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    1516   KYG8569B1041

SUNAC SERVICES HOLDINGS LIMITED

(1516)
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Delayed Hong Kong Stock Exchange  -  04:08 2022-08-09 am EDT
3.100 HKD   +0.98%
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Sunac Services Holdings Limited Announces Retirement of Executive Director and Change of Joint Company Secretary and Alternate to Authorised Representative

06/09/2022 | 10:49am EDT

Sunac Services Holdings Limited announced that According to Article 83(3) of the Articles of Association, Mr. Xie Jianjun (Mr. Xie) was required to retire from office as a Director by rotation and was eligible for re-election at the Annual General Meeting. Mr. Xie had not sought for re-election as a Director at the Annual General Meeting due to his intention to devote more time to personal commitments. Accordingly, his retirement from the office of executive Director has taken effect upon the conclusion of the Annual General Meeting, and he has at the same time ceased to serve as the vice president of the Group. Ms. Wong Sau Ping ("Ms. Wong") from TMF Hong Kong Limited has resigned as a joint company secretary of the Company (Joint Company Secretary) due to changes in work arrangements, and she ceased to serve as the alternate to authorised representative of the Company (the Alternate to Authorised Representative) under Rule 3.05 of the Rules Governing the Listing of Securities (Listing Rules) on The Stock Exchange of Hong Kong Limited (Stock Exchange) and the agent for the acceptance of service of process and notices on behalf of the Company in Hong Kong (Process Agent) under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) and Rule 19.05 of the Listing Rules, with effect from 9 June 2022. Ms. Leung Shui Bing (Ms. Leung) from TMF Hong Kong Limited has been appointed as a Joint Company Secretary, the Alternate to Authorised Representative and the Process Agent, with effect from 9 June 2022.


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All news about SUNAC SERVICES HOLDINGS LIMITED
07/20Sunac Services to Vote Aug. 9 on Renewal of Property Management Contracts with Parent
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Analyst Recommendations on SUNAC SERVICES HOLDINGS LIMITED
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Financials
Sales 2022 10 303 M 1 526 M 1 526 M
Net income 2022 1 696 M 251 M 251 M
Net cash 2022 6 731 M 997 M 997 M
P/E ratio 2022 4,67x
Yield 2022 5,94%
Capitalization 8 150 M 1 207 M 1 207 M
EV / Sales 2022 0,14x
EV / Sales 2023 0,02x
Nbr of Employees 38 146
Free-Float 32,6%
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Mean consensus OUTPERFORM
Number of Analysts 18
Last Close Price 3,10 HKD
Average target price 7,15 HKD
Spread / Average Target 131%
EPS Revisions
Managers and Directors
Hongling Cao Chief Executive Officer & Executive Director
Man Yang CFO, Executive Director & Vice President
Meng De Wang Non-Executive Chairman
Li Hong Wang Independent Non-Executive Director
Ning Yao Independent Non-Executive Director
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