Lei Shing Hong
| Lei Shing Hong | |
|---|---|
| legal form | Limited |
| founding | 1972 |
| Seat | Hong Kong |
| management | Gan Khian Seng, Yong Foo San, Sim Siew Meng, Ch'ng Kok Phan, Poh Yeow Kim Lawrence |
| sales | approx. 9 billion euros |
| Branch | Automobile trade |
| Website | www.lsh.com |
| As of December 31, 2016 | |
Lei Shing Hong (LSH) is a Hong Kong- based company engaged in the automotive and construction machinery trade and project development. The company is the world's largest independent seller of motor vehicles from Daimler AG . Lei Shing Hong also markets vehicles from Caterpillar , Porsche and Smart . The subsidiary LSH Auto International Ltd. has a 100 percent stake in the German company Stern Auto .
Ownership structure
Lau Gek Poh owns around 70% and Yaw Teck Seng the remaining shares through various individual companies. In March 2017, Daimler AG acquired a 15% stake in the subsidiary LSH Auto International , as announced in May 2017.
Individual evidence
- ^ A b Company Overview of Lei Shing Hong Limited. In: Bloomberg LP.Retrieved May 19, 2017 .
- ↑ Chinese dealer wants to gain a foothold in Germany. In: dealership . December 19, 2014, accessed May 21, 2017 .
- ^ Daimler's new China offensive. In: Manager Magazin . December 19, 2014, accessed May 20, 2017 .
- ↑ Stern Auto completes takeover of Mercedes branches. In: Leipziger Volkszeitung . July 1, 2016, accessed May 20, 2017 .
- ^ Proposal to privatize Lei Shing Hong Limited by way of a scheme of arrangement under section 166 of the companies ordinance. (PDF (130kB)) Hong Kong Stock Exchange , November 29, 2007, accessed May 20, 2017 .
- ↑ Susanne Preuss : This Chinese Mercedes dealer also sells in Germany. In: Frankfurter Allgemeine Zeitung . May 19, 2017. Retrieved May 20, 2017 .