Announcement • May 22
MOG Digitech Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 44.598469 million. MOG Digitech Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 44.598469 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 686,130,289
Price\Range: HKD 0.065
Transaction Features: Rights Offering Announcement • Apr 25
MOG Digitech Holdings Limited, Annual General Meeting, Jun 26, 2026 MOG Digitech Holdings Limited, Annual General Meeting, Jun 26, 2026, at 11:00 China Standard Time. Location: room 2, 14/f, fairmont house, 8 cotton tree drive, central, Hong Kong New Risk • Apr 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 51% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$300.5m market cap, or US$38.4m). Reported Earnings • Apr 03
Full year 2025 earnings released: CN¥0.07 loss per share (vs CN¥0.18 loss in FY 2024) Full year 2025 results: CN¥0.07 loss per share (improved from CN¥0.18 loss in FY 2024). Revenue: CN¥839.4m (down 33% from FY 2024). Net loss: CN¥89.0m (loss narrowed 38% from FY 2024). Announcement • Mar 19
MOG Digitech Holdings Limited to Report Fiscal Year 2025 Results on Mar 31, 2026 MOG Digitech Holdings Limited announced that they will report fiscal year 2025 results on Mar 31, 2026 Announcement • Jan 20
Mog Digitech Holdings Limited Announces Resignation of Executive Director Ms. Tang Tsz Yuet, Effective January 20, 2026 MOG Digitech Holdings Limited announced that Ms. Tang Tsz Yuet has tendered her resignation as an executive Director of the Company with effect from January 20, 2026 as she would like to dedicate more time to her other commitments. Ms. Tang will remain as the directors of certain subsidiaries of the Company. Ms. Tang has confirmed that she has no disagreement with the Board and there were no matter relating to her resignation that need to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited. Reported Earnings • Sep 02
First half 2025 earnings released: EPS: CN¥0.002 (vs CN¥0.002 in 1H 2024) First half 2025 results: EPS: CN¥0.002 (in line with 1H 2024). Revenue: CN¥512.2m (down 17% from 1H 2024). Net income: CN¥1.89m (up 41% from 1H 2024). Profit margin: 0.4% (up from 0.2% in 1H 2024). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has fallen by 45% per year, which means it is performing significantly worse than earnings. Announcement • Aug 18
MOG Digitech Holdings Limited to Report First Half, 2025 Results on Aug 29, 2025 MOG Digitech Holdings Limited announced that they will report first half, 2025 results on Aug 29, 2025 Announcement • Jul 23
MOG Digitech Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 108.63725 million. MOG Digitech Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 108.63725 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 228,710,000
Price\Range: HKD 0.475
Discount Per Security: HKD 0.00475
Transaction Features: Subsequent Direct Listing Announcement • Jul 03
MOG Digitech Holdings Limited Announces Nomination Committee Changes, Effective from 30 June 2025 MOG Digitech Holdings Limited announced that Ms. Chen Wen, an independent non-executive Director, has been appointed as a member of the nomination committee of the Company and Mr. Yau Tung Shing, an independent non-executive Director, has ceased to be a member of the Nomination Committee, with effect from 30 June 2025. Announcement • Apr 25
MOG Digitech Holdings Limited, Annual General Meeting, Jun 27, 2025 MOG Digitech Holdings Limited, Annual General Meeting, Jun 27, 2025, at 11:00 China Standard Time. Location: room 2, 14/f, fairmont house, 8 cotton tree drive, central, Hong Kong New Risk • Apr 12
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 15% 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 Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 73% per year over the past 5 years. Shareholders have been substantially diluted in the past year (47% increase in shares outstanding). Minor Risk Market cap is less than US$100m (HK$434.5m market cap, or US$56.0m). Reported Earnings • Apr 02
Full year 2024 earnings released: CN¥0.18 loss per share (vs CN¥0.12 loss in FY 2023) Full year 2024 results: CN¥0.18 loss per share (further deteriorated from CN¥0.12 loss in FY 2023). Revenue: CN¥1.25b (down 12% from FY 2023). Net loss: CN¥143.2m (loss widened 90% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings. New Risk • Mar 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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 Earnings have declined by 78% per year over the past 5 years. Shareholders have been substantially diluted in the past year (47% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (HK$440.3m market cap, or US$56.6m). Announcement • Mar 20
