March 23, 2017 7:40 PM ET

Real Estate Management and Development

Company Overview of Liu Chong Hing Investment Limited

Company Overview

Liu Chong Hing Investment Limited, an investment holding company, engages in the investment and development of real estate properties in the People’s Republic of China. It operates in Property Investment, Property Development, Property Management, Treasury Investment, Trading and Manufacturing, and Hotel Operation segments. The company primarily invests in and develops residential buildings, commercial buildings, and shopping centers; and leases and sells properties. It also provides money lending; nominee; and property agency, marketing, and sales support services. Further, the company manufactures and sells ferrite magnetic materials; operates and manages budget hotels under the Hanting na...

Chong Hing Bank Centre

25th Floor

24 Des Voeux Road

Central,  

Hong Kong

Founded in 1970

Phone:

852 2983 7777

Fax:

852 2983 7725

Key Executives for Liu Chong Hing Investment Limited

Chief Executive Officer, Managing Director and Executive Director
Age: 76
Total Annual Compensation: $8.2M
Executive Chairman
Age: 78
Total Annual Compensation: $9.4M
Deputy Managing Director and Executive Director
Age: 49
Total Annual Compensation: $5.5M
Executive Director
Age: 40
Total Annual Compensation: $3.1M
Company Secretary and Executive Director
Age: 55
Total Annual Compensation: $3.0M
Compensation as of Fiscal Year 2015.

Liu Chong Hing Investment Limited Key Developments

Liu Chong Hing Investment Limited Recommends Final Cash Dividend for the Year Ended December 31, 2016, Payable on May 26, 2017

The Board of Directors of Liu Chong Hing Investment Limited proposed to recommend a final cash dividend for the year ended 31 December 2016 of HKD 0.30 per share compared to HKD 0.26 per share a year ago. The proposed final cash dividend, if approved by the shareholders at the forthcoming Annual General Meeting to be held on 9 May 2017, will be paid on 26 May 2017 to the Company's shareholders registered on 19 May 2017.

Liu Chong Hing Investment Limited Reports Audited Consolidated Earnings Results for the Year Ended of December 31, 2016

Liu Chong Hing Investment Limited reported audited consolidated earnings results for the year ended of December 31, 2016. For the period, the company reported revenue of HKD 1,031,138,000 compared to HKD 1,193,032,000 a year ago. Profit before tax was HKD 519,429,000 compared to HKD 471,033,000 a year ago. Profit for the year attributable to owners of the company was HKD 457,907,000 compared to HKD 410,366,000 a year ago. Basic earnings per share were HKD 1.21 compared to HKD 1.08 a year ago.

Liu Chong Hing Investment Limited Announces Management Changes

The board of directors of Liu Chong Hing Investment Limited announced that Mr. Tong Tsin Ka, an Independent Non-executive Director, Chairman of Audit Committee and Member of Nomination Committee of the Board, has informed the company that due to other business and personal engagements, he will not offer himself for re-election at the forthcoming annual general meeting of the company to be held on 9 May 2017, and will cease to act as an INED, Chairman of Audit Committee and Member of Nomination Committee with effect at the conclusion of the AGM. Mr. Andrew Liu, for personal reasons, has resigned as a Non-executive Director of the company with effect from 8 March 2017; and Mr. Liu Chun Ning, Wilfred, a Non-executive Director, has informed the company that due to other business and personal reasons, he will not offer himself for re-election at the forthcoming annual general meeting of the company to be held on 9 May 2017, and will cease to act as a NED with effect at the conclusion of the AGM.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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