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Company Background

Established in 1975 and headquartered in Hong Kong, Applied Development Holdings Limited (“ADHL”) has successfully transformed itself from an electronics OEM manufacturer for multi-national companies into a luxury resort developer in the tropics. With a proven track record in Hong Kong, ADHL was ranked in 1995 as one of Asia’s fastest growing companies for three consecutive years.

With view to the high growth potential of resort industry as compared with the shrinking profit margin of the OEM industry, the Group has re-positioned itself to capture the booming up-scale resort market. The acute business vision of ADHL has evidenced in its two flagship resort development projects.


The Group has set up a joint venture with InterIsle Development Ltd. ("InterIsle"), a joint venture of Interlink Group ("Interlink") and Island Global Yachting ("IGY"), to develop Beef Island in the British Virgin Islands (“BVI Project"). ADHL further expanded its resort development in Playa Grande in the Province of Chiriqui in Panama ("Panama Project").

ADHL leverages the Group's deep experience and expertise to provide high-quality growth opportunities for resort and Resort Development with support of a prestigious group of partners, including Jack Nicklaus, EDSA, ATM, Hill Glazier, Harris Civil Engineers, Wilson & Associates, Norton Consulting Real Estate and Leisure Advisors and Robert Charles Lesser & Co.

ADHL strives to illustrate its unique approach to resort and Resort Development through its convergence with government development objectives and through its ability to preserve and incorporate the local environment and culture into its design and business strategies.