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tai united holdings ltd (718) Details

Tai United Holdings Limited, together with its subsidiaries, engages in the trading of metal-related and petrochemical products. The company is also involved in the trading of securities and commodities; sale of medical equipment; mining of natural resources, such as tungsten; and asset investment activities. It operates in Hong Kong, the People’s Republic of China, Singapore, Malaysia, Greece, India, and the United Arab Emirates. The company was formerly known as Bestway International Holdings Limited and changed its name to Tai United Holdings Limited in August 2016. The company was incorporated in 1995 and is headquartered in Admiralty, Hong Kong. Tai United Holdings Limited operates as a subsidiary of Tai He Financial Group Limited.

50 Employees
Last Reported Date: 12/29/16
Founded in 1995

tai united holdings ltd (718) Top Compensated Officers

Chairman
Total Annual Compensation: $603.0K
Executive Director
Total Annual Compensation: $390.0K
Compensation as of Fiscal Year 2016.
tai united holdings ltd
Tai United Holdings Limited Announces Executive Changes

The board of directors of Tai United Holdings Limited announced that with effect from 6 February 2017, Mr. Cheng Sik Kong has resigned as company secretary, authorized representative and authorized representative to accept on the company's behalf service of process and notices (process agent). The Board further announced that Ms. Yam Wai Wah Jenny has been appointed to replace Mr. Cheng as the Company Secretary, the Authorized Representative and the process agent with effect from 6 February 2017. Ms. Yam has over 20 years of experience in accounting, auditing and financial management.

Tai United Holdings Limited Announces Executive Appointments

The board of directors of Tai United Holdings Limited announced that with effect from February 01, 2017, Mr. Chua Hwa Por has been appointed as an executive Director of the Company. Mr. Chua, have over 10 years of experience in the areas of equity investments, trading in liquefied petroleum gas and chemical products and trade financing. The Board further announced that with effect from February 01, 2017, Mr. Chua has been appointed as the Chairman of the Board. Dr. Meng Zhaoyi ceased to act as the chairman of the Board but remained as an executive Director and chief executive officer of the company, Mr. Tang King Shing has been appointed as an independent non-executive-Director of the company and Tang has been appointed as a member of each of the audit committee, remuneration committee and nomination committee of the Board, in each case.

Tai United Holdings Limited Announces Mr. Wang Qiang as an Executive Director

The board of directors of Tai United Holdings Limited announced that Mr. Wang Qiang has been appointed as an executive Director of the Company with effect from 16 December 2016. Mr. Wang is a director of two wholly owned subsidiaries of the Company and responsible for managing the risk and return of the trading portfolios of the Group including commodities and securities. Mr. Wang has more than 15 years experience in investment banking and commodities trading. He is primarily in charge of hedge fund management, European property investment and commodities trading of the Group. He worked for DBS Bank in Singapore in the areas of risk management and quantitative analysis from 2002 to 2004. He was the head trader in UBS AG Hong Kong and Singapore from 2004 to 2006, focusing mainly in USD interest rate and commodity structure products trading in the Asian markets. He was the VP of Marketing in Lehman Brothers Hong Kong from August 2006 to July 2007, responsible for corporate clients from Mainland China. He has been acting as Managing Director of Huacheng International Resources Pte Ltd. since 2007.

 

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Price/Sales 0.6x
Price/Book 2.8x
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TEV/Sales 0.1x
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