China Castson 81 Finance Company Limited (BM) 中國鑄晨81金融有限公司
Investment company director charged with offering HK$349k bribes...
ICAC, 10-Jul-2013
...to a senior exec of Opes Asia (0810) as rewards for causing Opes to buy 5.732m shares of Datronix (0889). Accounts show that Opes owned 6.418m shares (2.01%) of Datronix at 31-Dec-2011. The allegedly offered bribe is about 2% of the market value of the shares involved at the time.
ICAC, 10-Jul-2013
...to a senior exec of Opes Asia (0810) as rewards for causing Opes to buy 5.732m shares of Datronix (0889). Accounts show that Opes owned 6.418m shares (2.01%) of Datronix at 31-Dec-2011. The allegedly offered bribe is about 2% of the market value of the shares involved at the time.
Opes Asia (0810): breach of Listing Rules: results overdue
Company announcement, 26-Mar-2013
Perhaps this company should be renamed Hopeless Asia Development Ltd.
Company announcement, 26-Mar-2013
Perhaps this company should be renamed Hopeless Asia Development Ltd.
Tony Cheung Tung Lan v Opes Asia Development (0810) & others
HK Court of First Instance, 17-May-2012
HK Court of First Instance, 17-May-2012
Opes Asia (0810): Chairman Tony Cheung Tung Lan has conviction for late filing
| The late filing
Company announcement, 19-Jan-2012
The other company isn't named, but he has only had one other disclosed shareholding since 2003, in Blu Spa (8176) in which he disposed of 5m shares (1.04%) on 6-Jul-2009, for which notice was not filed until 19-Aug-2009, outside the 3-day limit. This is such a minor offence, with an HK$8,000 fine, that the SFC no longer announces such convictions.
Company announcement, 19-Jan-2012
The other company isn't named, but he has only had one other disclosed shareholding since 2003, in Blu Spa (8176) in which he disposed of 5m shares (1.04%) on 6-Jul-2009, for which notice was not filed until 19-Aug-2009, outside the 3-day limit. This is such a minor offence, with an HK$8,000 fine, that the SFC no longer announces such convictions.
Censure of Company, Robert Ma Kam Fook and Joel Lazare Hohman, and criticism of Michael Chan Yan Ming and Andrew Nan Sherrill
SEHK, 8-Sep-2005
SEHK, 8-Sep-2005
China Treasure's Love for Yanion
Yesterday we told you how Yanion had blown over $400m on a series of questionable acquisitions from "independent third parties". Now we'll show you how China Treasure Greater China Investments, floated last year and with no disclosed links to Yanion, has thrown 58% of its net assets into shares of Yanion and two of its subsidiaries, without any announcements or shareholder approvals. (24-Jun-2003)
Yesterday we told you how Yanion had blown over $400m on a series of questionable acquisitions from "independent third parties". Now we'll show you how China Treasure Greater China Investments, floated last year and with no disclosed links to Yanion, has thrown 58% of its net assets into shares of Yanion and two of its subsidiaries, without any announcements or shareholder approvals. (24-Jun-2003)
Yanion's Rotten Onion
In the first of two stories, we peel away the layers of the onion that is Yanion, and we don't like what we find. You will see a series of questionable acquisitions at exorbitant prices, at least two of them involving the same "independent third party", followed by legal disputes, a disclaimed audit opinion, replacement of auditors, and massive write-offs. (23-Jun-2003)
In the first of two stories, we peel away the layers of the onion that is Yanion, and we don't like what we find. You will see a series of questionable acquisitions at exorbitant prices, at least two of them involving the same "independent third party", followed by legal disputes, a disclaimed audit opinion, replacement of auditors, and massive write-offs. (23-Jun-2003)
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