Group Chronology
   
1918
  • Incorporated as The Shanghai Loan and Investment Company, Limited
1958
  • Name changed to The Loan and Investment Company, Limited
1963
  • Listed in Hong Kong; control later acquired by Sir Y K Pao's World-Wide Shipping Group
1976
  • Name changed to World International (Holdings) Limited
1980
  • Acquired control of The Hongkong and Kowloon Wharf and Godown Company Limited ("Wharf") versus a Hongkong Land bid
1985
  • Acquired 100% of Wheelock Marden and Company Limited versus a bid from Tan Sri Khoo Teck Puat of Singapore
1986
  • Mr Peter K C Woo appointed Chairman; Company net asset value HK$5.0 billion (2024: HK$199 billion), market capitalisation HK$6.4 billion
  • Wharf's name changed to The Wharf (Holdings) Limited ("WHL") in its centenary year
1991
  • World International Capital Group Limited ("WICG") established as a private holding group controller; Group Chairman Mr Peter K C Woo
1993
  • Company name changed to Wheelock and Company Limited ("WAC")
  • Subsidiary Wheelock Properties Limited ("WPL") inaugurated
2017
  • Wharf Real Estate Investment Company Limited ("Wharf REIC") completed demerger from WHL and separately listed
1986-2018
  • Completed successive privatisation and sale of a total of nine listed companies in Hong Kong and Singapore
2020
  • Privatised by WICG as General Manager
  • 100%-owned World International Asset Management Limited ("WIAM") was transferred from WICG at a nominal value with assets under management ("AUM") of US$12 billion. WIAM has assumed oversight for the Group's listed investments including WHL and Wharf REIC
2022
  • 100%-owned Wheelock Holding Pte. Limited ("WHP") was transferred from WICG at a nominal value. WHP has assumed oversight over all Wheelock branded operating businesses
2023
  • WAC disposed 50% equity interest in WPL to WICG at cash consideration of HK$19.4 billion, representing 50% of WPL's net asset value, and WPL became a 50%-owned associate of the Company
 
 
World International Asset Management Limited ("WIAM")
 
  • Founded in 1991, WIAM is a global investment business that invests capital with focus on building strong businesses that deliver lasting value through both good and volatile days. It provides innovative investment solutions and has a proven track record of success in stake buying and privatisation.
  • WIAM has demonstrable depth of experience across a broad spectrum within the discipline, encompassing the seven key roles within the Competency Framework comprising policy, strategy, planning, delivering plans, risk management, knowledge management and capability development.
  • WIAM has total assets under management ("AUM") of US$71 billion including oversight for the Group's listed and unlisted investments.
 
 
Wheelock Holding Pte. Limited ("WHP")
 
  • WHP holds all Wheelock-branded operating businesses.
  • Mr Douglas C K Woo has assumed the Chair from Mr Peter K C Woo
  • WPL is a top developer of Hong Kong properties.
  • WHP acts as General Manager of all assets of WPL (50/50 owned by WAC and WICG) and WHL's Hong Kong properties.
  • Total land bank under management for Hong Kong Development Properties : 5.8 million square feet.
  • Net order book HK$10.1 billion.
  • WHP also manages overseas properties and portfolio investments including oversight for US$1 billion of WHL's private equity fund investments.
 
 
Financial Profile (2025 Interim)
 
  • Total assets:
    HK$555 billion (US$71 billion) under management
    HK$495 billion (US$64 billion) owned
  • Net debt-to-equity ratio: 4.2%
  • Moody's credit rating A3