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November 24, 2015 5:56 PM ET

Diversified Consumer Services

Company Overview of MNC Strategic Investments PLC

Company Overview

MNC Strategic Investments PLC does not have significant operations. The company intends to procure acquisition and investment opportunities in quoted and unquoted businesses, or invest in projects that are in the technology, media, and Internet sectors, which would involve in the development and delivery of education platforms or the provision of Internet based services in Asia. Previously, it was engaged in education services business. The company was formerly known as LZYE Group Plc and changed its name to MNC Strategic Investments PLC in July 2014. The company was founded in 2006 and is based in Hong Kong, Hong Kong. MNC Strategic Investments PLC is a subsidiary of ISF Asset Manager Limit...

Tower One Lippo Centre

7th Floor

89 Queensway

Hong Kong,  

Hong Kong

Founded in 2006

2 Employees

Key Executives for MNC Strategic Investments PLC

Chief Executive Officer
Financial Controller
Chief Vision Officer
Age: 52
Compensation as of Fiscal Year 2015.

MNC Strategic Investments PLC Key Developments

MNC Strategic Investments PLC' Shares To Be Cancelled Admission To Trade On AIM

MNC Strategic Investments PLC announced that on January 5, 2015 the Company's shares were suspended from trading on AIM as it had failed to fulfill the requirements of AIM Rule 15. Following this suspension of trading for six months, pursuant to AIM Rule 41, the Company's shares will be subject to cancellation from Admission to trading on AIM with effect from 7.00 a.m. on July 6, 2015.

MNC Strategic Seeks Investment

MNC Strategic Investments PLC (AIM:MNCS) has been seeking to either fulfill its investing policy or to effect a reverse takeover as required under AIM Rule 15. The Board has reviewed a number of opportunities since MNCS became an investing company in July 2014 however, due to various reasons, have not been able to complete a transaction. Accordingly, MNCS' shares will be subject to cancellation from Admission to trading on AIM with effect from July 6, 2015. The Board reaffirms its intention to seek an acquisition which falls within the approved investing policy although if an opportunity falls outside the investing policy then the Board will consider such opportunities if, in the Board's view, the opportunity offers good prospects for shareholders.

MNC Strategic Investments PLC Announces Earnings Results for the Six Months Ended September 30, 2014

MNC Strategic Investments PLC announced earnings results for the six months ended September 30, 2014. For the period, the company announced profit before tax of HKD 15,166,000 compared to HKD loss before tax of HKD 2,513,000 a year ago. Profit for the period was HKD 15,166,000 or HKD 24.06 per diluted share compared to loss for the period of HKD 2,513,000 or HKD 10.19 per basic and diluted share a year ago. Net cash used in operating activities was HKD 3,535,000 compared to HKD 364,000 a year ago.

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