Wang On Properties, a property developer, and APG, a pension provider, formed a joint venture. Wang On Properties and APG will work closely with an initial total commitment of $600m. “We are excited about the partnership with APG. We believe that is a perfect fit for our business to grow further and it will bring the company to the next level. We are keen to provide more residential products to the Hong Kong market while at the same time providing solid returns to the JV Company," Nick Tang, Wang On Properties CEO and Executive Director.