Chinese Strategic Holdings Limited 華人策略控股有限公司

China Railway Investments Group (HK) Ltd v Eternity Profit Investments Ltd & Chinese Strategic Holdings Ltd (8089)
HK Court of First Instance, 16-Jul-2014
Chinese Strategic (8089) subscribes HK$43.2m convertible note in HKBLA (0145)HKBLA announcement
Company announcement, 7-Feb-2014
PME (0379) director Ivy Chan Shui Sheung acquitted
SFC, 8-Nov-2013
Criticism of China Railway Logistics (8089)China Railway Games
SEHK, 4-Mar-2013
...but in this "settlement" there is no criticism of any of its directors, past or present. Apparently the company has a mind of its own. The events described in this slap on the wrist are but a small part of a sordid tale covered in our article of 11-Jun-2009, China Railway Games.
PME (0379) and ED Ivy Chan Shui Sheung summonsed for alleged false or misleading statementsCRL announcement.
Company announcement, 12-Jun-2012
The summonses are probably by the SFC under the Securities and Futures Ordinance. Webb-site warned investors about this company and related firm China Railway Logistics (8089) back in 2009.
China Railway Logistics (HK:8089) buys promissory note in Chinese Global (SGX:5CJ) from PME Investments (BVI) Co., Ltd.
Company announcement, 3-May-2012
This promissory note was part of the consideration when Chinese Global bought a stake in PME Group Ltd (HK:0379). With only 37 days to maturity, there is a substantial discount of 15.26% on the note, assuming that it is repaid.
Raking muck, Part 3
We now connect Joseph Lau to Executive Talent, and focus on a series of dubious transactions by Hycomm and the bubble in its stock while it did the coal mine hokey cokey, from which bubble Joseph Lau has profited hugely. We also look at the creation of Inno-Tech and the youngest infant mortality on GEM, Codebank. (5-Mar-2012)
China Railway Logistics (8089) sues to get its money back on aborted house purchase
Company announcement, 1-Mar-2012
After shareholders vetoed the record-setting HK$170.98m acquisition of House 42, Strawberry Hill, 8 Plunkett's Road, The Peak, the vendor is not inclined to return the $25.6m (15%) deposit. We still don't know who owns it.
China Railway Logistics (8089) shareholders veto Strawberry Hill house purchase
Company announcement, 9-Jan-2012
With 99.99% of votes cast against, and only 10,000 shares voted in favour. We commented on the record pricing of the transaction on 11-Nov-2011. The voting figures are so heavy that we assume this was the outcome eventually desired by management.
China Railway Logistics (8089) buys Strawberry Hill house for record HK$170.98mCircular
Company announcement, 11-Nov-2011
The announcement gives the street address but not the development name. We can tell you that the property is a house in the Strawberry Hill project. The previous record for a house in this project is $123m on 9-Aug-2010, for 3200 sq ft. This one is 2880 sq ft, and the vendor is an "independent" third party.
Chinese Global (SGX:5CJ) buys 7.3% of PME (HK:0379) from PME Investments (BVI) Co., Ltd.
Company announcement, 28-Jul-2011
The consideration includes a promissory note "in the sum of" S$4,771,430 (HK$30,680,415). Completion occurred on 7-Dec-2011. On 30-Apr-2012 this note was sold to China Railway Logistics Ltd (HK:8089) which said that the principal amount was HK$30,680,415 (not in Singapore dollars).
HKICPA reprimands and fines Ms Yuen Wai Man
HKICPA, 7-Apr-2010
We note that she is an INED and Chairman of the Audit Committee of China Railway Logistics Ltd.
Hong Kong Building and Demolition
HKBLA (0145) has been a perennial cash shell. After 3 takeovers, its foundations now appear to be under threat as its cash pile gets depleted on dubious transactions, including investment in Byford and an "earnest deposit". It appears to have become part of a network which includes at least 9 other listed companies. (10-Dec-2009)
Value Divergence, part 2
What's going on at Value Convergence (0821)? We list the placees in the convertible bond issue, which has been delayed, and analyse their connections to a network of other companies we have written about before. Is VC joining that network? We also look at the massive dilution that awaits shareholders of China Fortune (0290). (10-Dec-2009)
China Public Procurement
In part 4 of our series on a network of companies, we cover China Public Procurement (1094) which has a long string of over-priced acquisitions from often-anonymous vendors, "earnest money" deposits for deals which don't happen, issues of unlisted warrants and shares for no obvious reason, and gaps in disclsoure. If you own this stock, get out while you can. (3-Jul-2009)
Skin in the game
In part 3 of a series, we look at the often calamitous IPOs produced by B M Intelligence and its conversion into China Bio-med Regeneration Technology, involving a huge mark-up on the acquisition. We also cover an international organisation run out of a cobbler's shop in Las Vegas, and the recent changes of ownership in CBRT, including a CPPC member who is a big fan of the PLA. (23-Jun-2009)
China Railway Games
In part 2 of a series, we look at how HK$16bn of market cap evaporated when bubbles around China Railway Logistics, PME and Forefront burst. Each dealt with the same purported arm of the Ministry of Railways for joint ventures in wagon-leasing, media and online ticketing, each of which failed to get started. A miriad of BVI shells with shadowy owners are involved, but at least one has exposed himself in a court case. (11-Jun-2009)
Sunny Global (1094) sells 75% of Great Hill Trading Ltd to China Railway Logistics (8089) for HK$34mCRL announcement
Company announcement, 22-Apr-2009
CBRT (8158) sells shares in China Railway Logistics (8089), Byford (8272) and warrants in Sunny Global (1094)
Company announcement, 31-Mar-2009
Tiger Tech (8046) sells $10m of CSCP convertible bonds for $12.6m to PME (0379) and China Railway Logistics (8089)PME announcement
Company circular, 19-Dec-2008
The buyers were named as First Champion Worldwide Ltd and Gold Max Asia Ltd. As of 31-Dec-08, First Champion Worldwide Ltd was owned by China Railway Logistics Ltd, so we assume it was at 19-Dec-08.
PME (0379) buys 71m shares (14.51%) of China Railway Logistics (8089) from Chan Foo Wing @$4.00
Company announcement, 18-Dec-2007
Chan Foo Wing acquires 95m shares (19.41%) of China Railway Logistics (8089) from Cheung Yu Ching @$7.20Sale filing
Disclosure of interest, 30-Oct-2007
PME (0379) conditionally agrees to buy 52.42m shares (13.29%) of Proactive (8089) from Mr Liu Yi Dong @$17.72Termination
Company announcement, 4-Jul-2007
The deal was terminated on 30-Jun-08.
Proactive (8089) buys Eternity Profit Investments from Cheung Yu Ching for HK$6m cash and 95m shares @$7.11 each
Company announcement, 22-Mar-2007
Chairman sells 52.42m shares (22.59%) of Proactive (8089) to Well Support Ltd @$0.08Disclosure of interest
Company announcement, 7-Nov-2006
Well Support is owned by the family trust of Mr Liu Yi Dong
SFC prosecutes Mr Pong Kam Wah, ED of Proactive Technology (8089) & Mr Sat Pal Khattar, INED of Guoco Group Ltd, for disclosure failure
SFC, 24-Dec-2002
Allotment results and concentration warning
Company announcement, 15-May-2000

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