Hong Leong Group commenced investment activities in Hong Kong
1982
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Acquired Dao Heng Bank
1983
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Listing of Dao Heng Bank and financial services group under Hong Leong Company
Limited
1987
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Hong Leong Company Limited changed name to Dao Heng Holdings Limited
1988
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Acquisition of First Capital Corporation Ltd (renamed as GuocoLand Limited
("GuocoLand"))
1989
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Acquisition of Hang Lung Bank
1990
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Merger of Dao Heng Bank and Hang Lung Bank
1991
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Corporate realignment - Guoco replaced Dao Heng Holdings as the listed holding
company
1992
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Acquisition of 49% interests in HG Asia (Holdings), a major international
institutional broker and financial advisory group in Hong Kong
1993
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Acquisition of Hong Leong Credit Berhad (renamed as Hong Leong Financial
Group Berhad) and became Guoco's associated company
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Acquisition of Overseas Trust Bank (OTB). Described by Euromoney Magazine as
"The Deal of the Year"
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Listing of Dao Heng Bank Group on the Hong Kong Stock Exchange at 277 times
over-subscription
1994
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GuocoLand made its first inroad into the China property market - Beijing
Corporate Square
1995
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Launch of ComPass Card - the world's first VME compatible microchip credit card,
demonstrating the Bank's leading role in the credit card industry
1996
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Dao Heng Bank was designated as one of the HIBOR reference banks by the Hong
Kong Association of Banks and was appointed a market maker of Exchange Fund
Bills and Bonds
1997
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Establishment of an advanced computer-telephone-integrated "Call Centre" with
pioneer Customer Relationship Management (CRM) system. Dao Heng Bank launched
"DaoHengDirect" to provide full range of telephone banking services, e.g.
mortgage applications and investment services
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Dao Heng Bank issued US$350 million 10-year Yankee bond, representing the then
largest subordinated Yankee bond issue by a private Asian bank outside Japan
1998
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Expansion of Dao Heng Bank's Treasury Division and officially renamed as "Dao
Heng Markets" - reflecting its active participation and leading role in the
Hong Kong financial markets
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Dao Heng Bank won the 1998 Hong Kong Top Ten Corporate Choice Award conducted by
Asiamoney Magazine
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Disposal of interests in HG Asia (Holdings) (renamed as ABN AMRO Asia
(Holdings))
1999
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Dao Heng Bank Group became one of the Hang Seng Index (HSI) constituent stocks,
making it one of the four leading banks included in the HSI
2000
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Dao Heng Bank Group was named the second best bank in Asia in a survey conducted
by Asiamoney Magazine
2001
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Disposal of interests in Dao Heng Bank at 3.5 times book value
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Cash offer to repurchase 107 million Guoco shares at a total consideration of
HK$5.35 billion
