IB SETTLEMENT (0147.HK)

International Business Settlement Holdings Limited, an investment holding company, engages in the property development business in Mainland China and Hong Kong. The company operates through Property Development; Hotel Business; Leasing and Trading of Computer Equipment Business; and Financing Business segments. It develops and sells commercial and residential properties; and undertakes land development activities for car parking spaces. The company also provides hotel development and management services. In addition, it is involved in the provision of money lending and factoring services; leasing of servers; and trading of computer equipment, as well as consultancy and goods trading activities. Additionally, the company offers finance leasing and international business settlement services. The company was formerly known as Chaoyue Group Limited and changed its name to International Business Settlement Holdings Limited in December 2016. The company was incorporated in 1993 and is headquartered in Causeway Bay, Hong Kong. International Business Settlement Holdings Limited is a subsidiary of Long Grand Limited. Show more