MOG Digitech Holdings Limited to Report Fiscal Year 2024 Final Results on Mar 31, 2025 MOG Digitech Holdings Limited announced that they will report fiscal year 2024 final results on Mar 31, 2025 New Risk • Mar 10
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$674.7m (US$86.9m) This is considered a minor 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 Earnings have declined by 78% per year over the past 5 years. Shareholders have been substantially diluted in the past year (47% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (HK$674.7m market cap, or US$86.9m). New Risk • Feb 15
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 47% 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 Earnings have declined by 78% per year over the past 5 years. Shareholders have been substantially diluted in the past year (47% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (9.9% average weekly change). Announcement • Feb 14
MOG Digitech Holdings Limited Announces Appointment of Mo Mingdong as Executive Director MOG Digitech Holdings Limited announced that Mr. Mo Mingdong ("Mr. Mo") has been appointed as an executive Director with effect from 14 February 2025. Mr. Mo, aged 37, obtained a Bachelor of Commerce (Marketing) from the University of Sydney in December 2010. Mr. Mo has extensive experience in corporate management. Prior to joining the Group, Mr. Mo held several key positions, including (i) general manager of the securities sales
department of Jiangmen Taishan Huanbei Avenue at Everbright Securities Company Limited from June 2016 to December 2018; (ii) general manager of the securities sales and innovation business department of Jiangmen Xinhui
Gangzhou Avenue at Everbright Securities Company Limited from December 2018 to May 2020; and (iii) president of Shenzhen Tengyue Investment Management Co. Ltd. from May 2020 to February 2024. Since February 2024, Mr. Mo has been serving as the chairman of Lefeng (Hainan) Private Equity Fund Management Co. Ltd. Additionally, Mr. Mo has served as a visiting professor at the MBA Center of Shanghai International Studies University International Business School. New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 44% 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 Earnings have declined by 78% per year over the past 5 years. Shareholders have been substantially diluted in the past year (44% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Announcement • Dec 12
MOG Digitech Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 210 million. MOG Digitech Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 210 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 212,121,212
Price\Range: HKD 0.99
Transaction Features: Subsequent Direct Listing New Risk • Nov 07
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 Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 78% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (44% increase in shares outstanding). New Risk • Sep 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.1% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 78% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$535.6m market cap, or US$68.7m). Announcement • Aug 20
MOG Digitech Holdings Limited to Report First Half, 2024 Results on Aug 30, 2024 MOG Digitech Holdings Limited announced that they will report first half, 2024 results on Aug 30, 2024 New Risk • Jul 19
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 15% 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 Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 77% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$776.2m market cap, or US$99.4m). Announcement • Jul 13
MOG Digitech Holdings Limited Announces Appointment of Chen Yongzhong as Co-Chief Executive Officer MOG Digitech Holdings Limited announced that Mr. Chen Yongzhong("Mr. Chen") has been appointed as Co-CEO with effect from 12 July 2024. Mr. Chen, aged 55, obtained a bachelor's degree in law from Zhejiang University in 2009. His professional background includes substantial experience in the management of insurance-related enterprises. Prior to joining the Group, Mr. Chen held the position of general manager at AnBang Property and Casualty Insurance Co. Ltd. from 2016 to 2019. Additionally, Mr. Chen has been serving as (i) a director of Lubao Technology (Guangdong) Co. Ltd. since 2019 and (ii) a director of Zhongbao Technology Creation (Zhuhai) Company Limited ("Zhongbao Tech"), since 2021. Both entities are engaged in providing services to insurance companies, insurance intermediaries, and other participants in the insurance industry in China. Furthermore, Mr. Chen also holds approximately 27.8% shareholding in Zhongbao Tech. In addition to the aforementioned, Mr. Chen has also held the position of sole director at Zhongbao Digitech (Overseas) Limited, since June 2024. In addition to the aforementioned, Mr. Chen has also held the position of sole director at Zhongbao Digitech (Overseas) Limited, since June 2024. Announcement • Jul 12
