Rivera (Holdings) Limited (Stock Code: 281) is an investment holding company established in Hong Kong and its shares are listed on the Main Board of The Stock Exchange of Hong Kong Limited. Property development and investment in Shanghai as well as securities trading and investment in Hong Kong are the two principal business streams of the Group.
For property development and investment, the Company has completed through its subsidiary a residential property project, namely Tomson Beautiful Space, in Zhangjiang Hi-Tech Park (“Zhangjiang Park”) of Pudong New Area, Shanghai. Three hundred-plus car parking spaces of the project are held for sale while the residential units were fully sold out.
The Company has also engaged through its associated company, Shanghai Zhangjiang Micro-electronics Port Co. Ltd. (“SZMP”), in residential, office and commercial property development and investment in Shanghai. In Zhangjiang Park, SZMP now retains a portion of residential apartments of Zhangjiang Tomson Garden, seven blocks of office buildings in Zhangjiang Micro-electronics Port and a commercial centre named ZJ Legend for leasing purpose. SZMP also holds one thousand-plus car parking spaces in Zhangjiang Tomson Garden for sale and possesses a land bank with a site area of around 15,000 square meters in Zhangjiang Park for future commercial and office development.
In addition, SZMP has completed development of a residential-cum-commercial project in Fengxian District of Shanghai in 2016. The residential segment is named “Tomson Ginkgo Garden” and all units were sold. The commercial-cum-office building with total gross floor area of approximately 11,000 square meters is retained for leasing.
Apart from the above, the Group holds an investment property and trivial properties for sale in Macau.
For securities trading and investment, the Group has invested in various listed securities in Hong Kong to diversify its business portfolio and maximise its return to cash balance. The Group is one of substantial shareholders of Tomson Group Limited (Stock Code: 258), a listed company on the Main Board of The Stock Exchange of Hong Kong Limited and one of the well-known property developers in Pudong New Area, Shanghai.
Besides, the Group has started venture capital investment in the Mainland China in 2016 to capture high growth potential of emerging entities.