Hoifu Energy Group
| Company type | Public |
|---|---|
| Industry | Energy, Financial services |
| Founded | May 30, 2000 |
| Headquarters | Hong Kong , Hong Kong |
Area served | Hong Kong, Bermuda |
| Parent | Karl Thomson Holdings Limited (former name) |
Hoifu Energy Group Limited is a holding company incorporated in Bermuda, engaged in both the energy and financial industries. Its main office is located in Hong Kong, and its equity is traded on The Stock Exchange of Hong Kong.
History
Originally established as Karl Thomson Holdings Limited in Bermuda and registered in Hong Kong on 30 May 2000, the company underwent a rebranding in January 2013 to become Hoifu Energy Group Limited, adopting a new Chinese name; prior to this change, it operated under a different trading name.
Karl Thomson Holdings served as the parent organization for Karl Thomson Financial Group, which was founded by Lam Kwok Hing (). The group's principal subsidiaries, Karl-Thomson Securities and Karl-Thomson Commodities, have been in operation since 1991.
In September 2006, Karl Thomson Holdings held a 20% interest in Aminex Petroleum, an associate company that obtained exploration and production rights for an oil field located in Egypt. Later that same year, the company expanded by acquiring Volant Petroleum, an Australian-listed firm producing equipment for the oil sector. However, activities in Egypt were put on hold temporarily in 2011 due to the political unrest during the Egyptian revolution.
Subsidiaries and divisions
- Karl Thomson Financial Group
- Asia Tele-Net and Technology (formerly)