MOG Digitech Holdings Limited Appoints Chen Yongzhong as Executive Director MOG Digitech Holdings Limited announced that Mr. Chen Yongzhong("Mr. Chen") has been appointed as an executive Director and Co-CEO with effect from 12 July 2024. Mr. Chen, aged 55, obtained a bachelor's degree in law from Zhejiang University in 2009. His professional background includes substantial experience in the management of insurance-relatedenterprises. Prior to joining the Group, Mr. Chen held the position of general manager at AnBang Property and Casualty Insurance Co. Ltd. from 2016 to 2019. Additionally, Mr. Chen has been serving as (i) a director of Lubao Technology (Guangdong) Co. Ltd. since 2019 and (ii) a director of Zhongbao Technology Creation (Zhuhai) Company Limited ("Zhongbao Tech"), since 2021. Both entities are engaged in providing services to insurance companies, insurance intermediaries, and other participants in the insurance industry in China. Furthermore, Mr. Chen also holds approximately 27.8% shareholding in Zhongbao Tech. In addition to the aforementioned, Mr. Chen has also held the position of sole director at Zhongbao Digitech (Overseas) Limited, since June 2024. In addition to the aforementioned, Mr. Chen has also held the position of sole director at Zhongbao Digitech (Overseas) Limited, since June 2024. Announcement • May 31
MOG Digitech Holdings Limited Announces Change of Chairman of Audit Committee The board (the Board) of directors (the Directors) of MOG Digitech Holdings Limited (the Company) announced that Mr. Gao Hongxiang (Mr. Gao), an independent non-executive Director, has been appointed as the chairman of the audit committee of the Board (the Audit Committee) with effect from 31 May 2024. Following the appointment of Mr. Gao, Mr. Yau Tung Shing (Mr.Yau), an independent non-executive Director, has ceased to be the chairman of the Audit Committee. Mr. Yau will continue to serve as a member of the Audit Committee, the remuneration committee of the Board and the nomination committee of the Board. Mr. Yau has confirmed that he has no disagreement with the Board and there is no other matter relating to his cessation as the chairman of the Audit Committee that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited. Announcement • May 25
MOG Digitech Holdings Limited (SEHK:1942) entered into agreement to acquire Sky Trend Real Estates Limited from Zhao Lixa for HKD 70 million. MOG Digitech Holdings Limited (SEHK:1942) entered into agreement to acquire Sky Trend Real Estates Limited from Zhao Lixa for HKD 70 million on May 23, 2024. As part of the agreement, MOG Digitech will acquire the entire issued share capital of Sky Trend. The Consideration payable by MOG Digitech for the sale and purchase of the Sale Share and the assignment of the Shareholders’ Loan shall be HKD 70 million. As of April 30, 2024, Sky Trend reported a total assets of approximately HKD 120 million and net asset of HKD 7.8 million. The transaction is subject and conditional upon due and complete fulfilment all authorizations, consents, sanctions and approvals of all governmental or regulatory authorities, courts, agencies or bodies and is expected to close after signing of the agreement. Buy Or Sell Opportunity • May 02
Now 45% overvalued Over the last 90 days, the stock has fallen 7.0% to HK$1.33. The fair value is estimated to be HK$0.92, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 93% over the last 3 years. Meanwhile, the company became loss making. Announcement • Apr 28
