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01683
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INTERNATIONAL MINING MACHINERY HOLDINGS LIMITED
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Profile
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Chairman
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Mr. Thomas H. QUINN
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Directors
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Thomas H. QUINN (Chairman & Executive Director)
Kee-Kwan Allen CHAN (Executive Director)
Kwong Ming Pierre TSUI (Executive Director)
Yinghui WANG (Executive Director)
Youming YE (Executive Director)
Rubo LI (Non-Executive Director)
John W. JORDAN II (Non-Executive Director)
Lisa M. ONDRULA (Non-Executive Director)
Yiming HU (Independent Non-Executive Director)
Xuezheng WANG (Independent Non-Executive Director)
Zhenduo YUAN (Independent Non-Executive Director)
Fung Man, Norman WAI (Independent Non-Executive Director)
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Secretary
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Mr. Kwong Ming Pierre Tsui & Mr. Wai Fung NGAI
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Address
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8th Floor, Gloucester Tower, The Landmark, 15 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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http://www.immchina.com
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Business nature
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The Group is engaged in the design and manufacture of underground longwall coal mining equipment.
[IPO Information]
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Prospects
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China¡¦s continued steady economic growth will drive higher demand for energy, of which about 76% comes from coal. The Chinese government¡¦s demand for improved safety and efficiency will necessitate more mines to be mechanized. China¡¦s Eleventh 5-Year Plan supports the development of large-scale coal mines and accelerates industry consolidation by the closure of thousands of small and non-mechanized mines, as is the case in Shanxi province. All three of these factors will further increase the demand for coal mining equipment. As a result, the Group continues to be confident in the long-term fundamentals of the coal and mining machinery industries. The Group has delivered a solid financial performance in 2009. Going forward, the Group remains focused on enhancing near-term capabilities and delivering long-term performance, amid always keen competition and potential market uncertainties, to maximize the value of the Company.
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Major shareholder
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Resolute Fund Partners, LLC
(60.00%)
Government of Singapore Investment Corporation Pte Ltd
(5.02%)
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Stock Information Provided by Infocast Limited
[
Disclaimer
]