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Polytec Asset Holdings Limited, an investment holding company, primarily invests in, develops, and trades in real estate properties in the People’s Republic of China and Kazakhstan. The company operates through four segments: Properties, Oil, Ice and Cold Storage, and Financial Investments. It develops residential and commercial properties. The company has a development land bank of 294,000 square meters; and investment land bank of approximately 18,000 square meters in Macau. It is also involved in the oil exploration and production related activities in Kazakhstan; manufacturing and trading ice; the provision of cold storage and consultancy services; and general trading activities. In addition, the company invests in equity and debt securities. The company was formerly known as Kin Don Holdings Limited and changed its name to Polytec Asset Holdings Limited in January 2004. The company was incorporated in 1998 and is headquartered in Kowloon, Hong Kong. Polytec Asset Holdings Limited is a subsidiary of Intellinsight Holdings Limited. As of May 21, 2021, Polytec Asset Holdings Limited was taken private.
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