MOG Digitech Holdings Limited, Annual General Meeting, Jun 27, 2024 MOG Digitech Holdings Limited, Annual General Meeting, Jun 27, 2024, at 11:00 China Standard Time. Location: Room 2, 14/F, Fairmont House, 8 Cotton Tree Drive, Central Hong Kong Agenda: To receive and consider the audited consolidated financial statements and the reports of the directors and independent auditor of the Company for the year ended 31 December 2023; to re-elect Ms. Tang Tsz Yuet as an executive Director; to re-elect Mr. Zhou Yue as an executive Director; to re-elect Mr. Gao Hongxiang as an independent non-executive Director; to authorise the board of Directors to fix the directors' remuneration; to re-appoint Elite Partners CPA Limited, Certified Public Accountants as the Company's auditor and to authorise the Board to fix their remuneration; to grant an unconditional general mandate to the Directors to allot, issue and deal with additional shares of the Company; and to consider other matters. New Risk • Apr 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 77% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$737.4m market cap, or US$94.2m). Reported Earnings • Mar 28
Full year 2023 earnings released: CN¥0.12 loss per share (vs CN¥0.069 loss in FY 2022) Full year 2023 results: CN¥0.12 loss per share (further deteriorated from CN¥0.069 loss in FY 2022). Revenue: CN¥1.42b (up 94% from FY 2022). Net loss: CN¥75.6m (loss widened 103% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance. Announcement • Mar 18
MOG Digitech Holdings Limited(SEHK:1942) dropped from FTSE All-World Index (USD) MOG Digitech Holdings Limited(SEHK:1942) dropped from FTSE All-World Index (USD) Announcement • Mar 16
MOG Digitech Holdings Limited to Report Fiscal Year 2023 Results on Mar 27, 2024 MOG Digitech Holdings Limited announced that they will report fiscal year 2023 results on Mar 27, 2024 New Risk • Feb 23
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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: Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (20% increase in shares outstanding). Announcement • Feb 14
MOG Digitech Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 147.47788 million. MOG Digitech Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 147.47788 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 129,366,561
Price\Range: HKD 1.14
Discount Per Security: HKD 0.0114
Transaction Features: Subsequent Direct Listing Announcement • Jan 26
MOG Digitech Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 147.47788 million. MOG Digitech Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 147.47788 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 129,366,561
Price\Range: HKD 1.14
Discount Per Security: HKD 0.0114
Transaction Features: Subsequent Direct Listing Board Change • Oct 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Non-Executive Director Jill Jiao 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 15
MOG Digitech Holdings Limited Announces Board Changes The board of directors of MOG Digitech Holdings Limited announced that Mr. Gao Hongxiang (Mr. Gao) has been appointed as an independent non-executive director, with effect from 13 September 2023. Mr. Gao aged 54, has over 30 years of experience in auditing, accounting and financial management of foreign, private and listed companies. Mr. Gao obtained a bachelor's degree in auditing from Shanghai University of Finance and Economics in 1992 and is a member of the Chinese Institute of Certified Public Accountants. Prior to joining the Group, Mr. Gao was (i) the internal audit specialist of Shanghai SC Johnson Co. Ltd.; (ii) the accountant and finance manager of Huitong Lianyu Co. Ltd.; (iii) the finance director of Tailing Pharmaceutical (China) Co. Ltd.; (iv) the finance director of BreadTalk (China); (v) the finance director of Jinmeng Suzhehui Group; and (vi) general manager of Shanghai Dipusi Biotechnology Co. Ltd. The board also announced that with effect from 13 September 2023, Mr. Chu Hoi Kan (Mr. Chu) tendered his resignation as an independent non-executive director as he wishes to devote more time to his other commitments. Simultaneously upon the resignation of Mr. Chu, Mr. Chu will also cease to be the chairman of the remuneration committee of the company and member of each of the nomination committee and audit committee of the company. In place of Mr. Chu, Mr. Gao has been appointed as chairman of the remuneration committee of the company and a member of each of the nomination committee and the audit committee of the company. Announcement • Jul 27
