New Risk • Apr 22
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 16% 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 (16% average weekly change). Negative equity (-HK$242m). Earnings have declined by 39% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 86x increase in shares outstanding). Announcement • Mar 14
E&P Global Holdings Limited has withdrawn its Follow-on Equity Offering in the amount of HKD 465.12 million. E&P Global Holdings Limited has withdrawn its Follow-on Equity Offering in the amount of HKD 465.12 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,368,000,000
Price\Range: HKD 0.34
Discount Per Security: HKD 0.0034
Transaction Features: Subsequent Direct Listing Reported Earnings • Nov 30
First half 2026 earnings released: HK$0.38 loss per share (vs HK$0.65 loss in 1H 2025) First half 2026 results: HK$0.38 loss per share. Revenue: HK$220.7m (down 8.4% from 1H 2025). Net loss: HK$1.41b (loss widened HK$1.32b from 1H 2025). New Risk • Nov 29
New major risk - Revenue and earnings growth Earnings have declined by 39% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (61% average weekly change). Negative equity (-HK$242m). Earnings have declined by 39% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 86x increase in shares outstanding). Announcement • Nov 28
E&P Global Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 465.12 million. E&P Global Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 465.12 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,368,000,000
Price\Range: HKD 0.34
Transaction Features: Subsequent Direct Listing Announcement • Nov 18
E&P Global Holdings Limited to Report First Half, 2026 Results on Nov 28, 2025 E&P Global Holdings Limited announced that they will report first half, 2026 results on Nov 28, 2025 Reported Earnings • Jul 22
Full year 2025 earnings released: HK$2.27 loss per share (vs HK$0.74 profit in FY 2024) Full year 2025 results: HK$2.27 loss per share (down from HK$0.74 profit in FY 2024). Revenue: HK$489.4m (down 26% from FY 2024). Net loss: HK$329.0m (down 408% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 78% per year, which means it is well ahead of earnings. New Risk • Jul 19
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 46x 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 Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-HK$2.0b). Shareholders have been substantially diluted in the past year (over 46x increase in shares outstanding). Reported Earnings • Jun 21
Full year 2025 earnings released: HK$2.27 loss per share (vs HK$0.74 profit in FY 2024) Full year 2025 results: HK$2.27 loss per share (down from HK$0.74 profit in FY 2024). Revenue: HK$489.4m (down 26% from FY 2024). Net loss: HK$329.0m (down 408% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings. Announcement • Jun 21
E&P Global Holdings Limited, Annual General Meeting, Aug 12, 2025 E&P Global Holdings Limited, Annual General Meeting, Aug 12, 2025. Announcement • Jun 10
E&P Global Holdings Limited to Report Fiscal Year 2025 Results on Jun 20, 2025 E&P Global Holdings Limited announced that they will report fiscal year 2025 results on Jun 20, 2025 Announcement • Mar 18
E&P Global Holdings Limited announced that it has received HKD 3.123042 billion in funding On March 17, 2025, E&P Global Holdings Limited closed the transaction. Announcement • Jan 17
E&P Global Holdings Limited Appoints Wong Wei Hua Derek as Independent Non-Executive Director and Changes in Composition of Board Committees The board of directors of E&P Global Holdings Limited announced that Mr. Wong Wei Hua Derek has been appointed as an independent non-executive Director with effect from 17 January 2025. Mr. Wong aged 52, has over 25 years of experience in auditing and financial and corporate management. Mr. Wong joined Ausnutria Dairy Corporation Ltd. ("Ausnutria"), a company whose shares are listed on the Main Board of The Stock Exchange of Hong Kong Limited (stock code: 1717) as the deputy chief financial officer in July 2011 and was appointed as joint company secretary (later redesignated as the company secretary in December 2012) and the chief financial officer in September 2011. Mr. Wong has resigned from all of his positions in Ausnutria in December 2023. Mr. Wong graduated