Announcement • Jun 17
CBK Holdings Limited to Report Fiscal Year 2026 Results on Jun 29, 2026 CBK Holdings Limited announced that they will report fiscal year 2026 results on Jun 29, 2026 Announcement • May 15
CBK Holdings Limited to Report First Half, 2026 Results on May 29, 2026 CBK Holdings Limited announced that they will report first half, 2026 results on May 29, 2026 Announcement • Mar 20
CBK Holdings Limited to Report Fiscal Year 2025 Results on Mar 31, 2026 CBK Holdings Limited announced that they will report fiscal year 2025 results at 4:00 PM, China Standard Time on Mar 31, 2026 Announcement • Jun 18
CBK Holdings Limited to Report Fiscal Year 2025 Results on Jun 30, 2025 CBK Holdings Limited announced that they will report fiscal year 2025 results at 4:00 PM, China Standard Time on Jun 30, 2025 New Risk • Jun 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-HK$15m free cash flow). Share price has been highly volatile over the past 3 months (28% average weekly change). Negative equity (-HK$1.9m). Market cap is less than US$10m (HK$58.2m market cap, or US$7.42m). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Revenue is less than US$5m (HK$27m revenue, or US$3.5m). Announcement • Jan 24
CBK Holdings Limited Announces Board and Committee Changes The board of directors of CBK Holdings Limited announced that Mr. Chow Yik ("Mr. Chow") has tendered his resignation as an executive Director of the Company and ceased to act as the chairman of the Board (the "Chairman"), an authorised representative, the authorised representative for accepting service of process and notices (the "CO Authorised Representative"), the compliance officer, a member of the remuneration committee, and the chairman of each of the nomination committee and the legal compliance committee of the Company, with effect Mr. Chow has confirmed that he has no disagreement with the Board and there is no other matter which need to be brought to the attention of the shareholders of the Company and the Stock Exchange in relation to his resignation. Mr. Tang Chu Ming ("Mr. Tang"), an executive Director of the Company, has been appointed as the Chairman of the Board, an Authorised Representative and the CO Authorised Representative of the Company with effect from 24 January 2025. Following the resignation of Mr. Chow, Mr. Tang has been appointed as the chairman of the Nomination Committee and Mr. Chung Man Lai, an executive Director of the Company has been appointed as the chairman of the Legal Compliance Committee of the Company, with effect from 24 January 2025. Announcement • Dec 30
CBK Holdings Limited Announces Board Changes CBK Holdings Limited announced that Mr. Tian Wuchun (Mr. Tian) has tendered his resignation as an independent non- executive Director, and a member of each of the Audit Committee, the Nomination Committee, the Remuneration Committee and the Legal Compliance Committee of the Company with effect from 30 December 2024 due to other business commitment. Ms. Yin Haiping (Ms. Yin) has been appointed as the independent non-executive Director, and a member of each of the Audit Committee, the Nomination Committee, the Remuneration Committee and the Legal Compliance Committee of the Company with effect from 30 December 2024. Biographical details of Ms. Yin are set out as follows: Ms. Yin, aged 33, has over 5 years of experience in marketing and corporate management. She is currently the legal representative of . She was graduated from Yunnan University. Reference is made to the announcement of the Company dated 30 September 2024 in relation to, among others, following the retirement by rotation of Ms. Lau Man Kei, the then independent non-executive Director, the Company has a single gender board which has been non-compliance with Rule 17.104 of the GEM Listing Rules. As at the date of this announcement, following the appointment of Ms. Yin as an independent non-executive Director, the Board has one Director of another gender. Accordingly, the Company meets the requirement of gender diversity of the Board as set out in Rule 17.104 of the GEM Listing Rules. New Risk • Nov 29
New major risk - Negative shareholders equity The company has negative equity. Total equity: -HK$1.9m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-HK$13m free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Negative equity (-HK$1.9m). Market cap is less than US$10m (HK$44.8m market cap, or US$5.75m). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$27m revenue, or US$3.5m). New Risk • Nov 25
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-HK$13m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Market cap is less than US$10m (HK$31.4m market cap, or US$4.03m). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$25m revenue, or US$3.3m). Announcement • Nov 06
CBK Holdings Limited to Report First Half, 2025 Results on Nov 28, 2024 CBK Holdings Limited announced that they will report first half, 2025 results on Nov 28, 2024 Announcement • Oct 08
