Universe Printshop Holdings SEHK:8448 Stock Report

Universe Printshop Holdings Limited, Annual General Meeting, Sep 06, 2022

Universe Printshop Holdings Limited, Annual General Meeting, Sep 06, 2022, at 10:00 China Standard Time. Location: Unit A4, Basement, Phase 4, Kwun Tong Industrial Centre, 436-446 Kwun Tong Road Kowloon Hong Kong Agenda: To receive, consider and adopt the audited consolidated financial statements of the Company, the report of the directors of the Company (the "Director(s)") and the report of the independent auditor of the Company for the year ended 31 March 2022; to re-elect directors; to authorise the board of Directors (the "Board") to fix the Directors's remuneration; to re-appoint BDO Limited as auditor of the Company and authorise the Board to fix the auditor's remuneration; to consider second amended and restated memorandum of association and articles of association of the Company; and to consider the other matters.

Universe Printshop Holdings Limited Provides Unaudited Consolidated Earnings Guidance for the Three Months Ended 30 June 2022

Universe Printshop Holdings Limited Announces Executive Changes, with Effect from July 1, 2022

Universe Printshop Holdings Limited announced that, with effect from 1 July 2022: each of Mr. Leung Yuet Cheong and Mr. Wong Man Hin Joe has resigned as an executive Director; Mr. Chau Man Keung has resigned as the chairman of the Board, the chairman of the Risk Management Committee, a member of each of the Remuneration Committee and the Nomination Committee and has been appointed as the vice chairman of the Board; Mr. Wan Aaron Chi Keung, BBS, JP has resigned as an independent non-executive Director, the chairman of the Remuneration Committee, and a member of each of the Audit Committee, the Nomination Committee and the Risk Management Committee; Mr. Chan Chun Kit has resigned as an independent non-executive Director, the chairman of the Audit Committee, and a member of each of the Remuneration Committee, the Nomination Committee and the Risk Management Committee; Dr. Sun Yongjing has resigned as an independent non-executive Director, the chairlady of the Nomination Committee, and a member of each of the Audit Committee, the Remuneration Committee and the Risk Management Committee; Mr. Lam Shing Tai has been appointed as an executive Director, the chairman of the Board. Mr. Wong Chun Kwok has been appointed as an independent non-executive Director, the chairman of each of the Audit Committee and the Risk Management Committee, and a member of each of the Remuneration Committee and the Nomination Committee; Mr. Ho Kar Ming has been appointed as an independent non-executive Director, the chairman of the Remuneration Committee, and a member of each of the Audit Committee, the Nomination Committee and the Risk Management Committee; Ms. So Shuk Wan has been appointed as an independent non-executive Director, the chairlady of the Nomination Committee, and a member of each of the Audit Committee, the Remuneration Committee and the Risk Management Committee; and Mr. Hsu Ching Loi has resigned as a member of the Risk Management Committee. Mr. Lam Shing Tai, aged 55, has been a controlling shareholder of Wilson Printing Equipment Limited. In 2011, Mr. Lam established Wilson (Hong Kong) Limited. Mr. Wong Chun Kwok, aged 40, has over 10 years of experience in accounting and finance. Mr. Wong currently serves as the chief financial officer of Huisen Household International Group Limited, a company listed on the Main Board of the Stock Exchange, and an independent director of Datasea Inc. He served as the managing director of DW Consulting Corporation Limited from September 2020 to September 2021. He was the financial controller from February 2017 to January 2018 and the chief financial officer from January 2018 to August 2020 of Fitness World (Group) Limited. He was a senior associate in the assurance practice of PricewaterhouseCoopers Limited from January 2016 to January 2017. He worked at Moore Stephens CPA Limited as an audit senior associate from October 2010 to December 2015. He was a supervisor of KLC Certified Public Accountants (Practising) from July 2009 to August 2010. Mr. Wong was admitted as a member and a fellow of the Association of Chartered Certified Accountants in January 2014 and May 2019, respectively. He was admitted as an affiliate of the Society of Chinese Accountants & Auditors in December 2015. Mr. Wong obtained his Bachelor of Commerce degree in Accounting from Macquarie University in Australia in November 2005. Mr. Ho Kar Ming, aged 50, currently serves as the chief executive officer of Linpons Company Limited, a company established for provision of business advisory and promotion services, communication solution and language training, since September 2021 and the relationship manager of Infinity Asset Management Limited from July 2020 to May 2022. He served as the chief operating officer of Mastermind Strategy Advisors Limited, a company established for provision of business advisory services, from May 2019 to September 2021. He was a senior advisor of Di & Cooke Company Limited, a company established for provision of business advisory services and corporate planning and training, from March 2011 to March 2019. Mr. Ho obtained his Bachelor of Business degree in Banking and Finance from Queensland University of Technology in Australia in March 1995. Ms. So Shuk Wan, aged 35, currently serves as the Hong Kong Company Secretary of SouthGobi Resources Ltd. Ms. So joined SouthGobi Resources Ltd. in February 2011 and has been assistant company secretary of SGQ since 2018 prior to her current position as Hong Kong Company Secretary since January 2021. Ms. So obtained her Bachelor of Business Administration from the Bernard M. Baruch College of the City University of New York in June 2010 and her Master of Corporate Governance from the Hong Kong Polytechnic University in September 2019. Ms. So is an associate member of The Hong Kong Chartered Governance Institute.

Full year 2022 earnings released: HK$0.005 loss per share (vs HK$0.014 loss in FY 2021)

Full year 2022 results: HK$0.005 loss per share (up from HK$0.014 loss in FY 2021). Revenue: HK$113.7m (up 10% from FY 2021). Net loss: HK$4.45m (loss narrowed 65% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.

Universe Printshop Holdings Limited to Report Fiscal Year 2022 Results on Jun 22, 2022

Universe Printshop Holdings Limited announced that they will report fiscal year 2022 results on Jun 22, 2022