LCS0079 / Type 1, 4, 9 License / $2,000,000 + $6,600,000 NAV / No Trading Rights, No Client Assets, Long-Established Company
Key Points:
- 🔑 SFC Type 1, 4, 9 License (Securities Trading, Advising on Securities, Asset Management)
- 💰 Selling Price: $2,000,000
- 💼 Net Asset Value: Approximately $6,600,000
Major Selling Points:
- ✅ Clean record with no disciplinary actions or legal disputes
- ✅ 3 Responsible Officers (retention negotiable)
- ✅ No clients, no trading rights, does not hold client assets (as per SFO definition)
- ✅ Primarily used as a fund platform (previously had a Cayman Fund)
- ✅ Suitable for establishing a fund management company
- ✅ Latest audited financial statements will be available by April 2025 (year-end December 2024)
Other Details:
- 📍 Office located in Wan Chai (shared with other group companies, buyer needs to find new premises)
- 👥 4 staff members (excluding ROs)
- 🏢 Company wholly owned by a Hong Kong legal entity, currently no holding structure (can apply to SFC)
- 📉 No actual operations, very low monthly expenses (mainly audit, tax, and SFC-related expenses)
- 🔍 Type 1 activities limited to distribution and promotion of collective investment schemes (per SFO definition)
- 📜 Accumulated losses: Approximately $24,000,000 (Total capital HKD 31M, Total Equity approximately $6.6M)
- 🏛️ License obtained in April 2003 (over 23 years history)
For more information or to engage with the seller, please WhatsApp 93472064. Paradox Management Limited is representing the seller and the price shown includes Paradox’s commission.
⚠️ Note: These details are for reference only and may deviate significantly from the actual company. View with caution.