20 Dec 2004 Swire Properties to take 20 percent stake in PCCW Tower Swire Properties announced today (Monday, 20 December 2004) that it has agreed to acquire a 20% shareholding in Richly Leader Limited, which on 19 November 2004 signed a Provisional Agreement to purchase PCCW Tower in TaiKoo Place, Quarry Bay from a subsidiary of Pacific Century Premium Developments Limited.