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Future World Holdings (00572.HK) plans to sell subsidiaries holding properties and transfer intercompany loans at a cost of HK$38 million
Gelonghui, April 16, 丨 Future World Holdings (00572.HK) announced that on April 15, 2024, the seller (a wholly-owned subsidiary of the company) entered into a sales agreement with the buyer (Mr. Lee Sai-cheung). According to this, the seller conditionally agreed to sell and cause the intercompany loan lender to transfer the benefits of the intercompany loan to the buyer, and the buyer conditionally agreed to sell shares (one share of the target company, that is, all issued shares of the target company) and the transfer of the intercompany loan at a cost of HK$38 million (subject to adjustment). The target company (Skyhawk Co., Ltd., an indirect wholly-owned subsidiary of the company) is mainly
Gelonghui FinanceApr 15 18:53 ET
Future World Holdings (00572): Proposed sale of Skyhawk Limited
Zhitong Finance App News, Future World Holdings (00572) issued an announcement. On April 15, 2024, the seller (Meiyi Holdings Co., Ltd., a wholly-owned subsidiary of the company) signed a sales agreement with the buyer, Mr. Li Shizhang. The seller conditionally agreed to sell and cause the intercompany loan lender to transfer the benefits of the intercompany loan to the buyer, and the buyer conditionally agreed to acquire all issued shares of the target company (Tianying Limited) and the intercompany loan at a cost of HK$38 million (subject to adjustment). After completion, the target company will no longer be a subsidiary of the company, and the target company's financial performance will no longer be consolidated
Zhitong FinanceApr 15 18:17 ET
Future World Holdings (00572): Zhu Jianming appointed as company secretary
Future World Holdings (00572) issued an announcement. Wu Guancheng has resigned as company secretary, and Zhu Jianming has been appointed as the company's official...
Zhitong FinanceApr 15 08:32 ET
Future World Holdings (00572) Announces Annual Results Loss attributable to shareholders of HK$152 million, an increase of 2061.09% year-on-year
According to the Zhitong Finance App, Future World Holdings (00572) announced results for the year ended December 31, 2023. The Group's revenue was HK$389.48 million, a year-on-year decrease of 17.37%; shareholders' losses amounted to HK$152 million, an increase of 2061.09% over the previous year; and a loss of HK$1.01 per share. According to the announcement, the decline in earnings was mainly due to a decrease in revenue from the segment providing financial services.
Zhitong FinanceMar 27 12:12 ET
FW HOLDINGS: FINAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Futu NewsMar 27 10:53 ET · Announcements
Future World Holdings (00572) plans to transfer receivables and share charges to the executive director and shareholder Lelangwei at a cost of HK$657.457 million
Future World Holdings (00572) issued an announcement. On March 22, 2024, the company and Mr. Le Langwei agreed to transfer...
Zhitong FinanceMar 22 11:02 ET
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104135049 : This is just their modus operandi to get the screenshots to get a rough estimate of their gains. On D-Day, they can already tally up quickly by the sum of queue orders. It also depends on where you are in the food chain. For example, my guess is
1) Bosses gets 80%
2) Part-time runners 10%-20%
3) Full-time runners locked up in Cambodia, Laos, Myanmar - Happy if you get food to eat and no punishment.