Our Shareholders
Funderstone Securities Holdings Limited, an indirect wholly-owned subsidiary of G-Resources Group Limited(1051.HK)(“G-Resources”, together with its subsidiaries, the “Group”). G-Resources is a company listed on the Main Board of the Hong Kong Stock Exchange. The Group is a comprehensive financial services platform. The principal business segments of the Group are described below:
FINANCIAL SERVICES BUSINESS
The Group is continuing to extend the scope of its principal activities to include the provision of a wide range of financial services, including securities brokerage services, placing and underwriting services, corporate finance advisory services, provision of margin financing, money lending business and investment advisory and asset management services.
SECURITIES DEALING, MARGIN FINANCING AND ASSET MANAGEMENT
The Group currently holds type 1 (dealing in securities), type 2 (dealing in futures contracts), type 4 (advising on securities), type 5 (advising on futures contracts), type 6 (advising on corporate finance), and type 9 (asset management) licences under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) .
MONEY LENDING
G-Resources engaged in money lending business in Hong Kong through its subsidiaries, namely Global Access Development Limited and Funderstone Finance Limited. Both are incorporated in Hong Kong and hold a money lender’s license under the Money Lenders Ordinance (Chapter 163 of the Laws of Hong Kong). The Group will continue to use a prudent approach to manage risk and maintain the profitability of the business.
PRINCIPAL INVESTMENT BUSINESS
The goal of our principal investment business is to identify investment opportunities and to invest in different industries, to provide better risk weighted return and capital value to the Group. The executive committee of the Company is responsible for identifying, reviewing, considering and approving different investment opportunities taking into account the Group’s liquidity requirements, risk to capital and reasonable returns on investment with the risk taken. We are also diversifying our investment portfolio under our principal investment business.