The grand opening of the Group's 5-star hotel Crowne Plaza Hong Kong Causeway Bay.

The Group disposed a number of non-core investment properties (including 28 floor, No.9 Queen's Road, Central and G/F-2/F and signage space of the Morrison and the shop of Excelsior Plaza) and changed its investment proportion and focused on property development in Mainland China.

The Group completed the land acquisition in a famous scenic district in Huangshan City, Anhui Province of China for development project with leisure and tourist's facilities.

Pre-sale of Phase 1 of The Redbud City, located in Leiyang City, Hunan Province of China was launched.

The Group sold part of its shares in two Indonesian subsidiaries with assets comprised mainly of interests in various pieces of land situated in Indonesia.

The Group's Wan Chai residential project in Hong Kong, "The Morrison" and the Diamond Hill residential project, "The Forest Hills" were ready for move-in.

The sales of "The Morrison" in Wan Chai, Hong Kong and "The Forest Hills" in Diamond Hill, Hong Kong were launched with encouraging results.

Westmin Plaza (Phase 2), in Guangzhou, Guangdong Province of China, which includes residential units, office units and shopping mall, was completed.

The Group privatised "Trans Tasman Properties Limited" by acquiring all remaining shares not owned by SEA Group.

SEA Group disposed of its shares in "UniMilo Knitwear Company Limited" and concentrated on property business.

SEA Group celebrated the 50th anniversary of its establishment.

SEA Group’s subsidiary company was listed on Alternative Investment Market (AIM) of London Stock Exchange.

Pre-sale of "Westmin Plaza (Phase 2)", in Guangzhou, Guangdong Province of China, was well-received again with all units sold within 2 weeks.

"Royal Green", a Hong Kong residential project developed jointly with Henderson Land Development Company Limited launched sale with very enthusiastic response.

"Plaza Central", an office & commercial property located in Chengdu, Sichuan Province of China was completed, and became a landmark in the city.

"Trans Tasman Properties Limited" moved its head office to Singapore while remaining listed on the New Zealand Stock Exchange.

The Group developed the new head office of Air New Zealand in Auckland.

Mr. Jesse Lu became the Chairman of the Group.

"New Century Plaza", located in Chengdu, Sichuan Province of China, was completed.

"Trans Tasman Properties Limited" privatized its listed Australian property subsidiary "Australian Growth Properties Limited", and restructured its investment portfolio in Australia and New Zealand and increased its investment in the property market of Asia Pacific. The Australia and New Zealand properties were sold in view of the upcoming downside market and a few development sites in Hong Kong were acquired at favourable prices.

363 George Street, a premium grade asset in Sydney, Australia, was sold for AUD$397 million.

The residential units of "Westmin Plaza" (Phase 1), in Guangzhou, Guangdong Province of China, was completed and ready for move-in.

Pre-sale of Westmin Plaza (Phase 1), in Guangzhou, Guangdong Province of China commenced and achieved, successful results.

363 George Street, the Group’s flagship property in Sydney, Australia, was completed.