High Rhine Limited

Joint Global Ltd joint venture agreement dated 15-Sep-2015
Company filing, 7-Jun-2017
Thanks to the SFC's Takeovers Code, this agreement has been published online by CMBC Capital Holdings Ltd (1141), one of the 11 entities in what we call the "Chung Nam Network" which pooled their shares in HEC Capital Ltd into Joint Global Ltd, which then imploded like a black hole. It relates to our story "The Joint Global implosion", 30-Sep-2016.
Mason (0273) sells Willie Link Ltd for HK$400m
Company announcement, 4-Nov-2016
This was done in 2 blocks. 45% was sold in Mar-2016 to Apex Corporate Investments Ltd for HK$200m, and 55% now to Best Mate Ltd, owned by Kenneth Chan Chak Kai, for HK$200m. Mason fails to say who owns Apex. We can tell you that it was once owned by CIFG (0412) which sold it to High Rhine Ltd (BVI) on 20-Nov-2014. According to Mason's 2015 accounts, it acquired High Rhine in Jun-2015.
Heritage (0412) sells loss-making TCM clinic
Company announcement, 5-Nov-2014
The purchaser is High Rhine Ltd, the owner of which is not disclosed. On 12-Dec-2013, High Rhine Ltd was sold by Tack Fiori (0928) to Equal Sky Ltd (BVI), which at least until 21-Apr-2010 was owned by Willie (0273). So this may have been a sale to Willie.
Tack Fiori (0928) sells High Rhine Ltd (BVI) to Equal Sky Ltd (BVI)
Company announcement, 12-Dec-2013
The owner of the purchaser is not disclosed. Records show that at least until 21-Apr-2010, it was owned by Willie (0273), another company in the "Chung Nam Network".

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