Wong International : Supplemental Announcement in relation to the 2019 Annual Report
August 18, 2020 at 05:06 am EDT
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
WONG'S INTERNATIONAL HOLDINGS LIMITED
王氏國際集團有限公司
(Incorporated in Bermuda with limited liability)
(Stock Code: 99)
SUPPLEMENTAL ANNOUNCEMENT
IN RELATION TO
THE 2019 ANNUAL REPORT
Reference is made to the annual report of Wong's International Holdings Limited (the
Company", together with its subsidiaries, the " Group") for the year ended 31 December 2019 published on 27 April 2020 (the " Annual Report"). Unless the context otherwise requires, capitalized terms used in this announcement shall have the same meanings as those defined in the Annual Report. This announcement is supplemental to and should be read in conjunction with the Annual Report.
OTHER OPERATING EXPENSES
Further to the information set out in the Annual Report, the Board wishes to provide supplemental information in respect of the other operating expenses of the Group for the year ended 31 December 2019.
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Other operating expenses are analysed as follows:
2019
2018
HK$'000
HK$'000
Auditor's remuneration
3,281
3,221
Bank charges
2,490
2,317
Building management fees
13,846
14,392
Chemicals and consumables
26,678
29,856
Commission fees
4,762
298
Cleaning expenses
3,854
3,318
Entertainment expenses
1,170
1,352
Government rent and rates
3,224
3,675
Government surcharges
11,370
9,630
Insurance charges
2,095
1,890
Legal and professional fees
9,175
12,520
Motor vehicle expenses
4,835
5,278
Office and factories expenses
4,062
4,672
Operating lease rental in respect of land and buildings
-
14,421
Operating lease rental in respect of short-term lease
217
-
Recruitment, training and other staff welfares expenses
5,779
6,827
Repairs and maintenances
17,442
19,089
Security expenses
3,332
3,278
Travelling expenses
3,873
3,514
Transportation
30,922
34,064
Utility expenses
22,465
24,355
Others
7,918
9,469
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TOTAL:
182,790
207,436
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On behalf of the Board
WONG CHUNG MAT, BEN
Chairman and Chief Executive Officer
Hong Kong, 18 August 2020
As at the date of this announcement, the Executive Directors of the Company are Mr. Wong Chung Mat, Ben, Ms. Wong Yin Man, Ada, Dr. Chan Tsze Wah, Gabriel, Mr. Wan Man Keung and Mr. Hung Wing Shun, Edmund; and the Independent Non-executive Directors are Dr. Li Ka Cheung, Eric GBS, OBE, JP, Dr. Yu Sun Say GBM, JP, Mr. Alfred Donald Yap JP and Mr. Cheung Chi Chiu, David.
Website: www.wih.com.hk
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Wong's International (Holdings) Ltd. published this content on 18 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 August 2020 09:05:12 UTC
Wongâs International Holdings Ltd is an investment holding company principally engaged in the provision of electronic manufacturing services. The Company operates its business through two segments. The Electronic Manufacturing Service (EMS) segment is engaged in the manufacture and distribution of electronic products for EMS customers. The Property Investment segment is engaged in the development, sale and lease of properties.