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fe hotels (00037.HK): Ye Chengqing resigned from the position of independent non-executive director.
Grants 2nd September, fe hotels (00037.HK) announced that Ye Chengqing has resigned from the position of independent non-executive director, and will no longer serve as chairman of the board of directors nomination committee and member of the audit committee and remuneration committee, to take effect after the conclusion of the 2024 shareholder annual meeting.
Chairman of Far East Hotels and Entertainment Derek Chiu Buys 7.1% More Shares
Fe Hotels (00037.HK) received an off-market shareholding of 12.0305 million common shares by Qiu Dawei, valued at approximately 6.3761 million Hong Kong dollars.
On July 31, according to documents disclosed by the Hong Kong Stock Exchange, Qiu Dawei increased his shareholding in Far East Hotels (00037.HK) by 12.0305 million shares at an average off-market price of HKD 0.53 per share, with a total value of approximately HKD 6.3761 million. After the increase, Qiu Dawei's latest shareholding was 0.204 billion shares, and the warehouse-to-warehouse ratio increased from 25.57% to 27.17%. Source of the picture: HKEX Equity Disclosure. What is equity disclosure? According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the shares) must disclose their holdings in listed companies.
FE HOTELS: Annual Report 2024
The annual loss of fe hotels (00037.HK) has expanded to HKD 33.02 million in terms of performance.
Fe Hotels (00037.HK) announced its financial performance for the fiscal year ending in March, with revenue of HKD 29.64 million, a 20.3% yearly decrease. Losses expanded from HKD 7.95 million in the previous year to HKD 33.02 million, with a loss per share of 4.39 cents. No final dividend will be distributed.
fe hotels (00037) released its annual performance report, with shareholders reporting a loss of HKD 33,017,200, an expansion of 315.51% compared to the previous year.
Fe Hotels (00037) released its annual results for the year ending March 31, 2024, during which time the group achieved...
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