Reported Earnings • Apr 01
Full year 2025 earnings released: EPS: HK$0.029 (vs HK$0.031 loss in FY 2024) Full year 2025 results: EPS: HK$0.029 (up from HK$0.031 loss in FY 2024). Net income: HK$179.0m (up HK$373.6m from FY 2024). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 31
Oshidori International Holdings Limited, Annual General Meeting, Jun 09, 2026 Oshidori International Holdings Limited, Annual General Meeting, Jun 09, 2026. Announcement • Mar 16
Oshidori International Holdings Limited to Report Fiscal Year 2025 Results on Mar 30, 2026 Oshidori International Holdings Limited announced that they will report fiscal year 2025 results on Mar 30, 2026 New Risk • Nov 25
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 12% 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: Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Large one-off items impacting financial results. Reported Earnings • Aug 31
First half 2025 earnings released: EPS: HK$0.015 (vs HK$0.018 loss in 1H 2024) First half 2025 results: EPS: HK$0.015 (up from HK$0.018 loss in 1H 2024). Net income: HK$95.0m (up HK$206.6m from 1H 2024). Over the last 3 years on average, earnings per share has increased by 130% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Aug 15
Oshidori International Holdings Limited to Report First Half, 2025 Results on Aug 28, 2025 Oshidori International Holdings Limited announced that they will report first half, 2025 results on Aug 28, 2025 Board Change • Aug 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. 3 experienced directors. 4 highly experienced directors. Independent Non-Executive Director John Lam was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. New Risk • Jul 17
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 Risks Less than 1 year of cash runway based on free cash flow trend (-HK$303m free cash flow). Earnings have declined by 21% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Reported Earnings • May 04
Full year 2024 earnings released: HK$0.031 loss per share (vs HK$0.014 loss in FY 2023) Full year 2024 results: HK$0.031 loss per share (further deteriorated from HK$0.014 loss in FY 2023). Net loss: HK$194.5m (loss widened 130% from FY 2023). Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Mar 28
Oshidori International Holdings Limited, Annual General Meeting, Jun 13, 2025 Oshidori International Holdings Limited, Annual General Meeting, Jun 13, 2025. Announcement • Mar 17
Oshidori International Holdings Limited to Report Fiscal Year 2024 Results on Mar 27, 2025 Oshidori International Holdings Limited announced that they will report fiscal year 2024 results on Mar 27, 2025 New Risk • Feb 26
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 22% per year over the past 5 years. Revenue is less than US$1m. Reported Earnings • Oct 01
First half 2024 earnings released: HK$0.018 loss per share (vs HK$0.002 profit in 1H 2023) First half 2024 results: HK$0.018 loss per share (down from HK$0.002 profit in 1H 2023). Net loss: HK$111.7m (down HK$123.4m from profit in 1H 2023). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. New Risk • Aug 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 13% 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 (13% average weekly change). Earnings have declined by 23% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$680.2m market cap, or US$87.3m). Announcement • Aug 15
Oshidori International Holdings Limited to Report First Half, 2024 Results on Aug 28, 2024 Oshidori International Holdings Limited announced that they will report first half, 2024 results on Aug 28, 2024 Announcement • Jul 23
Oshidori International Holdings Limited Provides Group Preliminary Earnings Guidance for the Six Months Ended 30 June 2024 Oshidori International Holdings Limited provided group preliminary earnings guidance for the six months ended 30 June 2024. The board of directors Company informed the shareholders of the Company and potential investors that based on the preliminary review of the unaudited management accounts of the Group for the six months ended 30 June 2024 and information currently available to the Company, the Group is expected to record a net loss of HKD 110.7 million for the Period as compared to the net profit of HKD 11.8 million for the six months ended 30 June 2023. The Board considers that the net loss for the Period is mainly attributable to the combined effects of: the net unrealised fair value loss on financial assets at fair value through profit or loss of HKD 42.1 million; and the share of loss from associates of HKD 41.9 million. New Risk • Jun 17
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 11% 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 23% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Significant insider selling over the past 3 months (HK$27m sold). New Risk • Jun 12
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$779.2m (US$99.8m) 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 Risk Earnings have declined by 23% per year over the past 5 years. Minor Risks Significant insider selling over the past 3 months (HK$27m sold). Market cap is less than US$100m (HK$779.2m market cap, or US$99.8m). Reported Earnings • Mar 30
