Westminster Capital, Inc. - WI- Profile

Westminster Capital, Inc.. The Group's principal activities are carried out through four segments: Point-of-purchase display and packaging, Audio-visual equipment rental and sales, Group purchasing services and Finance and secured lending. The Point-of-purchase display and packaging division offers attractive and effective solutions to complex packaging and promotional needs. The Audio-visual equipment rental and sales segment rents and sells audio-visual equipment and presentation services to other audio-visual companies and presentation companies. The Group purchasing services division provides group purchasing of goods and services to new car dealers and health care providers. The Finance and secured lending segment provides financing services such as secured lending and equity investments. During 2002, the Group discontinued Physician Advantage operation. Display and Packaging accounted for 70% of 2002 revenues; Equipment Rental, 25%; Group Purchasing, 3% and Finance and Lending, 2%. Display & Packaging accounted for 70% of 2002 revenues; Equipment Rental, 25%; Group Purchasing, 3% & Finance & Lending, 2%