SEA Group was founded by Mr. Lu Chu Mang and his brothers together with fellow Chinese compatriots in Indonesia in 1956, and has since become an international property conglomerate with diversified businesses. The Group is spearheaded by two publicly-listed companies in Hong Kong and the United Kingdom, S E A Holdings Limited (Stock code: 251) listed on the Hong Kong Stock Exchange and Asian Growth Properties Limited (Stock code: AGP) listed on the AIM Market of the London Stock Exchange.
Mr. Jesse Lu, the Group's Chairman and Managing Director, has been with the Group for over 45 years. His leadership and vision continues to inspire the companies. He inherited his father's entrepreneurship skills, and is at the same time being diligent and trust-worthy while being hands-on and persevering in his management style. With these attributes, together with his innovation and decisiveness he has led the Group over its half century milestone, and has laid strong foundations for its future with roots in Hong Kong, the capability of expansion in China as well as an eye to global investment opportunities.
Over its long historys SEA Group has witnessed the economic turbulence and social upheavals in Hong Kong and the world, caused by the stock market crash in the 1970s, the confidence crisis in the 1980s, the Asian Financial Crisis in the 1990s, the SARS epidemic, as well as the global financial tsunami in 2000s and the European debt crisis in 2010s. Throughout the years, the Group had weathered these storms with equanimity and managed to learn and grow steadily, relying on its wealth of experience in property business and its flexibility.
The SEA Group's professional management team, stable financial position, quality corporate governance and adherence to its philosophy of "Building with the Times" will allow it to rise above its competitors and will allow it to grasp continuing investment as they arise and move with steady growth towards next century with confidence.
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