- CEO
- Yue Yun Lui
- Full Time Employees
- 16
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Delta House Hong Kong NT Hong Kong
- IPO Date
- Jul 4, 2018
- Business
- Anchorstone Holdings Limited (1592.HK) is an investment holding company principally engaged in the supply, installation, fabrication, and trading of marble and granite products for construction projects. The company provides one-stop comprehensive services, including recommending and sourcing marble and granite materials; arranging fabrication into customized sizes; delivery and installation on external building cladding, landscapes, and interiors such as entrance lobbies, kitchens, and bathrooms; and post-installation services like polishing and cleaning; it also sells stones on a project and wholesale basis. Anchorstone undertakes marble and granite works for commercial buildings, residential buildings, hotels, and public infrastructure projects, primarily serving customers in Hong Kong, Macau, and the People's Republic of China.
Founded in 1991 and headquartered in Sha Tin, Hong Kong, the company operates as a subcontractor in the building materials sector with approximately 11 employees.
In September 2023, Anchorstone completed the acquisition of Pacific Mining Industry Limited and its subsidiaries (collectively, the "PMG China Group") from Pacific Marble & Granite Holdings Limited, a connected party, for an adjusted consideration of approximately HK$72.7 million settled through issuance of 588,235,294 initial shares plus 266,761,176 additional shares in 2024 upon expiration of the guaranteed profit period; the PMG China Group is engaged in marble and granite supply, installation, and trading in the PRC and was accounted for using merger accounting under common control.
The company received HK$2.5 million in funding from Advance Capital Partners Asset Management Private Limited and ZICO in a recent financing round.
Anchorstone is a subsidiary of PMG Investments Limited, with Mr. Lui Yue Yun Gary (also known as Gary Lui) as the ultimate beneficial owner, serving as Chairman and Chief Executive Officer.