Mission/Strategy
 
 

Our Company

Yugang International Limited ("the Company") is a listed conglomerate in Hong Kong (Stock code: 613) with diversified business interests including trading of scrap metals and other materials, property investments, property management, treasury investment and operation of transport infrastructures.


Our Mission

We thrive on our endeavors to enhance the value of our investment portfolios and to foster a steady growth of the Company by pursuing a long-term strategy of exploring potential business opportunities in a prudent manner.


Our Strategy

The Company has persistently adopted a prudent financial policy and maintained adequate financial resources to keep the Company with strong liquidity and healthy financial position. The Company's strategies are pursuing steady growth with diversified risk, exploring business opportunities by strategic acquisition of equity interests in Hong Kong or abroad, and preserving sound financial and management capabilities to face any future challenges and future opportunities.

 

Brief History
 
 
  Yugang International Limited (“the Company”) was listed on the main board of The Stock Exchange of Hong Kong Limited (“Stock Exchange”) in November 1993. The principal activities of the Company include treasury investment, trading, property investment, and infrastructure investment etc.

 

In 1999, the Company made a general offer to acquire an approximately 51.46% interest in C C Land Holdings Limited (“C C Land”, stock code: 1224), a company listed on the main board of the Stock Exchange. The principal activities of C C Land include manufacturing and trading of packaging and luggage products, treasury investment, PRC property development and investment. On 6 November 2006, C C Land passed a resolution in a special general meeting to acquire a PRC real estate development business at a total consideration of HK$3,317,553,298 by issuance of new shares and convertible notes. Upon completion of the acquisition, the Company’s interest in C C Land was eventually diluted to below 20% and C C Land is no longer a subsidiary or an associate of the Company. Detail information of C C Land can be found in the section "Strategic Investments" or refer to the website www.ccland.com.hk.


 

 

In 2000, the Company further acquired the controlling shareholding of Y. T. Realty Group Ltd. ("Y. T. Realty", stock code: 75), a company listed on the main board of the Stock Exchange since 1984. The core business of Y. T. Realty is property investment. Further details of Y. T. Realty can be found in the section "Strategic Investments" and website www.ytrealtygroup.com.hk.



 
 

In 2001, through Y. T. Realty, the Company made a material acquisition of The Cross-Harbour Holdings Ltd. ("Cross-Harbour", stock code: 32), a company listed on the main board of the Stock Exchange. As a result, Cross-Harbour became the major associate of Y. T. Realty. The principal activities of Cross-Harbour include investment holding of 50% equity interests inWestern Harbour Tunnel and 39.5% equity interest in Tate’s Cairn Tunnel. Other transport infrastructure businesses include the operation and management of The Cross-Harbour Tunnel, operation of a driver training center through The Hong Kong School of Motoring Limited and provision of electronic toll collection services through Autotoll Ltd, a joint venture company. Further details of Cross-Harbour can be found in the website www.crossharbour.com.hk.

On 14 November 2016, shareholders of Y. T. Realty had, in a special general meeting, approved the payment of a special dividend by way of distribution in specie of all the shares of Cross-Harbour held by Y. T. Realty to its shareholders. As a result, Y. T. Realty ceased to hold any interest in Cross-Harbour.

   
Company Profiles
 
 
Head Office and Principal Place of Business in Hong Kong
8/F
China United Centre
28 Marble Road
North Point
Hong Kong

Telephone  : (852) 3198 0238
Fax : (852) 2520 6103
Website : http://www.yugang.com.hk
Investor Relations Contact : investors@yugang.com.hk

AUTHORISED REPRESENTATIVES
Cheung Ka Yee
Yueng Chi Lung

BOARD OF DIRECTORS

Executive Directors
Lam Hiu Lo
Liang Kang
Cheung Ka Yee
Tsang Wing Man


Independent Non-executive Directors
Chan Sze Hung
Ha Kee Choy, Eugene
Kwong Kai Sing, Benny


Company Secretary
Yeung Chi Lung


 
COMMITTEES

Audit Committee
 

Members
Ha Kee Choy, Eugene (Chairman)
Chan Sze Hung
Kwong Kai Sing, Benny


Terms of Reference


Nomination Committee
   
Members
Kwong Kai Sing, Benny (Chairman)
Ha Kee Choy, Eugene
Tsang Wing Man

Terms of Reference


 

Remuneration Committee
Members

Ha Kee Choy, Eugene (Chairman)
Cheung Ka Yee
Kwong Kai Sing, Benny


Terms of Reference

AUDITORS
Ernst & Young

PRINCIPAL BANKERS
The Hongkong and Shanghai Banking Corporation Limited
Bank of China (Hong Kong) Limited

LEGAL ADVISERS
Bermuda:
Conyers Dill & Pearman

Hong Kong:
Woo Kwan Lee & Lo
Cheung Tong & Rosa Solicitors

REGISTERED OFFICE
Clarendon House
Church Street
Hamilton HM11
Bermuda

PRINCIPAL SHARE REGISTRAR AND TRANSFER OFFICE
MUFG Fund Services (Bermuda) Limited
The Belvedere Building
69 Pitts Bay Road
Pembroke HM08
Bermuda


HONG KONG BRANCH
SHARE REGISTRAR AND TRANSFER OFFICE

Tricor Tengis Limited
Level 22 Hopewell Centre
183 Queen's Road East
Hong Kong

STOCK CODE
613


 

 

   
Corporate Organization Chart