TIDMWSL
RNS Number : 1833A
Worldsec Limited
25 September 2020
WORLDSEC LIMITED
Interim Report for the six months ended 30 June 2 020
Worldsec Limited
Interim Report for the six months ended 30 June 2020
The board (the "Board") of directors of Worldsec Limited (the
"Company") hereby submits the interim report on the Company and its
subsidiaries (collectively the "Group") for the six months ended 30
June 2020 (the "Interim Report").
For the period under review, the Group recorded a net loss of
US$265,000 (equivalent to loss per share of 0.31 US cent) against a
net loss of US$220,000 (equivalent to loss per share of 0.26 US
cent) for the corresponding six months in 2019. The increase in the
loss basically reflected (i) the lack of interest income following
the redemption by the issuer of a term loan in which the Group had
previously invested; and (ii) an increase in the negative change in
the fair value of the Group's financial assets that was recognised
through the profit and loss account under International Financial
Reporting Standard 9 ("IFRS 9").
During the period under review, the investment portfolio of the
Group comprised six investments:
ICBC Specialised Ship Leasing Investment Fund (the "ICBC Ship
Fund") - The Group's investment in the ICBC Ship Fund, which is
involved in marine vessel leasing, continued to provide a stable
return generating monthly dividends that amounted to a total of
US$48,000 for the six months ended 30 June 2020.
Agrios Global Holdings Ltd. ("Agrios") - Agrios, an investee
company of the Group listed on the Canadian Securities Exchange, is
the holding company of a data analytics driven agriculture
technology group that leases and manages property and equipment for
eco-sustainable agronomy and provides advisory services for
aeroponic cultivation to the cannabis industry. Being at an early
phase of development, the Agrios group has yet to achieve
profitability. On top of that, there has been a difficult operating
environment for the cannabis industry that has further been
disrupted by the COVID-19 pandemic. Under such circumstances, the
Agrios group has instituted a strategic review and has continued to
focus on improving operational efficiencies while reducing capital
requirements and operating expenses. Relying on the financial
hardship exemption for minority shareholder approval, the Agrios
group has arranged with a related party a credit facility of up to
US$3.5 million to mainly refinance the mortgage of its Shelton
cultivation facility in Washington, the United States. The Agrios
group has also undergone certain board and management changes,
including notably the resignation and departure of a number of
senior executives. Moreover, because of the COVID-19 situation,
Agrios has applied and has been granted relevant approval for a
delay in the filing of its audited annual financial statements for
the year ended 31 March 2020. In the absence of updated financial
information, Agrios share price performed poorly on generally low
trading volume. As a consequence, the fair value of the Group's
investment in Agrios was further marked down by the end of the
period under review.
ayondo Ltd. ("Ayondo") - Ayondo, an investee company of the
Group listed on the Catalist of the Singapore Exchange, is the
holding company of a financial technology group that previously
focused on social trading activity. The Ayondo group has had a
number of successes in recent months in fund raising and business
restructuring, moving steadily towards the goal of resuming trading
in Ayondo shares which has been suspended since 1 February 2019. On
3 March 2020, Ayondo obtained shareholder approval for the issue of
three convertible notes totalling S$9.9 million with a conversion
price of S$0.007 per Ayondo share to Golden Nugget Jinzhuan Limited
("Golden Nugget"), an operator of social investing platforms, and
Mr. Mamoru Taniya, a Golden Nugget shareholder. By 1 June 2020,
certain of these convertible notes were issued enabling the Ayondo
group to raise a total of S$2.5 million for working capital and
debt repayment purposes. The convertible notes that were issued
were subsequently converted into Ayondo shares and Golden Nugget
and Mr. Mamoru Taniya became the largest and second largest
shareholder of Ayondo with a shareholding of 22.60% and 12.31%
respectively. As part of the restructuring effort, on 29 July 2020,
Ayondo entered into a conditional sale and purchase agreement with
Speed Success Group Limited ("Speed Success") for the acquisition
(the "Proposed Acquisition") of the entire equity interest in Rich
Glory International Investment Limited ("Rich Glory"), a company
engaged in the business of licensed collateralised lending
specialising in residential mortgages, commercial mortgages and
shareholder loans. Due diligence on Rich Glory is currently
underway. The Proposed Acquisition, which will be subject to, inter
alia, shareholder and regulatory approval, will. if undertaken and
completed, constitute a reverse takeover involving the issue of
Ayondo shares, at an effective 39% discount to the volume weighted
average price of S$0.0459 for trades done on Ayondo shares shortly
prior to their trading suspension, to Speed Success who would then
become the single largest and controlling shareholder of
Ayondo.
