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merdeka financial services g (8163) Snapshot

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merdeka financial services g (8163) Details

Merdeka Financial Services Group Limited, an investment holding company, engages in trading, forestry, plantation, money lending, and information technology business in Hong Kong. It trades in a range of brands of milk powder products; and in goods, components, and accessories. The company is also involved in the logging of trees; and processing and sale of sawn timber, other timber, and wood products. In addition, it engages in the plantation of oil palm trees and sale of palm oil. Further, the company is involved in the provision of loan financing; and technical support services, as well as distribution of information technology products. The company was formerly known as Merdeka Mobile Group Limited and changed its name to Merdeka Financial Services Group Limited in October 2015. The company is headquartered in Wanchai, Hong Kong. Merdeka Financial Services Group Limited is a subsidiary of Ivana Investments Limited.

25 Employees
Last Reported Date: 03/31/15

merdeka financial services g (8163) Top Compensated Officers

Chairman, Chief Executive Officer, Compliance...
Total Annual Compensation: $1.4M
Managing Director, Executive Director, Member...
Total Annual Compensation: $700.0K
Compensation as of Fiscal Year 2014.

merdeka financial services g (8163) Key Developments

Merdeka Financial Services Group Limited Announces Resignation of Wong Chi Man as Non-Executive Director

Merdeka Financial Services Group Limited announced that Mr. Wong Chi Man (Mr. Wong), due to his need in concentrating in his own professional career, has resigned as a Non-executive director of the company with effect from 27 November 2015. Mr. Wong has confirmed that he has no disagreement with the Board and do not have any matters in relation to his resignation that should be brought to the attention of the shareholders of the company.

Merdeka Mobile Group Limited will Change its Name to Merdeka Financial Services Group Limited

Effective November 23, 2015, Merdeka Mobile Group Limited will change its name to Merdeka Financial Services Group Limited.

Merdeka Mobile Group Limited Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015

Merdeka Mobile Group Limited announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, revenue was HKD 33,758,000 against HKD 16,675,000 a year ago. Loss before tax was HKD 6,946,000 against profit before tax of HKD 25,947,000 a year ago. Loss for the period was HKD 5,505,000 against profit for the period of HKD 25,947,000 a year ago. Loss attributable to owners of the company was HKD 7,182,000 or HKD 0.006 per diluted share against profit attributable to owners of the company of HKD 25,947,000 or HKD 0.026 per diluted share a year ago. For the nine months, revenue was HKD 73,080,000 against HKD 47,478,000 a year ago. Loss before tax was HKD 18,957,000 against profit before tax of HKD 12,103,000 a year ago. Loss for the period was HKD 18,944,000 against profit for the period of HKD 12,103,000 a year ago. Loss attributable to owners of the company was HKD 20,322,000 or HKD 0.023 per diluted share against profit attributable to owners of the company of HKD 12,103,000 or HKD 0.023 per diluted share a year ago.

 

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