CLSA Premium sees losses widen in H1 2021
Hong Kong-focused Forex broker CLSA Premium Ltd reports a net loss of HK$29.98 million for the 2021 Interim Period.
Hong Kong-focused Forex broker CLSA Premium Ltd reports a net loss of HK$29.98 million for the 2021 Interim Period.
For the six months ended 30 June 2021, the Board expects CLSA Premium to record a net loss of approximately HK$30 million.
Wu Fei has tendered his resignation as the executive Director and general manager of CLSA Premium.
Forex broker CLSA Premium sets aside HK$5.6 million as provision for a penalty to be imposed by New Zealand’s FMA.
CLSA Premium expects to record a consolidated net loss of approximately HK$72 million for 2020.
Stephen Gregory McCoy is set to resign as non-executive Director of CLSA Premium, effective March 9, 2021.
The shareholders of CLSA Premium have voted against a resolution to wind up the Hong Kong-focused Forex broker.
The Board of CLSA Premium is of the opinion that the proposed winding up of the company is not in the best interests of the shareholders.
One of the shareholders, KVB Holdings Limited, has requested another vote on a proposal to wind up the brokerage.