About Vantage Group
Vantage International (Holdings) Limited has been listed on the Main Board of the Hong Kong Stock Exchange (Stock Code: 15) since 8 September 2000. Contract works business is the Group’s founding business, we have been undertaking contract works business in Hong Kong since the establishment of Able Engineering Company Limited in 1976. The continuous growth of our business enables Vantage to become a well developed and strong listed company.
The Group is currently engaged in the contract works business, the property investment and development business and the provision of finance business in Hong Kong.
The contract works business, which mainly comprised of building construction and repair, maintenance, alteration and addition (“RMAA”) works is our core business. Due to the continuous growth of this business, in February 2017, the Group successfully spun off the business through a separate listing of Able Engineering Holdings Limited (“ABLE”, stock code: 1627) on the Main Board of the Stock Exchange. The Group currently carries on the contract works business through ABLE and its subsidiaries.
Vantage also actively participates in various property investment and development business in recent years. We are holding office, shops and hotels for leasing purpose.
In May 2016, we completed the acquisitions of properties at Kam Ying Court in Ma On Shan and properties at Tin Ma Court property in Wong Tai Sin. The acquisitions further enhanced the our property investment portfolio.
The development project for the properties at No. 28 Lugard Road, The Peak has been commenced in Year 2016/17, and the properties at Nos. 1 & 1A of Wood Road, Wanchai, will be commenced in the near future.
The Group has actively marketed its first completed luxury residential properties at “Pokfulam Peak” project and it has been well received by the market. Our another high-end residential project “Belfran Peak” at No. 9 Belfran Road is completed.
In September 2015, a wholly-owned subsidiary of Vantage , View Finance Limited, was granted a licence under the “Money Lenders Ordinance” to carry on the provision of finance business in Hong Kong. The Group then commenced this new business to diversify the income stream of the Group.
Looking Forward, Vantage would closely monitor the opportunities and developments in contract works and property markets. We believe our actions will help create reasonable return for the shareholders in a changing marketplace.