title: Hoifu Energy Group
text: # Hoifu Energy Group
  
  Hoifu Energy Group Limited is a Bermuda-incorporated energy and financial-sector holding company. The company headquartered in Hong Kong and listed its shares on The Stock Exchange of Hong Kong.
  
  ## History
  
  Karl Thomson Holdings Limited was incorporated in Bermuda and registered as a "Registered non-Hong Kong company" in Hong Kong since 30 May 2000. In January 2013, the company was renamed to Hoifu Energy Group Limited, as well as adding a registered Chinese name (Chinese: 凱富能源集團有限公司). The company had a Chinese trading name 高信集團控股有限公司 before 2013.
  
  Karl Thomson Holdings was the parent company of Hong Kong-based Karl Thomson Financial Group, which was founded by Lam Kwok Hing (Chinese: 藍國慶). Its core subsidiaries, Karl-Thomson Securities and Karl-Thomson Commodities, were founded in 1991.
  
  In September 2006, an associate company (20% stake) of Karl Thomson Holdings, Aminex Petroleum, acquired the exploration and production rights of an oil field in Egypt. In November 2006, the company acquired Australia-listed company Volant Petroleum, a manufacturer for oil-industry. In 2011, it was reported that Karl Thomson Holdings temporary suspended the operation in Egypt due to Egyptian revolution of 2011.
  
  ## Subsidiaries and divisions
  
  * Karl Thomson Financial Group
  * Asia Tele-Net and Technology [zh] (former)
  