MOG Digitech Holdings Limited Provides Earnings Guidance for the Six Months Ended 30 June 2023 MOG Digitech Holdings Limited provided earnings guidance for the six months ended 30 June 2023. For the period, the Group expects to record a revenue, gross profit and profit before taxation of approximately RMB 876.3 million, RMB 256.4 million and RMB64.3 million, respectively, for the Interim Period 2023, representing a significant increaseof approximately 177.1% and 196.7% and a significant turnaround of approximately RMB 120.6 million (six months ended 30 September 2022: loss of approximately RMB 56.3 million), respectively, as compared to the same for the six months ended 30 September 2022. Such significant growth was driven by (i) a significant increase in revenue generated from the Group's digital supply chain financial services due to the increasing demand for financial support from customers to improve working capital efficiency during the post-COVID period; (ii) the contributions from new cooperations conducted by the Group in the areas of digital payment and solutions during the Interim Period 2023; and (iii) a significant increase in revenue generated from the digital retail payment solutions trading business due to the resumption of orders and productions that were initially impacted by the outbreak of COVID-19. Announcement • May 06
MOG Digitech Holdings Limited Announces Executive Changes The board of directors of MOG Digitech Holdings Limited announced that Dato' Ng Kwang Hua has tendered his resignation as the chairman of the Board, with effect from 5 May 2023, in order to devote more time to pursue his other business commitments. Following the resignation of Dato' Ng as the Chairman, Mr. Deng Zhihua who is an executive Director, has been appointed as the Chairman, with effect from 5 May 2023. Mr. Deng, aged 45, is currently an executive Director and a chief executive officer of Jiangxi Mali Intelligence Technology Company Limited owned subsidiary of the Company. Mr. Deng obtained a bachelor's degree in computer science and communication engineering from East China Jiao Tong University. Mr. Deng has more than 15 years of experience in the areas of mobile communications related services. Prior to joining the Group, Mr. Deng served as several senior positions in China United Network Communications Group Co. Ltd. during the period from 1999 to 2007. After 2007, Mr. Deng has participated in several China corporations which mainly engaged in the provision of mobile communications value-added services. Mr. Deng has entered into a letter of appointment with the Company as an executive Director for a term of 3 years commencing from 28 October 2022. Mr. Deng is subject to retirement by rotation and re-election at annual general meetings in accordance with the articles of association of the Company. Mr. Deng will assist Datin Low Lay Choo, who is the other chief executive officer of the Company, in the overall leading of the Group's development affairs. Announcement • Dec 06
MOG Holdings Limited to Report First Half, 2023 Results on Aug 31, 2023 MOG Holdings Limited announced that they will report first half, 2023 results on Aug 31, 2023 Reported Earnings • Nov 26
First half 2023 earnings released: RM0.001 loss per share (vs RM0.006 profit in 1H 2022) First half 2023 results: RM0.001 loss per share (down from RM0.006 profit in 1H 2022). Revenue: RM316.2m (up RM277.7m from 1H 2022). Net loss: RM67.2m (down RM70.1m from profit in 1H 2022). Announcement • Nov 17
MOG Holdings Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended 30 September 2022 MOG Holdings Limited provided unaudited consolidated earnings guidance for the six months ended 30 September 2022. The board informed the shareholders of the Company and its potential investors that, based on the preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 30 September 2022 and other information available to the Company, the Group expects to record a loss of not less than approximately MYR 41,000,000 (equivalent to approximately HKD 73,009,000) for the 2022 Interim Period as compared to a profit of approximately MYR 3,309,000 for the six months ended 30 September 2021. Announcement • Nov 16
MOG Holdings Limited to Report First Half, 2022 Results on Nov 25, 2022 MOG Holdings Limited announced that they will report first half, 2022 results on Nov 25, 2022 Board Change • Nov 16
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 1 experienced director. No highly experienced directors. Executive Chairman Frankie Ng is the most experienced director on the board, commencing their role in 2019. 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 • Oct 29
