{"id":777016621,"date":"2024-06-21T09:29:04","date_gmt":"2024-06-21T12:29:04","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777016621"},"modified":"2026-04-22T08:54:50","modified_gmt":"2026-04-22T11:54:50","slug":"success-universe-appoints-cua-fong-ying-as-secretary","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/success-universe-appoints-cua-fong-ying-as-secretary","title":{"rendered":"Success Universe appoints Cua Fong Ying as secretary"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Cua Fong Ying has also been appointed as the company\u2019s authorised representative.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Macau.- The casino investor<strong> Success Universe Group\u00a0<\/strong>has appointed <strong>Cua Fong Ying<\/strong> as company secretary and authorised representative in place of <strong>Agnes Chiu Nam Ying<\/strong>, who tendered her resignation yesterday (June 20).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Cua Fong Ying joined Success Universe in 2006 and has been responsible for the group\u2019s company secretarial matters. She previously served as senior company secretarial manager. She is described as having \u201cextensive experience\u201d, having served in various companies listed on the Hong Kong Stock Exchange.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the company, Nam Ying confirmed that she has no disagreement with the board and there is no matter relating to her resignation that needed to be brought to the attention of the Stock Exchange or shareholders.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Success Universe stated: &#8220;The board would like to take the opportunity to express its sincere gratitude to Ms Chiu for her valuable contribution to the Company during her tenure of office and express its warmest welcome to Ms Cua on her new appointment.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/focusgn.com\/asia-pacific\/success-universe-posts-net-profit-of-us21-6m-for-2023\" target=\"_blank\" rel=\"noreferrer noopener\">For the full year 2023<\/a>, the company posted net profit of HK$169.3m (US$21.6m). Revenue was\u00a0<a href=\"https:\/\/focusgn.com\/asia-pacific\/success-universe-posts-us36-57m-loss-for-2022\" target=\"_blank\" rel=\"noreferrer noopener\">down 11 per cent in year-on-year terms<\/a> to approximately HK$101.9m while gross profit increased by 35 per cent to about HK$16.8m.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">From the&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/ponte-16-phase-3-construction-to-kick-off-this-year\" rel=\"noreferrer noopener\">casino hotel Ponte 16<\/a>, the company posted adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) of HK$334.1m (US$42.7m). The company\u2019s shared profit of the associates amounted to HK$143.7m (US$18.4m).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cua Fong Ying has also been appointed as the company\u2019s authorised representative.<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Success Universe Group has appointed Cua Fong Ying as its new Company Secretary and authorised representative, replacing Agnes Chiu Nam Ying. Ms. Cua, with extensive experience in Hong Kong Stock Exchange-listed companies, has been with the group since 2006. The company also reported its 2023 financial results, including a net profit of HK$169.3m and adjusted EBITDA of HK$334.1m from Ponte 16.","focusai_entities":"Cua Fong Ying, Agnes Chiu Nam Ying, Success Universe Group, Ponte 16, Hong Kong Stock Exchange","focusai_location":"Macau, Hong Kong","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.9), operator_casino (0.7), investor_analyst (1.0), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Governance Impact","query":"What are the strategic implications of this leadership transition for Success Universe Group's corporate governance framework and regulatory compliance posture?"},{"label":"2023 Financial Analysis","query":"How do Success Universe Group's 2023 financial results, particularly the revenue decline and EBITDA from Ponte 16, compare to peer performance within the Macau gaming vertical?"}],"footnotes":""},"categories":[157,16338],"tags":[23906,24463],"class_list":["post-777016621","post","type-post","status-publish","format-standard","hentry","category-business-news","category-east-asia-news","tag-macau-casinos","tag-success-universe-group"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777016621","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777016621"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777016621\/revisions"}],"predecessor-version":[{"id":777016658,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777016621\/revisions\/777016658"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777016621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777016621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777016621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}