CST Group Limited (0985.HK) is an investment holding company principally engaged in the exploration, development, mining and sale of mineral resources; investments in financial instruments including funds, unlisted equity, listed shares and debt securities; property investment in commercial and residential assets; and money lending services. Through its subsidiaries, the company operates a coal mine in West Central Alberta, Canada, and maintains property investments in Hong Kong, Mainland China and Scotland. Founded in 1993 and headquartered in Wan Chai, Hong Kong, CST Group Limited serves diversified markets across these regions and internationally, with approximately 386 employees. The company operates as a subsidiary of Atlas Keen Limited.
In recent developments, CST Group Limited pursued a privatization by way of a scheme of arrangement, as advised by Conyers in 2024, marking a significant strategic shift in its corporate structure. Earlier, in 2021, an indirect wholly-owned subsidiary completed discloseable transactions involving the acquisition of additional listed securities, including 8 million CNOOC shares for approximately HK$63.2 million, aligning with its financial investment activities. In 2018, the group executed a very substantial acquisition of mining assets from Grande Cache Coal LP and Grande Cache Coal Corporation in Canada, alongside related debt restructuring, enhancing its mineral resources segment. No major partnerships, funding rounds or new product launches were reported in 2024 or 2025.