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Dec. Earned the preliminary regulatory approval to list shares on the Kosdaq market
Oct. Capital increase by $380.000
Aug. Capital increase by $1,490,000
 
Nov. Cowell e Holdings Inc. was established
- Address : The offices of M&C Corporate Services Limited, PO               Box 309GT, Ugland House, South Church Street, George
              Town, Grand Cayman, Cayman Islands
 
Nov. 2006. Established a holdings company in electronics businesses called Cowell e Holdings Inc. in Cayman Islands
Aug. Purchased BK Fashion Korea in Korea (currently Cowell Fashion)
 
Sept. Purchased Cowell World Optic (currently Cowell Optic Electronics)
 
Oct. Established Cowell Toy Limited (taking over all businesses under the previous locally incorporated units)
March Established Cowell Optic Electronics Limited in HongKong
Feb. Established Cowell China in China
 
June Purchased a controlling stake in Segye Optics (currently Cowell Optics Electronics in Korea)
 
Feb. Established Cowell S.M.D. ltd in HongKong
 
May Established Cowell Investment Capital in Korea
 
Aug. Established ONEX in HongKong, currently called Cowell Toy Limited