MOG Holdings Limited Announces Board Changes MOG Holdings Limited announces that Mr. Deng Zhihua has been appointed as an executive Director with effect from 28 October 2022. Mr. Deng, aged 45, obtained a bachelor's degree in telecommunications from East China Jiao Tong University. Mr. Deng has more than 15 years of experience in the areas of mobile communications related services. Prior to joining the Group, Mr. Deng served as several senior positions in China United Network Communications Group Co. Ltd. during the period from 1999 to 2007. After 2007, Mr. Deng has participated in several China corporations which mainly engaged in the provision of mobile communications value added services. Announcement • Sep 27
Mog Holdings Limited Announces Appointment Chu Hoi Kan as Independent Non-Executive Director, the Chairman of the Remuneration Committee and Member of Each of He Nomination Committee and Audit Committee MOG Holdings Limited announced that Mr. Chu Hoi Kan has been appointed as an independent non-executive Director, the chairman of the remuneration committee of the Company and member of each of he nomination committee of the Company and audit committee of the Company, with effect from 26 September 2022. Mr. Chu, aged 35, obtained a bachelor's degree in finance and professional accounting from The Hong Kong University of Science and Technology in November 2010 and is a member of the Hong Kong Institute of Certified Public Accountants. Mr. Chu is also a licensed person registered under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the ``SFO'') to carry out Type 6 (advising on corporate finance) regulated activity. Mr. Chu has extensive experience in the areas of accounting and corporate finance. Mr. Chu is currently an associate director and the responsible officer of Honestum International Limited, a licensed corporation registered under the SFO to carry out Type 6 (advising on corporate finance) regulated activity, since January 2020. From December 2012 to January 2019, Mr. Chu was mainly engaged in corporate finance advisory work at CLC International Limited with his last position as a manager. Mr. Chu has been appointed as an independent non-executive director of Alco Holdings limited, since September 2022. Announcement • Sep 22
MOG Holdings Limited Announces Resignation of Ng Kuan Hua as Independent Non-Executive Director and Cessation as Chairman of Remuneration Committee and Member of Each of Nomination Committee and Audit Committee The board of directors of MOG Holdings Limited announced that Mr. Ng Kuan Hua has tendered his resignation as an independent non-executive Director and also ceased to be a chairman of the remuneration committee of the Company and a member of each of the nomination committee and audit committee of the Company, with effect from 21 September 2022 due to the reason of his other personal career development. Announcement • Sep 07
MOG Holdings Limited (SEHK:1942) completed the acquisition of Positive Oasis (Shenzhen) Shiye Company Limited from Tang Jun. MOG Holdings Limited (SEHK:1942) entered into an agreement to acquire Positive Oasis (Shenzhen) Shiye Company Limited from Tang Jun for approximately HKD 140 million on July 21, 2022. Under the terms, MOG will issue 98,992,805 shares at HKD 1.39 per share to Tang Jun and accept the due loan to Positive Oasis from Tang Jun. The deal is subject to approval from Stock Exchange, board of MOG, listing of shares, due diligence by MOD. The deal is expected to close on October 20, 2022. As of July 21, 2022, The Directors provided with the supplemental information in relation to the Acquisition.
MOG Holdings Limited (SEHK:1942) completed the acquisition of Positive Oasis (Shenzhen) Shiye Company Limited from Tang Jun on September 6, 2022. Announcement • Aug 17
MOG Holdings Limited Announces Board Changes MOG Holdings Limited announced the following changes with effect from 16 August 2022: Mr. Ng has tendered his resignation as an independent non-executive Director and also ceased to be the chairman of the Audit Committee and a member of each of the Remuneration Committee and the Nomination Committee; and Mr. Yau has been appointed as an independent non-executive Director, the chairman of the Audit Committee, and a member of each of the Remuneration Committee and the Nomination Committee. The board of directors the Company also announced that Mr. Ng Chee Hoong has tendered his resignation as an independent non-executive Director and also ceased to be the chairman of the Audit Committee and a member of each of the Remuneration Committee and the Nomination Committee, with effect from 16 August 2022. Following the resignation of Mr. Ng, the Board also announces that Mr. Yau Tung Shing has been appointed as an independent non-executive Director. Mr. Yau, aged 31, has extensive years' experience