Zengame Technology Holding Limited Announces Redemptions of Wealth Management Products
Zengame Technology Holding Limited's board of directors announces that the company has redeemed two money market funds issued by UBS AG, totaling approximately USD26.5 million, between March 2025 and October 2025. The redemptions resulted in a gain of approximately USD0.6 million, with the redemption proceeds placed into bank deposits. The company has fully redeemed its investment in the money market funds and does not hold any outstanding wealth management products issued by UBS.
Key Takeaways:
- The company redeemed two money market funds issued by UBS AG, totaling approximately USD26.5 million, between March 2025 and October 2025.
- The redemptions resulted in a gain of approximately USD0.6 million.
- The redemption proceeds have been or will be placed into bank deposits.
- The company has fully redeemed its investment in the money market funds and does not hold any outstanding wealth management products issued by UBS.
- The redemptions constitute discloseable transactions of the company under Chapter 14 of the Listing Rules of the Stock Exchange of Hong Kong Limited.
Statistics:
- Approximately USD26.5 million was redeemed from money market funds issued by UBS AG.
- The total gain derived from the redemptions was approximately USD0.6 million.
- The redemption proceeds have been or will be placed into bank deposits.
Sources:
- "ANNOUNCEMENT", Zengame Technology Holding Limited, 13 October 2025, https://www1.hkexnews.hk/listedco/listconews/sehk/2025/1013/2025101300883.pdf