(Hong Kong, 29 April 2004) Shui On Building Contractors Limited (SOBC) and Shui On Construction Limited (SOC), both subsidiaries of Shui On Construction and Materials Limited (SOCAM; stock code: 0983), have won various awards in the "Construction Industry Safety Award Scheme 2002/2003" organised by the Labour Department. The Redevelopment of Lam Tin Estate Phase 6 has received Bronze Award under the category of "Building Sites (Public Contract)" while four construction sites have also obtained Merit Awards in the same category. Besides, the Redevelopment of Castle Peak Hospital Redevelopment Phase II Stage 2 has won Silver Award while three other sites have bagged Merit Awards under the category of "Safety Team" (see attachment for details). The scheme aims to increase the awareness of occupational safety and health, enhance the safety culture and encourage good practices in this area.
Shui On always strives to provide a safe and healthy working environment to its staff by constantly reviewing its work procedures and methods. The company also conducts frequent training and promotions to raise employees' awareness of occupational health and safety issues. Through the concerted efforts of its management, site staff, subcontractors and their workers, the overall accident rate in SOCAM's construction sites in the first three quarters of 2003 was only 15.75 per 1000 workers, compared with an industry average of 68.7 per 1000 workers in the same period.
SOCAM, a member of the Shui On Group, was listed on the Hong Kong Stock Exchange in 1997 and is engaged in construction, construction materials and property development in Hong Kong and the Chinese Mainland. Apart from SOCAM, the Shui On Group has non-listed property businesses with investments in Hong Kong, the Chinese Mainland and New York.
The full text of this release can be accessed through the Internet at the following websites:
For further information, please contact:
Ms Ronny Pang / Ms Olivia Chow
Shui On Construction And Materials Limited
Tel: (852) 2879 1866
Pager: (852) 7108 9788
Fax: (852) 2787 4211
Email: corpcomm@shuion.com.hk
Attachment
Awards won by SOCAM in the " Construction Industry Safety Award Scheme 2003/2004":