Velocity Mobile Limited ("Velocity") - Velocity, an unlisted
investee company of the Group, is the holding company of a
technology group that operates mobile commerce platforms targeting
at premium consumers and focusing on the sectors of dining, travel,
experiences and luxury goods. The business of the Velocity group
was therefore expected to be badly hit by the COVID-19 pandemic.
Nevertheless, thanks to the premium nature of its customers, the
diversity of its product offerings and the resilience of the
growing contribution from its enterprise clients, coupled with the
adoption of stringent cost control, the Velocity group was able to
meaningfully contain the pandemic shock, and even though there was
a decline in revenue, cash flow from operations continued to
improve. With the launch of a new proprietary commerce engine,
Gravity, an agent-facing software that utilises automation and
artificial intelligence in the management of inventory, supply
arrangements, requests, bookings, payments, client conversations
and contents, gross profit margin was largely upheld
notwithstanding the challenging conditions under the COVID-19
pandemic. The Velocity group also reached an important milestone by
securing the renewal of its first ever contract for Velocity for
Business, a white-label product designed for its enterprise
clients. In many ways, the COVID-19 pandemic is an accelerant of
existing megatrends, including the advancement of mobile commerce,
from which the Velocity group, with an asset-light business model
that is capable of quickly tailoring its product offerings to meet
customer needs under changing market conditions, is well positioned
to benefit. This offers the potential for the Velocity group to
continue to grow once the negative impact from the health crisis
subsides. In fact, Velocity was ranked by Beauhurst Limited, a
financial market analytics firm, as the third fastest growing
company in the United Kingdom in 2019.
Oasis Education Group Limited ("Oasis Group") - Oasis Group is a
50% joint venture of the Group. The operating subsidiary of Oasis
Group, Oasis Education Consulting (Shenzhen) Company Limited ( ( )
), provides consulting and support services to the Huizhou
Kindergarten, which is located in the Guangdong Province in China.
The operations of the Huizhou Kindergarten were adversely affected
by the COVID-19 pandemic. Owing to the social restraining order
that was imposed and the fear of spreading the disease among the
pupils, classes were suspended for more than three months during
the early part of 2020. Various measures have consequently been
taken to reduce operating costs and staff expenses. On a brighter
note, the Huizhou Kindergarten, which graduated 69 pupils in the
summer of 2020, has successfully enrolled 103 new pupils for the
academic term commencing in September 2020, bringing its total
pupil enrolment to 237.
Beijing ByteDance Technology Co. Ltd. ("ByteDance") through the
Unicorn Equity Investment Portfolio Class D Shares of the Homaer
Asset Management Master Fund SPC-Headquartered in Beijing, China,
ByteDance is an unlisted technology group operating machine
learning-enabled content platforms across cultures and geographies.
The ByteDance group has a portfolio of mobile applications that is
available in over 150 markets and 75 languages and that includes
Douyin, Toutiao, TikTok, Xigua Video, Helo, Lark and Babe. On the
back of a surge in mobile application downloads and installs
following lockdown restrictions imposed in the wake of the COVID-19
pandemic, the platforms of the ByteDance group have enjoyed a
substantial boost in usage. However, in its quest for global
expansion, ByteDance faces a major challenge in navigating the
geopolitical landscape under rising nationalist sentiment. With a
simmering Himalayan border dispute between China and India, the
Indian Government has recently banned over 200 Chinese mobile
applications, including TikTok. TikTok, the highly popular
short-form video-sharing product of the ByteDance group which has
consistently topped the mobile application download list and which
has caught significant attention in the international arena, has
also been accused of posing national security threat to the United
States. In response to the executive orders from the Trump
Administration in connection with its interest in TikTok, ByteDance
is proposing to team up with two American firms, Oracle Corporation
and Walmart Inc., in a deal that would involve the setting up of a
new entity to be responsible for running most of the TikTok
business of the ByteDance group. The proposed deal will be subject
to the approval by the United States Government and the Chinese
Government and the final outcome accordingly remains uncertain.
