HKG:2680

2 stories mentioning HKG:2680Updated 38d ago

Every FINWIRES story that references HKG:2680, newest first.

Innovax's Chair, CEO Step Down; Controlling Shareholder Named as Successor

Innovax's (HKG:2680) Chairman Chung Chi Man and CEO Poon Siu Kuen, Calvin, resigned effective May 30 due to a change in control of the firm, according to a May 29 Hong Kong bourse filing.Shares of the financial company were up 4% in Monday afternoon trading.The firm, on the same day, named Wang Tingfa as its new chair and CEO.Wang is a controlling shareholder of the company as he owns Billion Shine International Investment, which holds a 75% stake in the firm.

HKG:2680

Asia50d ago

Innovax Forecasts Turnaround to Full-Year Profit

Innovax (HKG:2680) expects a profit and total comprehensive income of between HK$9 million and HK$13 million for the year ended Feb. 28, compared with a loss and total comprehensive expense of HK$35.3 million a year prior, according to a Tuesday Hong Kong bourse filing.The finance advisory services provider attributed the forecast to a net realized gain on financial assets at fair value through profit or loss, as well as a decline in unrealized loss on certain other financial assets.

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