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shougang concord tech hld (521) Details

Shougang Concord Technology Holdings Limited, an investment holding company, is engaged in the development and provision of system integration solutions in the People’s Republic of China and Hong Kong. The company operates through Intelligent Information Business and Others segments. It also provides management services and system design services, as well as sells system hardware and light emitted diode products. The company was founded in 1983 and is based in North Point, Hong Kong.

285 Employees
Last Reported Date: 04/23/14
Founded in 1983

shougang concord tech hld (521) Top Compensated Officers

Managing Director, Executive Director, Chairm...
Total Annual Compensation: $200.0K
Compensation as of Fiscal Year 2013.

shougang concord tech hld (521) Key Developments

Shougang Concord Technology Holdings Limited, Special/Extraordinary Shareholders Meeting, Jul 23, 2014

Shougang Concord Technology Holdings Limited, Special/Extraordinary Shareholders Meeting, Jul 23, 2014., at 11:00 China Standard Time. Location: Units 2606A-2608, 26th Floor, Island Place Tower, 510 King's Road, North Point. Agenda: To consider the agreement dated 18 June 2014 entered into between the company and HNA Group (International) Company Limited in relation to the subscription of an aggregate of 418,144,000 shares; to consider the execution of the Subscription Agreement and any other agreements, documents and actions taken or to be taken in connection with the Subscription; to consider granting the listing of and permission to deal in the Subscription Shares, the Directors be authorised to allot and issue the Subscription Shares to the Subscriber; and to consider any Director be and is hereby authorised to do all acts and things and execute any agreements, deeds, instruments and any other documents, under hand or under seal.

Shougang Concord Technology Holdings Limited Reports Audited Consolidated Cash Flow Results for the Full Year Ended December 31, 2013

Shougang Concord Technology Holdings Limited reported audited consolidated cash flow results for the full year ended December 31, 2013. For the year, the company reported net cash used in operating activities of HKD 57,986,000 compared to net cash used in operating activities of HKD 75,561,000 for the same period a year ago. Purchases of property, plant and equipment was HKD 27,730,000 compared to HKD 61,753,000 last year. Capital expenditure was HKD 3,478,000 compared to HKD 2,554,000 last year.

SCTHL In Discussions For Sale Of Equity Interest In Digital Television Business

Shougang Concord Technology Holdings Limited (SEHK:521) (SCTHL) is in talks to sell equity interest in digital television business. The Board of Directors of SCTHL informed that the company along with a partner is in the progress of preliminary negotiation with several potential buyers on the sale of equity interest in digital television business by SCTHL.


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