Pioneer Global Group

Pioneer Global Group (SEHK: 224) is a Kong Kong real estate development company and investor, listed on the Hong Kong Stock Exchange, controlled by the Gaw family.[1]

Pioneer Global was founded by Anthony Gaw, and is 21% owned by his widow Rosanna Wang Gaw, 10% by his son Kenneth Gaw, and 1.71% by his daughter Christina Gaw.[2]

The chairman is Rosanna Wang Gaw, the managing director is Kenneth Gaw, the vice chairman is Goodwin Gaw, executive directors are Christina Gaw and Kam Hung Lee.[2][3][4]

In 2015, Pioneer Global together with Gateway Capital bought the Intercontinental Hong Kong for US$938 million and planned to spend a further $240 million to renovate it.[5] Pioneer Global also has hotel interests in Thailand.[5]

In January 2017, Pioneer Global sold the 24-story Pemberton Building in Sheung Wan for HK$1 billion to a British Virgin Islands-registered company said to be controlled by property investment firm Octa Capital Partners, having bought it in 2011 for HK$523 million.[1]

References

  1. 1 2 "Gaw's Pioneer Global Sells HK Tower for $129 Mil - Mingtiandi". www.mingtiandi.com. Retrieved 22 August 2017.
  2. 1 2 http://www.irasia.com/listco/hk/pioneer/annual/ar178509-e101_1.pdf
  3. ↑ "Pioneer Global Group Limited: CEO and Executives - Bloomberg". www.bloomberg.com. Retrieved 22 August 2017.
  4. ↑ Editorial, Reuters. "${Instrument_CompanyName} ${Instrument_Ric} People - Reuters.com". U.S. Retrieved 22 August 2017.
  5. 1 2 "Pioneer Global to buy Intercontinental HK in US$938 million deal - ChinaTravelNews". www.chinatravelnews.com. Retrieved 22 August 2017.
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