Full year 2023 earnings released: HK$0.014 loss per share (vs HK$0.013 loss in FY 2022) Full year 2023 results: HK$0.014 loss per share (further deteriorated from HK$0.013 loss in FY 2022). Net loss: HK$84.5m (loss widened 4.2% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 33% per year, which means it has not declined as severely as earnings. Announcement • Mar 29
Oshidori International Holdings Limited, Annual General Meeting, Jun 13, 2024 Oshidori International Holdings Limited, Annual General Meeting, Jun 13, 2024. Announcement • Mar 19
Oshidori International Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 Oshidori International Holdings Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 Reported Earnings • Sep 04
First half 2023 earnings released: EPS: HK$0.002 (vs HK$0.006 loss in 1H 2022) First half 2023 results: EPS: HK$0.002 (up from HK$0.006 loss in 1H 2022). Net income: HK$11.8m (up HK$51.2m from 1H 2022). 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 35% per year, which means it has not declined as severely as earnings. Announcement • Aug 18
Oshidori International Holdings Limited to Report First Half, 2023 Results on Aug 30, 2023 Oshidori International Holdings Limited announced that they will report first half, 2023 results on Aug 30, 2023 New Risk • Aug 18
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 9.4% 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 28% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Revenue is less than US$5m (HK$8.5m revenue, or US$1.1m). Announcement • Jul 01
Oshidori International Holdings Limited Announces Board and Committee Changes The board of directors of Oshidori International Holdings Limited announced that Mr. Sam Hing Cheong (‘Mr. Sam’) will be re-designated from non-executive director to executive director and chairman of the Company and will be appointed as a member of the nomination committee and remuneration committee of the Company with effect from 1 July 2023. Mr. Sam, aged 41, has been a non-executive director of the Company since 5 June 2020. He was an executive director and chairman of the Company from 28 January 2019 to 4 June 2020; an executive director and acting chairman of the Company from 5 April 2017 to 27 January 2019; and an executive director and chief executive officer of the Company from 27 March 2012 to 5 April 2017. Mr. Sam is also a director of several subsidiaries of the Company. Mr. Sam holds a Bachelor of Laws with Honours and a Bachelor of Arts from the University of Waikato, New Zealand. Mr. Sam is admitted as a solicitor in Hong Kong, England and Wales, the British Virgin Islands and New Zealand, and as an attorney in the Republic of the Marshall Islands. Mr. Sam was an executive director and the vice chairman of Blue River Holdings Limited, the securities of which are listed on the main board of the Stock Exchange of Hong Kong Limited, from 1 April 2021 to 30 June 2023. Save as disclosed above, Mr. Sam does not hold any directorships in the last three years in any public companies, the securities of which are listed on any securities market in Hong Kong or overseas. The Board announced that Dr. Lo Wing Yan, William (‘Dr. Lo’) will resign as an independent non-executive director and a member of the audit committee, nomination committee and remuneration committee of the Company with effect from 1 July 2023 in order to devote more time to his other business commitments. Dr. Lo has confirmed that he has no disagreement with the Board and there are no matters in relation to his resignation that need to be brought to the attention of the Stock Exchange of Hong Kong Limited or the shareholders of the Company. Reported Earnings • Mar 31
Full year 2022 earnings released: HK$0.013 loss per share (vs HK$0.52 loss in FY 2021) Full year 2022 results: HK$0.013 loss per share (improved from HK$0.52 loss in FY 2021). Net loss: HK$81.1m (loss narrowed 97% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings. Announcement • Feb 14
Oshidori International Holdings Limited Provides Group Earnings Guidance for the Year Ended 31 December 2022 The board of directors of the Oshidori International Holdings Limited announced that based on the preliminary review of the unaudited management accounts of the Group for the year ended 31 December 2022 and information currently available to the Company, the Board expects that the Group will record a net loss of HKD 80 million for the Year, compared with a net loss of HKD 3,145 million for the year ended 31 December 2021. The Board considers that this decrease in loss was mainly due to the absence of one-off net loss of HKD 3,335 million on disposal of financial assets for the Previous Year. Nevertheless, the performance from tactical and/or strategical investments segment for the Year remained weak due to the significant market volatilities and uncertainties in global economies. Hong Kong Stock market entered 2022 on a high note followed by a low in the face of multiple uncertainties that Hang Seng Index hits a low at 14,597 points on 31 October 2022 marking a 13-year low. Announcement • Oct 07
