May 19, 2019 3:03 AM ET

Real Estate Management and Development

Company Overview of Asian Growth Properties Limited

Company Overview

Asian Growth Properties Limited, an investment holding company, invests in and develops commercial office, retail, and residential properties in China. It operates through Property Development, Property Investment, Hotel Operation, and Financial Investment segments. The company also invests in debt and/or equity investments, and bank deposits; and provides treasury and financing services. In addition, it is involved in the cultural and tourism, as well as tourist leisure facilities development activities; and the operation of hotels in Hong Kong. The company was incorporated in 2004 and is based in Wanchai, Hong Kong. Asian Growth Properties Limited is a subsidiary of Nan Luen International ...

Everbright Centre

25th Floor

108 Gloucester Road


Hong Kong

Founded in 2004


852 2828 3263


852 2598 6862

Key Executives for Asian Growth Properties Limited

Chief Executive Officer
Age: 43
Executive Director
Age: 67
Compensation as of Fiscal Year 2018.

Asian Growth Properties Limited Key Developments

Asian Growth Properties Limited announces Cancellation Of Admission To Trading On AIM

At the request of the Asian Growth Properties Limited trading on AIM for the common share of USD 0.05 each, fully paid has been cancelled from December 20, 2017, 7:00 am.

Asian Growth Properties Limited Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2017

Asian Growth Properties Limited announced unaudited consolidated earnings results for the six months ended June 30, 2017. For the period, the company's revenue was HKD 232,207,000 compared with HKD 294,638,000 a year ago. Profit before taxation was HKD 2,610,103,000 compared with HKD 491,196,000 a year ago. Profit attributable to company's shareholders was HKD 2,599,387,000 or 293.3 cents per basic share compared with HKD 561,348,000 or 63.3 cents per basic share a year ago. Net cash used in operating activities was HKD 39,048,000 compared with net cash from operating activities HKD 16,671,000 a year ago. Purchase of property, plant and equipment was HKD 7,549,000 compared with HKD 854,000 a year ago. Adjusted profit attributable to the company's shareholders was HKD 2,590,612,000 compared with HKD 573,958,000 a year ago. Net asset value per share attributable to the company's shareholders as at June 30, 2017 was HKD 4.9.

Asian Growth Properties Seeks Acquisitions

Asian Growth Properties Limited (AIM:AGP) will continue to monitor the property markets of the PRC and other markets closely, in order to identify potential acquisition targets at opportunities.

Recent Private Companies Transactions

No transactions available in the past 12 months.

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