China Bright Culture Group
Censure of China Bright Culture (1859) and Mr Liu Mu; criticism of Mr Xia Rui
SEHK, 21-Nov-2022
For diverting most of the IPO proceeds into a promissory note arranged by AMTD Global Markets Ltd, which was a Joint Global Coordinator of the IPO. The note was issued by L.R. Capital Property Investment Ltd, which was "affiliated" with AMTD, although the Exchange doesn't say how.
SEHK, 21-Nov-2022
For diverting most of the IPO proceeds into a promissory note arranged by AMTD Global Markets Ltd, which was a Joint Global Coordinator of the IPO. The note was issued by L.R. Capital Property Investment Ltd, which was "affiliated" with AMTD, although the Exchange doesn't say how.
China Bright Culture (1859): further details of the AMTD investment, and termination thereof
Company announcement, 3-Sep-2021
It now emerges that the money "managed" by AMTD was invested in a promissory note issued by L.R. Capital Property Investment Ltd, the owner of which it fails to disclose.
Company announcement, 3-Sep-2021
It now emerges that the money "managed" by AMTD was invested in a promissory note issued by L.R. Capital Property Investment Ltd, the owner of which it fails to disclose.
China Bright Culture (1859): we put most of our IPO cash into a 2-year asset management deal with AMTD and failed to announce it, breaching Listing Rules
Company announcement, 28-Aug-2020
We note that AMTD Global Markets Ltd was a Joint Global Coordinator of the IPO. In 2019, AMTD struck a similar deal with another IPO client, IntelliCentrics (6819), which was belatedly announced on 19-May-2020.
Company announcement, 28-Aug-2020
We note that AMTD Global Markets Ltd was a Joint Global Coordinator of the IPO. In 2019, AMTD struck a similar deal with another IPO client, IntelliCentrics (6819), which was belatedly announced on 19-May-2020.
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