Thu Oct 24, 2019 02:49
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VESTATE GROUP (1386)

Company Profile

The Group is principally engaged in the development and retailing of a diversified range of footwear products under its own brands, namely, A+A2, acupuncture, ARTEMIS, COUBER.G, FORLERIA, TRU-NARI and WALACI through its self-managed retail shops. The Group possesses and extensive sales network across the regions of the People’s Republic of China, Hong Kong and Taiwan.

Notice of Intention to Issue New Share Certificate
10 February 2017

Notice of Cancellation of Original Share Certificate and Issue of New Certificate
24 March 2017

Business Nature

The Group is principally engaged in the design and sales of a diversified range of footwear products in Hong Kong and the PRC, mainly including casual, smart casual and sports casual footwear products.

Prospect

To enlarge its shares of the Group in the footwear market in Hong Kong and the PRC, the Group plans to expand its sales network by setting up franchised sales points in the PRC and additional self-managed sales points in Hong Kong and the PRC. The Directors are particular confident of the prospects of the PRC market taking into account the growing purchasing power of the PRC consumers in the country as a result of the rapid economic growth in the PRC in recent years. The Group sees great opportunities for expanding its sales network and customer base in the PRC. The Group intends to open approximately 100 new self-managed sales points in total in Hong Kong and the PRC and approximately 50 new franchised sales points in the PRC in the forthcoming year.

Chairman
ZHU Xiaojun
Contact Info
Company Address:
Unit E, 22/F, Tower A, Billion Centre, 1 Wang Kwong Road, Kowloon Bay, Kowloon, Hong Kong
Quote
HSI: 26,566.73 -158.95
0.90
0.03 (3.4%)
As of16:15 23 Oct 2019
Open: 0.90 52Wk High: 1.20
Day High: 0.90 52Wk Low: 0.80
Day Low: 0.81 P/E: 0.00
Prev. Close: 0.87 Yield: 0.00%
Volume: 433K
Mkt Cap: 623.09M
Turnover: 368.12K NAV: -0.317
Quotes are delayed by at least 15 minutes.
Contact VESTATE GROUP
Company Address:
Unit E, 22/F, Tower A, Billion Centre, 1 Wang Kwong Road, Kowloon Bay, Kowloon, Hong Kong

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