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Oriental Watch is one of the largest luxury watch retailer in the world with an extensive retail network in the Great China area. As at 31 March 2019, the Group operates 61 retail and wholesale points (including associate retail stores) in the Greater China region. Breakdown by geographic region is as follows: HK:11. Macau:1, China:46, Taiwan:3.
In 1961, Dr. Yeung Ming Biu, Chairman of the Group, and his shareholders founded the first store at Des Voeux Road Central. Since then, the Group has been progressively expanding. Through the acquisition of La Suisse Watch Company in 1973, the Group successfully acquired the distribution rights of a number of top-tier international brands. This translate to eight legacy properties all purchased prior to 2000(earliest being 1965). Located in prime locations and recorded at a cost less depreciation. These are goldmines for them, as...