Country Garden Holdings
“Market Cap $8.04 B As of May 2014
At a Glance
- Industry: Real Estate
- Founded: 1997
- Country: Hong Kong
- CEO: Bin Mo
- Employees: 64,772
- Sales: $10.2 B
- Headquarters: Foshan
#633 Global 2000
- #941 in Sales
- #475 in Profit
- #686 in Assets
- #1313 in Market value
Country Garden Holdings Co. Ltd. operates as an investment holding company, which engages in the property development. The company operates through four segments: Property Development, Construction, Fitting & Decoration, Property Management and Hotel Operation. Through its subsidiaries, the company is engaged in large-scale residential projects such as villas, townhouses, apartment buildings, parking spaces, and retail shops. The company was founded in 1997 and is headquartered in Hong Kong.“
“Country Garden Holdings History
Established in 1997 in Shunde, Guangdong, Country Garden was listed on the Hong Kong Stock Exchange on April 20, 2007, making billionaires of five of its shareholders.
Founder Yang Guoqiang built the company from scratch, having previously worked as a farmer and on construction sites.
In 2005, Yang transferred his shares in Country Garden Holdings to his daughter, Yang Huiyan. In October 2007, she was declared the richest woman in Asia by Forbes Magazine, with a net worth of $16 billion. Yang himself remains chairman and chief executive of the company.
In 2011, Country Garden became involved in the Siege of Wukan, as it had negotiated with the local government to seize villagers’ lands, a move that sparked the protests.”
*Information from Forbes.com and Wikipedia.org
**Video published on YouTube by “Country Garden“