It is probably a coincidence that both the Wing On Life buidling and the Sincere Insurance building are demolished this year. By the way, are those two insurance companies still in business?
At 28 February 2011, according to the register of interests required to be kept by the Sincere Company Ltd pursuant to Section 336 of the Securities and Futures Ordinance (the “SFO”) and so far as is known to the Directors, The Sincere Life Assurance Company Limited and The Sincere Insurance & Investment Company Limited were interested in 183,136,032 and 75,608,064 shares of HK$0.50 each of the Company, representing 31.89% and 13.17% of the issued share capital of the Company, respectively. Save for the above, there were no shareholders who had registered an interest, directly or indirectly, of 5% or more of the issued share capital of the Company.
The Sincere Insurance & Investment Company Limited can be found in the web site of Hong Kong Federation of Insurers. The registered address is: Room 1509-1513 Leighton Centre, 77 Leighton Road, Causeway Bay, Hong Kong. Thus, it is believed that it still involves in insurance business although it owned Sincere Department Stores and other kinds of business.
For Wing On Life, it is not registered in Hong Kong Federation of Insurer. Moreover, it could not be found in yahoo. So I guess it was disappeared. It was a company in relation to the same group of Wing On Department Store which was established in 1907 and now owned by Wing On Company International Ltd. Former Wing On Bank was also a member of the group.
![Sincere Insurance Building [1968-2011]](/sites/default/files/styles/extra_large_640x640_/public/images/hennessy_road_near_xian_shi_bao_xian_da_sha_.jpg?itok=EP3gsISN)
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Wing On Life and Sincere Insurance buildings
It is probably a coincidence that both the Wing On Life buidling and the Sincere Insurance building are demolished this year. By the way, are those two insurance companies still in business?
Sincere Insurance and Wing On Life
At 28 February 2011, according to the register of interests required to be kept by the Sincere Company Ltd pursuant to Section 336 of the Securities and Futures Ordinance (the “SFO”) and so far as is known to the Directors, The Sincere Life Assurance Company Limited and The Sincere Insurance & Investment Company Limited were interested in 183,136,032 and 75,608,064 shares of HK$0.50 each of the Company, representing 31.89% and 13.17% of the issued share capital of the Company, respectively. Save for the above, there were no shareholders who had registered an interest, directly or indirectly, of 5% or more of the issued share capital of the Company.
The Sincere Insurance & Investment Company Limited can be found in the web site of Hong Kong Federation of Insurers. The registered address is: Room 1509-1513 Leighton Centre, 77 Leighton Road, Causeway Bay, Hong Kong. Thus, it is believed that it still involves in insurance business although it owned Sincere Department Stores and other kinds of business.
For Wing On Life, it is not registered in Hong Kong Federation of Insurer. Moreover, it could not be found in yahoo. So I guess it was disappeared. It was a company in relation to the same group of Wing On Department Store which was established in 1907 and now owned by Wing On Company International Ltd. Former Wing On Bank was also a member of the group.
Not Demolition. It is under renovation.
Renovaton is carrying out by Hsin Chong Construction Group Ltd.
http://www.hsinchong.com/en-US/Pages/project-details/99?Filter=Service&FilterId=6