia Allied Infrastructure Holdings Limited ( “Asia Allied Infrastructure” or the “Company”, together with its subsidiaries, the “Group”) (stock code: 00711.HK), formerly known as Chun Wo Development Holdings Limited changed to its current company name in October 2016 in order to enhance and build up a clear corporate image of the Group and reflect the Group’s long-term strategic targets. The Group’s construction and property development businesses in Hong Kong will continue to be operated under the “Chun Wo” brand.
The business of the Group was founded in 1968, initially engaged in the core construction business. In 1993, the Company was listed on the Main Board of The Stock Exchange of Hong Kong. Its business scope expanded to include construction, property development and investment, and security and property management.
After years of intense effort and rapid development, the Group has become a reputable construction specialist, as well as a security and property management and property development enterprise in Hong Kong with over 5000 no. of staff. In recent years, the Group not only reinforces the Group’s business in Hong Kong, but also presents more favorable opportunities for its development in China and the overseas markets. By employing the “Entering China, and Going Global” integrated business strategy, the Group expands its business scope in China and overseas and facilitates the Group’s further business growth and greater profitability. During the financial year from 2011/12 to 2015/16, the Group's turnover increased by 77% to approximately HK $ 8.5 billion and profit attributable to shareholders of the company increased from approximately HK $ 52 million to approximately HK $ 302 million .
The Group's Business
Adhering to the Group's diversification strategy, the Group further expands and develops businesses in Hong Kong, China and overseas in the areas of construction, property development, security and property management, construction management, project consultancy, construction finance and investment, etc.
In 2016, the Group completed the acquisition of an engineering and architecture consultancy company in Singapore. It allows the Group to strengthen its capability in leveraging the development opportunities brought about by the “Belt and Road Initiative” strategy of the People's Republic of China. Moreover, it will lead to greater synergies generated in Asia Pacific, and enable the Group to grasp enormous growth opportunities that will be presented in China and overseas in the future.