- Business
- Lai Sun Garment (International) Limited is a Hong Kong-based investment holding company principally engaged in property development and investment; hotel operations; restaurant and food and beverage product sales; media and entertainment; film and television program production, sales, distribution and licensing; cinema operations; theme park development and operations; and other activities including yachting, property management, leasing agency, building services, golf apparel retailing, film library management, video duplication, and translating and subtitling of television programs. The company operates through nine segments encompassing property development and sales of residential, commercial and office properties; property investment via leasing of commercial and office buildings and provision of building management services; hotel and serviced apartment operations and consultancy; restaurant operations and sales of food and beverage products; media and entertainment services such as concert management, advertising, artiste management, album sales, music distribution and licensing, and gaming product trading; film and TV investments, production, sales, distribution, licensing, advertising and video format products; cinema operations; theme park development and operations; and other diversified services. Founded in 1947 and headquartered at 11th Floor, Lai Sun Commercial Centre, 680 Cheung Sha Wan Road, Kowloon, Hong Kong, it conducts business primarily in Hong Kong, Mainland China and Macau, with additional operations in the United Kingdom, Vietnam and internationally, generating majority revenue from Hong Kong and deriving interests from subsidiaries including eSun Holdings Limited, Lai Fung Holdings Limited and entities within the Lai Sun Group such as Lai Sun Development Company Limited. In recent developments as of late 2025, the company engages in ongoing negotiations with potential buyers for proposed sales transactions alongside Lai Sun Development, with trading halted temporarily and resumption applied for on November 28, 2025; its auditor Ernst & Young raised going concern doubts in the annual report for the year ended July 31, 2025; it renewed financial assistance agreements with subsidiaries Lai Sun Development and Lai Fung until 2028; subsidiaries eSun and Lai Fung reported attributable losses for fiscal 2025 with no dividends declared; and it announced changes in nomination committee composition effective July 18, 2025, amid efforts to manage debt pressures and financial challenges in the property sector.