from York University in Toronto, Canada with a bachelor's degree in arts (major in mathematics) in June 1993 and a bachelor's degree in administrative studies (major in accounting) in June 1995. Mr. Wong has been a member of the Hong Kong Institute of Certified Public Accountants (formerly known as Hong Kong Society of Accountants) since March 2002. The Board further announces that with effect from 17 January 2025, the compositions of each of the audit committee of the Board, the Remuneration Committee and the nomination committee of the Board ("Nomination Committee") have been changed as follows:- Ms. Chen Dai has been redesignated from her position as the chairman of the Audit Committee to a member of the Audit Committee; and Mr. Wong has been appointed as the chairman of the Audit Committee and a member of each of the Remuneration Committee and Nomination Committee, respectively. New Risk • Jan 07
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$70.3m (US$9.05m) 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 (27% average weekly change). Negative equity (-HK$1.9b). Market cap is less than US$10m (HK$70.3m market cap, or US$9.05m). Reported Earnings • Dec 01
First half 2025 earnings released: HK$0.65 loss per share (vs HK$0.28 profit in 1H 2024) First half 2025 results: HK$0.65 loss per share (down from HK$0.28 profit in 1H 2024). Revenue: HK$240.8m (down 32% from 1H 2024). Net loss: HK$93.9m (down 328% from profit in 1H 2024). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 34% per year, which means it has not declined as severely as earnings. Announcement • Nov 19
E&P Global Holdings Limited to Report First Half, 2025 Results on Nov 29, 2024 E&P Global Holdings Limited announced that they will report first half, 2025 results on Nov 29, 2024 Board Change • Nov 12
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. 4 non-independent directors. Independent Non-Executive Director Sung Rae Kim 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 • Oct 19
E&P Global Holdings Limited Announces Resigna6ion of Leung Yau Wan John as Independent Non-Executive Director E&P Global Holdings Limited announced that Mr. Leung Yau Wan John has tendered his resignation as an independent non-executive Director effective from 18 October 2024 due to his other engagement, which requires more time and dedication. Immediately upon the resignation of Mr. Leung, the Board further announces that with effect from 18 October 2024, the composition of the audit committee of the Company, the remuneration committee of the Company ("Remuneration Committee") and the nomination committee of the Company ("Nomination Committee") has been changed as follows:- Mr. Leung ceased to be the chairman of the Audit Committee and the members of the Remuneration Committee and Nomination Committee. Ms. Chen Dai has been appointed as the chairman of the Audit Committee during the interim period. Reported Earnings • Aug 05
Full year 2024 earnings released: EPS: HK$0.74 (vs HK$3.79 in FY 2023) Full year 2024 results: EPS: HK$0.74 (down from HK$3.79 in FY 2023). Revenue: HK$664.7m (down 42% from FY 2023). Net income: HK$106.9m (down 81% from FY 2023). Profit margin: 16% (down from 48% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 36% per year, which means it has not declined as severely as earnings. Reported Earnings • Jul 01
Full year 2024 earnings released: EPS: HK$0.74 (vs HK$3.79 in FY 2023) Full year 2024 results: EPS: HK$0.74 (down from HK$3.79 in FY 2023). Revenue: HK$664.7m (down 42% from FY 2023). Net income: HK$106.9m (down 81% from FY 2023). Profit margin: 16% (down from 48% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 37% per year, which means it has not declined as severely as earnings. Announcement • Jun 29
E&P Global Holdings Limited, Annual General Meeting, Sep 27, 2024 E&P Global Holdings Limited, Annual General Meeting, Sep 27, 2024. Announcement • Jun 19
E&P Global Holdings Limited to Report Fiscal Year 2024 Results on Jun 28, 2024 E&P Global Holdings Limited announced that they will report fiscal year 2024 results on Jun 28, 2024 Reported Earnings • Dec 02
