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00946
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HONTEX INTERNATIONAL HOLDINGS COMPANY LIMITED
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Profile
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Chairman
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Mr. Shao Ten-Po
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Directors
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Shao Ten-Po (Chairman & Executive Director)
Tseng Chung-Cheng (Vice Chairman & Executive Director)
Liao Chin-Yi (CEO & Executive Director)
Liao Min-Chiang (Executive Director)
Wang Shih-Ting (Non-Executive Director)
Lu Chien-An (Independent Non-Executive Director)
Chang Chuan-Fang (Independent Non-Executive Director)
Chen Fang-Kun (Independent Non-Executive Director)
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Secretary
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Ms. Ko Ming Wai
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Address
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Unit 1601, 16/F., Cosco Tower, 183 Queen¡¦s Road Central, Hong Kong
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Tel
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Fax
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URL
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Business nature
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The Group is engaged in the production of manufacture of chemical fibre knitted fabrics, especially with focus on functional fabrics, for sportswear clothing in the province of Fujian in the PRC.
[IPO Information]
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Prospects
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The Group will continue to expand and optimise the distribution network of its MXN branded products. In 2008, its sales channels had mainly been distributionship and franchising. It intends to apply approximately HK$352.6 million of the proceeds from the Global Offering, which represents approximately 35.3% of the net proceeds, to gradually speed up the establishing of 20 self-owned and operated flagship stores in 20 prime locations in major cities or provinces of the PRC in the coming years of 2010 and 2011. The flagship stores are planned to be located in East China (such as Shanghai and Fujian), South China (such as Hubei, Guangdong and Hong Kong), Southwest China (such as Sichuan and Yunnan), Northeast China (such as Heilongjiang Liaoning), and North China (such as Beijing and Tianjin). It believes that the flagship stores are a good means for promoting the image of the brand and style of the shop for attracting potential investment. This is another initiative of its to outreach its MXN brand to increase brand recognition and reputation.
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Major shareholder
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Shao Ten-Po
(59.24%)
Hsu Chieh-Jung
(8.07%)
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Stock Information Provided by Infocast Limited
[
Disclaimer
]