Shin Hwa World Limited 神話世界有限公司
Imagi (0585) to buy Les Ambassadeurs Club from Paul Suen Cho Hung
| Termination
Company announcement, 24-Jul-2019
The GBP122m (HK$1206.1m) price on the London casino is significantly less than the HK$2.5bn purchase price from Landing (0582) in Sep-2017. Mr Suen's ownership application is still pending with the UK Gambling Commission. Interestingly today's PDF metadata reveals that the deal is code-named "Project Martini" - a hat-tip to James Bond. Update: the deal was terminated by the seller on 18-Mar-2020 and a GBP12.8m break fee was payable to Imagi.
Company announcement, 24-Jul-2019
The GBP122m (HK$1206.1m) price on the London casino is significantly less than the HK$2.5bn purchase price from Landing (0582) in Sep-2017. Mr Suen's ownership application is still pending with the UK Gambling Commission. Interestingly today's PDF metadata reveals that the deal is code-named "Project Martini" - a hat-tip to James Bond. Update: the deal was terminated by the seller on 18-Mar-2020 and a GBP12.8m break fee was payable to Imagi.
Landing (0582) Chairman Yang Zhihui "has resumed his duties"
Company announcement, 26-Nov-2018
After 3 months AWOL, Mr Yang has "explained that he has been assisting the relevant department of the [PRC] with its investigation". No word on where he is or whether the HK SFC's freeze of his brokerage accounts is still in effect.
Company announcement, 26-Nov-2018
After 3 months AWOL, Mr Yang has "explained that he has been assisting the relevant department of the [PRC] with its investigation". No word on where he is or whether the HK SFC's freeze of his brokerage accounts is still in effect.
The Huarong-CMB network: 26 stocks not to own
In our first circuit diagram since the infamous Enigma Network, we examine the overlapping networks, bubbles and funding surrounding 26 HK-listed companies that your portfolio would probably do better without. (19-Oct-2018)
In our first circuit diagram since the infamous Enigma Network, we examine the overlapping networks, bubbles and funding surrounding 26 HK-listed companies that your portfolio would probably do better without. (19-Oct-2018)
Huarong and the Chung Nam Network
Webb-site can reveal another SFC investigation underway involving dealings in Pak Wing (8316). The manipulation of this GEM bubble reveals another connection between China Huarong (2799) and what we call the "Chung Nam Network". The more we scrutinise Huarong, the worse it looks. Will the State end up bailing out the bailer? (3-Oct-2018)
Webb-site can reveal another SFC investigation underway involving dealings in Pak Wing (8316). The manipulation of this GEM bubble reveals another connection between China Huarong (2799) and what we call the "Chung Nam Network". The more we scrutinise Huarong, the worse it looks. Will the State end up bailing out the bailer? (3-Oct-2018)
Breaking: SFC freezes up to HK$10.17bn of assets in 3 brokers
Webb-site has deduced that these are assets of Mr Yang Zhihui, missing Chairman and majority shareholder of Landing (0582), and that he is reasonably suspected of fraud causing losses of HK$10.17bn to China Huarong (2799), the ex-Chairman of which is under a corruption investigation in China. We also turn the spotlight on China Goldjoy (1282) which was an enthusiastic buyer of Landing at prices far higher than its Chairman paid beforehand. (1-Oct-2018)
Webb-site has deduced that these are assets of Mr Yang Zhihui, missing Chairman and majority shareholder of Landing (0582), and that he is reasonably suspected of fraud causing losses of HK$10.17bn to China Huarong (2799), the ex-Chairman of which is under a corruption investigation in China. We also turn the spotlight on China Goldjoy (1282) which was an enthusiastic buyer of Landing at prices far higher than its Chairman paid beforehand. (1-Oct-2018)
Landing (0582): has anyone seen our Chairman?
Company announcement, 23-Aug-2018
Soon to be renamed "Crash Landing".
Company announcement, 23-Aug-2018
Soon to be renamed "Crash Landing".
Cheng Po Yuen & Zenith CPA Ltd fined HK$25k over bad 2015 EPS calculation at Landing (0582)
HKICPA, 17-Aug-2018
HKICPA, 17-Aug-2018
Landing (0582) controller moves 33.84% from Future Stars Securities to Enerchina Securities
Enerchina Securities is owned by Enerchina (0622) and is part of what we call the "Chung Nam Network". The controller of Landing is its Chairman, Yang Zhihui. We could be in for a hard Landing. (20-Dec-2017)
Enerchina Securities is owned by Enerchina (0622) and is part of what we call the "Chung Nam Network". The controller of Landing is its Chairman, Yang Zhihui. We could be in for a hard Landing. (20-Dec-2017)
Landing (0582) sells Les Ambassadeurs Club to Paul Suen Cho Hung for HK$2.5bn
Company announcement, 7-Sep-2017
Company announcement, 7-Sep-2017
Landing (0582) got 2015 EPS wrong by factor of 8.3
Company announcement, 14-Mar-2017
The auditors were Zenith CPA Ltd, directed by Cheng Po Yuen.
Company announcement, 14-Mar-2017
The auditors were Zenith CPA Ltd, directed by Cheng Po Yuen.
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