in corporate finance, mergers and acquisitions and fund-raising exercises in various ventures and projects with a deal portfolio covering private entities and publicly listed companies in Hong Kong and the People's Republic of Chine. He is also a licensed person registered under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) to carry out Type 6 (advising on corporate finance) regulated activity. Prior to joining the Group, Mr. Yau is (i) a licensed representative of RHB Capital Hong Kong Limited, a licensed corporation registered under the SFO to carry out Type 6 (advising on corporate finance) regulated activity, from April 2018 to December 2018; (ii) a licensed representative of Draco Capital Limited; (iii) a licensed representative of DL Securities (HK) Limited, a licensed corporation registered under the SFO to carry out Type 1 (dealing in securities), Type 6 (advising on corporate finance) and Type 9 (asset management) regulated activities, from July 2020 to March 2021; and (iv) a responsible officer of DL Securities (HK from March 2021 to April 2022. The Board further announced that with effect from 16 August 2022, the change of chairman and member of each of the audit committee of the Company; the remuneration committee of the Company; and the nomination committee of the Company are as follows: (i) Mr. Ng has ceased to be the chairman of the Audit Committee and a member of each of the Remuneration Committee and the Nomination Committee; and (ii) Mr. Yau has been appointed as the chairman of the Audit Committee and a member of each of the Remuneration Committee and the Nomination Committee. Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment improved over the past week After last week's 16% share price gain to HK$2.06, the stock trades at a trailing P/E ratio of 58x. Average trailing P/E is 10x in the Specialty Retail industry in Hong Kong. Total returns to shareholders of 119% over the past year. Announcement • Aug 06
MOG Holdings Limited Announces Change of Company Secretary The board of directors of MOG Holdings Limited announced that Mr. Lau Wai Piu Patrick has resigned as a company secretary of the Company. Following the resignation of Mr. Lau, the Board announced that Mr. Yu Wan Hei has been appointed as the Company Secretary with effect from 5 August 2022. Mr. Yu obtained a bachelor degree of Business Administration in Accounting from The Hong Kong University of Science and Technology and a master degree of Science in Accountancy from The Hong Kong Polytechnic University. Mr. Yu is a fellow member of The Association of Chartered Certified Accountants and a Certified Public Accountant of the Hong Kong Institute of Certified Public Accountants. Mr. Yu has extensive experience in accounting, auditing, corporate finance and company secretarial works. Furthermore, Ms. Tang Tsz Yuet, an executive Director, has been appointed as the Authorised Representative and the Process Agent, both with effect from 5 August 2022. Reported Earnings • Aug 02
Full year 2022 earnings released: EPS: RM0.02 (vs RM0.02 in FY 2021) Full year 2022 results: EPS: RM0.02 (vs RM0.02 in FY 2021). Revenue: RM231.3m (up 133% from FY 2021). Net income: RM10.1m (up 1.9% from FY 2021). Profit margin: 4.4% (down from 10.0% in FY 2021). Announcement • Jul 22
MOG Holdings Limited (SEHK:1942) entered into an agreement to acquire Positive Oasis (Shenzhen) Shiye Company Limited from Tang Jun for approximately HKD 140 million. MOG Holdings Limited (SEHK:1942) entered into an agreement to acquire Positive Oasis (Shenzhen) Shiye Company Limited from Tang Jun for approximately HKD 140 million on July 21, 2022. Under the terms, MOG will issue 98,992,805 shares at HKD 1.39 per share to Tang Jun and accept the due loan to Positive Oasis from Tang Jun. The deal is subject to approval from Stock Exchange, board of MOG, listing of shares, due diligence by MOD. The deal is expected to close on October 20, 2022. Board Change • Jul 03
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Executive Chairman Frankie Ng is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 02
Full year 2022 earnings released Full year 2022 results: Revenue: RM231.3m (up 133% from FY 2021). Net income: RM10.1m (up 1.9% from FY 2021). Profit margin: 4.4% (down from 10.0% in FY 2021). Announcement • Jul 01
MOG Holdings Limited, Annual General Meeting, Sep 23, 2022 MOG Holdings Limited, Annual General Meeting, Sep 23, 2022. Announcement • Jun 18
MOG Holdings Limited to Report Fiscal Year 2022 Results on Jun 30, 2022 MOG Holdings Limited announced that they will report fiscal year 2022 results on Jun 30, 2022 Board Change • Apr 27
