| Day/Month/Year |
Particulars |
Capital
in U.S. Dollars |
| |
Background :
Tha family of our major shareholder has
started metal business since 1950.
|
|
| 1972 |
Yeung's Metal
|
Sole Proprietor |
| 5/74 |
Registered as a Limited Company
Paid up Capital: HK$ 10,000.00 (US$1,282.00)
|
Limited
Company |
| 77 |
Appointed by Nippon Kinzaku as selling
agent in H.K.
|
|
| 7/79 |
Supplying "Tereworld"TM
Products
|
|
| 8/80 |
Supplyed"SAKURA"TM Products
|
|
| 84 |
Acquired self-owned office
|
|
| 31/3/89 |
Paid up Capital increased to HK $ 1,500,000
|
|
| 89 |
Acquiring self-owned warehouse
(~ 6,000 sq ft)
|
|
| 90 |
Moving warehouse
(over 10,000 sq ft)
|
|
| 10/91 |
Joint Venture with Lamp S.P.A Italy
|
|
| 10/92 |
China Sub-contractors
Covered area : 400,000 sq ft
|
|
7/94
31/12/94 |
Australian Sister Company Established
Paid up Capital :
HK$2,100,000.00
|
|
| 4/95 |
Supplying "Manyrich"TM Products
|
|
| 96 |
Selling of Pacific Metal, Japan
|
|
| 10/96 |
Sole Agent of B&L , U.K. |
|
| 31/12/96 |
Paid up Capital increased to
HK$3,550,000.00
|
|
| 2/5/97 |
Paid up Capital increased to
HK$4,100,000.00
US$525, 640.00 |
|
| 5/99 |
Paid up Capital increased to
HK$5,070,000.00
US$650,000.00
|
HK$5,070,000.00
US$650,000.00 |
| 31/12/98 |
Authorized Capital increased to
|
US$1,282,050.00 |
| |
Issued & Fully Paid
|
US$525,640.00 |
| 1/1/99 |
Sole Agent of Pacific Metal, Japan
|
|
| 5/99 |
Issued & Fully Paid
|
HK$5,070,000.00
US$650,000.00 |
