Interactive Entertainment China Cultural Technology Investments Limited 互娛中國文化科技投資有限公司

The Enigma Network: 50 stocks not to own
Sometimes, all you need to tell a story is a picture. (15-May-2017)
AMCO United (0630) sells 40% of Ultimate Elite Investments Ltd to Finsoft (8018)Finsoft announcement
Company announcement, 5-Dec-2016
The target owns 21/F of Kings Wing Plaza, 3 On Kwan St, Shatin. The other 60% is held by HK Education (1082), which sold 40% to AMCO United in Jan-2016. HK Education owns 26.66% of IECCT (8081) which owns 15.83% of Finsoft.
GET (8100): breach of Listing Rules, on Discloseable Transactions and Major Disposals
Company announcement, 28-Oct-2016
Following a complaint by Webb-site to HKEX, GET now accepts that it should have disclosed transactions in listed shares dating back to 8-Jul-2014, some of which were "Major Disposals" requiring shareholder approval, for which it now seeks ratification.
Pass the cyclotrons
Starting in the basement of St Teresa's Hospital, visiting the Science Park and analysing 12 years of transactions with some lucky disclosure on BVI owners, we follow the movements of 2 cyclotrons in and out of listed companies and show you where the money was made and lost. (11-Oct-2016)
Universe (1046) buys 4.87% of IE China (8081), increases to 6.15%
Company announcement, 15-Jul-2016
As the stake, acquired in the pre-market, is less than 5%, we don't know who sold it, and Universe claims not to either.
HK Education (1082): breach of Listing RulesCircular
Company announcement, 12-May-2016
The company declared itself to have a "principal business" of securities investment, but the Stock Exchange ruled that the subscription of shares in Convoy (1019) and IE China (8081) were notifiable "transactions" under Chapter 14 of the Listing Rules. Notably, the company says that any future purchase or disposal of securities should be a "transaction" under Chapter 14. Comment: the Exchange has been inconsistent in applying Chapter 14 to other companies involved in similar shenanigans.
IECCT (8081) proposes "final dividend by way of bonus issue"
Company announcement, 23-Mar-2016
Comment: this is deceptive. A bonus issue is not a dividend.
Bubbles and troubles in Hong Kong
Pour yourself a coffee and digest this long article as we investigate several ongoing abusive "open offers" and placings as well as show you who's been making out in multi-billion-dollar bubbles. We call on regulators and rule-makers to take action. (24-Sep-2015)
Sunrise (China) (8226) sells 3.51% of CMGC (8081)
Company announcement, 9-Sep-2015
CMGC (8081) completes mega-placingCCASS movements
Company announcement, 21-Aug-2015
We note that none of the shares appear in the CCASS account of the placing agent, Great Roc Capital Securities Ltd. The largest allocations go to CNI Securities, Astrum Capital Management and Jun Yang Securities.
Sunrise (China) (8226) subscribes HK$20.05m for 3.51% of CMGC (8081)
Company announcement, 17-Aug-2015
The placing agent is named as CNI Securities Group Ltd, but CMGC's placing agent is Great Roc Capital Securities Ltd, so CNI must be a sub-agent.
Town Health (3886) sells 70% of Ever Full Harvest Ltd to subsidiary of CMGC (8081)
Company announcement, 31-Dec-2014
CMGC (8081) subsidiary buys 70% of Ever Full Harvest Ltd from Town Health (3886)Circular
Company announcement, 31-Dec-2014
The buyer is Luck Key Investment Ltd, which is already 9.9% owned by Town Health and 90.9% owned by CMGC. After this deal, it will be 35.02% owned by Town Health and 64.98% by CMGC.
CMGC (8081) issues 9.9% of Luck Key Investment Ltd to Town Health (3886) for HK$2.7m
Company announcement, 26-Aug-2014
11 months ago, CMGC completed the acquisition of Luck Key for HK$85m, including $17.979m for the equity and the rest for a shareholder loan. One of the vendors was Town Health.
Ngai Shun (1246) buys Funa Assets Ltd for HK$39m
Company announcement, 22-May-2014
Ngai Shun fails to say who owns the vendor. We can tell you it is Computech (8081).
Computech (8081) sells Funa Assets Ltd for HK$39m
Company announcement, 22-May-2014
Computech fails to say who owns the purchaser. We can tell you it is Ngai Shun (1246).
Oriental Unicorn (8120) buys Sabah fish farm investment from Computech (8081)Computech announcement
Company announcement, 18-Jul-2013
Computech (8081) buys Luck Key Investment Ltd for HK$85mCircular
Company announcement, 16-Apr-2013
The vendors are China Gogreen (0397) for 47.89%, Town Health (3886) for 46.01% and Dr Bennet Fung Yiu Tong for 6.10%.
Town Health (3886) sells 46.01% of Luck Key to Computech (8081)
Company announcement, 16-Apr-2013
Town Health owns 7.01% of China Gogreen (0397), one of the other vendors.
China Gogreen (0397) sells 47.89% of Luck Key to Computech (8081)
Company announcement, 16-Apr-2013
Computech (8081) buys Funa Assets Ltd from China Gogreen (0397) for HK$40m
Company announcement, 22-Mar-2013
Computech (8081) to invest in fish farming in Sabah
Company announcement, 25-Apr-2012
Computech (8081) lends HK$5.5m to Winning Step Investment Ltd for 2 months at 42% p.a.
Company announcement, 30-Jan-2012
The borrower is owned by Michelle Lai Mei Kuen and the loan is guaranteed by her and David Leung Tze Hang.
Computech (8081) buys Checkmate Finance Ltd from Checkmate Advisors Ltd
Company announcement, 12-Sep-2011
The vendor is owned by Mr Chui Bing Sun, Chairman of Sage International Group Ltd (8082). He owns 8.35% of Computech, has warrants over another 7.52%, and options over 0.99% as a "consultant". Despite all this, he is not regarded as a connected person under the Listing Rules.
Computech (8081) agrees to issue 5-year 5% CBs to Mr Tsui Kin ChitCompletion
Company announcement, 15-Apr-2011
It doesn't say so, but the conversion price of $0.125 is an 18.3% discount to the 5-day average closing market price. Although the long-stop date was 30-Apr-2011, the subscription was not completed until 22-Aug-2011, without giving any reason for the delay. We know nothing about the subscriber.

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