Maxsen Group

Maxsen World Holding (MWH) has signed a new Joint Venture Partner in Dubai, United Arab Emirates (UAE)   06 May 2014

Maxsen Word Holding a JV between Maxsen Group (HK) and World Group (UK) has signed a Licensing Agreement, with Echelon Dubai. The Joint Venture includes the development of Hotels, Resorts, Serviced Apartments, Residential and Retail.

Echelon is headed by Robin Penman (the Founder of Parkman Consultants in Asia, Africa and the Middle East).

Echelon was founded in 2007 as an Engineering Services and Project Management Consulting Group.

Echelon has secured several Joint Venture opportunities with prominent land holdings, and has now secured funding and resort hotel & serviced residence development through Maxsen World Holdings for developments in Dubai Marina and Palm Jumeriah.

In a joint statement to Dubai Media, Mr. Richard Turner on behalf of the Chairman Jimmy Chan and the Board of MWH congratulated Mr. Penman on the development opportunities he had created and let it be known to the media that there were several iconic brands that had not been previously in Dubai that would be brought to the Emirate through the good fortune of this agreement.

Mr. Turner went on to advise the media that this type of development opportunitiy in Dubai was in line with the Ruler HRH Sheik Mohamed Bin Rashid al Maktoum’s mandate for development as Dubai approaches the 2020 World Expo, and advised that more development announcements would be made public in the coming months.

Maxsen Group Joint Venture with GEONE Group signed with Coastal Greenland Limited   15 Mar 2014

Maxsen Group and GEONE Group of Czech Republic signed an agreement to acquire a 25,000 sqm shopping center from Coastal Greenland Limited (HKSE:01124).

The JV will design, manage, lease and operate a major regional community shopping centre being developed by Coastal in Silo-city Phase 7, Wuhan, China.

Maxsen Group raising RMB400 million for Wing Tat Investment Limited   22 Dec 2012

Maxsen Group has been mandated as the arranger for raising the financing of RMB400 million for its client, Wing Tat Investment Limited, the owner and developer of Zhuhai Times Square, a landmark development in the CBD of Zhuhai, PRC with a total GFA of 160,000 sqm.

Zhuhai Times Square is located 800m from the border with Macau and is the tallest building in Zhuai comprising of a 50,000 sqm shopping center, a 5-star luxury hotel (Pullman Hotel) and luxury residential units. Thefinancing facility was provided by China Orient Asset Management International Limited and the facility was successfully drawdown in January 2013.