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INVESTOR RELATIONSHIP

Notification of the Cessation of Elevant-Garde Limited
December 15, 2022

15 December, 2022, Hong Kong 一 Elevant-Garde Limited, a subsidiary of Pokfulam Development Company Limited, will cease operations with effect from 1 January, 2023.

The pertinent issues are outlined below:

1. Contracts and projects transfer
All contracts and projects formerly carried out by Elevant-Garde Limited will be transferred to Control Free Limited, an independent company unrelated to Pokfulam Development Company Limited.

2. Liability transfers
The liability of Elevant-Garde Limited is limited to those incurred on or before 31 December, 2022. Control Free Limited will become liable for all debts and obligations in relation to the transferred contracts and projects.

3. Impact on Pokfulam Development Company Limited
Control Free Limited will continue to provide smart building technical support to Pokfulam Development Company Limited.

Control Free contact info (effective from 1 January, 2023.)
Email: smart@control-free.com
Tel: +852 3460 3356
Address: Room 22, 5/F, Hung To Centre, 94-96 How Ming Street, Kwun Tong, Kowloon
https://www.control-free.com/

 

About Pokfulam Development Company Limited
Incorporated in 1970, Pokfulam Development Company Limited (PDCL) has over 50 years’ experience in developing and managing properties in Hong Kong and beyond. Its portfolio includes luxurious residential developments in some of Hong Kong’s most prestigious neighbourhoods, as well as commercial and industrial buildings in key business districts. With the professional property management team, experienced and dedicated staff, PDCL is committed to provide tenants an ideal living and working environment, as well as property management service of the highest caliber.

In addition to property investment, development and management, its operations also involve sound and audio-visual engineering, software programming and hardware configuration, as well as securities investment and investment holding. PDCL’s reach and capabilities in various business segments enable us to devise tailored solutions for the clients in a holistic manner.