Oshidori International Holdings Limited Announces Board Changes The board of directors (the "Board") of Oshidori International Holdings Limited (the "Company") announced that with effect from 6 October 2022: Mr. Alejandro Yemenidjian ("Mr. Yemenidjian") has resigned as the non-executive chairman and non-executive director of the Company due to his other business commitments; and Hon. Joseph Edward Schmitz ("Hon. Schmitz") has resigned as a non-executive director of the Company due to his other business commitments. Reported Earnings • Sep 02
First half 2022 earnings released: HK$0.006 loss per share (vs HK$0.15 profit in 1H 2021) First half 2022 results: HK$0.006 loss per share (down from HK$0.15 profit in 1H 2021). Net loss: HK$39.4m (down 104% from profit in 1H 2021). Over the last 3 years on average, earnings per share has fallen by 51% 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. Board Change • Sep 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director John Lam was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Aug 20
Oshidori International Holdings Limited to Report First Half, 2022 Results on Aug 31, 2022 Oshidori International Holdings Limited announced that they will report first half, 2022 results on Aug 31, 2022 Announcement • Aug 02
Oshidori International Holdings Limited Announces Board and Committee Changes The board of directors of Oshidori International Holdings Limited (the ‘Company’) announced that Mr. Cheung Wing Ping (‘Mr. Cheung’) has resigned as an independent non-executive director and the chairman of the audit committee (the ‘Audit Committee’), remuneration committee (the ‘Remuneration Committee’) and nomination committee (the ‘Nomination Committee’) of the Company with effect from 1 August 2022 due to his other business commitments. Mr. Cheung has confirmed that he has no disagreement with the Board and there are no matters in relation to his resignation that need to be brought to the attention of The Stock Exchange of Hong Kong Limited or the shareholders of the Company. The board announced that Mr. Lam John Cheung-wah (‘Mr. Lam’) has been appointed as an independent non-executive director and a member of the Audit Committee, Remuneration Committee and Nomination Committee with effect from 1 August 2022. Mr. Lam, aged 67, has over 30 years of experience in banking, finance and investment. He holds a bachelor of business management degree from Ryerson Polytechnical Institute (currently known as Toronto Metropolitan University) in Toronto, Canada, and is a fellow of The Institute of Canadian Bankers and a fellow of The Royal Institution of Chartered Surveyors. Mr. Lam is the vice president of China Real Estate Chamber of Commerce Hong Kong and International Chapter Limited. He was a member of the 13th Guangdong Provincial Committee of the Chinese People's Political Consultative Conference. Mr. Lam once acted as the Vice Chairman and an Executive Director of Nan Fung Property Holdings Limited in China Property Division between February 2013 and December 2021, and he has served as its advisor since January 2022. Currently, Mr. Lam is also an independent non-executive director of Samson Paper Holdings Limited, the securities of which are listed on the Main Board of the Stock Exchange, since May 2022, and an independent non-executive director of Wing Lee Property Investments Limited. From October 2021 to July 2022, Mr. Lam was a non-executive director of Hong Kong Aerospace Technology Group Limited (stock code: 1725), the securities of which are listed on the Main Board of the Stock Exchange. Mr. Lam was also a director of Eastway International Limited and Yue Feng Development (Hong Kong) Limited, which were companies incorporated in Hong Kong with limited liability, before their dissolution by deregistration under section 751 of the Companies Ordinance (Chapter 622 of the laws of Hong Kong) on 2 February 2018 and 6 August 2021, respectively. The Board further announced that following the resignation of Mr. Cheung, Mr. Yu Chung Leung (‘Mr. Yu’), an independent non-executive director of the Company, has been appointed as the chairman of the Audit Committee, Remuneration Committee and Nomination Committee with effect from 1 August 2022. Announcement • Jul 28
Oshidori International Holdings Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022 Oshidori International Holdings Limited provided earnings guidance for the six months ended 30 June 2022. The Board expects that the Group will record a net loss of HKD 30 million during the Period, compared with a net profit of HKD 899 million for the six months ended 30 June 2021. The Board considers that this anticipated loss is mainly attributable to (a) the absence of gain on bargain purchase for the Period when comparing with the previous period; and (b) the drop in total revenue due to the Group's more prudent approach in both provision of financial services as well as provision of credit and lending services. Announcement • Jul 26
