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The Group?formerly known as Doxen Energy Group Limited was listed on the Hong Kong Stock Exchange Limited in 1990.In October 2009, Mr Lo Siu Yu, through his wholly owned private company, acquired 64.98% equity interest in the Group and became the substantial shareholder and Chairman of the Group.The new Board of Directors, led by Mr Lo, believed the catering business is facing great difficulties under the current economic environment within Hong Kong. Thus, and on the other hand, decided to rely on the original management to run and improve the existing catering business, on the one hand, the new Board, proactively seek other potential development and investment opportunities. The potential for expansion is restrained by the constantly rising rental expenses and staff costs, so material growth in this industry may not be possible.
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