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03-04-2021, 11:56 PM
Just had a look at company details for GBA Dynamic Growth Holding ( 01189.HK ) on the aastocks website :
For Year Ending 31 Dec 2019, the annual accounts shows balance sheet with "cash on hand" at $1.8 Bil.
There was a change of major shareholder - announced on 7 Aug 2020.
"As shown in the Notices, 147,663,250 Shares (representing approximately 18.71% of the issued share capital of the Company) held by AWL through a securities brokerage company was disposed of by the securities brokerage company on 1 June 2020 and the proceeds were applied to settle certain outstanding balances owing from AWL to the securities brokerage company pursuant to a margin client agreement entered into between the parties (the “Disposal”). After the Disposal, Master Glory, through its wholly-owned subsidiaries, was interested in 842,750 Shares (representing approximately 0.1% of the issued share capital of the Company) and ceased to be a substantial shareholder (as defined in the Rules Governing the Listing of Securities on the Stock Exchange (the “Listing Rules”)) of the Company."
As at the date of this announcement, Mr. Lai Tsz Wah, the managing director and an executive director of the Company, is interested in 147,663,250 Shares (representing approximately 18.71% of the issued share capital of the Company), and is the largest shareholder and a substantial shareholder (as defined in the Listing Rules) of the Company"
By Order of the Board - Managing Director Mr Lai .
There was a change of Auditor announced on 2 Mar 2021 .
The board of directors (the “Board”) of the Company announces that Moore Stephens CPA Limited (“Moore Stephens”) has resigned as the auditor of the Company for the financial year ended 31 December 2020 with effect from 2 March 2021.Moore Stephens stated in its letter of resignation that, after taking into account many factors including the professional risk associated with the audit, the level of audit fees and its available internal resources in the light of the current work flow, it decided to tender its resignation as auditor of the Company.
Moore Stephens also confirmed in its letter of resignation that, apart from the information set out above, there are no other matters connected with its resignation that need to be brought to the attention of holders of securities of the Company.
For Year Ending 31 Dec 2019, the annual accounts shows balance sheet with "cash on hand" at $1.8 Bil.
There was a change of major shareholder - announced on 7 Aug 2020.
"As shown in the Notices, 147,663,250 Shares (representing approximately 18.71% of the issued share capital of the Company) held by AWL through a securities brokerage company was disposed of by the securities brokerage company on 1 June 2020 and the proceeds were applied to settle certain outstanding balances owing from AWL to the securities brokerage company pursuant to a margin client agreement entered into between the parties (the “Disposal”). After the Disposal, Master Glory, through its wholly-owned subsidiaries, was interested in 842,750 Shares (representing approximately 0.1% of the issued share capital of the Company) and ceased to be a substantial shareholder (as defined in the Rules Governing the Listing of Securities on the Stock Exchange (the “Listing Rules”)) of the Company."
As at the date of this announcement, Mr. Lai Tsz Wah, the managing director and an executive director of the Company, is interested in 147,663,250 Shares (representing approximately 18.71% of the issued share capital of the Company), and is the largest shareholder and a substantial shareholder (as defined in the Listing Rules) of the Company"
By Order of the Board - Managing Director Mr Lai .
There was a change of Auditor announced on 2 Mar 2021 .
The board of directors (the “Board”) of the Company announces that Moore Stephens CPA Limited (“Moore Stephens”) has resigned as the auditor of the Company for the financial year ended 31 December 2020 with effect from 2 March 2021.Moore Stephens stated in its letter of resignation that, after taking into account many factors including the professional risk associated with the audit, the level of audit fees and its available internal resources in the light of the current work flow, it decided to tender its resignation as auditor of the Company.
Moore Stephens also confirmed in its letter of resignation that, apart from the information set out above, there are no other matters connected with its resignation that need to be brought to the attention of holders of securities of the Company.