Oshidori International Holdings Limited Appoints Yu Chung Leung as Independent Non-Executive Director The board of directors of Oshidori International Holdings Limited announced that Mr. Yu Chung Leung (Mr. Yu) has been appointed as an independent non-executive director and a member of the audit committee, nomination committee and remuneration committee of the Company with effect from 25 July 2022. Mr. Yu, aged 51, has over 28 years of experience in auditing and accounting. He holds a Master of Arts in international accounting from City University of Hong Kong. Mr. Yu is a member and an authorized supervisor of the Hong Kong Institute of Certified Public Accountants. He is a fellow member of The Association of Chartered Certified Accountants, a chartered tax adviser of The Taxation Institute of Hong Kong and a practising certified public accountant in Hong Kong. He is also a member of the Process Review Panel for the Financial Reporting Council. Mr. Yu has been an independent non-executive director of Narnia (Hong Kong) Group Company Limited since January 2019. Reported Earnings • Apr 30
Full year 2021 earnings released: HK$0.52 loss per share (vs HK$0.47 profit in FY 2020) Full year 2021 results: HK$0.52 loss per share (down from HK$0.47 profit in FY 2020). Net loss: HK$3.15b (down 212% from profit in FY 2020). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director William Lo was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 04
Oshidori International Holdings Limited, Annual General Meeting, Jun 13, 2022 Oshidori International Holdings Limited, Annual General Meeting, Jun 13, 2022. Agenda: To consider amendments to the Existing Bye-laws and adoption of the New Bye-laws. Reported Earnings • Apr 03
Full year 2021 earnings released: HK$0.52 loss per share (vs HK$0.47 profit in FY 2020) Full year 2021 results: HK$0.52 loss per share (down from HK$0.47 profit in FY 2020). Net loss: HK$3.15b (down 212% from profit in FY 2020). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 03
First half 2021 earnings released: EPS HK$0.15 (vs HK$0.001 loss in 1H 2020) The company reported a soft first half result with weaker revenues and profit margins, although earnings were improved. First half 2021 results: Revenue: -HK$2.07m (down 101% from 1H 2020). Net income: HK$899.5m (up HK$903.3m from 1H 2020). Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 01
Full year 2020 earnings released: EPS HK$0.47 (vs HK$0.062 loss in FY 2019) The company reported a soft full year result with weaker revenues and profit margins, although earnings were improved. Full year 2020 results: Revenue: HK$3.35b (down 1,567% from FY 2019). Net income: HK$2.82b (up HK$3.18b from FY 2019). Profit margin: 84% (down from 158% in FY 2019). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 73% 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 • Apr 01
Full year 2020 earnings released: EPS HK$0.47 (vs HK$0.062 loss in FY 2019) The company reported a soft full year result with weaker revenues and profit margins, although earnings were improved. Full year 2020 results: Revenue: HK$3.34b (down 1,564% from FY 2019). Net income: HK$2.82b (up HK$3.18b from FY 2019). Profit margin: 84% (down from 158% in FY 2019). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Mar 18
Oshidori International Holdings Limited to Report Fiscal Year 2020 Results on Mar 30, 2021 Oshidori International Holdings Limited announced that they will report fiscal year 2020 results on Mar 30, 2021 Is New 90 Day High Low • Feb 12
New 90-day high: HK$0.74 The company is up 9.0% from its price of HK$0.68 on 13 November 2020. The Hong Kong market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is up 19% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: HK$0.58 The company is down 32% from its price of HK$0.85 on 09 October 2020. The Hong Kong market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is up 8.0% over the same period. Announcement • Dec 16
High Rhine Limited acquired 3.6% in Satinu Resources Group Limited from Oshidori International Holdings Limited (SEHK:622) for approximately HKD 270 million. High Rhine Limited signed an agreement to acquire 3.6% in Satinu Resources Group Limited from Oshidori International Holdings Limited (SEHK:622) for approximately HKD 270 million on December 14, 2020. Under the terms, 45 million shares will be acquired at HKD 6.11 per share. the consideration will be paid under two installments of HKD 75 million by cashier order as a non-refundable payment upon signing the agreement and balance HKD 200 million shall be settled by issuance of a zero-coupon promissory note on completion.
For the year ended March 31, 2020, Satinu Resources Group Limited reported net loss of HKD 1.2 billion and for the period ending June 30, 2020 Satinu Resources Group Limited reported net assets of HKD 7.26 billion. The deal is subject to approval if applicable, the obtaining of all consents from government or regulatory authorities or third parties which are necessary. The sale proceeds will be used as the general working capital of the Oshidori International to finance the Oshidori International financial service segment as well as the Oshidori International integrated resort project in Japan. Grant Sherman Appraisal Limited acted independent valuer.
