Zengame exits UBS wealth products, reports $0.6m gain

Zengame Technology Holding Limited announced the full redemption of its Money Market Fund investments with UBS, totaling approximately $26.5 million. These redemptions, carried out between March and October 2025, resulted in a total unaudited gain of approximately $0.6 million for the Group. The proceeds are intended for general working capital and potential short-term investments.

The redemptions occurred in two tranches: $5.2 million on March 4, 2025, and $21.3 million on October 13, 2025, with annual return rates of 4.81% and 4.70% respectively. As of the announcement date, Zengame no longer holds any outstanding wealth management products issued by UBS.

These redemptions are classified as a discloseable transaction under Chapter 14 of the Listing Rules, subject to reporting and announcement requirements but exempt from shareholders' approval. The company stated these actions align with its treasury management policy to optimize cash and bank balances.