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Milestone

28 September 1984


Kenford Industrial Company Limited founded in Hong Kong



21 December 2001


Kario Company Limited (“Kario HK”) incorporated in Hong Kong



19 December 2002


Dongguan Kario Electrical Appliance Company Limited (“DG Kario”) incorporated in the People’s Republic of China



10 November 2004


Kenford Group Holdings Limited (“Kenford Group”) incorporated in the Cayman Islands



23 March 2005


Reorganization in preparation for the listing of the shares of Kenford Group including acquisitions of interests in Kario HK and its subsidiary, DG Kario, (collectively the “Kario Group”).



16 June 2005


Kenford Group and its subsidiaries (together, the “Group”)’s Shares and warrants successfully listed and commenced trading on the Main Board of the Stock Exchange of Hong Kong Limited (“Stock Exchange”). A total of 400,000,000 new shares and a total of 100,000,000 bonus warrants (convertible into 50,000,000 new shares) were issued, raising net proceeds of approximately HK$36.5 million (after accounting for an overprovision of IPO expenses of about HK$2.5 million, against a provision of HK$2.1 million as stated in the prospectus of Kenford Group dated 31 May 2005.)



2 September 2007


Start the construction of new plant in Changping, Dongguan, the People’s Republic of China and the Group’s production capacity is expected to increase by approximately 25% to 33% thereafter.



20 September 2007


Fame Motor Limited incorporated in Hong Kong



13 December 2007


Successfully raised HK$18 million from the market through placement of new shares of Kenford Group.



21 January 2008


Dongguan Fame Motor Limited incorporated in the People’s Republic of China



7 September 2009


Dongguan Kenford Electrical Appliance Company Limited incorporated in the People’s Republic of China