BNET Industries

Cathay Merchant Group Inc.

MNSF is in the Manufacturing Industry

Market Cap:$1.0M
Last Fiscal Year Sales:$100.1M
  • Public
Dow Jones Description

Our primary business involves the manufacturing of aluminium products. Our wholly-owned subsidiary, Cathay Merchant Group Ltd., a company incorporated under the laws of Samoa ("Cathay Ltd."), acquired all of the shares of AWP Aluminium Walzprodukte GmbH and AFM Aluminiumfolie Merseburg GmbH on June 30, 2005. The companies were acquired for a combined purchase price of $18.5 million (15,300,000). AWP Aluminium Walzprodukte was based in Berlin, Germany, and operated an aluminium rolling mill through its wholly-owned subsidiary, MAW Mansfelder Aluminiumwerke GmbH. In 2006, AWP Aluminium Walzprodukte merged with and into MAW Mansfelder Aluminiumwerke, with MAW Mansfelder Aluminiumwerke continuing on as the surviving corporation. Its products include aluminium sheets, foils, strips and blanks for use by industrial and commercial fabricators of aluminium products. On the same date, we also acquired AFM Aluminiumfolie Merseburg, which operates an aluminium rolling mill factory in Merseburg, Germany and produces aluminium foil for flexible (food and beverage) packaging, pharmaceutical packaging and other technical applications. We hold interests in certain land, buildings and capital property where the two aluminium mills are located pursuant to the terms of two lease agreements with Grundstuckfonds Sachsen-Anhalt GmbH, a company wholly-owned by the State of Saxony-Anhalt, Germany ("GSA"). ...

Chairman of the Board of Directors, President, Chief Executive Officer, Chief Financial Officer
Michael J. Smith
Number of Employees 126
Contact Information

3604 Tower 1

Shanghai 200070

cathaymerchant....

(86) 21 6353 1818

NAICS Code Aluminum Sheet, Plate, and Foil Manufacturing: 331315

Decision Makers

Name (plus bio) Position
Stefan Feuerstein Chief Operating Officer
Jelena Djordjevic Lausevic Director
Mirjana Lausevic Zdravkovic Director

Board of Directors

Name (plus bio) Position
Michael J. Smith Chairman of the Board of Directors, President, Chief Executive Officer, Chief Financial Officer
Andrew Hung Board of Directors
Jelena Djordjevic-Lausevic Board of Directors
Mirjana Lausevic-Zdravkovic Board of Directors
Silke Brossman Board of Directors

Organization Position Status
Cathay Merchant Group, Inc. Chairman of the Board of Directors, President, Chief Executive Officer, Chief Financial Officer Current
Blue Earth Refineries, Inc. President Current
James Batmasian President Current
KHD Humboldt Wedag International Ltd. President and Secretary Current
KHD Humboldt Wedag International Ltd. Chairman and Director Current
Blue Earth Refineries, Inc. Director Current
James Batmasian Director Current
MFC Merchant Bank S.A. President Former

Organization Position Status
Cathay Merchant Group, Inc. Chief Operating Officer Current

Organization Position Status
Cathay Merchant Group, Inc. Board of Directors Current

Organization Position Status
Cathay Merchant Group, Inc. Director Current

Organization Position Status
Cathay Merchant Group, Inc. Board of Directors Current

Organization Position Status
Cathay Merchant Group, Inc. Director Current

Organization Position Status
Cathay Merchant Group, Inc. Board of Directors Current

Organization Position Status
Cathay Merchant Group, Inc. Board of Directors Current
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MNSF $0.055 -0.000 (-0% )
Volume 1,000
Shares Outstanding 18.8M
Market Cap 1.0M
Year High 0.099
Year Low 0.040
Earnings Per Share -0.25
P/E Ratio N/A
Dividend 0.00
Yield 0.00
IndustryTop Rated
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