Given the unfavourable and inimical geopolitical
climate that prevails, ByteDance may have to revise and modify
the expansion strategy and approach it has adopted in advancing its
global ambition. Meantime, the enormous domestic market in China
will continue to provide excellent opportunities for the ByteDance
group to pursue growth.
PROSPECTS
The lockdown restrictions imposed under the COVID-19 pandemic
have evidently altered the behaviours and habits of the mobile
application users. They are spending more time and placing more
reliance on their mobile devices for work, information,
socialising, entertainment, accessing services and making
purchases. This is likely to have a lasting effect on the mobile
application economy which would be beneficial for the development
of the Velocity group and the ByteDance group. In the near term,
however, apart from the continued contribution of a stable stream
of monthly dividends from the ICBC Ship Fund, the other investments
of the Group are not expected to contribute to the Group's results
in any meaningful way, except for any positive or negative fair
value change that may be recognised under IFRS 9.
By order of the Board
Alastair GUNN-FORBES
Non-Executive Chairman
25 September 2020
PRINCIPAL RISKS AND UNCERTAINTIES
The Group is exposed to a number of principal risks and
uncertainties that could materially and adversely affect its
performance for the remaining six months of the year ending 31
December 2020 and beyond. Such risks and uncertainties, the
directors believe, remain basically unchanged from those,
including, in particular, target market risk, operational risks and
financial risks, set out on pages 11 and 12 of the Company's 201 9
Annual Report.
RESPONSIBILITY STATEMENT
The Board, comprising Alastair GUNN-FORBES, Henry Ying Chew
CHEONG, Ernest Chiu Shun SHE, Mark Chung FONG, Martyn Stuart WELLS
and Stephen Lister d'Anyers WILLIS, confirms to the best of its
knowledge and understanding that:
(a) the unaudited consolidated financial statements of the Group
for the six months ended 30 June 2020 have been prepared in
accordance with International Accounting Standard 34 as adopted by
the European Union and give a true and fair view of its assets,
liabilities and financial position at that date and its net loss
for the period then ended; and
(b) the Interim Report includes a fair review of the
information, such as important events and related party
transactions that took place during the six months ended 30 June
2020, that is required by Disclosure Guidance and Transparency
Rules 4.2.7R and 4.2.8R.
CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE
INCOME
FOR THE SIX MONTHSED 30 JUNE 2020
Unaudited
Six months ended
Notes 30.6.2020 30.6.2019
US$'000 US$'000
Revenue 4 48 84
Other income, gains and losses, net 5 (56) (25)
Staff costs 7 (131) (140)
Other expenses (121) ( 131 )
Finance costs 8 (1) (3)
Share of losses of a joint venture (4) (5)
-------------- ----------------
Loss before income tax expense (265) (220)
Income tax expense 9 - -
-------------- ----------------
Loss for the period (265) (220)
============== ================
Other comprehensive income, net of income tax
Exchange differences on translating foreign operations - -
Other comprehensive loss for the period,
net of income tax - -
-------------- ----------------
Total comprehensive loss for the period (265) (220)
============== ================
Loss for the period attributable to:
Owners of the Company (265) (220)
============== ================
Total comprehensive loss for the period attributable to:
Owners of the Company (265) (220)
============== ================
Loss per share - basic and diluted 10 US(0.31) cent US( 0.26 ) cent
============== ================
The accompanying notes form an integral part of these interim
financial statements.
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
AT 30 JUNE 2020
Unaudited Audited
As at As at
Notes 30.6.2020 31.12.2019
US$'000 US$'000
Non-current assets
Right-of-use assets 20 59
Interest in a joint venture 83 87
Financial assets at f air value through profit or loss 2,408 2,470
2,511 2,616
---------- -----------
Current assets
Other receivables 394 393
Deposits and prepayments 31 28
Amount due from a joint venture 257 257
Cash and cash equivalents 1,305 1,612
---------- -----------
1,987 2,290
---------- -----------
C urrent liabilities
Other payables and accruals 42 145
Lease liabilities 20 60
---------- -----------
62 205
---------- -----------
Net current assets 1,925 2,085
---------- -----------
Net assets 4,436 4,701
========== ===========
Capital and reserves
Share capital 11 85 85
Reserves 4,351 4,616
---------- -----------
Total equity 4,436 4,701
========== ===========
The accompanying notes form an integral part of these interim
financial statements.
