Announcement

PSC on behalf of PSHK to announce its board's resolution to approve the dissolution of PSHK.

  • SEQ_NO
  • 5
  • Date of announcement
  • 2022/03/08
  • Time of announcement
  • 15:57:03
  • Subject
  • PSC on behalf of PSHK to announce its board's resolution to approve the dissolution of PSHK.
  • Date of events
  • 2022/03/08
  • To which item it meets
  • paragraph 51
  • Statement
  • 1.Date of occurrence of the event:2022/03/08
    2.Company name:President Securities (Hong Kong) Ltd.
    3.Relationship to the Company (please enter ”head office” or
    ”subsidiaries”):Subsidiaries
    4.Reciprocal shareholding ratios:NA
    5.Cause of occurrence:In order to simplify the investment structure
    and improve the capital utilization efficiency of PSC, it is proposed
    to dissolve President Securities (Hong Kong) Ltd.
    6.Countermeasures:The dissolution of President Securities
    (Hong Kong) Ltd., which was established in 1994 with current capital
    amount HKD 192,600,000, 100% held by PSC.
    7.Any other matters that need to be specified:None
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