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Epidemic | Zentral’s past and present nightclub stock Magnum opens and is now held by mainland e-commerce companies

2022-05-29T08:30:59.962Z


A suspected outbreak at Zentral, a bar on D'Aguilar Street in Central, infected 11 customers who did not know each other. The source of the infection is unknown. Looking through the information, Zentral has a very strong background, and the parent company is the "first night club" that was in the limelight when it was listed.


A suspected outbreak at Zentral, a bar on D'Aguilar Street in Central, infected 11 customers who did not know each other. The source of the infection is unknown.

Looking through the information, Zentral has a very strong background. The parent company is Magnum, the “first nightclub” that was in the limelight when it was listed. ".


According to the data, Oaks spent 14.4 million yuan to renew the lease of Zentral’s shop against the market, and admitted that it continued to lease at a higher price, showing that the group cast a “vote of confidence” in Hong Kong’s prospects.

Zentral also often finds famous people to "support", such as artists Gao Haining, Zhuang Simin, etc., and have also attended Zentral's events that are very popular among Yepo people.


▼On May 28, the outbreak of the Zentral bar in Central will not happen next week▼


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Magnum creates a first-of-its-kind nightclub listing to raise funds to open Zentral

Zentral was formerly operated by Magnum Entertainment Group (Magnum). Magnum is not only the first "night club" in Hong Kong, but also a nightclub group under Ye Maolin, chairman of Bright Talent Securities in Hong Kong.

Looking at the information, Magnum was listed as early as 2014, and it planned to raise 126 million yuan. The part of the fundraising that day was used for Zentral, which broke out the day before its opening.

At that time, it was oversubscribed by nearly 3,600 times, and it was once the “oversubscribed king” in the history of Hong Kong IPOs.

Magnum was once all the rage and owned a number of nightclubs, including the famous "Pu Dian" Magnum Club.

Magnum Club spent 500 million yuan to build a unique lift stage in Lan Kwai Fong. He Chaoyun, the daughter of "Gambling King" Stanley Ho, was also present on the opening day. It was also the filming location of the movie "Love the Night Puss".

In the past, many celebrities have visited, for example, the world premiere conference of a music documentary was held for Rihanna, an internationally renowned singer.

Statistics show that in 2014, Magnum Club charged a flat rate of 450 yuan for men and women on Saturdays, but in order to attract men to patronize, some young women can enter for free.

▼On May 28, the Zentral Bar on D'Aguilar Street, Central, broke out▼


Listed for more than a year, it has been sold and renamed Oaks

However, more than a year after its listing, Magnum was sold immediately. At that time, the major shareholder Ye Maolin sold nearly 70% of its shares to Zheng Jianjiang, chairman of the mainland home appliance group Oaks, cashing out 400 million yuan.

And later in September 2015, Magnum officially changed its name to the current Oaks.

About half a year after the company changed hands, its two nightclubs announced their closure, saying at the time that Magnum Club and Zentral would become the backbone of the business.

However, in August 2019, Magnum Club also closed.

In 2019, Zeng bucked the market and renewed the lease at a high price. Zhuang Simin once came to congratulate him

In 2019, Oaks announced that it would spend 14.4 million yuan to renew the lease of Zentral’s shop against the market, and admitted to continue leasing at a higher price, showing that the group has cast a “vote of confidence” in Hong Kong’s prospects.

According to Oaks announced its interim results for the six months ended September 2021, including the Zentral nightclub business, the company successfully turned losses into profits, recording a profit of 8.641 million during the period, while turnover during the period increased by 22% year-on-year to 168 million yuan.

According to the data, many artists have also visited Zentral, such as Gao Haining and Zhuang Simin, who attended Zentral's third anniversary celebration party in 2018.

Last year Zentral also held an event, and mildly spicy artists Ye Peinan and Ye Sinan attended.

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Source: hk1

All news articles on 2022-05-29

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