ACTIVE CHANCE LIMITED

Waytung Global (0021) sells subsidiary with Hennabun stake for HK$10k
Company announcement, 29-Dec-2010
The purchaser is a BVI company, the owner of which is not disclosed. This vehicle, via 100% subsidiary Active Chance Ltd, held a stake in Hennabun Capital Group Ltd, for which the group originally paid HK$59m in 2003. We calculate that by the time of this disposal, the original stake of 32,000,000 shares (10.35% at 31-Dec-2003) had been consolidated into 320,000 shares and diluted to 0.15%, not 0.23% as stated.
China United (0273) buys 37.5m shares (9.64%) of Hennabun Management Inc from Golden Resources (0677) for HK$72m in shares
Company announcement, 11-Mar-2004
Just prior to this deal, HMI is a hub owned by 10 listed companies, including 2 not seen in prior filings: Yugang (0613) has 20.56%, and China Investment Fund Co Ltd (0612) has acquired 2.5m shares (0.64%), probably from Golden Resources.
China United (0273) circular on connected transaction
Company circular, 24-Dec-2003
In the last 3 weeks, subsidiary Hennabun Mangement Inc has issued shares to 2 more listed companies: Heritage (0412) and Sinolink Worldwide (1168), taking the total to 8 in the hub.
China United (0273) agrees to buy shares in Radford (0901) from Hennabun Management Inc
Company announcement, 2-Dec-2003
It incidentally discloses that another listed company, Beauforte Investors (0021) has subscribed for a 9.56% stake in HMI, so it is now owned by 6 listed companies.

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