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
FOR THE SIX MONTHSED 30 JUNE 2020
Foreign
Contri- Share currency Accumu-
Share Share buted option translation Special lated
capital premium surplus reserve reserve reserve losses Total
US$'000 US$'000 US$'000 US$'000 US$'000 US$'000 US$'000 US$'000
Balance as
at 1 January
2019 85 7,524 9,646 206 (30) 625 (12,687) 5,369
Loss and total
comprehensive
loss for the
period - - - - - - (220) (220)
Recognition
of share-based
payments - - - 13 - - - 13
------- ------- ------- ------- ----------- ------- -------- -------
Balance as ( 12
at 30 June 7 , , 907
2019 (Unaudited) 85 524 9,646 219 (30) 625 ) 5, 162
======= ======= ======= ======= =========== ======= ======== =======
Balance as
at 1 January
2020 85 7,524 9,646 249 (37) 625 (13,391) 4,701
Loss and total
comprehensive
loss for the
period (265) (265)
Balance as
at 30 June
2020 (Unaudited) 85 7,524 9,646 249 (37) 625 (13,656) 4,436
==== ======= ======= === ==== === ======== =====
The accompanying notes form an integral part of these interim
financial statements.
CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE SIX MONTHSED 30 JUNE 2020
Unaudited
Six months ended
30.6.2020 30.6.2019
US$'000 US$'000
C ash flow from operating activities
Loss for the period (265) (220)
Adjustments for:
Bank interest income - (1)
Depreciation of right-of-use assets 39 39
Share-based payment expenses - 13
Interest expense 1 3
Share of losses of a joint venture 4 5
Gain on disposal of financial assets at fair value through (2) -
profit or loss 62 26
Change in fair value of financial assets at fair value through profit or loss
---------- ----------
Operating loss before working capital changes (161) (135 )
(Increase)/decrease in deposits and prepayments (3) 1
Increase in other receivables (1) -
Decrease in other payables and accruals (103) (86)
---------- ----------
Net c ash used in operati ng activities (268) (220)
---------- ----------
C ash flow from investing activities
Investment in financial assets at fair value through (114) -
profit or loss
Proceeds from disposal of financial assets at fair value through 116 -
profit or loss
Bank interest income received - 1
---------- ----------
Net cash from investing activities 2 1
---------- ----------
C ash flow from financing activities
Repayment of principal portion of lease liabilities (40) (37)
Repayment of interest portion of lease liabilities (1) (3)
---------- ----------
Net cash used in financing activities (41) (40)
---------- ----------
N et decrease in cash and cash equivalents (307) (259)
C ash and cash equivalents at beginning of the period 1,612 2,607
Effects of exchange rate changes - -
C ash and cash equivalents at end of the period
Cash and bank balances 1,305 2,348
========== ==========
The accompanying notes form an integral part of these interim
financial statements.
NOTES TO THE INTERIM FINANCIAL STATEMENTS
FOR THE SIX MONTHSED 30 JUNE 2020
1. GENERAL INFORMATION
The Company is an exempted company incorporated in Bermuda and
has a premium listing on the Main Market of the London Stock
Exchange. The addresses of the registered office and principal
place of business of the Company are disclosed in the corporate
information in the Interim Report.
2. BASIS OF PREPARATION
This unaudited consolidated financial statements of the Company
and its subsidiaries (the "Group") for the six months ended 30 June
2020 (the "Interim Financial Statements") have been prepared in
accordance with International Accounting Standard 34 ("IAS 34")
issued by the International Accounting Standards Board ("IASB") as
adopted by the European Union.
The Interim Financial Statements do not include all of the
information required in annual financial statements in accordance
with International Financial Reporting Standards ("IFRS"),
International Accounting Standards ("IAS"), Interpretations adopted
by the European Union ("EU"), Interpretations adopted by the
International Financial Reporting Interpretations Committee
("IFRIC") and Interpretations adopted by the Standing
Interpretations Committee ("SIC") (collectively referred to as the
"IFRSs"), and should be read in conjunction with the annual
financial statements of the Group for the year ended 31 December
2019. The Interim Financial Statements are neither audited nor
reviewed by the Group's auditor.
Save as described in note 3 "Adoption of new and revised IFRSs",
which are effective for the Group's financial year beginning on 1
January 2020, the accounting policies adopted in the Interim
Financial Statements are consistent with those used in the
preparation of the Group's annual financial statements for the year
ended 31 December 2019.
