| |
City Credit Holdings Limited
City Credit
Holdings Limited (CCHL) (license no. LL03352) is an
international conglomerate with over 25 affiliate and associate
offices and a work force of over 1,500 members worldwide. These
offices are located globally in the USA, UK, China, HK, Japan, Taiwan,
Malaysia, Indonesia, Pakistan, and Egypt. The Group
and its affiliates which include a number of publicly listed
companies currently manage and invest over US$1Billion worth
of their assets in the global financial market. The Group’s
major business activities include investment banking, asset
management, real estate development and management,
construction, electrical engineering, warehousing and logistics,
telecommunication, media and entertainment.
CCHL was
incorporated on 19th July, 2002 in the Federal
Territory of Labuan, Malaysia, under the Malaysian Offshore
Companies Act, 1990. The principal business of CCHL is investment
holding. Currently, CCHL is the sole equity holder of two major
subsidiaries who are licensed offshore investment bankers and
money brokers.
On 22 October,
2002, CCHL ventured into offshore investment banking business
through the purchase of the entire equity of City credit
Investment Bank Limited (LL03394), formerly known as City Credit
Capital Limited.
(Please see link to City Credit Investment Bank Ltd.)
Expansion into
offshore money broking business followed immediately in 2002 when
City Credit Investment Bank Limited acquired full ownership of
City Credit Capital (Labuan) Limited (license no. LL03096), a licensed money
broker.
(Please see link to City Credit Capital (Labuan) Ltd.)
Besides financial services, the
Group has diversified into other business sectors through
acquisition and partnership building with business associates.
Over a very tight expansion period of just one year, the group has
successfully involved in businesses such as real estate
development, warehousing, telecommunication and electrical
engineering among others.
These
affiliation and association has enabled the Group and its
management team to be exposed to different sectors of the business
world, spreading from financial industry, light industry,
technology industries and logistics. These exposures to the large
spectrum of industries has provided the management of the Group
with a clear, accurate and up to the minute vital information
which translate to a better under standing of the economy and its
short and medium term developments. It also enables the management
to look at their respective businesses in a more objective
perspective. |