Hsin Chong Aster Building Services Limited
Hsin Chong Aster Building Services Limited (“Hsin Chong Aster”) was founded in 1988. At the inception, it was a joint-venture company equally shared by an Italian company by the name of Finaster S.p.A. and a construction subsidiary of Hsin Chong Group Holdings Limited, a listed company in Hong Kong Stock Exchange. Since then, Hsin Chong Aster has been harnessing exceptional project management, know-how, trade mark and competitive edge under the leadership of its longstanding managing director in serving a large number of reputable clients in niche markets.
In July 2005, Hsin Chong Group Holdings Limited took over fifty percent shareholding of Hsin Chong Aster from Finaster S.p.A. The company had then became a cornerstone for Hsin Chong Construction Group and undertook many sizable, reputable projects in Hong Kong and China, namely airport, hospitals, hotels, depots, educational institutions, commercial and residential development and water treatment plants.
On 31 December 2018, Hsin Chong Aster was restructured into a wholly-owned subsidiary of Efficient League Limited, separated from Hsin Chong Group Holdings Limited. On 30 December 2020, a further restructuring took place to strengthen the background of Hsin Chong Aster’s shareholders and its capital structure. Golden Celosia Limited, a subsidiary of Chow Tai Fook Group whose ultimate beneficial owner is Cheng Yu Tung family, has become the major shareholder of Hsin Chong Aster with ninety percent shareholding.
The company’s longstanding managing director, project management team, construction licenses, existing and new projects and the prospective business opportunities will continue to present and bolster in Hsin Chong Aster with the express blessing from Cheng Yu Tung family .