The Interim Financial Statements have been prepared on a going
concern basis using the historical cost conversion except for
certain financial instruments, which are stated at fair value, as
appropriate.
The preparation of the Interim Financial Statements in
conformity with IAS 34 as adopted by the European Union requires
management to make judgments, estimates and assumptions that affect
the application of accounting policies and reported amounts of
assets, liabilities, income and expenses on a year to date basis.
Actual results may differ from these estimates.
3. ADOPTION OF NEW AND REVISED IFRSs
The Group has applied the same accounting policies in the
Interim Financial Statements as in its 2019 annual consolidated
financial statements, except that it has adopted the following
amendments to IFRS:
Amendments to IAS 1 Definition of Material
and IAS 8
The application of the above revised IFRS in the current interim
period had no material effect on the amounts reported in the
Interim Financial Statements and/or disclosures set out in the
Interim Financial Statements.
NOTES TO THE INTERIM FINANCIAL STATEMENTS
FOR THE SIX MONTHSED 30 JUNE 2020
4. REVENUE
The Group's revenue represents dividend income from financial
assets at fair value through profit or loss and interest income
from other financial assets at amortised cost for the periods ended
30 June 2020 and 2019. An analysis of the Group's revenue from
principal activities is as follows:
Unaudited
Six months ended
30.6.2020 30.6.2019
US$'000 US$'000
Dividend income from financial assets
at fair value through profit or loss 48 48
Interest income from other financial
assets at amortised cost - 36
---------- ----------
48 84
========== ==========
5. OTHER INCOME, GAINS AND LOSSES, NET
Unaudited
Six months ended
30.6.2020 30.6.2019
US$'000 US$'000
Bank interest income
Gain on disposal of financial assets - 1
at fair value through profit or loss 2 -
Change in fair value of financial
assets at fair value through profit (62) (26)
or loss
Foreign exchange gain, net 4 -
---------- ----------
(56) (25)
========== ==========
6. BUSINESS AND GEOGRAPHICAL SEGMENTS
No business and geographical segment analyses are presented for
the periods ended 30 June 2020 and 2019 as the major operations and
revenue of the Group arose from Hong Kong. The Board considers that
most of the non-current assets (other than the financial
instruments) of the Group were located in Hong Kong.
7. STAFF COSTS
The aggregate staff costs (including directors' remuneration)
of the Group were as follows:
Unaudited
Six months ended
30.6.2020 30.6.2019
US$'000 US$'000
Wage and salaries 128 124
Contribution to pension and provident
fund 3 3
Share-based payments (note 13) - 13
---------- ----------
131 140
========== ==========
NOTES TO THE INTERIM FINANCIAL STATEMENTS
FOR THE SIX MONTHS ENDED 30 JUNE 2020
7. STAFF COSTS (CONTINUED)
Key management personnel of the Company are the directors
only.
The directors' remuneration was as
follows:
Unaudited
Six months ended
30.6.2020 30.6.2019
US$'000 US$'000
Directors' fees 37 33
Share-based payments (note 13) - 11
Other remuneration including contribution
to pension and provident fund - -
37 44
========== ==========
8. FINANCE COSTS
Unaudited
Six months ended
30.6.2020 30.6.2019
US$'000 US$'000
Interest on lease liabilities 1 3
========== ==========
9. INCOME TAX EXPENSE
No provision for taxation had been made as the Group did not
generate any assessable profits for United Kingdom Corporation Tax,
Hong Kong Profit s Tax or tax in other jurisdictions.
10. LOSS PER SHARE
The loss and weighted average number of ordinary shares used
in the calculation of basic and diluted loss per share were
as follows.
Unaudited
Six months ended
30.6.2020 30.6.2019
Loss for the period attributable to
owners of the
Company (US$'000) (265) (220)
============= =============
Weighted average number of ordinary
shares for the purposes of
basic and diluted loss per share 85,101,870 85,101,870
============= =============
Loss per share - basic and diluted US(0.31) US(0.26)
cent cent
============= =============
Diluted loss per share was the same as basic loss per share for
the six months ended 30 June 2020 and 2019 as the impact of the
potential dilutive ordinary shares outstanding had an anti-dilutive
effect on the basic loss per share presented for the six months
ended 30 June 2020 and 2019.
