HCK Capital Group (HCK) aims to further add value to its property portfolio with the introduction of its Propertywise software platform.
Designed to minimise wastage of materials, time and unnecessary costs, the Propertywise platform is expected to enhance the marketing of HCK properties globally.
“Propertywise platform will further enhance HCK’s efforts to entice and capture prospective customers by positioning the investor as a strategic partner by augmenting the value of their investments.
“Propertywise will also enable HCK to evaluate and assess its properties and recommend any necessary changes to the properties) to enhance its marketability and attractiveness to potential investors,” said HCK senior director of business development and alliances Datuk Joseph Hii.
Apart from being able to assist investors to manage their property portfolios, the introduction of Propertywise will enable better control and monitoring of the many stages of each development, such as construction or refurbishment progress. It will also help investors manage their property portfolios.
HCK is devoted to using cutting-edge technology to add value to its property projects in order to reduce operational expenses.
On top of that, the property software is being introduced by HCK in partnership with its subsidiaries Tech Alliances Limited (TAL) and Edu Space Management Sdn Bhd (ESM).
Earlier on Aug 27, 2019, TAL was formed as a private limited company in Hong Kong under the Companies Ordinance (Chapter 622 of the Laws of Hong Kong). Their primary operations include e-marketing, e-branding, social media branding, content, editorial content as well as referral of clients and customers.
Meanwhile, on March 7, 2013, ESM was founded in Malaysia as a private limited company under the Companies Act 1965 (now known as the Companies Act 2016). ESM’s primary business is the management of lands and buildings.
The launch of the Propertywise will not affect HCK’s issued share capital and is not expected to have a major impact on the HCK Group’s net asset, gearing or earnings for the fiscal year ending Dec 31, 2022.
However, Propertywise is likely to contribute positively to the HCK Group’s profitability in future fiscal years. – Jan 13, 2022