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SUMMIT ASCENT (00102.HK) is actively seeking opportunities to divest its non-core Real Estate Development Business in Miyako Island, Japan, and continues to be suspended from trading.
On January 9, Glonghui announced that SUMMIT ASCENT (00102.HK) stated that the group's main Business remains unchanged since the date of the recent quarterly announcement. The group's daily operations have continued to remain stable. The group's hotel and Gambling operations in Russia continue to face significant challenges and uncertainties due to the ongoing escalation of the conflict between Russia and Ukraine and sanctions related to Russia. The group is diversifying investments in the rapidly developing emerging Gambling market in Asia—specifically in the Philippines, as well as in the non-core property development business on the Miyako Islands in Japan. Although a buyer has not yet been found, the group is actively seeking opportunities to divest its interests in Miyako, Japan.
Summit Ascent Navigates Operational Challenges
SUMMIT ASCENT: (1) QUARTERLY UPDATE ON BUSINESS OPERATIONS AND RESUMPTION STATUS; AND (2) CONTINUED SUSPENSION OF TRADING
Summit Ascent Delays Financial Reports Amid Audit Reconstitution
SUMMIT ASCENT: (1) DELAY IN THE PUBLICATION OF THE 2024 INTERIM RESULTS ANNOUNCEMENT AND DESPATCH OF THE 2024 INTERIM REPORT; (2) UPDATE ON DELAY IN PUBLICATION OFTHE 2023 ANNUAL RESULTS ANNOUNCEMENT AND DESPATCH OF THE 2023 ANNUAL REPORT; ...
Summit Ascent (00102) announced a profit, expecting a mid-term shareholder profit of approximately 5.8 million Hong Kong dollars, turning a loss into a profit year-on-year.
Summit Ascent Holdings (00102) has announced that the group expects to take... in the six-month period ending on June 30, 2024.
Lacklustre Performance Is Driving Summit Ascent Holdings Limited's (HKG:102) 26% Price Drop
