Companies - Financial and insurance services - Hong Kong

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Polytec Asset Holdings Limited

Polytec Asset Holdings Limited, formerly known as Kin Don Holdings Limited, was incorporated in the Cayman Islands on 17 April 1998 and its ordinary shares have been listed on the main board of The Stock Exchange of Hong Kong Limited since 9 September 1998. In 1999, the Group went into financial difficulty. In 2000, Mr. Or Wai Sheun, the existing Chairman of the Board, acquired 26% interest in the Company and became the single largest shareholder of the Company. Since the acquisition by Mr. Or, new management has been appointed to the Company and the restructuring of the Group was commenced. In 2001, with the financial support from Mr. Or, the Group successfully implemented a debt restructuring scheme with its creditors. At the same time, Mr. Or acquired 56% interest in the Company and became the controlling shareholder of the Company. Year 2004 signified the turnaround of the Group. In January 2004, the Company changed its name to Polytec Asset Holdings Limited. The change in Company's name reflected that a new group with clear direction, vision and strategies has been developed. The Group was previously engaged in the garment industry, but, in view of the booming of the Macau economy, the Group started to invest in the property market in Macau and abandoned its low return garment business in 2004. During 2004, the Group acquired certain property interests located at the central district in Macau, including The Macau Square, China Plaza and Va Iong, as well as a site at Taipa, Macau for the development of Pacifica Garden. The Group also acquired the leading crushed tube ice manufacturer in Hong Kong, namely The Hong Kong Ice & Cold Storage Company Limited which contributes stable recurrent income to the Group. In November 2005, Mr. Or's interest in the Company was acquired by Kowloon Development Company Limited, a company also controlled by Mr. Or, as a part of the reorganization of their core businesses. In June 2006, the Group has made a significant move in Macau property market. It has acquired 80% interest in three property development projects at Oriental Pearl District of Novos Aterros da Areia Preta, Macau. The total GFA of the three property development projects will be more than 10 million sq. ft. Since then, the Group has become one of the leading property developer in Macau. In 2010, the Group has acquired an oil company which is engaged in the business of the production and exploration of oil from hydrocarbon deposits in Kazakhstan. The acquisition signifies the Group's diversification of its businesses into the energy sector. HKEx Stock Code: 208

  • Holding companies and groups of companies
  • Financial and insurance services
  • Holding companies, property

Tomson Group Limited

Tomson Group Limited (Stock Code: 258) is an investment holding company established in the late 1980's and its shares are listed on the Main Board of The Stock Exchange of Hong Kong Limited. Principal activities of the Group include property development and investment, hospitality and leisure business, securities trading as well as operation of and investment in media and entertainment activities. Mainland China, in particular Shanghai, is the principal operation base of the Group since it shifted its investment focus to Pudong New Area of Shanghai in the early 1990's. Property development and investment in Pudong New Area of Shanghai is the Group's core business with an emphasis on high-end residential development. Tomson Riviera is the key project of the Group and a high-rise residential development on the bank of Huangpu River in Lujiazui Finance and Trade Zone. In addition, the Group has completed development of a low-rise residential property project, namely Tomson Riviera Garden, in two phases at a site in Sanba River district and adjacent to Tomson Shanghai Pudong Golf Club and construction of phase 3 of the project is under way. The Group also acquired land use rights of a plot of land located at Jinqiao-Zhangjiang District for development of a low-density residential project in phases and the project is tentatively named "Tomson Jinqiao Garden". The first three phases of the project will provide over 100 residential units with a total residential gross floor area of over 60,000 square meters and it is expected that construction works of these phases will be completed in 2015. Engaged in exporter & importer of investment holding.

  • Holding companies and groups of companies
  • Financial and insurance services
  • Holding companies, industrial

China Nuclear Industry 23 International Corporation Limited

China Nuclear Industry 23 International Corporation Limited ("CNI23 Int'l" formerly known as Tack Hsin Holdings Limited) has completed the procedure of change of company name in February 2012. The Company will operate under the new name and continue to list on the Stock Exchange of Hong Kong Limited under the same stock code HK00611. The Company will move forward based on the current corporate culture and objectives such as stable development, in search of excellence and customer focus to generate better value for the shareholders. Since 1983, our company has trained up ample talents in its catering and hotel management businesses. Through the efforts of these loyal professionals, the Company has built up the reputation as one of the best catering and accommodation service providers in Hong Kong. With the growing economic activities between Hong Kong and the mainland China (the "PRC"), the business of the Sunny Days Hotels has reached a new height and will continue to expand its potential to capture this opportunity. In order to off-set the huge cost impact due to price increase of raw materials and rental, our management has acquired 25% equity interests of Jiangsu China Nuclear Industry Libert INC. in September 2011 to diversify business risk and cultivate a business direction of the Company other than catering and hotel services. China He Investment (Hong Kong) Company Limited ("China He Investment HK") is the controlling shareholder of CNI23 Int'l. China He Investment HK is a subsidiary of ZOC Investment Co., Ltd. (formerly transliterated as Zhong He Investment Company Limited) ("ZOC Investment"). ZOC Investment is a wholly-owned subsidiary of China Nuclear Engineering Group Co. ("CNEGC") and an investment platform for new fields and new businesses. CNEGC is a key state-owned enterprise under the management of State-owned Assets Supervision and Administration Commission of the State Council of the PRC.

  • Holding companies and groups of companies
  • Financial and insurance services
  • Holding companies, services
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