Phoenix Plus Corp. Amends 2023 Annual Report

TL;DR

Phoenix Plus Corp. filed an amendment to its 2023 10-K. Check for updates.

AI Summary

Phoenix Plus Corp. filed an amendment (No. 2) to its 2023 annual report on May 22, 2024, for the fiscal year ending July 31, 2023. The company, incorporated in Nevada with its principal business address in Kuala Lumpur, Malaysia, operates in the construction special trade contractors sector. This filing is an amendment to their previous 10-K report.

Why It Matters

This amendment provides updated or corrected information for investors and regulatory bodies regarding Phoenix Plus Corp.'s financial performance and operations for the fiscal year 2023.

Risk Assessment

Risk Level: low — This filing is an amendment to a previous annual report and does not appear to introduce new material financial events or significant changes.

Key Numbers

• 2023 — Fiscal Year End (The report covers the fiscal year ending July 31, 2023.)
• Amendment No. 2 — Filing Type (This is the second amendment to the annual report.)

Key Players & Entities

• Phoenix Plus Corp. (company) — Registrant
• 2023 (date) — Fiscal year end
• May 22, 2024 (date) — Filing date
• Nevada (jurisdiction) — State of incorporation
• Kuala Lumpur, Malaysia (location) — Business address

FAQ

Key Financial Figures

• $0.0001 — ach Class Common Stock with par value $0.0001 Indicate by check mark if the registr
• $0.01 — he registrant's common stock, par value $0.01 per share, outstanding as of May 20, 20

Filing Documents

• form10-ka.htm (10-K/A) — 78KB
• ex3-1.htm (EX-3.1) — 2KB
• ex3-2.htm (EX-3.2) — 2KB
• ex31-1.htm (EX-31.1) — 16KB
• ex32-1.htm (EX-32.1) — 8KB
• ex3-1_001.jpg (GRAPHIC) — 419KB
• ex3-2_001.jpg (GRAPHIC) — 582KB
• 0001493152-24-020982.txt ( ) — 1704KB
• pxpc-20230731.xsd (EX-101.SCH) — 3KB
• pxpc-20230731_lab.xml (EX-101.LAB) — 35KB
• pxpc-20230731_pre.xml (EX-101.PRE) — 23KB
• form10-ka_htm.xml (XML) — 7KB

Controls and Procedures

Controls and Procedures. Disclosure

Controls and Procedures

Controls and Procedures We carried out an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) as of July 31, 2023. This evaluation was carried out under the supervision and with the participation of our Chief Executive Officer. Based upon that evaluation, our Chief Executive Officer concluded that, as of July 31, 2023, our disclosure controls and procedures were not effective due to the presence of material weaknesses in internal control over financial reporting. Internal Control Over Financial Reporting Our management, mainly our chief executive officer, is responsible for establishing and maintaining adequate internal control over financial reporting. Internal control over financial reporting is defined in Rule 13a-15(f) or 15d-15(f) promulgated under the Exchange Act as a process designed by, or under the supervision of, the company's chief executive officer and effected by the company's board of directors, management and other personnel, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America and includes those policies and procedures that: Pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of the assets of the company; Provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with accounting principles generally accepted in the United States of America and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposit

SIGNATURES

SIGNATURES Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: May 22, 2024 By: /s/ LEE CHONG CHOW Pursuant to the requirements of the Securities Exchange Act of 1934, this Report has been signed below by the following person on behalf of the Registrant and in the capacities and on the dates indicated. Signature Title Date /s/ LEE CHONG CHOW Chief Executive Officer and Director May 22, 2024 Lee Chong Chow (Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer) 4

View Full Filing

View this 10-K/A filing on SEC EDGAR