First half 2024 earnings released: EPS: HK$0.28 (vs HK$4.75 in 1H 2023) First half 2024 results: EPS: HK$0.28 (down from HK$4.75 in 1H 2023). Revenue: HK$353.7m (down 44% from 1H 2023). Net income: HK$41.1m (down 94% from 1H 2023). Profit margin: 12% (down from 109% in 1H 2023). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Nov 21
E&P Global Holdings Limited to Report Q2, 2024 Results on Nov 30, 2023 E&P Global Holdings Limited announced that they will report Q2, 2024 results on Nov 30, 2023 Announcement • Aug 24
E&P Global Holdings Limited, Annual General Meeting, Sep 27, 2023 E&P Global Holdings Limited, Annual General Meeting, Sep 27, 2023. Agenda: To consider amendments to the existing amended and restated memorandum of association and articles of association of the Company. New Risk • Jul 31
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 32% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.3% operating cash flow to total debt). Negative equity (-HK$1.9b). High level of non-cash earnings (32% accrual ratio). Market cap is less than US$10m (HK$70.3m market cap, or US$9.02m). Reported Earnings • Jul 01
Full year 2023 earnings released: EPS: HK$3.79 (vs HK$2.37 loss in FY 2022) Full year 2023 results: EPS: HK$3.79 (up from HK$2.37 loss in FY 2022). Revenue: HK$1.15b (down 1.6% from FY 2022). Net income: HK$550.2m (up HK$893.7m from FY 2022). Profit margin: 48% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Jun 20
E&P Global Holdings Limited to Report Fiscal Year 2023 Results on Jun 30, 2023 E&P Global Holdings Limited announced that they will report fiscal year 2023 results on Jun 30, 2023 Announcement • Jun 15
E&P Global Holdings Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended 31 March 2023 E&P Global Holdings Limited provided unaudited consolidated earnings guidance for the year ended 31 March 2023. For the year, the company expects to record a profit before income tax in the range of approximately HKD 1,029 million to approximately HKD 1,350 million for the year ended 31 March 2023 as compared to a loss before income tax of approximately HKD 348 million for the year ended 31 March 2022. Such estimated turnaround from loss to profit is primarily attributable to (i) an estimated reversal of impairment loss on other intangible assets (in relation to mining rights of Lot 1 and Lot 1 Extension of the Group's Russian coal mines) in the range of approximately HKD 331 million to approximately HKD 413 million (2022: approximately HKD 176 million) arising from change in valuation of such assets as at 31 March 2023 mainly due to the net effect of increase in coal sales prices of certain type of coals, the appreciation of Russian Rubles to United States Dollars, the slight decrease in post-tax discount rate, the change in expected future inflation rate of costs and the corresponding change in expected future growth rate of coal sales prices in the coming few years, and change of the expected first year of coal production to 2030; (ii) an estimated reversal of impairment loss on exploration and evaluation assets (in relation to mining rights of Lot 2 of the Group's Russian coal mines) in the range of approximately HKD 952 million to approximately HKD 1,190 million (impairment loss of approximately HKD 282 million for the year ended 31 March 2022) arising from change in valuation of such assets as at 31 March 2023 also mainly due to the net effect of increase in coal sales prices of certain type of coals, the appreciation of Russian Rubles to United States Dollars, the slight decrease in post-tax discount rate, the change in expected future inflation rate of costs and the corresponding change in expected future growth rate of coal sales prices in the coming few years, and change of the expected first year of coal production to 2025; and (iii) an estimated increase of amortization of other intangible assets (in relation to mining rights of Lot 1 and Lot 1 Extension of the Group's Russian coal mines) to approximately HKD 241 million (2022: approximately HKD 225 million). Board Change • Mar 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. Independent Non-Executive Director John Leung was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Dec 31
First half 2023 earnings released: EPS: HK$4.75 (vs HK$0.32 in 1H 2022) First half 2023 results: EPS: HK$4.75 (up from HK$0.32 in 1H 2022). Revenue: HK$632.7m (up 20% from 1H 2022). Net income: HK$689.0m (up HK$642.8m from 1H 2022). Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Reported Earnings • Dec 01
