- CEO
- Halim Teguh
- Full Time Employees
- 307
- Sector
- Consumer durables
- Industry
- Other consumer specialties
- Address
- Rue des Perrières 8 Hong Kong Hong Kong 2340
- IPO Date
- Jul 11, 2014
- Business
- Ernest Borel Holdings Limited, an investment holding company incorporated in the Cayman Islands, engages in the designing, manufacturing, marketing and selling of Swiss-made mechanical and quartz premium watches for men and women under the Ernest Borel brand; assembling and distribution of watches; development and manufacturing of stainless-steel alloy watch cases and smartwatch cases on original design manufacturing and original equipment manufacturing bases; distribution of timepieces; and provision of after-sales services. The company operates through two main segments, namely the watches business and the smart watch manufacturing business, targeting premium watch consumers with collections including the X Collection featuring collaborative limited editions, Heartful Collection with romantic motifs, Heritage Collection of commemorative timepieces, Jules Borel Collection honoring the founder, and Sage Collection for adventurers with up to 200 meters waterproof ratings. It conducts geographic operations principally in the People's Republic of China, Hong Kong, Macau, Vietnam, Korea, Southeast Asia, Europe and internationally, with manufacturing rooted in Switzerland. Founded in 1856 by Jules Borel in Neuchatel, Switzerland, the company maintains its head office at 8 rue des Perrières, 2340 Le Noirmont, Switzerland, principal place of business in Mong Kok, Kowloon, Hong Kong, and an office in Guangzhou, China; Ernest Borel Holdings Limited functions as a subsidiary of VGB Limited, chaired by Teguh Halim. In a major recent development, the company completed the acquisition of Gold Vantage Industrial Limited and its subsidiaries, now an indirect wholly-owned subsidiary, on 19 April 2023 for HK$140 million subject to profit guarantees, with the 2024 profit compensation of HK$70.6 million from the vendor settled in March 2025 through deduction of consideration shares, cash installments, advances and intercompany balances following Gold Vantage Group's net loss of HK$17.07 million against a HK$30 million guarantee.