CBK Holdings Limited Announces Change of Composition of Board Committees The board of directors of CBK Holdings Limited hereby announced that, with effect from 8 October 2024, Mr. Chung Man Lai has ceased to be a member of each of the Remuneration Committee and the Nomination Committee of the Board. Board Change • Oct 01
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Chairman & Compliance Officer Yik Chow is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Sep 16
CBK Holdings Limited Announces Board and Committee Changes The Board of CBK Holdings Limited announced the following changes with effect from 16 September 2024, Mr. Tsui Wing Tak has tendered his resignation as an executive Director of the Company; Mr. Tang Chu Ming has been appointed as an executive Director of the Company, and a member of each of the Nomination Committee, the Remuneration Committee and the Legal Compliance Committee; Each of Mr. Wong Ching Wan and Mr. Ding Junchen has been appointed as an independent non-executive Director of the Company, and a member of each of the Audit Committee, the Nomination Committee, the Remuneration Committee and the Legal Compliance Committee respectively; and Mr. Tang, aged 36, has over 10 years of experience in finance and management. He obtained an associate degree of Business Management from Shenzhen Polytechnic University (formerly known as Shenzhen Polytechnic College*). After joining the Company, Mr. Tang will be responsible for managing the Company. Mr. Wong, aged 57, has profound experience in audit, internal control, financial control and capital markets. He has acted as director in different listed companies in Hong Kong. Mr. Wong has been an independent non-executive director of Top Standard Corporation, a company listed on the GEM of the Stock Exchange since January 2020. He has been the chief financial officer of Intelligent Living Application Group Inc. since June 2020. He was a director of Network CN Inc., which shares are traded in the USA, from August 2015 to July 2017, and has been its independent director since January 2022. Since June 2022, Mr. Wong has been an independent non-executive director of Prime Intelligence Solutions Group Limited, a company listed on the GEM of the Stock Exchange. Previously, Mr. Wong was an independent non-executive director of Grand Field Group Holdings Limited, a company listed on the Main Board of the Stock Exchange between December 2008 to January 2009. From May 2015 to June 2018, he was an independent non-executive director of Huge China Holdings Limited (currently known as Cocoon Holdings Limited), a company listed on the Main Board of the Stock Exchange. He served as the company secretary and authorized representative of China Oil Gangran Energy Group Holdings Limited (currently known as Century Energy International Holdings Limited), a company listed on the GEM of the Stock Exchange (stock code: 8132) from December 2015 to October 2016 and from December 2015 to January 2017, respectively. From March 2016 to April 2022, he was an independent non-executive director of On Real International Holdings Limited (currently known as Shanyu Group Holdings Company Limited), a company listed on the GEM of the Stock Exchange. Mr. Wong obtained a Bachelor of Business and Administration from the Chinese University of Hong Kong in May 1989 and a Bachelor of Business from The University of Southern Queensland in April 1992. Mr. Wong is a member of CPA Australia since October 1992, Chartered Professional Accountants of Canada since January 1999, the Hong Kong Institute of Certified Public Accountants since March 1999 and fellow member of The Taxation Institute of Hong Kong since October 2012. Mr. Ding, aged 54, has over 10 years' experience in operating and managing catering industry and other industries in Mainland China. Mr. Ding was the general manager of from August 2015 to August 2024 and is currently the deputy chairman and general secretary of from August 2020. Mr. Ding was graduated from Huazhong University of Science and Technology. Following the appointment of Mr. Wong and Mr. Ding, the number of independent non- executive Directors and the number of members of the Audit Committee, Remuneration Committee and Nomination Committee meet the requirements under Rules 5.05 and 5.28 of the GEM Listing Rules and the requirements as stipulated in the terms of reference of the respective committees. Board Change • Sep 07
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Wuchun Tian was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Aug 30
