APAC Resources Ltd
0.27
USD
+0.08
(+41.11%)
ISIN
HK0001294401
Return %
Stock
S&P 500
1Y
83.61
14.20
3Y
105.55
81.12
5Y
56.82
68.34
Capital Structure
HKD
•
in mil. unless spec.Working Capital
HKD
•
in mil. unless spec.Growth Rates
HKD
•
in mil. unless spec.Semi-annual Revenue
HKD
•
in mil. unless spec.Semi-annual Earnings Per Share
HKD
•
in mil. unless spec.Semi-annual Dividends Per Share
HKD
•
in mil. unless spec.Company Description
- CEO
- Andrew Charles Ferguson
- Full Time Employees
- 18
- Sector
- Distribution services
- Industry
- Wholesale distributors
- Address
- Allied Kajima Building Hong Kong Hong Kong
- IPO Date
- Dec 29, 1998
- Website
- apacresources.com
- Similar Companies
- Business
- APAC Resources Limited (SEHK:1104), an investment holding company incorporated in Bermuda in 1998 and headquartered in Wan Chai, Hong Kong, engages in natural resources investment, commodity trading, and principal investment and financial services primarily focused on metals, mining, energy, and related sectors; the company operates across Hong Kong, the People's Republic of China, Australia, and the Philippines with approximately 25 employees. Its core activities span three main segments: Commodity Business, which trades commodities including iron ore offtake from assets like Mount Gibson Iron's Koolan Island mine and targets sales to steel mills and traders in China; Resource Investment, encompassing primary strategic investments in associates and subsidiaries such as 37.3% in Mount Gibson Iron Limited (ASX:MGX) for direct shipping iron ore production in Western Australia, 46.3% in Tanami Gold NL (ASX:TAM) for gold exploration in Australia's Tanami region including a 50-50 joint venture with Northern Star Resources, 22.8% in Metals X Limited (ASX:MLX) Australia's largest tin producer via the Renison mine, and 44.3% in Prodigy Gold NL (ASX:PRX) for gold resources across projects like Hyperion and Tregony some held in joint venture with Newmont Corporation and IGO Limited, alongside a diversified portfolio of minor listed holdings in energy, bulk commodities, base metals, precious metals including significant positions in Shougang Fushan Resources Group Limited (HKEX:639) for coking coal and others like Galiano Gold, Westgold Resources, and Kazatomprom; and Principal Investment and Financial Services, providing secured and unsecured term loans to corporate borrowers including subsidiaries of Hong Kong-listed companies, loan financing, money lending, and investments in financial assets like loan notes. The company maintains global resource investments listed on exchanges in Australia, Canada, Hong Kong, the United Kingdom, and the United States, with commodity operations in Hong Kong and Shanghai. Recent developments include increasing its stake in Metals X to 22.8% as of June 30, 2024 while Prodigy Gold ownership adjusted to 44.3% yet remains a subsidiary, recognition of fair value gains from resource investments such as HK$166 million from Shougang Fushan and HK$364 million across the broader portfolio driven by gold and bulk commodities, a segment profit of HK$84 million from commodity trading due to resumed iron ore offtake, writeback of HK$24 million in loan impairments leading to HK$39 million segment profit in financial services, and in April 2025 APAC Resources through Morton Securities Limited launched a pre-conditional voluntary cash offer to acquire Dragon Mining Limited all issued shares. APAC Resources targets China's resource demand through its investment and trading platform, generating returns from strategic stakes with commodity offtake potential and diversified financial services.