Top Financial Group announces annual meeting details

Published 12/06/2025, 22:54
Top Financial Group announces annual meeting details

Top Financial Group Ltd, a Hong Kong-based firm specializing in securities and commodities brokerage services with a market capitalization of approximately $10 million, announced today the details of its upcoming annual meeting of shareholders. According to InvestingPro analysis, the company appears undervalued based on its Fair Value estimates. The information was disclosed in a report filed with the U.S. Securities and Exchange Commission (SEC) on Thursday, June 12, 2025.

The report, filed as Form 6-K, serves as an amended and restated proxy statement and includes a notice of the annual meeting for shareholders. The document outlines the specifics regarding the event, although the exact agenda and proposals to be discussed were not detailed in the provided excerpt.

Top Financial Group Ltd, previously known as Zhong Yang Financial Group Ltd, operates under the organization name 09 Crypto Assets. The company maintains a strong financial position with more cash than debt on its balance sheet and a healthy current ratio of 11.22. The company’s fiscal year ends on March 31st, and it is incorporated in the jurisdiction of E9, with its principal executive offices located at 118 Connaught Road West, Room 1101, Hong Kong.

The filing confirms that the company will not file annual reports under cover of Form 20-F or Form 40-F, indicating that it adheres to different reporting standards as a foreign private issuer.

The announcement concludes with a formal signature by Ka Fai Yuen, the Chief Executive Officer of Top Financial Group Ltd, who is duly authorized to sign the report on behalf of the registrant in accordance with the requirements of the Securities Exchange Act of 1934.

The SEC filing provides shareholders and potential investors with the necessary information to participate in the company’s governance and decision-making processes. It is a routine disclosure that publicly traded companies are required to make to ensure transparency and compliance with regulatory standards.

This news article is based on a press release statement from the SEC filing by Top Financial Group Ltd.

In other recent news, Alset Inc. has entered into a Stock Purchase Agreement to acquire New Energy Asia Pacific Inc. for $83 million. This transaction involves a convertible promissory note with a 1% annual interest rate, convertible into Alset’s common stock at $3.00 per share before maturity. The acquisition aligns with Alset’s focus on sustainable solutions and is pending approval by the company’s majority shareholders. The Board of Directors and Audit Committee have already approved the transaction, confirming its financial fairness to shareholders.

In related developments, QMMM Holdings Limited has announced the date for its annual shareholder meeting, set for March 13, 2025. The meeting will take place at the company’s principal executive offices in Hong Kong, where various corporate matters will be discussed. Shareholders will receive essential documents, including a proxy statement and a proxy card, to facilitate the voting process. QMMM Holdings files its annual reports under Form 20-F, ensuring transparency and compliance with U.S. regulatory requirements. These recent developments provide investors with critical insights into the strategic moves and governance practices of both Alset Inc. and QMMM Holdings Limited.

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