CBK Holdings Limited Appoints Chung Man Lai as Executive Director and Member of Each of the Remuneration Committee and Nomination Committee The board of directors of the CBK Holdings Limited announced that Mr. Chung Man Lai (‘Mr. Chung’), has been appointed as an executive Director of the Company and member of each of the remuneration committee of the Company (the ‘Remuneration Committee’) and nomination committee of the Company (the ‘Nomination Committee’) with effect from 29 August 2024. Mr. Chung Man Lai, aged 48, over 23 years of professional accounting, commercial and financial management experience. Prior to joining of the Group, Mr. Chung worked in a reputable international accounting firm from 2004 to 2007 and was the chief financial officers of CM Energy Tech Co.,Ltd. (formerly known as CMIC Ocean EnTech Holding Co. Ltd. and TSC Group Holdings Limited) and IDT International Limited, both are companies listed on the Main Board of the Stock Exchange, for the period from January 2008 to April 2016 and from April 2016 to December 2016, respectively. He was also a non-executive director of Century Plaza Hotel Group (formerly known as Greatwalle Inc.) from March 2020 to June 2024. He was also an independent non-executive director of Wuxi Life International Holdings Group Limited (formerly known as Aurum Pacific (China) Group Limited) for the period from April to September 2020 and redesignated as an executive director from September 2020 to November 2023. Mr. Chung was appointed as the chief financial officer, company secretary, member of the risk management committee and authorised representative of D&G Technology Holding Company Limited from September 2020 to December 2023. Mr. Chung is currently an independent non-executive director of Century Group International Holdings Limited since December 2019, and an independent non-executive director of Roma Group Limited since March 2020. Mr. Chung obtained a bachelor of arts degree in accountancy from The Hong Kong Polytechnic University in November 1998 and a master of business administration degree with a major in international business from EU Business School in December 2018. Mr. Chung is a fellow member of the Hong Kong Institute of Certified Public Accountants. Announcement • Aug 09
CBK Holdings Limited, Annual General Meeting, Sep 25, 2024 CBK Holdings Limited, Annual General Meeting, Sep 25, 2024, at 13:00 China Standard Time. Location: 21st floor, grand millennium plaza, 183 queen`s road central, sheung wan, Hong Kong Reported Earnings • Jul 27
Full year 2024 earnings released: HK$0.30 loss per share (vs HK$0.85 loss in FY 2023) Full year 2024 results: HK$0.30 loss per share. Revenue: HK$25.4m (down 16% from FY 2023). Net loss: HK$24.6m (loss widened 11% from FY 2023). Announcement • Jul 11
CBK Holdings Limited Announces Board and Committee Changes The board of directors of CBK Holdings Limited announced that Mr. Yue Dinglong has resigned as the chairman of the Board ("Chairman"), an executive Director, and a member of each of the nomination committee ("Nomination Committee"), the remuneration committee (the "Remuneration Committee") and the legal compliance committee (the "Legal Compliance Committee") of the Company, effective 10 July 2024, due to other business commitment; and The Board further announced that Mr. Zhang Yuhao has resigned as an independent non-executive Director, and a member of each of the audit committee (the "Audit Committee"), the Nomination Committee, the Remuneration Committee and the Legal Compliance Committee of the Company, effective 10 July 2024, due to other business commitment. Mr. Chow Yik ("Mr. Chow"), an executive Director, has been appointed as the Chairman, replacing Mr. Yue with effect from 10 July 2024. After the appointment, Mr. Chow will continue to be responsible for managing the Company. Mr. Chow will continue to serve as a member of the Nomination Committee of the Company, and the chairman of each of Remuneration Committee and Legal Compliance Committee of the Company. Reported Earnings • Jun 28
Full year 2024 earnings released: HK$0.30 loss per share (vs HK$0.85 loss in FY 2023) Full year 2024 results: HK$0.30 loss per share. Revenue: HK$25.4m (down 16% from FY 2023). Net loss: HK$24.6m (loss widened 11% from FY 2023). New Risk • May 31
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Shareholders have been substantially diluted in the past year (over 6x increase in shares outstanding). Market cap is less than US$10m (HK$50.4m market cap, or US$6.45m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Revenue is less than US$5m (HK$31m revenue, or US$3.9m). Board Change • May 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Yuhao Zhang was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 20
CBK Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 20.341491 million. CBK Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 20.341491 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 18,661,918
Price\Range: HKD 1.09
Discount Per Security: HKD 0.0327
Transaction Features: Subsequent Direct Listing New Risk • Mar 01
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$67.2m (US$8.58m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (31% average weekly change). Shareholders have been substantially diluted in the past year (over 5x increase in shares outstanding). Market cap is less than US$10m (HK$67.2m market cap, or US$8.58m). Minor Risk Revenue is less than US$5m (HK$31m revenue, or US$3.9m). Announcement • Feb 23
