Net Pac Hldgs（5QY）年報查詢

Net Pacific Financial Holdings Limited, formerly known as K Plas Holdings

Limited, (“Net Pacific” or the “Company”) was established in 2003 as a service

provider for integrated mould design and fabrication and plastic injection

moulding under its Plastic Business, serving customers mainly from consumer

electronics, automotive, healthcare and household application industries.

As part of its diversification strategy, the Company went into the Financing

Business and underwent a name change to Net Pacific Financial Holdings Limited

in 2010. With long-term stability as its goal, Net Pacific focus on creating

value by offering small- to mid-sized companies in the PRC and the Hong Kong

Special Administrative Region of the PRC access to capital through the

financial services under the Financing Business.

Financing Business

Net Pacific provides working capital financing, asset - backed loans and

mezzanine loans to small- to mid-sized companies in the PRC and the Hong Kong

Special Administrative Region of the PRC. These loans will be secured by

either floating or fixed charge over certain assets or shares of the

borrower(s) and/or guaranteed by major shareholder(s) of the borrower(s).

While focusing on providing financing services, where opportunities arise, Net

Pacific may also make investments in companies which have good fundamentals and

growth potential. In order to minimise risk to the Company, the investments

will be made in the form of convertible loans or preferred shares. It is

envisaged that for such investments, the Company expects a clear value growth

plan of the investee as well as eventual exit strategy.

Plastic Business

Using the plastic injection moulding process, Net Pacific manufactures

precision engineering plastic components which are used as mechanisms in

end-user products such as cameras, game consoles, motor, VCD & DVD players,

audio car stereo and ignition systems.

With in-house expertise, the Company is able to custom-design and fabricate

plastic injection moulds according to the specifications of individual

customers using machineries and technologies such as EDM, wire cutting,

milling, lathe, and CNC-operated or surface grinding machines.

The Company has on 28 April 2011 obtained shareholders’ approval to dispose of

the entire interest in the Plastic Business in order to focus on the Financing

Business. Please refer to the Company’s circular dated 13 April 2011 for more

details.