Press Releases 2007

Urban Group wins 1st Runner-up in 50 km Property Management Cup of Green Power Hike 2007

Date: 9/2/2007

Urban Group participates in the Green Power Hike 2007 organized by the environmental protection advocate Green Power for the 5th consecutive year by enrolling two teams of 8 persons in the annual walkathon this year. Among them, the ¡§Urban Premier Walkers¡¨ formed by 4 staff of the Group won the 1st Runner-up of the 50 km Property Management Cup by completing the journey in 6 hours 45 minutes; whereas the ¡§International Property Management Team¡¨ also under Urban Group, completed the walk in 3 hours 36 minutes, ranking the 4th place in the 25 km Property Management Cup.

Green Power Hikeis the largest scale hiking event with the longest history on the Hong Kong Island. The walkathon is in its 14th year in 2007. Donations from this year¡¦s walkathon reached HK$3 million which will be used to fund various environmental education projects enabling the next generation to enjoy a greener and brighter future.

There were totally 20 property management companies competing in the 50 km and 25 km Property Management Cup this year. The team members of Urban Group have undergone intensive trainings over the past few months to prepare for the event. The perseverance and good team spirit enable them to excel their performance by completing the 50 km and 25 km Hong Kong Trail respectively with their best time.

Dr Edmond Cheng, Managing Director of Urban Groupreveals, ¡§Urban Group fully supports staff members to join various charitable and social events to promote our Core Value of ¡¥Community Care¡¦. We have been supporting the Green Power Hike for the 5th consecutive years. Staff members have shown great perseverance in their months-long harsh trainings with strong determination to outperform their own records. They received the full support from all our staff within the Group.¡¨

Dr Edmond Chengcontinues, ¡§We have formed a supporting team to back up team members at various checkpoints and provides the necessary materials and provisions for them. This is a good demonstration of Urban¡¦s team spirit and our heartiest wish to raise more fund for the charity.¡¨

Urban Group, a member of NWS Holdings Limited (0659), is the Premier Property Asset and Facility Management Company in Hong Kong. It is now managing over 200 projects in the territory and serving a total of 1,000,000 people in Hong Kong.

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