September 30, 2014 9:53 AM ET

Household Durables

Company Overview of Ngai Lik Industrial Holdings Limited

Company Overview

As of May 16, 2014, Ngai Lik Industrial Holdings Limited was acquired by Ying Luen International Investment Limited, in a reverse merger transaction. Ngai Lik Industrial Holdings Limited, an investment holding company, engages in the design, manufacture, and sale of electrical and electronic products. It operates through two segments, EMS Business, and Oil and Gas Transactions. The company is also involved in trading oil and gas, and electronic products, as well as provides consultancy services. It has operations in Singapore, Japan, Taiwan, Malaysia, the People’s Republic of China, Korea, Thailand, the Middle East, Hong Kong, and the United States. The company was founded in 1976 and is bas...

Room 4102

41st Floor

Far East Finance Centre

16 Harcourt Road

Hong Kong,  

Hong Kong

Founded in 1976

20 Employees

Phone:

852 2969 3622

Fax:

852 3009 8442

Key Executives for Ngai Lik Industrial Holdings Limited

Ngai Lik Industrial Holdings Limited does not have any Key Executives recorded.

Ngai Lik Industrial Holdings Limited Key Developments

Ngai Lik Industrial Holdings Limited Appoints Bao Jun as an Executive Director

Ngai Lik Industrial Holdings Limited appointed Bao Jun as an executive director with effect from the completion of the transactions contemplated under the UHL SPA as supplemented by the supplemental agreement and to authorise the board of directors to fix his remuneration at the special general meeting held on May 8, 2014.

Ngai Lik Industrial Holdings Limited, Special/Extraordinary Shareholders Meeting, May 08, 2014

Ngai Lik Industrial Holdings Limited, Special/Extraordinary Shareholders Meeting, May 08, 2014., at 09:45 China Standard Time. Location: Hong Kong General Chamber of Commerce, 22/F., United Centre. Agenda: To consider sale and purchase agreement; to allot ordinary shares; to authorize the directors to do all such acts, deeds and things and to sign, execute and deliver such documents; to change the company name; to appoint director and authorize the board to fix remuneration; and to authorize any director to enter into service contract or such other documents or supplemental agreements or deeds.

Ngai Lik Industrial Holdings Limited Announces Unaudited Consolidated Earnings Results for the Six Months Ended September 30, 2013

Ngai Lik Industrial Holdings Limited announced unaudited consolidated earnings results for the six months ended September 30, 2013. For the period, the company reported turnover of HKD 7,272,343,000 against HKD 2,561,530,000 for the same period a year ago. Loss from operations was HKD 1,388,000 against HKD 1,371,000 for the same period a year ago. Loss before taxation was HKD 1,388,000 against HKD 4,118,000 for the same period a year ago. Loss for the period was HKD 1,615,000 or 0.16 cents per basic share against HKD 4,140,000 or 0.41 cents per basic share for the same period a year ago. Net cash used in operating activities was HKD 8,054,000 against HKD 102,456,000 for the same period a year ago. During the current interim period, the group spent approximately HKD 130,000 on property, plant and equipment against approximately HKD 12,000 reported in the same period last year. The rise in turnover was mainly attributable to the growth in the oil trading business which reported a turnover of approximately HKD 7,272 million during the Period.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 28, 2013
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