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deson development intl hld l (262) Snapshot

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deson development intl hld l (262) Details

Deson Development International Holdings Limited, an investment holding company, primarily engages in property development and investment businesses in Hong Kong and Mainland China. It invests in and develops residential and commercial properties. The company also trades in medical equipment, and home security and automation products, as well as provides related installation and maintenance services. It offers wired and wireless security devices and systems, which are applicable to residential estates, commercial offices, shops, hotels, hospitals, museums, and prisons. In addition, the company supplies and installs imported and local granite and marble slabs and cut-to-size pieces; and exports and imports granite and marble slab and stone ornaments for trading purpose, as well as metal hardwares, such as various bolts, nuts, and other hardware products for construction industry. Further, it leases new and second-hand construction machineries; provides import-export agency services, and maintenance and repair services; and sells and supplies machinery spare parts. The company was founded in 1988 and is headquartered in Kwun Tong, Hong Kong.

307 Employees
Last Reported Date: 12/8/14
Founded in 1988

deson development intl hld l (262) Top Compensated Officers

Co-Founder, Deputy Chairman, Managing Directo...
Total Annual Compensation: $4.8M
Executive Chairman
Total Annual Compensation: $300.0K
Director of Managing the Groups Projects in t...
Total Annual Compensation: $853.0K
Compensation as of Fiscal Year 2014.

deson development intl hld l (262) Key Developments

Deson Development International Holdings Ltd. Announces Executive Changes

Deson Development International Holdings Ltd. announced that in order for Mr. Keung Kwok Cheung to focus on his responsibilities in view of his position as the Chief Executive Officer, Executive Director and Compliance Officer of DCIHL pursuant to the proposed spin-off, the Board announced that with effect from January 7, 2015, Mr. KC Keung resigned as an Executive Director of the company. The Board announced that Mr. Tjia Wai Yip, William has been appointed as an Executive Director of the company with effect from January 7, 2015. Mr. William Tjia, aged 39, joined the group in February 2000. Mr. William Tjia is a director of Deson Innovative Limited since July 2005. He is responsible for intelligent building and security systems business of the group, and has over 14 years' of experience in this field.

Deson Development International Holdings Ltd., Board Meeting, Dec 19, 2014

Deson Development International Holdings Ltd., Board Meeting, Dec 19, 2014. Agenda: To consider the declaration of a conditional distribution in specie of approximately 27.66% of the issued share capital of DCIHL as enlarged by the Placing Shares.

Deson Development International Holdings Ltd. Declares Interim Dividend for the Six Months Ended September 30, 2014, Payable on or Around December 31, 2014; Announces Unaudited Consolidated Earnings Results for the Six Months Ended September 30, 2014

The Board of Directors of Deson Development International Holdings Ltd. has resolved to declare an interim dividend of 1 cent against 1 cent a year ago in respect of the six months ended September 30, 2014 per ordinary share in issue payable on or around December 31, 2014 to shareholders whose names appear on the register of members of the company on December 17, 2014. The company announced unaudited consolidated earnings results for the six months ended September 30, 2014. For the six months, the company reported revenues of HKD 551,228,000 against HKD 407,819,000 a year ago. The increase was mainly contributed by the construction business segment, which more building construction contracts and fitting out contracts with higher aggregate contract sum were granted to the Group during the current period. Profit before tax was HKD 52,776,000 against HKD 36,281,000 a year ago. Profit attributable to owners of the company was HKD 31,912,000 against HKD 27,468,000 a year ago. Basic and diluted earnings per share attributable to ordinary equity holders of the company was 5.77 cents against 4.93 cents a year ago. Total capital expenditure was approximately HKD 303,000, which are mainly used in the purchase of office equipments.


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