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SUMMIT ASCENT (00102): Lam Hung Tuan has been appointed as Executive Director.
SUMMIT ASCENT (00102) announced that starting from March 11, 2025: Lam Hung Tu...
Express News | Summit Ascent - LAM Hung Tuan Appointed as an Executive Director
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