CBK Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 20.341491 million. CBK Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 20.341491 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 18,661,918
Price\Range: HKD 1.09
Discount Per Security: HKD 0.0327
Transaction Features: Subsequent Direct Listing Board Change • Jan 31
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Dinglong Yue was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Jan 24
Cbk Holdings Limited Appoints Mr. Zheng Haoze as Executive Director The boardof directors of CBK Holdings Limited announced that Mr. Zheng Haoze has been appointed as an executive Director of the Company with effect from 23 January 2024. Mr. Zheng, aged 29, boasts over nine years of experience in corporate management. Currently he is the deputy director of Jiangsu Huangpu Recycling Resource Utilization Co, Limited. He holds a bachelor's degree in Enginering management from College of Science and Technology Ningbo University. After joining the Company, Mr. Zheng will responsible for managing the Company. Mr. Zheng will enter into a letter of appointment with the Company which may be terminated by either party giving to the other not less than one-month prior notice in writing. His directorship shall be subject to retirement by rotation and re-election pursuant to the Articles of Association of the Company . He will hold office until the first annual general meeting of the Company at which he will subject to re-election in accordance with the Articles. Announcement • Jan 02
CBK Holdings Limited Announces Board Changes The board of director of CBK Holdings Limited announced that Mr. Chan Kwan Yung has tendered his resignation as an independent non-executive Director of the Company, the chairman of the nomination committee and a member of each of the audit committee, the remuneration committee, and the legal compliance committee of the Company with effect from 2 January 2024 due to devote more time to his personal commitments. Mr. Chow Yik, the existing executive director of the Company, will act as the chairman of nomination committee of the Company after the resignation of Mr. Chan with effective from 2 January 2024. Announcement • Dec 01
CBK Holdings Limited Announces Board Changes The board ("Board") of directors ("Directors") of CBK Holdings Limited announced the following appointments of the Directors with effect from 1 December 2023: Mr. He Zhiwei has been appointed as an executive Director of the Company; and Mr. Yue Dinglong (formerly known as Yue Yalong) has been appointed as an independent non-executive Director of the Company, and a member of each of the audit committee, the nomination committee, the remuneration committee and the legal compliance committee of the Company, with effect from 1 December 2023. The biographical details of Mr. He and Mr. Yue are set out below: Mr. He Zhiwei, aged 30, boasts over six years of experience in corporate management. Currently he is the legal representative of Heifei Ke Wei Sports Development Limited. After joining the Company, Mr. He will responsible for managing the Company. Yue Dinglong (formerly known as Yue Yalong) ("Mr. Yue"), aged 40, has over thirteen years of experience in marketing, finance and investment. Currently serving as the marketing executive of Securities Business Department at Guoyuan Securities Limited since 2008. Mr. Yue holds a bachelor's degree of business management from Xi'an Jiaotong University. Board Change • Dec 01
High number of new directors Independent Non-Executive Director Yuhao Zhang was the last director to join the board, commencing their role in 2023. Reported Earnings • Nov 14
Second quarter 2024 earnings released: HK$0.001 loss per share (vs HK$0.46 loss in 2Q 2023) Second quarter 2024 results: HK$0.001 loss per share (improved from HK$0.46 loss in 2Q 2023). Revenue: HK$6.00m (down 15% from 2Q 2023). Net loss: HK$5.11m (loss narrowed 22% from 2Q 2023). Announcement • Nov 08
CBK Holdings Limited Announces Management Changes CBK Holdings Limited announced that Mr. Zhang Yuhao ("Mr. Zhang") has been appointed as an independent non-executive Director of the Company, the audit committee and a member of each of the nomination committee, the remuneration committee and the legal compliance committee of the Company, with effect from 6 November 2023. Zhang Yuhao, aged 30, boasts over four years of experience in finance and investment. Currently serving as the General Manager of the Initial Public Offer Center at Profitech Financial Holdings Limited since 2021, he oversees responsibilities encompassing investment, financing, reorganization, and acquisitions. The Board hereby announces that Mr. Chong Alex Tin Yam ("Mr. Chong") has tendered his resignation as an independent non-executive Director of the Company, the chairman of the Audit Committee and a member of each of the Nomination Committee, the Remuneration Committee, and the Legal Compliance Committee of the Company with effect from 6 November 2023 due to other business commitments. Ms. Lau Man Kei, the existing independent non-executive director of the Company, will act as the chairman of Audit Committee after the change of Directors becomes effective from 6 November 2023. Announcement • Oct 28
