History (2006-2010)

2006 – Operation Stabilization and Revenue Enhancement

Intexact Technologies – auto tools development, security panel, UMPC
Intellihome - Recruitment and Putting in Place the delivery team, completion of 3 major projects for Beverley Hills, Henderson Road and South Bay Road and KTV / BTV installation at 3 sites
Intexact Management – Start operation at the Mingle Place and grow the hotel business to revenues of more than HK$500,000 per month
Intexact Health / Smartgreen – Establish relationship with Life for health food distribution business and club house operation, though the operation did not work out at the end

2007 – Mingle Place Boutique Hotel and Apartment

Purchase of 148 Wellington Street in Jan, and operate as Mingle Place at The Eden as Love Hotel
Start operation of Mingle Bar and Café in March and change the format to western bar in June
Purchase 105 Wing Lok Street in June, and renovate to a value boutique hotel for business travelers– Mingle Place on The Wing
Purchase 5/F 150 Wellington Street in Oct, as part of the plan to build Mingle Place of The Noah
Complete the naming convention for Mingle Place Chain with 8 Observatory Court renamed as Mingle Place for The Ming

2008 – Financial Crises

Purchase 137-143 Wanchai Road in February (143) and April (137) and start renovation of the premises
Start operation of The Wing and The Noah

2009 – Expansion into Health and Food Business

Impact of Financial Trauma and Pig Influenza H1N1 on hotel business, record loss for the hotel business, revenue down by 20%
Start operation of The Park and The Star, under Mingle Place in January and September respectively
Start operation to The Mabo as a maturity centre and You Centre (medical centre) in Q4 and first in town under Mingle Care, and recruit Dr. Kong as the director of the business and first professional in the group
Patent application for the meditel care operation in August and recruit Dr. Wong as the professional advisor for Mingle Care
Plan to start on the Mingle Kitchen trading as The Yuan operation by end of year, in charge by Arleta, serving the healthy fast food, food for pregnant mothers and patented food for baby
Wilfred Lau appointed as non-executive director and be in charge of Intexact Investment operations
Appoint Antonio (PSI) as architect for the hotel redevelopment for 137-143 Wanchai Road to start on the land development work

2010 – China Market Entry and Business Expansion

Fanny started working full time for Intexact from March 10 onward
Bobby joined in May 10 to develop business in China. Since then, we have purchased the WTC in Guangzhou for our China South Office, and started three lines of businesses and one project
Best & Select – Frozen Meat in Staples (Sam)
Mina Tile – Mosaic Tile in Materials (Zhou, Wang)
Mingle Fans Guangzhou – as part of Mingle Fans and Mingle Mart ( Feng, Ellaine)
Nansha – Land Development and IT of IDC, ECO, EV (Dr. Li, Alfred)
Acquire Industries Distribution business in East, South and Central of China under Smartplay, next to acquire machineries and industries plants. The distribution channels should serve as our platform for China expansion
Alisha joined the group and start Cheuk Work Associates and CW – Asset Management with Veronique building the first family office target China emerging rich family in Financials business
Miranda joined us in August, start of the Mingle Fans and operating with Mingle Mart in Retails business. Mega Retails System in place in August
Guangzhou office opening in August and Star completion of renovation and licensing in September