English | 简体中文 | 繁體中文 | 한국어 | 日本語
Friday, 29 November 2019, 17:23 HKT/SGT
Share:
Analogue Holdings Limited Sets for Inclusion in MSCI Hong Kong Micro Cap Index

HONG KONG, Nov 29, 2019 - (ACN Newswire) - Analogue Holdings Limited ("Analogue" or the "Company", together with its subsidiaries collectively as the "Group") (stock code: 1977), the largest electrical and mechanical ("E&M") engineering service provider in Hong Kong with operations in Macau and Mainland China, has been officially included as a constituent stock of Morgan Stanley Capital International ("MSCI") Hong Kong Micro Cap Index.

MSCI is a leading provider of global equity indices worldwide. MSCI Hong Kong Micro Cap Index is one of the most widely used equity benchmarks among institutional investors to measure portfolio performances. The index covers thousands of stocks from different geographic sub-areas and cap sizes that have good operational results and potential. The inclusion of Analogue as a constituent stock within the MSCI Hong Kong Micro Cap Index reflects investors' confidence in its performance and long term growth potential and will further enhance the Group's position in Hong Kong and the international capital markets.

Dr. Poon Lok To Otto, Chairman and Executive Director of Analogue Holdings Limited, said, "The successful listing in July has marked an important milestone for the Group in 2019 and has further consolidated our leading position in the industry. We are also honoured to be included as a constituent of the MSCI Hong Kong Micro Cap Index which speaks volumes to our true market value and this will in turn enhance investors' confidence in our business growth and future development."

Despite the recent uncertainties in the economy, the Group has won a number of large-scale contracts leveraging its solid foundation and profound strengths, including a commercial project and a residential development project at Kai Tak area, an Automated Guided Vehicle Parking Systems project in Tai Po, several enhancement and maintenance contracts at the Hong Kong-Zhuhai-Macao Bridge Hong Kong Port, a new E&M contract in Chek Lap Kok, as well as the Group's first lift modernisation project for the Hong Kong Housing Authority, assuring the steady growth of its business. Looking ahead, Analogue will continue to focus on strengthening the development for its four business segments, while devising more innovative technologies to capture new market opportunities, so as to further enhance its profitability and strive to generate satisfactory returns for shareholders.

About Analogue Holdings Limited
Established in 1977 and headquartered in Hong Kong, the Group is the largest E&M engineering service provider in Hong Kong in terms of revenue in 2018[ ], with substantial operations in Macau and Mainland China. The Group provides multi-disciplinary and comprehensive E&M engineering and technology services in different segments, including Building Services engineering, Environmental Engineering, ICBT and Lifts & Escalators to a wide spectrum of customers from the banking, property development, education, entertainment, hospitality, information technology, data centres, transportation and utilities sectors, as well as departments of the Hong Kong SAR Government. The Group also manufactures and sells lifts and escalators internationally. Nanjing Canatal Data Centre Environmental Tech Company Limited, an associate of the Group specialised in manufacturing of precision air conditioners, has been listed on the main board of the Shanghai Stock Exchange since November 2017.



Topic: Press release summary
Sectors: Daily Finance, Daily News
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2020 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

Latest Press Releases
Singapore's LABMED shipped over 20 million masks to meet global demand  
June 4, 2020 21:00 HKT/SGT
Bityard Exchange Garners Global Attention since its April Launch  
June 4, 2020 18:30 HKT/SGT
WARC Awards 2020 - Effective Use of Brand Purpose winners announced   
June 4, 2020 16:00 HKT/SGT
Eisai: Brain Performance (Brain-Health) Self-Check Tool "NouKNOW" to be Used in Beauty Salons  
June 4, 2020 10:43 HKT/SGT
NEC's Netcracker 2020 Puts Service Providers at the Center of the Digital Economy  
June 4, 2020 08:15 HKT/SGT
MB Bank turns to Software AG to revolutionise the banking experience  
June 4, 2020 06:00 HKT/SGT
Bityard Exchange Garners Global Attention since its April Launch  
June 4, 2020 02:00 HKT/SGT
Transforming the SMART GRID with Fibocom 5G Modules  
June 3, 2020 20:00 HKT/SGT
Nomination Opens for "Directors Of The Year Awards 2020"  
June 3, 2020 18:20 HKT/SGT
CITIC Telecom CPC: Keep Your Enterprise Moving Forward by Backing Up Right  
June 3, 2020 12:48 HKT/SGT
More Press release >>
 Events:
More events >>
Copyright © 2020 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 400 879 3881 | Hong Kong: +852 8192 4922 | Singapore: +65 6653 1210 | Tokyo: +81 3 6859 8575