News Archive

Tagalder's Year 2000 Consolidated Financial Statements  
May 19, 2001

Tagalder's President, Roger Lam, announced that the Corporation has released its Consolidated Financial Statements of December 31, 2000 and its first quarter Consolidated Financial Statements of march 31, 2001. The Corporation has a historical turn around year by consolidating and paying off all its debts and increasing its assets to closed to C$2 million in the first quarter of 2001. 

Roger indicates that Tagalder will exceed its initial target of growing its assets to  C$5 million by the year end of 2001. The annual sales generated from its shareholdings in its diversified businesses will also exceed C$3 million this year. 

Further announcements from Tagalder's CEO, Peter Chun, are expected in the next few weeks on the new developments in Tagalder's Asian division.        

Roger is grateful to the full support from Tagalder's Chairman, Murray Eades,  and the board members, Chief Executive Officer, Peter Chun, and the management team, Tagalder's partners and shareholders. 

The Corporation's business is progressing as planned and the management is confident that Tagalder will transform into a strong income generated company by the year end of 2001.

For further details of the financial reports, please click here.

Please close this window to go back