18th Aug 2026 10:57
Asia Wealth Group Holdings Ltd - Bangkok-based investment holding company seeking to acquire Asian and European wealth management companies with potential to expand in Asia - Pretax profit multiplies to USD31,840 in the financial year that ended February 28 from just USD2,004 the year before. Commission income declines 24% to USD730,789 from USD962,319, but Asia Wealth benefits from a USD158,752 foreign exchange gain, compared to USD27,202 the year before. The commission income comes from subsidiary Meyer Asset Management Ltd. Total assets are USD2.2 million at the year-end, including USD841,827 in cash, down marginally from USD2.4 million a year before, with USD1.1 million in cash. Read More