CBK Holdings Limited to Report Q2, 2024 Results on Nov 13, 2023 CBK Holdings Limited announced that they will report Q2, 2024 results on Nov 13, 2023 New Risk • Oct 13
New minor risk - Negative shareholders equity The company has negative equity. Total equity: -HK$2.3m This is considered a minor risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. It should be noted that some of the negative equity could be due to large buybacks of stock, which is not as much of a risk as a company with overwhelming debt, but likewise is not sustainable in the long-term. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-HK$6.4m free cash flow). Shareholders have been substantially diluted in the past year (over 5x increase in shares outstanding). Market cap is less than US$10m (HK$33.1m market cap, or US$4.23m). Minor Risks Negative equity (-HK$2.3m). Share price has been volatile over the past 3 months (14% average weekly change). Revenue is less than US$5m (HK$32m revenue, or US$4.1m). Announcement • Jul 01
CBK Holdings Limited, Annual General Meeting, Sep 08, 2023 CBK Holdings Limited, Annual General Meeting, Sep 08, 2023. Agenda: To consider amendment to the existing amended and restated memorandum and articles of association of the Company. New Risk • Jun 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 6x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-HK$30m free cash flow). Share price has been highly volatile over the past 3 months (23% average weekly change). Shareholders have been substantially diluted in the past year (over 6x increase in shares outstanding). Market cap is less than US$10m (HK$43.4m market cap, or US$5.55m). Minor Risk Revenue is less than US$5m (HK$27m revenue, or US$3.5m). Announcement • Jun 14
CBK Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 20.605869 million. CBK Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 20.605869 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 20,059,578
Price\Range: HKD 0.265
Discount Per Security: HKD 0.009275
Security Name: Shares
Security Type: Common Stock
Securities Offered: 57,698,417
Price\Range: HKD 0.265
Discount Per Security: HKD 0.009275
Transaction Features: Rights Offering Announcement • May 31
CBK Holdings Limited to Report Fiscal Year 2023 Results on Jun 29, 2023 CBK Holdings Limited announced that they will report fiscal year 2023 results on Jun 29, 2023 Announcement • Feb 17
CBK Holdings Limited Announces Board and Committee Changes The board of directors of CBK Holdings Limited announced that Ms. Lau Man Kei ("Ms. Lau") has been appointed as an independent non-executive Director of the Company, the chairman of the remuneration committee (the Remuneration Committee) and a member of each of the audit committee (the " Audit Committee "), the nomination committee (the " Nomination Committee ") and the legal compliance committee (the "Legal Compliance Committee") of the Company, with effect from 16 February 2023 (the "Appointments"). The biographical details of Ms. Lau are set out below: Ms. Lau, aged 34, possesses over 11 years of accounting and audit experiences in Hong Kong. Currently, she is a director of CAN (HK) CPA Limited. From December 2016 to August 2020, she was the assistant financial controller of Kirin Group Holdings Limited, a company listed on theGEM of the Stock Exchange (stock code: 8109). From March 2011 to November 2016, she was senior auditor of SHINEWING (HK) CPA Limited. Ms. Lau is a qualified member of both The Hong Kong Institute of Certified Public Accountants and The Institute of Chartered Accountants in England and Wales. She obtained a Bachelor of Arts in Accounting from Edinburgh Napier University. Ms. Lau has entered into an appointment letter with the Company for a term of one year commencing from 16 February 2023 provided that at any time during the term of appointment, either party may terminate the appointment by giving to the other not less than one month's prior notice in writing. Following the appointment of Ms. Lau, the number of independent non-executive Director and the number of members of the Audit Committee, Remuneration Committee and Nomination Committee meet the requirements under Rules 5.05 and 5.28 of the GEM Listing Rules and the requirements as stipulated in the terms of reference of the respective committees. Announcement • Feb 09
CBK Holdings Limited Provides Consolidated Earnings Guidance for the Nine Months Ended 31 December 2022 CBK Holdings Limited provides consolidated earnings guidance for the nine months ended 31 December 2022. The group is expected to record an increase in loss from continuing operation attributable to owners of the company for the Current Financial Period by approximately HKD 2.0 million, as compared to a loss from continuing operation attributable to owners of the Company of approximately HKD 15.0 million for the corresponding period in last year. Announcement • Jan 14
