The Group is a contractor principally engaged in undertaking slope works, foundation works and other general building works in Hong Kong. Slope works generally refer to landslip preventive and remedial works for improving or maintaining the stability of slopes and/or retaining walls. Foundation works are generally concerned with the construction of foundations. General building works mainly include the general construction of buildings. Fraser Construction Company Limited, our principal operating subsidiary, is an approved specialist contractor included in the List of Approved Specialist Contractors for Public Works maintained by the Development Bureau of the Government of the Hong Kong Special Administrative Region under the categories of “Landslip preventative/Remedial Works to Slopes/Retaining Walls” with a confirmed status and “Land Piling (Group II)”. Being on such list is a prerequisite for tendering public sector projects in the relevant works categories. In addition, Fraser Construction Company Limited is registered under the Building Ordinance (Chapter 123 of the Laws of Hong Kong) as a (i) Registered Specialist Contructor under the sub-register of “Site Formation Works” and “Foundation Works” categories; and (ii) Registered General Building Contractor.
On 7 September 2017, the Company formally known as Fraser Holdings Limited has changed its company name to Zhejiang United Investment Holdings Group Limited” and the change of stock short name trading on The Stock Exchange of Hong Kong Limited to “‘ZJ UNITED INV’’ on 26 September 2017 in order to more accurately reflect a new corporate image and identity in its future business development
The objective of the Company is continuously engaged in construction and exploring the possibility of extending its business into financial and culture market to broaden its income source, with the support of a new experienced and energetic core team to inject new ideas and momentum to the Group.