Adelaide Chamber Singers

IBI Group Announces FY2022 Annual Results, Steadfast Resilience Albeit Market Challenges

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星期四, 六月 30, 2022
Review, Life, Heart, CEO, Quarantine, Hong Kong Stock Exchange, Adelaide, COVID-19, Adelaide Chamber Singers, Built environment, Growth, Company, Income, IBI, Shinkansen, The Group, Investment, Environment, Board, Group, BSL, Property management, Film

During the year under review, the Group recorded an income of approximately HK$405.9 million (FY2021: HK$556.7 million).

Key Points: 
  • During the year under review, the Group recorded an income of approximately HK$405.9 million (FY2021: HK$556.7 million).
  • The Group maintained a strong financial position with cash and cash equivalents of approximately HK$141.6 million (FY2021: HK$87.1 million) and no bank borrowings as at 31 March 2022.
  • Mr. Neil Howard, Chairman and CEO of IBI, said, "Amid unprecedented challenges created by COVID-19 pandemic, we have remained steadfast and resilient in driving our growth and investment strategies.
  • About IBI Group Holdings Limited (stock code: 1547)
    IBI Group Holdings Limited is a publicly listed holding company on the Hong Kong Stock Exchange, focused on investments in the Built Environment.

IBI Announces Acquisition of Strategic Property Investment in Europe

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星期五, 五月 27, 2022
Income, Investment, Peter Street, Acquisition, Main Board for Serb Liberation, Built environment, Adelaide Chamber Singers, The Group, Heart, IBI, Group, Adelaide, Property, Hong Kong Stock Exchange, Motherboard, CEO, Property management

HONG KONG, May 27, 2022 - (ACN Newswire) - IBI Group Holdings Limited ("IBI" or the "Group"; Stock Code: 1547), an investment holding company which specialises in the built environment including subsidiaries providing contracting services, distribution of high-tech and innovative building products including energy efficient lighting and air quality monitoring devices, has concluded the acquisition of a strategic property investment in Dublin, Ireland ("Acquisition"), through its indirect subsidiary, IBI International Investment Holdings Limited ("IBI International Investment" or the "Company") at the consideration of approximately HK$113 million.

Key Points: 
  • HONG KONG, May 27, 2022 - (ACN Newswire) - IBI Group Holdings Limited ("IBI" or the "Group"; Stock Code: 1547), an investment holding company which specialises in the built environment including subsidiaries providing contracting services, distribution of high-tech and innovative building products including energy efficient lighting and air quality monitoring devices, has concluded the acquisition of a strategic property investment in Dublin, Ireland ("Acquisition"), through its indirect subsidiary, IBI International Investment Holdings Limited ("IBI International Investment" or the "Company") at the consideration of approximately HK$113 million.
  • The Group has been looking in detail at a wide range of investment opportunities to generate stable cash flow and income.
  • With a 4-storey over basement and modern 4-storey extension to its eastern side, the Property provides over 19,600 sq.
  • Leveraging our strong financial position, we believe the Acquisition is an excellent opportunity for IBI to enter the property investment sector in Ireland, one of Europe's major commercial and tourist centres.