CBK Holdings Limited to Report Nine Months, 2023 Results on Feb 13, 2023 CBK Holdings Limited announced that they will report nine months, 2023 results on Feb 13, 2023 Announcement • Jan 04
Cbk Holdings Limited Announces resignation of Mr. Chan Lap Ping as Executive Director The board of directors of the CBK Holdings Limited announces that Mr. Chan Lap Ping, ("Mr. Chan") has tendered his resignation as executive director of theCompany with effect from 3 January 2023 due to devote more time to the Company's subsidiaries' catering service business. In accordance with rule 17.50(2) of the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited (the "GEM Listing Rules"), Mr. Chan confirmed that he has no disagreement with the Board and there is nothing relating to his resignation that needs to be brought to the attention to the shareholders of the Company.The Board would like to take this opportunity to express its gratitude Mr. Chan for his contributions to the Company during his tenure of office. Announcement • Dec 21
Cbk Holdings Limited Announces Resignation of Ho Oi Kwan as Executive Director The board (the "Board") of directors (the "Director(s)") of the company hereby announced that Ms. Ho Oi Kwan, ("Ms. Ho") has tendered her resignation as executive director of the Company with effect from 20 December 2022 due to her other business commitments. In accordance with rule 17.50(2) of the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited (the "GEM Listing Rules"), Ms. Ho confirmed that shehas no disagreement with the Board and there is nothing relating to her resignation that needs to be brought to the attention to the shareholders of the Company. The Board would like to take this opportunity to express its gratitude Ms. Ho for her contributions to the Company during her tenure of office. Announcement • Nov 18
CBK Holdings Limited Announces Director Changes CBK Holdings Limited announced that Ms. Wong Syndia D, has tendered her resignation as independent non-executive director, the chairman of the remuneration committee, a member of audit committee, nomination committee and legal compliance committee of the Company with effect from 17 November 2022 due to her health issue. Following Ms. Wong has ceased to be the chairman of the remuneration committee of the Company ("Remuneration Committee"), Mr. Chan Kwan Yung, the independent non-executive director of the Company has been appointed as chairman of the Remuneration Committee with effect from 17 November 2022. Following the resignation of Ms. Wong, the Company fails to meet the requirements of (i) having at least three independent non-executive Directors on the Board and (ii) the members of the audit committee of the Company are not less than three under 5.05(1) and 5.28 of the GEM Listing Rules, the Company will make its best endeavor to identify suitable candidate(s) to fill the casual vacancies on the Board for the position of independent non-executive Director as soon as possible pursuant to the GEM Listing Rules. Further announcement(s) will be made by the Company as and when appropriate. Board Change • Nov 16
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (4 non-independent directors). Executive Director Lap Ping Chan is the most experienced director on the board, commencing their role in 2016. Independent Non-Executive Director Kwan Yung Chan was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Oct 21
CBK Holdings Limited to Report First Half, 2023 Results on Nov 11, 2022 CBK Holdings Limited announced that they will report first half, 2023 results on Nov 11, 2022 Reported Earnings • Aug 12
First quarter 2023 earnings released: HK$0.013 loss per share (vs HK$0.33 loss in 1Q 2022) First quarter 2023 results: HK$0.013 loss per share. Revenue: HK$5.88m (down 91% from 1Q 2022). Net loss: HK$5.19m (loss widened 227% from 1Q 2022). Announcement • Aug 02
CBK Holdings Limited Provides Earnings Guidance for the Three Months Ended June 30, 2022 CBK Holdings Limited provided earnings guidance for the three months ended June 30, 2022. For the period, the company expects to record an increase in loss attributable to owners of the Company for the Current Financial Period by approximately HKD 3.6 million, as compared to aloss attributable to owners of the Company of approximately HKD 1.6 million for the corresponding period in last year. To the best knowledge of the Directors, this was mainly attributable to no profit recognized from discontinued operations attributable to owners of the Company of approximately HKD 1.1 million recognized in Current Financial Period due to deconsolidation of manufacture and sales of frozen aquatic products industry in last financial year; the decrease in revenue from continuing operations by approximately HKD 1.3 million due to decrease in eating outside and consumption intention causing by the restriction on operation of restaurants by the Hong Kong Government after the outbreak of the fifth wave of Novel Coronvairus disease; and the increase in operating costs from continuing operations by approximately HKD 1.2 million due to provision of catering service and new restaurant commenced its operation since the first quarter of 2022. Announcement • Jul 28
