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00955
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SCHRAMM HOLDINGS AG
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Profile
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Chairman
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Mr. OH Jung Hyun
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Directors
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BRENNER Peter (Executive Director)
CHAE Kyung Seok (Executive Director)
OH Jung Hyun (Chairman & Non-Executive Director)
Min Koo SOHN (Non-Executive Director)
CHANG Suk Whan (Vice Chairman & Non-Executive Director)
Bang Seon KO (Independent Non-Executive Director)
LEE Choong Min (Independent Non-Executive Director)
SHIN Kiyoung (Independent Non-Executive Director)
Sung Su HAN (Executive Director)
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Secretary
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Mr. CHAN Yuen Fai Kenny
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Address
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Unit 07, 25/F., Lippo Centre, Tower 1,, 89 Queensway,, Admiralty,, Hong Kong
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Tel
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Fax
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URL
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http://www.schramm-holding.com
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Business nature
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The Group is engaged in the manufacture of automotive and general industry coatings; coil coatings (for pre-coated metals); electrical insulation paints and varnishes.
[IPO Information]
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Prospects
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Looking ahead to 2010, the group is optimistic, although a full recovery of the global economy remains in question. As governments begin to wrap up stimulus programs, or debate their renewal, recovery may falter. Consumer confidence continues to improve but remains unstable. Such confidence depends very much on the employment market, inflation rates, and interest rates that are barely under anyone¡¦s control at the moment. This is an environment in which customers demand higher quality, more advanced technologies and better products; this is a time when shareholders demand higher standards of corporate governance and more transparent management; this is a time when investors become more selective and demand only the best equities and assets. These demands may represent a threat to some companies, but not to us. With the advanced technologies, innovative R&D functions, experienced frontline personnel, strong back office support and committed global workforce, the Group is confident that the group will have a strong performance in 2010. In the coming year, the group will continue focusing on the Schramm¡¦s longterm development while at the same time, seizing appropriate short-term opportunities in the market.
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Major shareholder
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SSCP CO., LTD
(70.51%)
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Stock Information Provided by Infocast Limited
[
Disclaimer
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