First half 2023 earnings released: EPS: HK$4.75 (vs HK$0.32 in 1H 2022) First half 2023 results: EPS: HK$4.75 (up from HK$0.32 in 1H 2022). Revenue: HK$632.7m (up 20% from 1H 2022). Net income: HK$689.0m (up HK$642.8m from 1H 2022). Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Nov 19
E&P Global Holdings Limited to Report First Half, 2023 Results on Nov 30, 2022 E&P Global Holdings Limited announced that they will report first half, 2023 results on Nov 30, 2022 Announcement • Sep 29
E&P Global Holdings Limited Announces Board Changes E&P Global Holdings Limited announced that Mr. Kwok Kim Hung Eddie retired as an independent non-executive director of the Company at the conclusion of the 2022 AGM in accordance with the articles of association of the Company. Following the retirement of Mr. Kwok, he also ceased to be the chairman of the audit committee, a member of each of the audit committee, the remuneration committee and the nomination committee of the Company, with immediate effect at the conclusion of the 2022 AGM on 28 September 2022. Announcement • Aug 27
E&P Global Holdings Limited, Annual General Meeting, Sep 28, 2022 E&P Global Holdings Limited, Annual General Meeting, Sep 28, 2022, at 15:00 China Standard Time. Location: Conference Rooms R4 and R5, United Conference Centre, 10th Floor United Centre, 95 Queensway Admiralty Hong Kong Agenda: To consider and adopt the audited consolidated financial statements of the Company and the report of the directors of the Company and report of the auditor for the year ended 31 March 2022; to re-election of directors; to re-appoint UNI tax prism CPA limited( formerly known as Prism CPA Limited) as the auditor of the company; and to consider other matter. Reported Earnings • Aug 03
Full year 2022 earnings released: HK$2.37 loss per share (vs HK$3.62 profit in FY 2021) Full year 2022 results: HK$2.37 loss per share (down from HK$3.62 profit in FY 2021). Revenue: HK$1.17b (down 6.0% from FY 2021). Net loss: HK$343.5m (down 166% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 02
Full year 2022 earnings released Full year 2022 results: Revenue: HK$1.17b (down 6.0% from FY 2021). Net loss: HK$343.5m (down 166% from profit in FY 2021). Announcement • Jun 21
E&P Global Holdings Limited to Report Fiscal Year 2022 Results on Jun 30, 2022 E&P Global Holdings Limited announced that they will report fiscal year 2022 results on Jun 30, 2022 Announcement • Jun 18
E&P Global Holdings Limited Provides Financial Guidance for the Year Ended 31 March 2022 E&P Global Holdings Limited provided financial guidance for the year ended 31 March 2022. The Group is expected to record a loss before income tax of approximately HKD 393 million for the year ended 31 March 2022 as compared to a profit before income tax of approximately HKD 536 million for the year ended 31 March 2021, primarily attributable to (i) an estimated reversal of impairment losses of approximately HKD 309 million (reversal of impairment loss of approximately HKD 205 million for the year ended 31 March 2021) on other intangible assets; (ii) an estimated impairment loss of approximately HKD 304 million (reversal of impairment loss of approximately HKD 439 million for the year ended 31 March 2021) on exploration and evaluation assets; and (iii) an estimated increase of amortization of other intangible assets to approximately HKD 382 million (2021: approximately HKD 89 million). Announcement • Feb 17
E&P Global Holdings Limited Announces Executive Changes E&P Global Holdings Limited announces that Ms. Tsang Man Maan has tendered her resignation as the Company Secretary and Authorized Representative with effect from 16 February 2022. The Board also announces that Mr. Tang Siu Fung Calvin has been appointed as the Company Secretary and Authorized Representative with effect from 16 February 2022. Mr. Tang, aged 39, a Chartered Governance Professional, a Chartered Secretary, a Chartered Financial Analyst (CFA), a Chartered Valuation Surveyor and a RICS Registered Valuer, has over 15 years of extensive experience in corporate finance and corporate governance. Reported Earnings • Dec 03