NOTES TO THE INTERIM FINANCIAL STATEMENTS
FOR THE SIX MONTHS ENDED 30 JUNE 2020
11. SHARE CAPITAL
Number of Total value
shares US$'000
Authorised:
Ordinary shares of US$0.001 each
At 1 January 2019, 31 December 2019,
1 January 2020 and
30 June 2020 60,000,000,000 60,000
================= ============
Called up, issued and fully paid:
Ordinary shares of US$0.001 each
At 1 January 2019, 31 December 2019,
and 1 January 2020 and 30 June 2020 85,101,870 85
================= ============
12. RELATED PARTY TRANSACTIONS
Other than the compensation of key management personnel
disclosed below, the Group did not have any related party
transactions during the six months ended 30 June 2020 and 2019.
Compensation of key management personnel
The remuneration of directors is set out in note 7 to the
Interim Financial Statements.
13. SHARE-BASED PAYMENTS
The Company operates an equity-settled share-based remuneration
scheme for the employees and directors.
On 29 May 2019, the Company granted to certain eligible persons
a total of 2,050,000 share options to subscribe for ordinary shares
of US$0.001 each in the share capital of the Company under the
Worldsec Employee Share Option Scheme 1997 (the "Scheme") which was
revised on 24 September 2014. The share options vested six months
from the date of grant and were then exercisable within a period of
10 years.
The fair value of the share options granted under the Scheme
during the period ended 30 June 2019 was determined at the grant
date to be US$77,000.
The share-based payment expenses of US$13,000 were charged to
the profit or loss account of the Group during the period ended 30
June 2019.
No share option was exercised, expired or lapsed under the
Scheme during the period ended 30 June 2019.
For the period ended 30 June 2020, no share option was granted,
exercised, expired or lapsed under the Scheme.
14. CONTINGENT LIABILITIES
The Group had no material contingent liabilities at 30 June 2020
(31 December 2019: nil).
15. INTERIM REPORT
The Interim Report was approved and authorised for issue by the
Board on 25 September 2020.
CORPORATE INFORMATION
Board of D irectors
Non-Executive Chairman
Alastair GUNN-FORBES*
Executive D irector s
Henry Ying Chew CHEONG (Deputy Chairman)
Ernest Chiu Shun SHE
Non- E xecutive D irectors
Mark Chung FONG*
Martyn Stuart WELLS*
Stephen Lister d'Anyers WILLIS*
* independent
Company S ecretary
Vistra Company Secretaries Limited
First Floor, Templeback, 10 Temple Back, Bristol BS1 6FL, United
Kingdom
Assistant Company Secretary
Ocorian Services (Bermuda) Limited
Victoria Place, 5th Floor, 31 Victoria Street, Hamilton HM 10,
Bermuda
Registered O ffice A ddress
Victoria Place, 5th Floor, 31 Victoria Street, Hamilton HM 10,
Bermuda
Registration N umber
EC21466 Bermuda
Principal B anker
The Hongkong and Shanghai Banking Corporation Limited
1 Queen's Road, Central, Hong Kong
External Auditor
BDO Limited
25(th) Floor, Wing On Centre , 111 Connaught Road Central, Hong
Kong
Principal S hare R egistrar and T ransfer O ffice
Ocorian Management (Bermuda) Limited
Victoria Place, 5th Floor, 31 Victoria Street, Hamilton HM 10,
Bermuda
International B ranch R egistrar
Link Market Services (Jersey) Limited
12 Castle Street, St Helier, Jersey, JE2 3RT, Channel
Islands
United Kingdom T ransfer A gent
Link Asset Services
The Registry, 34 Beckenham Road, Beckenham, K ent, BR3 4TU,
United Kingdom
Investor R elations
For further information about Worldsec Limited, please
contact:
Henry Ying Chew CHEONG
Executive Director
Worldsec Group
Unit 607, 6th Floor, FWD Financial Centre, 308 Des Voeux Road
Street, Central, Sheung Wan, Hong Kon g
enquiry@worldsec.com
Company's Website
http://www.worldsec.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
IR KKPBPBBKDOCB
(END) Dow Jones Newswires
September 25, 2020 09:07 ET (13:07 GMT)
Worldsec Ld (LSE:WSL)
Historical Stock Chart
From Feb 2025 to Mar 2025
Worldsec Ld (LSE:WSL)
Historical Stock Chart
From Mar 2024 to Mar 2025
