In the past, Grande Holdings has purchased several Japanese HiFi manufacturers, including Akai and Nakamichi.
In 1999 prior to the collapse of International Semi Tech Microsystems, Grande Holdings acquired Singer, Pfaff, Akai and Sansui Electric assets.
In November 1999, and after the bankruptcy proceedings, many of Akai's remaining assets mysteriously shifted to Grande Holdings, without any notification to the Hong Kong Stock Exchange, creditors, courts, or other regulatory authorities.
At the time of filing, the company controlled the Akai and Nakamichi brands as well as its key assets, including a TV factory in Zhongshan, China.
The company also owns Ross Group plc,[2] a transformer manufacturer in the United Kingdom, majority ownership of Emerson Radio, and Kawa a Chinese brand of electronics.