Palinda Group is listed on the GEM Board of the Hong Kong Stock Exchange Limited (“HKEx”) since 2011 and the group′s principal activities are (i) wine trading; (ii) production, sales and distribution of food products; (iii) investment in securities; and (iv) money lending business.Palinda Group wine trading business is the dominant activity and the company aims to take advantage of the steady growth of the Hong Kong wine industry. The Group′s major brand Palinda wines are sourced mainly from various Australian reputable vineyard and winery, with a focus on premium quality red wine.
The Group′s other main revenue earner is the production, sales and distribution of food products such as barbequed food and Taiwanese Lou Mei to major local supermarket chains in Hong Kong, which has been in operations since 2006.
Source: Reuters
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