United Pacific Industries Limited (“UPI”) is a diversified investment holding company with manufacturing subsidiaries operating in the United Kingdom and the PRC and sales offices in Europe, Australasia, Japan and the USA. UPI has been listed on the Stock Exchange of Hong Kong Limited since 1994. At present, UPI has two principal operating divisions. Spear & Jackson mainly engaged in the manufacture and distribution of a broad line of hand-held tools, lawn and garden tools, industrial magnets and metrology tools. UPI’s wholly-owned subsidiary Pantene Industrial Company Limited involved in the design, production and sale of electronic and electrical products and OEM services. Core product range includes voltage converters, cables, coils and components for electronic/ electrical/ mechanical products, chargers and rechargeable battery products.