CBK Holdings Limited to Report Q1, 2023 Results on Aug 10, 2022 CBK Holdings Limited announced that they will report Q1, 2023 results on Aug 10, 2022 Announcement • Jul 16
CBK Holdings Limited, Annual General Meeting, Sep 02, 2022 CBK Holdings Limited, Annual General Meeting, Sep 02, 2022, at 10:00 China Standard Time. Location: 21st Floor, Grand Millennium Plaza, 181 Queen's Road Central Sheng Wan Hong Kong Agenda: To consider and approve the audited financial statements of the company and the reports of the directors and auditors of the company for the year ended 31 March 2022; to consider re-elect retiring directors of the company; to consider authorise the board of directors of the company to fix the Directors' remuneration; to consider re-appoint Mazars CPA Limited as auditors of the company and to authorise the Board to fix the auditors' remuneration for the ensuing year; and to consider other matters. Reported Earnings • Jun 28
Full year 2022 earnings released: HK$0.018 loss per share (vs HK$0.08 loss in FY 2021) Full year 2022 results: HK$0.018 loss per share (up from HK$0.08 loss in FY 2021). Revenue: HK$27.3m (up 116% from FY 2021). Net loss: HK$4.93m (loss narrowed 51% from FY 2021). Announcement • Jun 21
CBK Holdings Limited Provides Consolidated Earnings Guidance for the Year Ended 31 March 2022 CBK Holdings Limited provided consolidated earnings guidance for the year ended 31 March 2022. For the period, the company expected to record an increase in consolidated loss for fiscal year 2022 of not more than approximately HKD 60.0 million, as compared to audited consolidated net loss of approximately HKD 10.3 million for the corresponding period in last financial year. Announcement • Jun 18
CBK Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 2.954424 million. CBK Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 2.954424 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 77,748,000
Price\Range: HKD 0.038
Discount Per Security: HKD 0.00114
Transaction Features: Subsequent Direct Listing Announcement • Jun 09
CBK Holdings Limited to Report Fiscal Year 2022 Final Results on Jun 24, 2022 CBK Holdings Limited announced that they will report fiscal year 2022 final results on Jun 24, 2022 Board Change • Apr 27
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (4 non-independent directors). Executive Director Lap Ping Chan is the most experienced director on the board, commencing their role in 2016. Independent Non-Executive Director Kwan Yung Chan was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: HK$0 (up from HK$0.024 loss in 3Q 2021). Revenue: HK$6.99m (up 69% from 3Q 2021). Net loss: HK$7.44m (loss widened 161% from 3Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst estimates. Announcement • Feb 08
CBK Holdings Limited Provides Earnings Guidance for the Nine Months Ended 31 December 2021 CBK Holdings Limited provided earnings guidance for the nine months ended 31 December 2021. For the period, the Group expected to record an increase in loss attributable to owners of the Company by approximately HKD 22.5million, as compared to a loss attributable to owners of the Company of approximately HKD 4.2 million for last corresponding period ended 31 December 2020. Announcement • Jan 07
CBK Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 3.456 million. CBK Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 3.456 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 28,800,000
Price\Range: HKD 0.12
Discount Per Security: HKD 0.0024
Transaction Features: Subsequent Direct Listing Board Change • Nov 23
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non Executive Director Alex Chong was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Nov 15
Second quarter 2022 earnings released: HK$0.001 loss per share (vs HK$0.006 profit in 2Q 2021) The company reported a decent second quarter result with improved revenues, although earnings and control over costs were weaker. Second quarter 2022 results: Revenue: HK$136.1m (up HK$134.6m from 2Q 2021). Net loss: HK$20.4m (down HK$21.0m from profit in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 15
First quarter 2022 earnings released: HK$0.001 loss per share (vs HK$0.02 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: HK$64.2m (up HK$62.1m from 1Q 2021). Net loss: HK$1.59m (loss narrowed 33% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 50% per year, which means it is performing significantly worse than earnings. Board Change • Aug 05
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director D. Syndia Wong was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Executive Departure • Aug 05
Independent Non-Executive Director Yui Lun Law has left the company On the 30th of July, Yui Lun Law's tenure as Independent Non-Executive Director ended after 4.8 years in the role. We don't have any record of a personal shareholding under Yui Lun's name. A total of 6 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Aug 04
