Origo Partners PLC

Description

Founded in 2006, Origo Partners PLC is an investment firm with a diversified portfolio of public and private equity, mainly in companies that are active in China and Mongolia. It is the listed on the AIM market of the London Stock Exchange, and it serves different sectors such as metal, mining, telecom, media and technology. Headquartered at Douglas, Isle of Man, the company works in China, Mongolia, South Africa, and Europe, and mainly invests equity and debt instruments. The firm makes various investments in China and investments in mining assets in Mongolia.

Its auxiliaries include Ascend Ventures Ltd, Origo Resource Partners Ltd, PHI International Holding Ltd, Origo Partners MGL LLC, Ascend (Beijing) Consulting Ltd, China Commodities Absolute Return Ltd, and PHI International (Bermuda) Holding Ltd, among others. The company might also explore opportunities in the cryptocurrency space with the help of trading bots.

The company has already announced that they have started the process of liquidation. The company's investment advisor has been terminated and has already returned US $2.1 million back to the shareholders. If the hurdles are solved, the company can expect proceeds up to US $4.2 million through a third-party sale of assets. The company had announced in 2015 itself about the divestment initiative. As soon as all global restrictions are eased out, the Company will make a further announcement.