International Business Settlement Holdings Company Description

International Business Settlement Holdings Limited, an investment holding company, engages in the property development business in Mainland China and Hong Kong.

It operates through the Property Development, Hotel Business, Computer Equipment Business, and Financing Business segments.

The company is involved in the development and sale of commercial and residential properties and car parking spaces; undertaking of land development activities; and hotel development.

It also provides hotel management and property management services. In addition, the company offers encrypted distributed storage space through leasing of servers and rendering ancillary services and trading of computer equipment.

Further, it provides financing through money lending and factoring services. The company was formerly known as Chaoyue Group Limited and changed its name to International Business Settlement Holdings Limited in December 2016.

The company was incorporated in 1993 and is headquartered in Causeway Bay, Hong Kong. International Business Settlement Holdings Limited operates as a subsidiary of Long Grand Limited.