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UBOX ONLINE: ANNUAL REPORT 2024
Hong Kong stock movement | UBOX ONLINE (02429) fell over 5% in the afternoon. Full circulation of Listed in Hong Kong approved by the Stock Exchange. The arbitration claim against the company was dismissed.
UBOX ONLINE (02429) fell over 5% in the afternoon. As of the time of writing, it has decreased by 4.55%, priced at 2.31 Hong Kong dollars, with a transaction volume of 10.715 million Hong Kong dollars.
UBOX ONLINE (02429.HK) received the ruling from the China International Economic and Trade Arbitration Commission.
On April 3rd, Gelonghui reported that UBOX ONLINE (02429.HK) announced regarding certain disputes arising from the investment agreement related to the management and affairs of its subsidiary Shenzhen Youfu, initiated by Guangzhou Fuhong Asia Vets Technology Co., Ltd. (as the applicant) against the company (as the respondent). The applicant alleges that the company failed to acquire 49% of the issued share capital of Shenzhen Youfu held by the applicant in accordance with the terms of the investment agreement. On April 3, 2025, the company received an arbitral award dated April 2, 2025, issued by the China International Economic and Trade Arbitration Commission ("Arbitration Commission").
UBOX ONLINE (02429) domestic unlisted shares "full circulation" have been filed.
Six shareholders of UBOX ONLINE plan to convert a total of 35,647,744 domestic unlisted shares held into overseas listed shares and list them for trading on the Hong Kong Stock Exchange.
UBOX ONLINE: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED DECEMBER 31, 2024
UBOX ONLINE (02429.HK) will hold a Board of Directors meeting on March 31 to approve the annual performance.
Gelonghui March 19丨UBOX ONLINE (02429.HK) announced that the company will hold a Board of Directors meeting on March 31, 2025, to approve the full-year performance of the company and its subsidiaries for the year ending December 31, 2024, as well as to consider the proposal for the final dividend distribution (if any).