Lanson Place is a wholly owned subsidiary of Wing Tai Properties Limited, a publicly listed company in Hong Kong (HKEx stock code: 369), currently manages nine properties (four of which Wing Tai has equity in) under the Lanson Place brand, comprising high-end serviced apartments and a boutique hotel in Hong Kong, Beijing, Shanghai, Kuala Lumpur and Singapore. Lanson Place properties are generally located in close proximity to the central business district as well as shopping and entertainment precincts. Lanson Place aims to offer attentive and personalized service with the convenience of a luxury hotel and the comfort and privacy of home. The Group will continue to grow the "Lanson Place" brand as a pan-Asian brand and will continue to explore investment and management opportunities mainly in gateway cities in the Asia-Pacific region. Lanson Place Bukit Ceylon Serviced Residences in Kuala Lumpur has opened in August 2013 while Aroma Garden Serviced Suites by Lanson Place in Shanghai is scheduled to open in late 2014.