Information of HK Aerospace Sample Clauses

Information of HK Aerospace. HK Aerospace is a private company limited by shares incorporated in Hong Kong under the law of Hong Kong on 12 May 2017. As at 5 August 2020, being the latest practicable date prior to this Announcement (“LPD”), HK Aerospace has an issued share capital of HKD20,000.00 comprising of 20,000 ordinary shares. As at LPD, the directors and shareholders of HK Aerospace and their respective shareholdings in HK Aerospace are as follows: Name No. of Ordinary Shares % of Issued Share Capital Directors and Shareholders Xx. Xxx Xxxxxxx Hasni Bin Xxx Xxxxxxxx 10,000 50% Nong You Hua 6,000 30% Satriya Bin Suetoh 4,000 20% Total 20,000 100% HK Aerospace is a holding company for the internet of things (“IOT”) and manufacturing operations in China and which holds the Intellectual Property and global marketing rights of the supercapacitors produced. It will also be the entity to undertake further Research and Development in international collaborations related to the technology. The subsidiary of HK Aerospace upon completion of the acquisition shall be as follows:- No. Name of Subsidiary Date and Place of Incorporation Principal Activity Shareholders/ Register Investors 1. Guangxi Zhongcheng Huatai Investment Ltd 29.10.2009, China Investment holding company for the purposes of holding the operations in China 1) HK Aerospace Beidou New Energy Industry Technology Co Ltd (51%) 2) Nong You Hua (9%) 3) Chen Jiuxiong (40%)
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Information of HK Aerospace. HK Aerospace is a private company limited by shares incorporated in Hong Kong under the law of Hong Kong on 12 May 2017. As at 5 October 2020, being the latest practicable date prior to this Announcement (“LPD”), HK Aerospace has an issued share capital of HKD20,000.00 comprising of 20,000 ordinary shares. As at LPD, the directors and shareholders of HK Aerospace and their respective shareholdings in HK Aerospace are as follows: Name No. of Ordinary Shares % of Issued Share Capital Directors and Shareholders Xx. Xxx Xxxxxxx Hasni Bin Xxx Xxxxxxxx 10,000 50% Nong You Hua 6,000 30% Satriya Bin Suetoh 4,000 20% Total 20,000 100% HK Aerospace is a holding company for the internet of things (“IOT”) and manufacturing operations in China and which holds the Intellectual Property and global marketing rights of the supercapacitors produced. It will also be the entity to undertake further Research and Development in international collaborations related to the technology. HK Aerospace is a technology company in the development and production of ultra capacitors and IOT. It has a complete patent field and patent strategy in ruthenium ultra capacitor technology. HK Aerospace owns 28 patents from the US, Taiwan and China for the development of ultra capacitors, and hold the global marketing rights of the super-capacitors produced. It has established a 50 chinese acre factory in Guangxi-Guangdong Special Industrial Park in Wuzhou and has operations in China in the IOT business and the production of ultra capacitors. It is the first ruthenium ultra capacitor manufacturing plant in the world. The proforma consolidated financials of HK Aerospace are as follows: FY2017 FY2018 FY2019 2020 (YTD @ 31.05.20) RM RM RM RM Turnover - 327,080 166,050 834,542 PBT - (4,710,324) (1,276,333) 177,361 PATMI - (2,402,265) (650,930) 37,810 The subsidiary of HK Aerospace upon completion of the acquisition shall be as follows:-
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