Man King Holdings Limited
HHKEX:21930.37
HKD
-0.01
(-2.63%)
Man King Holdings Limited
HKEX:2193
(Hong Kong Exchange)
Recent
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0.37
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yld
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ROIC.AI
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- Business
- Man King Holdings Limited (2193.HK) is an investment holding company principally engaged in providing civil engineering services in Hong Kong as a main contractor through its wholly-owned operating subsidiaries Peako Engineering Limited and Concentric Engineering Limited; the Group undertakes roads and drainage works including associated building, electrical and mechanical works; site formation including associated infrastructure works; port works; public fill management; environmental specialist works such as landfill gas management and leachate treatment; waterworks; and buildings. The Group serves both public sector clients, primarily departments of the Hong Kong Special Administrative Region Government such as the Civil Engineering and Development Department, Drainage Services Department, Highways Department and Water Supplies Department, and private sector projects. Operations are focused in Hong Kong with an investment in an associate providing bareboat charter and coal transshipment services in Pakistan as part of the One Belt One Road initiative. Founded in 1995 and headquartered at Unit D, 10/F, Skyline Tower, 18 Tong Mi Road, Mongkok, Kowloon, Hong Kong, the Company was incorporated in the Cayman Islands in November 2014 ahead of its listing on the Main Board of The Stock Exchange of Hong Kong Limited in July 2015; it is a subsidiary of Jade Vantage Holdings Limited, which is ultimately controlled by LOs Brothers (PTC) Limited. Key ongoing projects as of late 2025 include the Drainage Services Department Contract DC/2023/05 for structural improvement of sewers and stormwater drains in multiple districts (November 2023 to September 2027), Civil Engineering and Development Department Contract CV/2022/09 for reconstruction of Yung Shue Wan Public Pier and Shek Tsai Wan Pier (December 2022 to 2025), Highways Department Contract HY/2020/08 for a flyover from Kwai Chung Interchange to Kwai Chun Road (2021 to 2025), and Highways Department Contract HY/2021/04 for Braemar Hill Pedestrian Link (2021 to 2026), alongside completion of the Kai Tak Development project in early 2025. Recent developments include the Group's 20.3% equity interest in River King Management Holdings Limited, through which it participates in a coal transshipment project in Pakistan that commenced its seventh operation season in September 2025 and generated a share of profit of approximately HK$10.5 million and cash dividends of HK$30.6 million for the six months ended 30 September 2025; the Group continues to explore strategic mergers, acquisitions and partnerships for business diversification and operational efficiency. In November 2023, Peako was awarded the DSD Contract DC/2023/05, and the adoption of Modular Integrated Construction methodologies to enhance project efficiency and safety; as of 30 September 2025, the Group had five projects in progress with total outstanding contract sum of approximately HK$443 million. No material acquisitions, disposals or reorganizations were reported in the last two years.