ISP Holdings Limited
HHKEX:23400.15
HKD
+0.01
(+8.57%)
ISP Holdings Limited
HKEX:2340
(Hong Kong Exchange)
Recent
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0.15
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yld
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ROIC.AI
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- Business
- ISP Holdings Limited (2340.HK), an investment holding company and subsidiary of Hsin Chong Group Holdings Limited, engages primarily in property and facility management, interiors and special projects, and ancillary businesses in Hong Kong, the People's Republic of China, and Macau. Founded in 1978 and headquartered at 3/F, Hay Nien Building, No. 1 Tai Yip Street, Kwun Tong, Kowloon, Hong Kong, the company provides comprehensive asset management services including feasibility studies, due diligence, market positioning, design consultancy, marketing and promotion, financial analysis, leasing, tenancy management, and operation management; property and facility management for residential, commercial, and industrial properties serving government organizations, educational institutions, private residential owners, developers, and investors, managing approximately 93,000 residential units; interiors and special projects encompassing interior design, alteration and addition works, fitting-out, conservation, renovation, demolition, construction works, curtain walling, cladding, and related products as a registered general building contractor offering planning, consultancy, project management, and construction solutions; and ancillary services such as procurement, supply chain and trading, repair and maintenance of equipment, indoor cleaning, security guarding and systems, technical support, project management, laundry services, property agency, and property management consultancy. The company, formerly known as Synergis Holdings Limited, changed its name to ISP Holdings Limited in January 2022 to reflect its focus on interiors and special projects expertise following the restructuring of its Interiors and Special Projects Division as a wholly-owned subsidiary in December 2012; in 2025, it completed a share placement of 127.4 million new shares raising approximately HK$16.87 million (HK$17 million gross) for general working capital and professional fees to strengthen its financial position and expand its shareholder base, with the total issued shares increasing to 764.7 million; secured new contracts totaling over HK$85 million in the first half of 2025 including extension works, addition and alteration projects, fitting-out, and renovation for commercial properties, offices, residences, and infrastructure support at Middle Gap Road; appointed Ms. Leung Yuet Ngor as Executive Director and Mr. Tse Chi Chiu as Acting Managing Director of Interiors and Special Projects; enhanced corporate governance by forming a new Nomination Committee and appointing a new member; and disposed of listed securities for HK$5.3 million while pursuing tenders for projects worth HK$721 million as of mid-2025 interim reporting.