00572 FW HOLDINGS
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FW HOLDINGS News
未來世界控股：年報2023
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
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
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...
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.
FW HOLDINGS: FINAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
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...
Future World Expects Wider Loss in 2023
Future World Holdings (HKG:0572) expects a loss of more than HK$150 million for the year ended Dec. 31, 2023, compared with a loss of approximately HK$15.6 million in the previous year, according to a
Future World Holdings (00572) is expected to lose no less than HK$150 million per year
Zhitong Finance App News, Future World Holdings (00572) announced that the following changes have improved the company's financial performance for the year ended 31 December 2023: (i) the credit loss provision for the repayment of loans and interest receivable during the reporting period was approximately HK$3.1 million, while provision was made for accrued credit losses of approximately HK$10 million for the year ended 31 December 2022; (ii) during the reporting period, the expected credit loss provision for the corresponding year was approximately HK$3.8 million; and (iii) report Acquired by selling a subsidiary during the period
Future World Holdings Acquire Minority Stakes in Two Property Firms
Future World Holdings' (HKG:0572) unit Shenzhen Baiyi Industrial Investment will acquire Hao Xiaorun's entire equity interest in Shanxi Mei Lian Hang Property Management for 3.4 million yuan, accordin
Future World Holdings (00572.HK) plans to acquire all shares in Associated Bank Properties
Glonghui, March 18, 丨 Future World Holdings (00572.HK) announced that on March 18, 2024, the buyer (a wholly-owned subsidiary of the company) and seller A signed the first sales agreement. According to this, the buyer conditionally agreed to the acquisition and transfer, while seller A conditionally agreed to sell and transfer all of the shares and shareholder loans of the Bank of America, at a cost of RMB 3,400,000 and RMB 32,000,000 respectively. After the first completion, Federal Reserve Properties will become an indirect wholly-owned subsidiary of the company. On the same day, Associated Bank Properties (a wholly-owned subsidiary of the company after the first completion) and
Future World Holdings (00572.HK) held a board meeting on March 27 to discuss and approve annual results
Glonghui March 14 | Future World Holdings (00572.HK) announced that the company will hold a board meeting on March 27, 2024 (Wednesday) to discuss and approve (including) the audited annual results of the company and its subsidiaries for the year ended 31 December 2023 and the payment of a final dividend (if any).
Future World Arm Extends Maturity of Central Wealth Loan
Future World Holdings (HKG:0572) unit Globally Finance revised its loan agreement with borrower Central Wealth Group (HKG:0139) such that the availability period and repayment of debt have been exten
Future World Holdings (00572): The period of use of Zhongda Loan Financing and the repayment date for outstanding loans have been extended to December 31, 2024
Future World Holdings (00572) announced that World Finance (a wholly-owned subsidiary of the company) (as a lender) and China...
Future World's Unit Buys Two Hotels for 17.9 Million Yuan
Future World Holdings' (HKG:0572) unit, Shenzhen Baiyi Industrial Investment, bought two hotels for a consideration of about 17.9 million yuan. The company, a financial services provider and property
Future World Holdings (00572.HK) appoints Wu Guancheng as company secretary
Gelonghui November 21丨Future World Holdings (00572.HK) announced that Ms. Lin Xiyi has resigned as the company secretary of the company. Mr. Wu Guancheng was appointed as the company secretary of the company with effect from November 21, 2023.
Future World Concludes HK$70 Million Rights Offering
Future World Holdings (HKG:0572) raised HK$69.95 million in gross proceeds from its recently concluded rights offering. The securities trader said it received applications for 70.8 million rights shar
Future World Holdings (00572): The stock offering was effectively accepted, about 60.97%, involving 707.826 million shares offered
Future World Holdings (00572) issued an announcement regarding the issuance of 1 share for every existing share held according to the record date...
FW HOLDINGS: INTERIM REPORT 2023
Future World Holdings' H1 Attributable Loss Widens on Higher Fair Value Losses
Future World Holdings' (HKG:0572) attributable loss widened to HK$59.8 million, or HK$0.52 per share, in the first half, from HK$5.5 million, or HK$0.08 per share, in the year-ago period, a Monday fil
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