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Last $0.07 SGD
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FUNG On Other Exchanges
As of 5:30 AM 09/5/14 All times are local (Market data is delayed by at least 15 minutes).

fung choi media group ltd (FUNG) Snapshot

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fung choi media group ltd (FUNG) Details

Fung Choi Media Group Limited, an investment holding company, engages in the media and marketing business. The company operates in five divisions: Printing, Supply Chain Management, Packaging, Advertising, and Commercial Displays. The Printing division is involved in the commercial printing of brochures, leaflets, posters, catalogues, calendars, and advertising and promotion materials, as well as light packaging materials for the fast moving consumer goods; and publication printing of magazines, books, periodicals, and journals for publishers. The Supply Chain Management division engages in the procurement and sourcing of peripheral products, including packaging boxes and various types of accessories for digital products and electrical equipment. The Packaging division is involved in the design and manufacture of various corrugated cardboard packaging sheets, corrugated cartons, die-cut boards, and assembled cartons. The Advertising division owns the advertising rights to a portfolio of magazines; and offers outdoor media advertising agency services. The Commercial Displays division is engaged in the design, manufacture, and sale of commercial point-of-sale display units, commercial signage, exhibition displays, and store fixtures; and provision of delivery and installation services to facilitate the advertising and promotional campaigns of customers in a range of industries, such as cosmetics, sportswear, healthcare, fashion, consumer goods, electrical appliances, and automobiles. The company operates in Hong Kong, Mainland China, North America, Europe, Australia, Africa, and other countries. Fung Choi Media Group Limited was founded in 1993 and is headquartered in Guangzhou, the People’s Republic of China.

Founded in 1993

fung choi media group ltd (FUNG) Top Compensated Officers

Co-Founder, President and Executive Director
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Co-Founder, Executive Chairman and Member of ...
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Financial Controller
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President of Guangzhou Wei Xun Advertising & ...
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Chief Accountant
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Compensation as of Fiscal Year 2015.

fung choi media group ltd (FUNG) Key Developments

Fung Choi Media Group Limited, Annual General Meeting, Nov 18, 2014

Fung Choi Media Group Limited, Annual General Meeting, Nov 18, 2014., at 10:00 Singapore Standard Time. Location: YWCA Fort Canning Lodge. Agenda: To receive and consider the Directors' report and the audited financial statements of the company for the year ended 30 June 2014 and the Directors' report and the auditors report thereon; to approve payment of Directors' fees of SGD 233,274 for the financial year ending 30 June 2015; to elect Mr. Siew Peng Yim; to re-elect Ms. Lai Yuen Ling; to re-elect Mr. Lek Siang Pheng; to re-appoint Messrs KPMG as auditors of the company and to authorise the Directors to fix their remuneration; to consider the authority be given to the Directors to allot and issue shares up to 50% of the issued share capital of the company; and to consider approvals from the Bermuda authorities.

Fung Choi Media Group Limited Announces Resignation of Wang Xiaodong as Independent Director

Fung Choi Media Group Limited announced resignation of Wang Xiaodong as independent director due to personal reasons with effect from July 19, 2014. Consequent to Mr. Wang's resignation as Independent Director of the Company, he will cease as Chairman of the Nominating Committee and a member of the Audit Committee and Remuneration Committee respectively.

Fung Choi Media Group Limited Reports Unaudited Consolidated Earnings Results for the Third Quarter Ended March 31, 2014

Fung Choi Media Group Limited reported unaudited consolidated earnings results for the third quarter ended March 31, 2014. The company reported turnover of HKD 1,484,187,000, profit from operations of HKD 29,095,000, profit before taxation of HKD 18,272,000, profit attributable to equity holders of the company of HKD 8,107,000 or 1.1 cents per diluted share against turnover of HKD 1,091,462,000, profit from operations of HKD 40,717,000, profit before taxation of HKD 24,982,000, profit attributable to equity holders of the company of HKD 10,405,000 or 1.4 cents per diluted share a year ago. Net cash used in operating activities was HKD 131,696,000 against HKD 99,571,000 a year ago. Payment for purchase of property, plant and equipment were HKD 4,486,000 against HKD 65,140,000 a year ago. Net cash used in operations amounted to HKD 131,696,000 due mainly to the working capital consumption in the supply chain management business during the period.


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