Penta Investment Advisers Limited

Penta Investment Advisers Ltd v Allied Weli Development Ltd
HK Court of Appeal, 28-Aug-2017
The person funding Allied Weli's appeal is revealed as one Lee Kuo Juy. That person is also a substantial shareholder of Inno-Tech (8202).
Penta Investment Advisers Ltd v Allied Weli Development Ltd
HK Court of Appeal, 18-Jul-2017
"there is evidence which suggests dissipation of the assets of the Company". The appeal against the winding-up order is rejected and the person funding Allied Weli's appeal is ordered to be identified for a costs order against him.
Allied Weli Development Ltd ordered to be wound up
HK Court of First Instance, 22-Feb-2016
"I'm satisfied that the contents of the petition justify the court exercising its discretion to wind up the Company on the grounds of insolvency so that its affairs can be thoroughly investigated." - Justice Jonathan Harris
Penta Investment Advisers Ltd v Allied Weli Development Ltd
HK Court of Appeal, 11-Dec-2015
Penta Investment Advisers Ltd v Allied Weli Development Ltd
HK Court of Appeal, 18-Aug-2015
Penta Investment Advisers Ltd v Allied Weli Development Ltd
HK Court of First Instance, 14-Oct-2014
Penta successfully sues a BVI company at the centre of what we call the "Chung Nam Network" over a guarantee of a profit from a subscription of shares in Mascotte (0136) which followed a heavy loss on an earlier subscription in Freeman (0279). The claimed quantum is HK$211m. After a restructuring, Allied Weli is now a 100% subsidiary of HEC Capital Ltd.
SFC criticises Penta for breaches of Takeovers Code
SFC, 13-Mar-2012

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