SOCAM Development Limited (SOCAM), a member of the Shui On Group which has over 35 years' history, was listed on the Hong Kong Stock Exchange in February 1997. SOCAM is principally engaged in property, cement, construction and venture capital investment, and has business operations in over 15 cities and strategic areas in Hong Kong, Macau and the Chinese Mainland.

Our property interests are threefold, comprising distressed properties and greenfield developments in the Chinese Mainland, complemented by a significant interest in the publicly listed Shui On Land Limited, also a member of the Shui On Group.

SOCAM began to engage in the acquisition and development of distressed property projects in 2005. In June 2007, SOCAM's projects in Dalian, Qingdao, Chengdu and Beijing were injected into China Central Properties Limited (CCP), which was then listed on the Alternative Investment Market (“AIM”) of the London Stock Exchange. With the completion of privatisation of CCP in July 2009, CCP has become a wholly-owned subsidiary of SOCAM. China Central Properties (BVI) Limited, the holding company of all the CCP projects, has accordingly been renamed Shui On China Central Properties Limited (瑞安中華匯地產有限公司).

SOCAM Asset Management Limited (SAM), a wholly-owned subsidiary of SOCAM, is the investment Manager of SOCCP, and undertakes the management of SOCCP's current property projects and any future investments, including the negotiation on and acquisition of potential assets.

Shui On started investing in the cement business in the Chinese Mainland in 1994. In November 2005, SOCAM and Lafarge, the world leader in building materials, merged their cement operations in China to form Lafarge Shui On Cement Ltd, 55% owned by Lafarge and 45% owned by SOCAM. The join venture is the cement market leader in Southwest China with a strong presence in Chongqing, Sichuan, Yunnan and Beijing. It is determined to be one of the top cement producers in China through aggressive plans for expansion and acquisition.

Our accredited and award-winning construction business marked the origin of Shui On Group. With its high level of competence in construction, design-and-build, interior fitting-out, renovation, heritage restoration and maintenance of public housing and institutional buildings in Hong Kong, Macau and the Chinese Mainland, the construction division has become a cornerstone on which SOCAM's property development operations will build future prosperity.

Our venture capital funds were set up to invest in fledgling high-tech enterprises in the Chinese Mainland as well as in Hong Kong. The range of investments embraces innovative products and services.