![]() ![]() The L’ Aquatique project has a contract sum of approximately HK$550 million. The construction of a 3-story basement, 2-storey podium and 25-storey guest rooms has been successfully delivered to the owner, Emperor International, and is now in use, with a total of 299 rooms, located in 373 Queen's Road East, Wan Chai, Hong Kong. The Emperor Hotel Hong Kong project has a contract sum of approximately HK$600 million. Major projects under construction include The Emperor Hotel Hong Kong, One Kai Tak, L’ Aquatique, Mid-Levels Mosque Temple Street Residential Development Project, Chong’s Tuen Mun 514 Residential Development Project and other minor renovation projects. Since CSCD acquired TCEL from its parent company in 2014, TCEL has accumulated a total contract amount about HK$3 billion for main contracting business, with a cumulative turnover of more than HK$1.2 billion. ![]() ![]() TCEL will selectively participate in the construction projects of small to medium-sized private developers. In order to avoid competition within the industry, TCEL will not enter the main contracting construction market in Macau, nor participate in the Hong Kong government’s projects, the Hong Kong government shareholding’s public utilities or public agency projects, as well as large private development projects. It has undertaken a number of building construction projects in Hong Kong and has a good reputation in the industry.Īfter the completion of the acquisition, CSCD, with its qualifications and reputation in the industry, conducts local and overseas main contracting business in the short-term period. TCEL is a company that holds a Hong Kong Certificate of Register of General Building Contractor (RGBC). As the applicable percentage ratio for the acquisition calculated with Rule 14A.10 of the Listing Rules is less than 0.1%, the acquisition is exempt from the reporting, announcement and independent shareholders' approval. On 11 March 2014, CSCD (Formerly Known as "FEGG") acquired the entire equity of Treasure Construction Engineering Limited (TCEL) from its parent company, China State Construction International Holding Limited (CSC International). An Over View of Treasure Construction Engineering Limited The whole story of TCEL to be affiliated to CSCD ![]()
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