High Rhine Limited completed the acquisition of 3.6% in Satinu Resources Group Limited from Oshidori International Holdings Limited (SEHK:622) on December 14, 2020. Is New 90 Day High Low • Dec 08
New 90-day low: HK$0.64 The company is down 26% from its price of HK$0.87 on 09 September 2020. The Hong Kong market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is down 5.0% over the same period. Is New 90 Day High Low • Nov 11
New 90-day low: HK$0.67 The company is down 25% from its price of HK$0.89 on 13 August 2020. The Hong Kong market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is down 7.0% over the same period. Is New 90 Day High Low • Oct 20
New 90-day low: HK$0.75 The company is down 26% from its price of HK$1.02 on 22 July 2020. The Hong Kong market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is down 4.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: HK$0.81 The company is down 16% from its price of HK$0.96 on 26 June 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 Consumer Finance industry, which is up 6.0% over the same period. Announcement • Sep 17
High Rhine Limited completed the acquisition of 8.1% in Satinu Resources Group Limited from Oshidori International Holdings Limited (SEHK:622). High Rhine Limited signed an agreement to acquire 8.1% in Satinu Resources Group Limited from Oshidori International Holdings Limited (SEHK:622) for HKD 650 million on August 12, 2020. As per terms, 100 million shares will be acquired at HKD 6.5 per share. The consideration is payable in two installments. The first installment of HKD 200 million on or before August 18 2020 (which is already paid) and balance on or before December 31, 2020. Currently Oshidori International Holdings Limited holds 11.7% in Satinu Resources Group. For the year ended March 31, 2020, Satinu Resources Group Limited reported net loss of HKD 1.2 billion and net assets of HKD 7 billion. The deal is subject to approval from Board of Directors of High Rhine Limited and if applicable, the obtaining of all consents from government or regulatory authorities or third parties which are necessary. If the conditions precedent set out above have not been fulfilled or waived on or before the Long Stop Date the agreement shall cease. The deal will close on the third day of satisfaction of all conditions which are expected to be satisfied by the last day of six calendar months of the agreement. The sale proceeds will be used towards development of the comprehensive financial services. As a result of the transaction, total assets and net assets of Oshidori are expected to increase.
High Rhine Limited completed the acquisition of 8.1% in Satinu Resources Group Limited from Oshidori International Holdings Limited (SEHK:622) on September 16, 2020. The conditions precedent under the sale and purchase agreement have been fulfilled and the remaining balance of HKD 450 million is received from High Rhine Limited. Announcement • Aug 29
Oshidori International Holdings Limited Does Not Recommend the Payment of Dividend for the Six Months Ended 30 June 2020 The directors of Oshidori International Holdings Limited do not recommend the payment of a dividend for the six months ended 30 June 2020. The Directors declared an interim dividend of HKD 0.005 per share amounting to HKD 29,059,000 in respect of the six months ended 30 June 2019 and did not recommend a final dividend in respect of the year ended 31 December 2019. Announcement • Aug 22
Oshidori International Holdings Limited to Report First Half, 2020 Results on Aug 28, 2020 Oshidori International Holdings Limited announced that they will report first half, 2020 results on Aug 28, 2020 Announcement • Aug 13
High Rhine Limited signed an agreement to acquire 8.1% in Satinu Resources Group Limited from Oshidori International Holdings Limited (SEHK:622) for HKD 650 million. High Rhine Limited signed an agreement to acquire 8.1% in Satinu Resources Group Limited from Oshidori International Holdings Limited (SEHK:622) for HKD 650 million on August 12, 2020. As per terms, 100 million shares will be acquired at HKD 6.5 per share. The consideration is payable in two installments. The first installment of HKD 200 million on or before August 18 2020 (which is already paid) and balance on or before December 31, 2020. Currently Oshidori International Holdings Limited holds 11.7% in Satinu Resources Group. For the year ended March 31, 2020, Satinu Resources Group Limited reported net loss of HKD 1.2 billion and net assets of HKD 7 billion.The deal is subject to approval from Board of Directors of High Rhine Limited and if applicable, the obtaining of all consents from government or regulatory authorities or third parties which are necessary. If the conditions precedent set out above have not been fulfilled or waived on or before the Long Stop Date the agreement shall cease. The deal will close on the third day of satisfaction of all conditions which are expected to be satisfied by the last day of six calendar months of the agreement. The sale proceeds will be used towards development of the comprehensive financial services. As a result of the transaction, total assets and net assets of Oshidori are expected to increase. 