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: HK$0.32 (up from HK$1.95 loss in 1H 2021). Revenue: HK$527.7m (down 8.3% from 1H 2021). Net income: HK$46.2m (up HK$329.3m from 1H 2021). Profit margin: 8.8% (up from net loss in 1H 2021). The move to profitability was driven by lower expenses. Revenue was in line with analyst estimates. Reported Earnings • Jul 03
Full year 2021 earnings released: EPS HK$2.38 (vs HK$11.60 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: HK$1.24b (up 4.1% from FY 2020). Net income: HK$524.6m (up HK$2.00b from FY 2020). Profit margin: 42% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Announcement • Jun 17
Siberian Mining Group Company Limited Provides Earnings Guidance for the Year Ended 31 March 2021 Siberian Mining Group Company Limited provided earnings guidance for the year ended 31 March 2021. The Group is expected to record a profit before income tax of approximately HKD 645 million for the year ended 31 March 2021 as compared to a loss before income tax of approximately HKD 1,509 million for the year ended 31 March 2020, primarily attributable to (i) an estimated reversal of impairment losses of approximately HKD 310 million (impairment loss of approximately HKD 165 million for the year ended 31 March 2020) on other intangible assets; (ii) an estimated reversal of impairment losses of approximately HKD 439 million (impairment loss of approximately HKD 1,171 million for the year ended 31 March 2020) on exploration and evaluation assets; and (iii) an estimated decrease of amortization of other intangible assets to approximately HKD 89 million (2020: approximately HKD 140 million). Is New 90 Day High Low • Feb 17
New 90-day high: HK$0.88 The company is up 63% from its price of HK$0.54 on 19 November 2020. The Hong Kong market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is up 7.0% over the same period. Is New 90 Day High Low • Jan 22
New 90-day high: HK$0.67 The company is up 26% from its price of HK$0.53 on 23 October 2020. The Hong Kong market is up 20% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Trade Distributors industry, which is also up 26% over the same period. Reported Earnings • Dec 31
First half 2021 earnings released: HK$1.95 loss per share The company reported a solid first half result with reduced losses and improved revenues and control over expenses. First half 2021 results: Revenue: HK$575.2m (up 24% from 1H 2020). Net loss: HK$283.1m (loss narrowed 63% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 84% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings. Reported Earnings • Dec 03
First half 2021 earnings released: HK$1.95 loss per share The company reported a solid first half result with reduced losses and improved revenues and control over expenses. First half 2021 results: Revenue: HK$575.2m (up 24% from 1H 2020). Net loss: HK$283.1m (loss narrowed 63% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 84% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings. Announcement • Nov 14
Siberian Mining Group Company Limited to Report First Half, 2021 Results on Nov 30, 2020 Siberian Mining Group Company Limited announced that they will report first half, 2021 results on Nov 30, 2020 Is New 90 Day High Low • Oct 30
New 90-day low: HK$0.46 The company is down 17% from its price of HK$0.55 on 31 July 2020. The Hong Kong market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 3.0% over the same period. Is New 90 Day High Low • Sep 22
New 90-day high: HK$0.76 The company is up 3.0% from its price of HK$0.74 on 24 June 2020. The Hong Kong market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Trade Distributors industry, which is up 11% over the same period. Announcement • Sep 17
Siberian Mining Group Company Limited Announces Change of Company Secretary The Board of Siberian Mining Group Company Limited announced that Ms. Tsang Oi Yin has tendered her resignation as the company secretary of the Company and an authorized representative of the Company with effect from 16 September 2020. The Board also announces that Ms. Tsang Man Maan has been appointed as the company
secretary of the Company and an authorized representative of the Company with effect from 16
September 2020. Ms. Tsang Man Maan is currently a manager of the corporate service department of Hauzen Services Limited. 