Day/Month/Year | Particulars | Capital in U.S. Dollars |
Background : Tha family of our major shareholder has started metal business since 1950. |
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1972
|
Yeung’s Metal | Sole Proprietor |
5/1974
|
Registered as a Limited Company Paid up Capital: HK$ 10,000.00 (US$1,282.00) |
Limited Company |
1977
|
Appointed by Nippon Kinzaku as selling agent in H.K. | |
7/1979
|
Supplying “Tereworld”TM Products | |
8/1980
|
Supplyed”SAKURA”TM Products | |
1984
|
Acquired self-owned office | |
3/1989
|
Paid up Capital increased to HK $ 1,500,000 | |
1989
|
Acquiring self-owned warehouse (~ 6,000 sq ft) |
|
1990
|
Moving warehouse (over 10,000 sq ft) |
|
10/1991
|
Joint Venture with Lamp S.P.A Italy | |
10/1992
|
China Sub-contractors Covered area : 400,000 sq ft |
|
7/1994
12/1994 |
Australian Sister Company Established Paid up Capital increased: HK$2,100,000.00 |
|
4/1995
|
Supplying “Manyrich“TM Products | |
1996
|
Selling of Pacific Metal, Japan | |
10/1996
|
Sole Agent of B&L , U.K. | |
12/1996
|
Paid up Capital increased to HK$3,550,000.00 |
|
5/1997
|
Paid up Capital increased to HK$4,100,000.00 US$525, 640.00 |
|
5/1999
|
Paid up Capital increased to HK$5,070,000.00 US$650,000.00 |
HK$5,070,000.00 US$650,000.00 |
12/1998
|
Authorized Capital increased to | US$1,282,050.00 |
Issued & Fully Paid | US$525,640.00 | |
1/1999
|
Sole Agent of Pacific Metal, Japan | |
5/1999
|
Issued & Fully Paid | HK$5,070,000.00 US$650,000.00 |
2006 |
Paid up Capital increased to |
HK$10,000,000.00 |
2009 |
Authorized Capital increased to |
HK$1,000,000,000.00 |
Properties are owned by the group & partners