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UBA Investments Discloses Board and Committee Members
UBA Investments Welcomes New Director Sophia Kwok
Uba Investments (00768.HK): Guo Wanlin appointed as an independent non-executive director.
UBA Investments (00768.HK) announced on July 12th that Guo Wanlin will be appointed as independent non-executive director, member of audit committee, remuneration committee and nomination committee, effective from July 12, 2024. In addition, Feng Zhenxiong has expressed his intention to resign as an independent non-executive director and will not be re-elected as a director at the upcoming annual general meeting of shareholders. Therefore, after the annual general meeting of shareholders expected to be held on August 21, 2024, Feng Zhenxiong will no longer serve as an independent non-executive director, member of audit committee, remuneration committee and nomination committee.
As of the end of June, the comprehensive net asset value per share of UBA Investments (00768.HK) was HKD 0.07.
On July 10th, Gelonhui announced that as of June 30, 2024, the unaudited net asset value of the company per share of uba investments (00768.HK) was approximately HKD 0.07.
UBA Investments Halves Loss in Fiscal Year 2024
UBA Investments (HKG:0768) reported a loss before taxation of HK$7.4 million for the fiscal year ended March 31, 2024, compared with a loss of HK$14.4 million in the previous year, according to a Thur
UBA Investments (00768) released its annual performance report, with shareholders' loss at HKD 7.409 million, a 48.67% reduction compared to the previous year.
UBA Investments (00768) released its annual results for the year ended March 31, 2024. The group earned an income of HKD 5.01 million, an increase of 9.29% year-on-year. Shareholders incurred a net loss of HKD 7.409 million, a decrease of 48.67% year-on-year, with a basic loss per share of 0.58 HK cents. The announcement stated that the total proceeds from the sale of trading securities was reduced by 86% to approximately HKD 2.9 million from approximately HKD 20.9 million in the same period last year. This was primarily due to the group’s reduced investment willingness in trading listed securities due to the uncertain macroeconomic environment affected by the US interest rate hike.
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