Independent Non-Executive Director Jun Bo Lu has left the company On the 27th of July, Jun Bo Lu's tenure as Independent Non-Executive Director ended after 1.3 years in the role. We don't have any record of a personal shareholding under Jun Bo's name. A total of 5 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • Jun 12
Full year 2021 earnings released: HK$0.008 loss per share (vs HK$0.027 loss in FY 2020) The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2021 results: Revenue: HK$12.6m (down 71% from FY 2020). Net loss: HK$9.94m (loss narrowed 70% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has fallen by 54% per year, which means it is performing significantly worse than earnings. Reported Earnings • Feb 10
Third quarter 2021 earnings released The company reported a soft third quarter result with weaker revenues and control over costs, although losses reduced. Third quarter 2021 results: Revenue: HK$4.15m (down 59% from 3Q 2020). Net loss: HK$2.85m (loss narrowed 39% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has fallen by 54% per year, which means it is performing significantly worse than earnings. Announcement • Jan 28
CBK Holdings Limited to Report Nine Months, 2021 Results on Feb 08, 2021 CBK Holdings Limited announced that they will report nine months, 2021 results on Feb 08, 2021 Announcement • Jan 12
CBK Holdings Limited Announces Directorate Changes CBK Holdings Limited announced that Mr. Chung Wing Yin has tendered his resignation as an independent non- executive Director of the company and ceased to act as the chairman of the Remuneration Committee and a member of each of the Audit Committee, the Nomination Committee and the Legal Compliance of the Company, with effect from 8 January 2021 in order to devote more time to his other business commitments. Following the resignation of Mr. Chung, Ms. Wong Syndia D, an independent non-executive Director, has been appointed as the chairman of the Remuneration Committee and a member of each of the Audit Committee, Nomination Committee and the Legal Compliance Committee of the Company, with effect from 8 January 2021. Announcement • Dec 20
CBK Holdings Limited Announces Board Changes The board of directors of CBK Holdings Limited announced that Ms. Wong Wai Fong has tendered her resignation as an executive Director of the Company and ceased to act as the chairlady of the Legal Compliance Committee and a member of each of the Remuneration Committee and Nomination Committee of the Company, with effect from 18 December 2020 in order to devote more time to her personal commitments. The Board announced that Mr. Wu Jing Xie has tendered his resignation as the non-executive Director of the Company, with effect from 18 December 2020 in order to devote more time to his personal commitments. The Board announced that Ms. Wong Syndia D has been appointed as an independent non-executive Director of the Company with effect from 18 December 2020. She has over 10 years of experience in corporate finance. Ms. Syndia Wong is currently an investor relations manager of Silver Base Group Holdings Limited (stock code: 886), which the issued shares are listed on Main Board of the Stock Exchange. Mr. Chow Yik has been appointed as the Compliance Of icer, an Authorised Representative, the CR Authorised Representative, the chairman of the Legal Compliance Commit ee and a member of each of the Remuneration Committee and Nomination Committee of the Company, with effect from 18 December 2020. Announcement • Dec 13
Cbk Holdings Limited Announces Executive Changes CBK Holdings Limited announced Mr. Chow Yik and Mr. Tsui Wing Tak have been appointed as executive Directors of the Company with effect from 11 December 2020, Mr. Chow Yik has been appointed as the Chairman of the Board and Ms. Wong Wai Fong has ceased as the Chairman of the Board with effect from 11 December 2020. Is New 90 Day High Low • Dec 03
New 90-day high: HK$0.22 The company is up 23% from its price of HK$0.18 on 04 September 2020. The Hong Kong market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is down 1.0% over the same period. Announcement • Nov 28
CBK Holdings Limited Proposes Zhang Chi, Be Removed as an Executive Director CBK Holdings Limited at its extraordinary general meeting to be held on 16 December 2020 proposed Zhang Chi, be removed as an executive Director of the Company. Reported Earnings • Nov 15
Second quarter 2021 earnings released: EPS HK$0.001 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: HK$1.48m (down 88% from 2Q 2020). Net income: HK$670.0k (up HK$4.54m from 2Q 2020). Profit margin: 45% (up from net loss in 2Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Nov 04
CBK Holdings Limited to Report First Half, 2021 Results on Nov 13, 2020 CBK Holdings Limited announced that they will report first half, 2021 results on Nov 13, 2020 Announcement • Aug 06
CBK Holdings Limited to Report Q1, 2021 Results on Aug 14, 2020 CBK Holdings Limited announced that they will report Q1, 2021 results on Aug 14, 2020 