April 2001 -- 140th Anniversary Special Edition
Year joined, 1904
P&O
Nedlloyd (HK) Limited
P&O Nedlloyd is one of the largest container carriers
in the world, with routes connecting all parts of the globe and a yearly turnover of
around US$4 billion.
The company operates a fleet of 130 owned and chartered
vessels, providing connections to more than 250 main ports and serving 120 countries.
P&O Nedlloyd also offers specialist logistics and supply chain management services, in
the form of the company's Value Added Services range.
Developed in direct response to customer demands, these services augment P&O
Nedlloyd's international shipping operations by providing a complete spectrum of
supporting activities, from one-off transportation extras, to sophisticated, tailored
global supply chain solutions.
P&O Nedlloyds Asian regional office is located in
Hong Kong and the company is extensively represented by a network of offices in the SAR
and throughout South China.
Year joined, 1907
PricewaterhouseCoopers
The firm that is now PricewaterhouseCoopers started business in 1902. Arthur Lowe, an
Englishman who had been working with Butterfield & Swire since 1898, established
himself as Hong Kongs first full-time chartered accountant on June 2, 1902. He
admitted a partner in 1905 and another in 1908, when the firm became known as Lowe Bingham
& Matthews.
Being virtually without competition in its earlier years, Lowe Bingham & Matthews
experienced significant growth, being fortunate to have amongst its clients many of Hong
Kongs leading businesses of the time including China Light & Power,
Hongkong & Shanghai Bank, Hong Kong & Whampoa Dock, Hutchison, Jardines and
Swires.
The growth of the firm continued to match that of Hong Kong as a financial and trading
centre. With increasing overseas investment here in the years following 1945, it became
expedient for the firm to act as local correspondent for the international accounting
firms that were expanding from their bases in the U.K. and the U.S. LB&M at one time
represented six of the then "big eight" accountancy firms. The alliance with one
of these, Price Waterhouse, was formalised in 1974 by a merger between those two firms,
although the Chinese name remained as it was by then so well known in the community.
In the late 1990s, the global operations of Price Waterhouse and Coopers & Lybrand
merged to form PricewaterhouseCoopers. PwC is now the largest of the accountancy practices
in Hong Kong, employing around 2,300 people and serving many of the leading commercial
organisations in Hong Kong and China.
Year joined, 1908
Shell Hong Kong Limited
Shell Hong Kong Limited is an operating company of the world-wide Royal Dutch/Shell
Group. Since 1913, Shell has been marketing oil and petrochemical products in Hong Kong,
and has been at the forefront of the drive to enable Hong Kong to meet its growing energy
needs.
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