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190 On Other Exchanges
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hkc holdings ltd (190) Snapshot

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hkc holdings ltd (190) Details

HKC (Holdings) Limited, together with its subsidiaries, engages in the property investment and development, alternative energy investment and operation, and infrastructure businesses in Hong Kong and Mainland China. The company operates through Properties Development, Property Investment and Leasing, Infrastructure, Alternative Energy, and Other segments. It develops and builds residential properties, including townhouses, high rise apartments, and villas; invests in various properties comprising shopping malls and offices, as well as in properties for restaurants and retail purposes; and invests in ethanol energy business. The company also develops and operates building materials center; develops wind power projects; constructs and operates toll road on a build-operate-transfer contract in Guilin; trades in construction materials; and provides property management services. HKC (Holdings) Limited is headquartered in Tsimshatsui East, Hong Kong.

437 Employees
Last Reported Date: 09/17/15

hkc holdings ltd (190) Top Compensated Officers

Chief Executive Officer, Executive Director a...
Total Annual Compensation: $13.0M
Chief Financial Officer and Member of Executi...
Total Annual Compensation: $2.5M
Investor Relations Director, Executive Direct...
Total Annual Compensation: $2.6M
Group Project Director of Property Department...
Total Annual Compensation: $2.9M
Compensation as of Fiscal Year 2014.

hkc holdings ltd (190) Key Developments

HKC (Holdings) Limited Reports Audited Consolidated Cash Flow Results for the Six Months Ended June 30, 2015

HKC (Holdings) Limited reported audited consolidated cash flow results for the six months ended June 30, 2015. For the year, the company reported net cash generated from operating activities of HKD 72.8 million against net cash used in operating activities of HKD 122.8 million a year ago. Purchase of property, plant and equipment was HKD 32.8 million compared with HKD 43.8 million a year ago. Additions to prepayment for property, plant and equipment and investment properties under development was HDK 85.0 million compared with HKD 43.7 million a year ago.

HKS (Holdings) Limited Announces Changes in the Board of Directors, Effective September 1, 2015

The Board of HKC (Holdings) Limited announced that Mr. Joseph CHAN decided to step down from the board as an Executive Director with effect from September 1, 2015. Mr. Joseph CHAN first joined the group as chief financial officer from August 2006 to October 2009. Mr. Joseph CHAN served on the board as an executive director from June 2007 to September 2009. Mr. Joseph CHAN re-joined the group as the chief financial officer on June 10, 2013 and has served on the board as an executive director since September 2013 before his resignation from the board. His resignation decision was made after he has decided to advance in academics. Following his resignation as an Executive Director, Mr. Joseph CHAN will remain as Chief Financial Officer of the group and a member of the Executive Committee of the company. The Board announced that Mr. Samuel LEUNG has agreed to accept his appointment as executive director with effect from September 1, 2015. Mr. Samuel LEUNG, aged 51, has been appointed as an Executive Director and Chief Financial Officer of China Renewable Energy Investment Limited. He joined the CRE Group in April 2008 as Qualified Accountant. He also holds several directorships in other members of CRE Group and is a member of the investment committee and the executive committee of CRE. He has over 20 years' experience in auditing and finance management with an international audit firm and other major conglomerates in Hong Kong. Prior to joining the CRE Group, Mr. Samuel LEUNG was a director of internal control and risk management of the company. He is currently also a director of certain subsidiaries of the company.

Hkc (Holdings) Limited Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2015

HKC (Holdings) Limited announced unaudited consolidated earnings results for the six months ended June 30, 2015. For the period, the company reported revenue HKD 687.0 million against HKD 399.7 million a year ago. Operating loss was HKD 657.5 million against HKD 6.4 million a year ago. Loss before income tax was HKD 937.6 million against HKD 31.2 million a year ago. Loss attributable to equity holders of the company was HKD 687.4 million or 5.9 cents per basic and diluted share against HKD 187.4 million or 1.7 cents per basic and diluted share a year ago. The primary reason for the loss is that during the interim period, analysis of the market in the Hongkou District of Shanghai suggests that due to oversupply, the Group will not be able to achieve its earlier forecasted office and retail rents upon completion.


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China Datang Corp Renewable Power Co Ltd $0.88 HKD 0.00
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