Fastube Limited Company Profile - Jul 06, 2011

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Fastube Limited Company Profile - Jul 06, 2011 Powered By Docstoc
					Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   Fastube Limited
                                                                                       440 Wheelers Farms Road
                                                                                       Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in Chinese Renmimbi

                                 Wright Quality Rating:LLNN                                 Key Data

   Fastube Limited (Fastube), formerly Link Hi Holdings Limited, is an investment holding   Ticker:
   company. The principal activities of its subsidiaries include, developing,               5IH
   manufacturing and processing of precision steel pipes; carrying out research and
   development, design, manufacture and sale of steel pipes, equipment and facilities       2010 Sales:
   for use in oil exploration. The Company operates through its wholly owned
                                                                                            605,953,000
   subsidiaries Wuxi Fastube Industry Co., Ltd and Wuxi Fastube Energy Development
   Technology Co., Ltd, as well as 55%-owned subsidiary Wuxi Fastube Dingyuan
   Precision Steel Pipe Co., Ltd. It exports the products to Canada, United States,         Major Industry:
   Europe, Asia and China. Fastube's products include Anti-corrosive Oil Country            Metal Producers & Products
   Tubular Group (OCTG) pipes, Non-API OCTG pipes with connector and N80 welded             Manufacturers
   OCTG pipes.
                       Stock Chart                                   Officers               Sub Industry:
                                                              Non Executive Chairman        Steel Producers -
                                                                    Haitao Gong             Integrated

                                                          Executive Director & Chief        Country:
                                                                 Executive                  China
                                                                 Yucai Gong
                                                                                            Currency:
                                                                                            Chinese Renmimbi

                                                                                            Fiscal Year Ends:
                                                                                            December

                                                                                            Employees
                                                                                            278

                                                                                            Exchanges:
                                                                                            SIN

                                                                                            Share Type:
             Stock Price (5/13/2011): 0.16                                                  Ordinary
               Recent stock performance
                     1 Week     %
                                                                                            Market Capitalization:
                     4 Weeks    %
                                                                                            19,556,250
                     13 Weeks %
                     52 Weeks %
                                                                                            Total Shares

				
DOCUMENT INFO
Description: Fastube Limited (Fastube), formerly Link Hi Holdings Limited, is an investment holding company. The principal activities of its subsidiaries include, developing, manufacturing and processing of precision steel pipes; carrying out research and development, design, manufacture and sale of steel pipes, equipment and facilities for use in oil exploration. The Company operates through its wholly owned subsidiaries Wuxi Fastube Industry Co., Ltd and Wuxi Fastube Energy Development Technology Co., Ltd, as well as 55%-owned subsidiary Wuxi Fastube Dingyuan Precision Steel Pipe Co., Ltd. It exports the products to Canada, United States, Europe, Asia and China. Fastube's products include Anti-corrosive Oil Country Tubular Group (OCTG) pipes, Non-API OCTG pipes with connector and N80 welded OCTG pipes.
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