Chinese Global Investors Group Ltd. ("the Company") is an investment holding group listed on the Catalist of the Singapore Exchange. The Company and its subsidiaries are principally engaged in two streams of business: financial and investment services and the provision of quality waterproofing and building protection solutions and products.
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The Company was incorporated in Singapore on 14 June 1966 under the name W Graham Hitchins (Far East) Pte Ltd. W Graham Hitchins was founded in England in 1932, whose core business is to provide integrated solutions for the waterproofing and protection of building and concrete structures - from materials research and development to manufacturing and installation of waterproofing and concrete protection products. In 1989, the UK parent company underwent a worldwide restructuring leading to a management buy-out for the Group's businesses located in Singapore, Malaysia and Brunei.
On 23 January 2003, the Company was listed on the Catalist of the Singapore Exchange under the name Hitchins Group Ltd.
In January 2007, after M.E. Development L.L.C. of Dubai acquired a strategic stake in Hitchins Group Ltd., the Company was renamed as Middle East Development Singapore Ltd ("MEDS"). In collaboration with this strategic investor, MEDS expanded into project and construction management contracts in the Middle East.
In January 2009, Germir Group Limited ("Germir") first acquired 14.66% interest in the Company and subsequently increased its stake to 34.65% via purchase of new share issue on 23 July 2009. With the addition of Germir as a major shareholder, the Company then expanded into coal, metals and other natural resource businesses in the PRC. In December 2009, the Company was renamed as Auswin Holdings Limited.
On 2 February 2011, upon the approval by shareholders, the Company was renamed Chinese Global Investors Group Ltd to reflect its diversification into financial services and investment activities. Through one of its major subsidiaries CGI (Offshore) Limited, the Company has acquired interests in CGI Financial Services Limited, and CGI (HK) Limited to be used as intermediate holding entities for the Company's investment holding.