Company History
2020 year
- Raised capital for the MF Holding Co., Ltd.。
- Raised capital for the Fain Tei Enterprise Company Ltd.
2019 year
‐ In response to the group's investment strategy planning, Roo Hsing invested in the establishment of a 100% holding child company : MF Holding Co., Ltd.
‐ In response to the group's investment strategy planning, Roo Hsing invested in the establishment of a 100% holding grandson company: Faith In Blue (USA) Corporation.
‐ Increase capital in Roo Hsing Global Co., Ltd.
- Since the investment on Tian-Yun Commercial Co., Ltd. accounted under the equity method, Roo Hsing has control over the company which has been a subsidiary of Roo Hsing since May 10.
- Our grandson company: Faith in Blue (USA) Corporation, acquired 53% of ADNY GROUP, INC. and 10.4% of NANJING USA, INC.
- In order to adjust the investment strategy and integrate the resources of the group, Roo Hsing has sold 100% of the shares of Roo Hsing Global Co., Ltd.
2018 year
- Indirectly obtained 53.41% equity interest in the CHUWA WOOL INDUSTRY CO. (TAIWAN) LTD. (stock code 1439) via obtaining 100% interest in both KEEN POWER INVESTMENTS LIMITED and SPARKLING ASIA LIMITED.
- Established a wholly-owned subsidiary ROO HSING GLOBAL CO., LTD. by contributing the shares of KEEN POWER INVESTMENTS LIMITED and SPARKLING ASIA LIMITED.
- Raised capital for the HUNG HSING GARMENT (CAMBODIA) CO., LTD.
- Raised capital for the S.H. UNITED COMPANY LIMITED.
- Raised capital for the ROO HSING GARMENT MANUFACTURING COMPANY LIMITED.
- Established a wholly-owned subsidiary INTELLIGENCE TEXTILE TECHNOLOGY CO., LTD.
- 4th tranche of domestic secured corporate bonds conversion of NT$ 432 million, resulting in total paid-in capital of NT$ 9,034 million.
2017 year
- 4th tranche of domestic secured corporate bonds conversion of NT$ 78 million and new issuance of common shares of NT$ 7 billion for cash.Resulting in total paid-in capital of NT$ 8,602 million.
- Cash injection of USD 380 million and acquired 100% equity stakes in both JD UNITED (BVI) LIMITED and TOOKU HOLDINGS LIMITED.
- Raised capital for the ROO HSING (SHANGHAI) IMPORT & EXPORT CO., LTD.
- Repurchased 33,687,000 common shares.
-Invested in HUNG HSING GARMENT (CAMBODIA) CO., LTD through the wholly-owned subsidiary FAIN TEI ENTERPRISE COMPANY LTD. for production expansion purpose.
- Invested in S.H. UNITED COMPANY LIMITED through the wholly-owned subsidiary FAIN TEI ENTERPRISE COMPANY LTD. for production expansion and tax benefit purposes.
- Obtained 100% stake in ROO HSING GARMENT MANUFACTURING COMPANY LIMITED for production expansion purpose.
- Invested in PANEFFORT (CAMBODIA) GARMENT CO., LTD. through the wholly-owned subsidiary JD UNITED MANUFACTURING CORPORATION LTD. for production expansion purpose.
2016 year
- Raised capital for the ROO HSING (SHANGHAI) IMPORT & EXPORT CO., LTD.
- 4th tranche of domestic secured corporate bonds conversion of NT$ 76 million and private placement of common shares of NT$ 80 million. Resulting in total paid-in capital of NT$ 1,524 million.
2015 year
- Raised capital for the ROO HSING (SHANGHAI) IMPORT & EXPORT CO., LTD.
- Repurchased 6 million common shares.
- Capitalization of retained earnings of NT$ 53 million and resulting in total paid-in capital of NT$ 1,368 million.
2014 year
- 3rd tranche of domestic secured corporate bonds conversion. Resulting in total paid-in capital of NT$ 791 million.
- Cash injection of NT$ 450 million by issuance of additional 45 million common shares (face value NT$ 10/share) at a premium of NT$ 14.5/share. Resulting in total paid-in capital of NT$ 1,241 million.
- Obtained 50% stake in the NEW BEST GLOBAL TEXTILE CO., LTD and 3 Board of Director (BOD) seats (controlling interest)
- Capitalization of retained earnings of NT$ 74 million and resulting in total paid-in capital of NT$ 1,315 million.
- Raised capital for the ROO HSING (SHANGHAI) IMPORT & EXPORT CO., LTD.
2013 year
-Capitalization of retained earnings of NT$ 29 million, private placement of common shares of NT$ 158 million, and 3rd tranche of domestic secured corporate bonds conversion resulting in a total paid-in capital of NT$ 658 million.
2012 year
-Raised capital for ROO HSING (SHANGHAI) IMPORT & EXPORT CO., LTD.
2011 year
-Invested in ROO HSING (SHANGHAI) IMPORT & EXPORT CO., LTD. through the Company’s wholly-owned subsidiary FAIN TEI ENTERPRISE COMPANY LTD.
-Established a new subsidiary ROO HSING CO. NICARAGUA, S.A., to merge with ROO HSING GARMENT CO. NICARAGUA, S.A.
-Established a new subsidiary OPERADORA INTERNACIONAL DE ZONAS FRANCAS MANAGUA, S.A., to merge with OPERADORA INTERNACIONAL DE ZONAS FRANCAS, S.A.