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titan petrochemicals group l (1192) Details

Titan Petrochemicals Group Limited, an investment holding company, provides logistics, transportation, distribution, and marine services for petrochemical products in the Asia Pacific region. The company offers logistic services, such as offshore storage and oil transportation; and bunker refueling services, as well as supplies oil products. It also provides consultancy, financing, and shipbuilding and ship repair services. The company was formerly known as Titan (Holdings) Limited and changed its name to Titan Petrochemicals Group Limited in May 2004. The company was incorporated in 1998 and is headquartered in Wanchai, Hong Kong. Titan Petrochemicals Group Limited is a subsidiary of Fame Dragon International Investment Limited.

170 Employees
Last Reported Date: 09/29/16
Founded in 1998

titan petrochemicals group l (1192) Top Compensated Officers

Chief Executive and Executive Director
Total Annual Compensation: $1.2M
Chairman of the Board
Total Annual Compensation: $799.0K
Deputy Chief Executive
Total Annual Compensation: $831.0K
Compensation as of Fiscal Year 2015.
titan petrochemicals group l
Titan Petrochemicals Group Limited Announces Earnings Guidance for the Year Ended Dec. 31, 2016

Titan Petrochemicals Group Limited announced that based on the preliminary assessment of the unaudited consolidated management accounts of the Group, the Group is expected to record a net profit for the year ended 31 December 2016 as compared to a net loss for the year ended 31 December 2015. The turnaround from net loss to net profit was mainly attributable to the non-cash gains arising from the completion of the debt restructuring of the Group during the year ended 31 December 2016.

Titan Petrochemicals Group Limited, Special/Extraordinary Shareholders Meeting, Feb 20, 2017

Titan Petrochemicals Group Limited, Special/Extraordinary Shareholders Meeting, Feb 20, 2017, at 11:00 China Standard Time. Location: 4902, 49/F., Sun Hung Kai Centre 30 Harbour Road Wanchai Hong Kong Agenda: To consider and approve the appointment of Elite Partners CPA Limited as the auditors of the company and authorise the directors of company to determine their remuneration; and to consider and approve the change of the official registered English name of the company from Titan Petrochemicals Group Limited to Sinozing Group Limited and adopt the new Chinese name as its secondary name to replace its existing Chinese name.

Titan Petrochemicals Group Limited Announces Auditor Changes

The Board of Titan Petrochemicals Group Limited announced that HLB Hodgson Impey Cheng Limited has resigned as the auditors of the company and its subsidiaries with effect from 13 January 2017. The Board, with the recommendation of the audit committee of the company, proposed to appoint Elite Partners CPA Limited as the group's new auditors.


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