- Business
- Palinda Group Holdings Limited (HKEx: 8179), an investment holding company incorporated in the Cayman Islands in 2006 and headquartered at Unit 306-A201, 3/F, Harbour Centre, Tower 1, 1 Hok Cheung Street, Hunghom, Kowloon, Hong Kong, engages primarily in the wine business and food products operations segments. The company sources, sells and distributes premium wine products and ancillary wine-related items, including its major Palinda brand wines mainly from reputable Australian vineyards and wineries with a focus on high-quality red wines, in Hong Kong, Australia and the British Virgin Islands; produces and supplies barbequed food and Taiwanese Lou Mei to concessionaire stores in supermarkets, primarily in Hong Kong; engages in grape growing; invests in securities; and provides money lending services. Formerly known as Food Idea Holdings Limited, the company changed its name to Palinda Group Holdings Limited in October 2020 to reflect its diversified operations, listed on the GEM Board of the Hong Kong Stock Exchange in July 2011, signed a non-binding letter of intent in February 2023 with China Wine Holdings Limited for strategic cooperation including a potential joint venture in China for viticulture, wine production and trading with initial investment intent of no less than RMB100 million, and in May 2025 disposed of its entire equity interest in subsidiary Happy Profit Group for US$1.