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ban loong holdings ltd (30) Details

Ban Loong Holdings Limited, an investment holding company, engages in the financial quotation, wireless applications development, mining, money lending, and trading of goods and commodities businesses in Hong Kong. The company offers QuotePower-Web, a Web-based real-time quotation service that provides streaming quotes to retail investors and professionals; QuotePower-PDA, a streaming stock quotes service accessible using the pocket PC; QPI-Mobile, which offers streaming quotes on equities and forex on J2ME phones; QPI-Trade, an Internet-based multi-market securities trading system for banks, brokers, and financial portals; and QuotePower-Junior that allows the institutional customers to use the remaining space for the provision of on-line trading. It also provides QuotePower-Chart, a charting tool; QPI Feeds, which offer real-time or delayed market data to institutional customers in streaming signals, text files, images, or database formats; QPI Snapshot Quotes for stockbroking and banking customers; QPI-WAP to access financial data; and SMS/eMail Messaging services. In addition, the company offers wireless solutions and applications, such as SMS/MMS solutions; InfoBase, a server software to enable the dynamic refresh of streaming data on WAP devices; JAVA server-client solutions; and FM MOBILE, an enterprise solution for companies to manage mobile workforce, as well as provides enterprise solutions for mobile operators and corporations. Further, it extracts, explores, and sells minerals. It owns two gold mines in Henan Province and one gold mine in Xinjian Uygur Autonomous Region covering an area of approximately 36.44 square kilometers. Additionally, it provides short-term personal loans, as well as trades in stainless steel coils, and refined edible oils. The company was formerly known as ABC Communications (Holdings) Limited and changed its name to Ban Loong Holdings Limited in October 2015. The company was founded in 1971 and is based in Wanchai, Hong Kong.

63 Employees
Last Reported Date: 12/20/16
Founded in 1971

ban loong holdings ltd (30) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $1.3M
Compensation as of Fiscal Year 2016.
ban loong holdings ltd
Ban Loong Holdings Limited Announces Auditor Changes

Ban Loong Holdings Limited board of directors announced that SHINEWING (HK) CPA Limited resigned as the auditor of the company and its subsidiaries with effect from 9 March 2017, as the company cannot reach a mutual agreement with SHINEWING on the audit fee for the financial year ending 31 March 2017. On 9 March 2017, the Board proposes to appoint HLB Hodgson Impey Cheng Limited as the Group's auditor to fill the casual vacancy following the resignation of SHINEWING and to hold office until the conclusion of the next annual general meeting of the company subject to the appointment being approved by the Shareholders at the 2017 AGM.

Ban Loong Holdings Limited Announces Executive Changes

The board of directors of Ban Loong Holdings Limited announced that Mr. Cheung Wai Shing resigned as an executive Director and the Company Secretary of the company with immediate effect, due to his intention to concentrate on his own business engagement. As a result of the resignation of Mr. Cheung as a Director on 24 January 2017, he also immediately ceased to be a member of the Nomination Committee and the Remuneration Committee of the company. The Board announced that on 24 January 2017, Mr. Chu Ka Wa, the executive Director of the company was appointed as a member of Nomination Committee and the Remuneration Committee of the Company with immediate effect. The Board announce that on 24 January 2017, Ms. Li Wing Sze was appointed as the Company Secretary of the company with immediate effect. Ms. Li joined the company in October 2010 and was appointed as the Assistant Company Secretary of the company since October 2010.

Ban Loong Holdings Limited Announces Executive Appointments

Ban Loong Holdings Limited Mr. Chow Wang was appointed as the Chief Executive Officer of the Company with immediate effect; Mr. Chu Ka Wa was appointed as an executive Director and the Chief Financial Officer of the Company with immediate effect and Mr. Wang Zhaoqing was appointed as an executive Director with immediate effect. Mr. Chow joined the Company as the Chairman and an executive director of the Company since 2014. Mr. Chow has over more than 20 years of experience in the field of business development, trading and investment. After Mr. Chow finished his secondary education in China in early 80's, he was engaged in trading business in Shenzhen, China. After relocating to Hong Kong in late 80's, Mr. Chow established Ban Loong Shareholding Limited ("Ban Loong Shareholding") and acquired Union Shine Technology Limited ("Union Shine"). Ban Loong Shareholding is engaged in the investment in private equity projects in Hong Kong and China, while Union Shine is engaged in the production of consumer electronic products, accessories and parts. Mr. Chow has extensive experience in corporate development and management, and has a well-established social network in financial and business sectors in Hong Kong and China. Mr. Chu joined the Company in 2013 and was appointed as the Financial Controller of the Company since March 2013. Mr. Chu is a member of Hong Kong Institute of Certified Public Accountants. Mr. Chu had over 7 years' experience in auditing and financial management. Mr. Wang joined the Company in 2013 and was appointed as the Chief Operating Officer of the Company since December 2013. From 2007 to 2008, he was a Senior Visiting Scholar in Asia School of Business Singapore. Mr. Wang has over 25 years of working experience in the business operating sector, and is experienced in financial and economic analysis, and the management of import and export.


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