Corporate ProfilePacific Century Premium Developments Limited ("PCPD" or the "Group", SEHK: 00432) is principally engaged in the development and management of premium-grade property and infrastructure projects as well as premium- grade property investments. PCCW Limited ("PCCW", SEHK: 00008) is the single largest shareholder of the Group.PROPERTY DEVELOPMENT AND INVESTMENTPCPD completed the last phase of its signature project Residence Bel-Air at the end of 2008. This has become one of the city's most prestigious residential developments. The Group also developed ONE Pacific Heights, a prime residential project situated in the western part of Hong Kong Island.The Group continues to explore investment opportunities around the world. In line with this strategy, the Group has drawn up long-term development plans for world-class all-season luxury resorts in Hokkaido, Japan and Phang Nga, Thailand. In Hokkaido, Japan, Park Hyatt Niseko, Hanazono has been in operation since early 2020 and the Group has started to plan for the next phase of development. As for the project in Phang Nga, Thailand, the Group commenced sales of the first batch of villas in 2019, and the golf course and golf club have been in operation since mid-2021.The Group acquired a site located in Sudirman CBD, Jakarta, Indonesia in 2013 and developed it into a premium Grade A office building. It has become one of the busiest multinational corporation hubs in that area.In 2018, the Group acquired a prime site at 3–6 Glenealy in Central, Hong Kong. The Group intends to redevelop the site into a luxury residential development.PROPERTY AND ASSET MANAGEMENTLeveraging on its extensive experience and expertise, the Group provides property and asset management services for various kinds of premises.