(5 March 2003; Hong Kong) Shui On Properties Limited (SOP), a subsidiary of the Shui On Group, has recently established the Shui On Club to enhance relationship with the owners and tenants of its property development projects in Shanghai. Members are entitled to exclusive offers and value added services. Shuionproperties.com, a website providing useful property-related information and free professional services, has also been launched.

“Shui On has been developing rapidly on the Mainland. Our projects like Shanghai Xintiandi and Shui On Plaza are well received by customers, and projects under construction such as The Lakeville at Xintiandi residential development and Xihu Tiandi in Hangzhou are already drawing attention in the market. China’s accession to the World Trade Organisation and Shanghai’s successful bid for World Expo 2010 will help ensure stable growth in the properties market. Therefore, we have launched the Shui On Club and shuionproperties.com in an effort to strengthen our relationship with customers, and to maintain and expand our customer base,” said Mr Vincent H S Lo, Chairman of Shui On.

The Shui On Club offers free membership for the owners and tenants of SOP’s property development projects. Members enjoy various special offers and services, and will be among the first ones to receive the latest information on Shui On’s property development projects. Shuionproperties.com, a property-related website, provides tips on home purchase, decoration and home care in addition to information on Shui On’s property development projects. In addition, experts offer free consultation services online, covering home purchase and decoration issues.

SOP, the property arm of the Shui On Group, has investments in Hong Kong, Shanghai, Beijing, Hangzhou, Guangzhou and New York. The Group also owns Shui On Construction and Materials Limited (Hong Kong Stock Exchange code: 983), which is engaged in construction, construction materials and property development in Hong Kong and the Chinese Mainland.