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. No experienced directors. No highly experienced directors. Executive Chairman Frankie Ng is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improved over the past week After last week's 19% share price gain to HK$1.40, the stock trades at a trailing P/E ratio of 43x. Average trailing P/E is 10x in the Specialty Retail industry in Hong Kong. Total returns to shareholders of 51% over the past year. Reported Earnings • Dec 02
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: RM0.006 (down from RM0.008 in 1H 2021). Revenue: RM38.5m (down 19% from 1H 2021). Net income: RM2.86m (down 28% from 1H 2021). Profit margin: 7.4% (down from 8.4% in 1H 2021). Revenue was in line with analyst estimates. Valuation Update With 7 Day Price Move • Nov 26
Investor sentiment improved over the past week After last week's 19% share price gain to HK$1.07, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 10x in the Specialty Retail industry in Hong Kong. Total returns to shareholders of 56% over the past year. Upcoming Dividend • Oct 12
Upcoming dividend of HK$0.02 per share Eligible shareholders must have bought the stock before 19 October 2021. Payment date: 05 November 2021. Trailing yield: 2.1%. Lower than top quartile of Hong Kong dividend payers (6.7%). In line with average of industry peers (2.0%). Reported Earnings • Jun 30
Full year 2021 earnings released: EPS RM0.02 (vs RM0.029 in FY 2020) The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2021 results: Revenue: RM99.2m (down 33% from FY 2020). Net income: RM9.92m (down 9.0% from FY 2020). Profit margin: 10.0% (up from 7.4% in FY 2020). The increase in margin was driven by lower expenses. Announcement • Jun 25
MOG Holdings Limited Approves Unaudited Consolidated Earnings Guidance for the Year Ended March 31, 2021 MOG Holdings Limited approved unaudited consolidated earnings guidance for the year ended March 31, 2021. For the period, it is expected that the Group will record a decrease in net profit of approximately 10.9% as compared to the consolidated net profit of approximately RMB 13.8 million in the corresponding year in 2020. However, after excluding the non-recurring listing expenses amounting to approximately RMB 9.8 million for fiscal year 2020 and approximately RMB 1.4 million for the Reporting Period, the Group's net profit is expected to decrease by approximately 41.9% for the Reporting Period when compared with fiscal year 2020, which was mainly attributable to a decrease in revenue of approximately 32.6% for the Reporting Period when compared with fiscal year 2020. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improved over the past week After last week's 18% share price gain to RM1.13, the stock is trading at a trailing P/E ratio of 29.8x, up from the previous P/E ratio of 25.3x. This compares to an average P/E of 14x in the Specialty Retail industry in Hong Kong. Is New 90 Day High Low • Mar 03
New 90-day high: HK$0.95 The company is up 34% from its price of HK$0.71 on 03 December 2020. The Hong Kong market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 2.0% over the same period. Is New 90 Day High Low • Feb 02
New 90-day high: HK$0.78 The company is up 8.0% from its price of HK$0.72 on 04 November 2020. The Hong Kong market is up 16% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Specialty Retail industry, which is flat over the same period. Is New 90 Day High Low • Dec 15
New 90-day low: HK$0.59 The company is down 11% from its price of HK$0.66 on 16 September 2020. The Hong Kong market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 4.0% over the same period. Reported Earnings • Nov 29
First half 2021 earnings released: EPS RM0.008 The company reported a soft first half result with weaker earnings and revenues, although profit margins were improved. First half 2021 results: Revenue: RM47.5m (down 36% from 1H 2020). Net income: RM3.99m (down 35% from 1H 2020). Profit margin: 8.4% (up from 8.3% in 1H 2020). The increase in margin was driven by lower expenses. Announcement • Nov 17
MOG Holdings Limited to Report First Half, 2021 Results on Nov 27, 2020 MOG Holdings Limited announced that they will report first half, 2021 results on Nov 27, 2020 Is New 90 Day High Low • Sep 30
New 90-day high: HK$0.78 The company is up 18% from its price of HK$0.66 on 02 July 2020. The Hong Kong market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 14% over the same period. 