Bob May Incorporated
CST (0985) subscribes 1050 shares (7.39%) of Co-Lead Holdings Ltd for HK$250m
Company announcement, 7-Dec-2021
Co-Lead is a hub company in what we call the "Chung Nam Network". The announcement contains a partial list of its shareholders.
Company announcement, 7-Dec-2021
Co-Lead is a hub company in what we call the "Chung Nam Network". The announcement contains a partial list of its shareholders.
Blue River (0498) supplemental info on CB issuer Co-lead Holdings Ltd
Company announcement, 4-Jun-2021
A "listed company with a minority shareholding" (that would be Freeman, 0279, in provisional liquidation) is "purportedly unable to obtain access to the books and records of the Issuer due the the non-cooperation of the Issuer's management". On the other hand, Blue River says it has no such problems, and names the sole director of Co-lead, Ms Gloria Ip Yeuk Ping. Co-lead is a hub company in what we call the "Chung Nam Network".
Company announcement, 4-Jun-2021
A "listed company with a minority shareholding" (that would be Freeman, 0279, in provisional liquidation) is "purportedly unable to obtain access to the books and records of the Issuer due the the non-cooperation of the Issuer's management". On the other hand, Blue River says it has no such problems, and names the sole director of Co-lead, Ms Gloria Ip Yeuk Ping. Co-lead is a hub company in what we call the "Chung Nam Network".
Oshidori (0622) discloses some owners of Co-Lead Holdings Ltd
Company announcement, 28-Aug-2020
Co-Lead is 19.06% owned by Freeman (0279) and 52.28% owned by Freewill Holdings Ltd, which is 83.68% owned by Bob May Inc., which doesn't have any shareholders with more than 30%.
Company announcement, 28-Aug-2020
Co-Lead is 19.06% owned by Freeman (0279) and 52.28% owned by Freewill Holdings Ltd, which is 83.68% owned by Bob May Inc., which doesn't have any shareholders with more than 30%.
CST (0985) discloses ownership of High Rhine Ltd
Company announcement, 3-Aug-2020
It is 100% owned by Co-Lead Holdings Ltd, which is 52.28% owned by Freewill Holdings Ltd, which is 83.68% owned by Bob May Inc, which doesn't have any holders over 30%.
Company announcement, 3-Aug-2020
It is 100% owned by Co-Lead Holdings Ltd, which is 52.28% owned by Freewill Holdings Ltd, which is 83.68% owned by Bob May Inc, which doesn't have any holders over 30%.
Freeman (0279) results for 6 months to 30-Sep-2018
| Interim report
Company announcement, 29-Nov-2018
This reveals that in Apr-2018, Freeman acquired 36.17% of Imagination Holding Ltd for $144.5m. In the same month on 23-Apr, Imagi (0585) completed the sale of 50% for $150m to Bob May Inc. (owned by Ms Betty Long Wei), which owned the other half. It appears from the net assets of the associates that Freeman acquired its stake by subscribing 1.7m new shares of Imagination @$85. Next, in Jul-2018, Imagination distributed its 100% subsidiary Jocasta Ventures Ltd, to its shareholders. Jocasta has a money-lending partial subsidiary, Simagi Finance Co Ltd, which has been issuing shares to other members of what we call the "Chung Nam Network".
Company announcement, 29-Nov-2018
This reveals that in Apr-2018, Freeman acquired 36.17% of Imagination Holding Ltd for $144.5m. In the same month on 23-Apr, Imagi (0585) completed the sale of 50% for $150m to Bob May Inc. (owned by Ms Betty Long Wei), which owned the other half. It appears from the net assets of the associates that Freeman acquired its stake by subscribing 1.7m new shares of Imagination @$85. Next, in Jul-2018, Imagination distributed its 100% subsidiary Jocasta Ventures Ltd, to its shareholders. Jocasta has a money-lending partial subsidiary, Simagi Finance Co Ltd, which has been issuing shares to other members of what we call the "Chung Nam Network".
Imagi (0585) sells its half of a money-lender to JV partner
| Circular
Company announcement, 2-Feb-2018
The announcement fails to state who owns the purchaser, Bob May Incorporated (BVI), but the subsequent circular says it is Ms. Betty Long Wei, "a Hong Kong businesswoman active in the area of investment". The JV, Imagination Holding Ltd, owns Simagi Finance Co Ltd, a money lender. The circular also reveals that on 5-Dec-2016, the JV subscribed for "certain shares" of Genius Spring Ltd, which was 100%-owned by China Touyun Tech (1332), another company in what we call the "Chung Nam Network". The CTT 2016 accounts show that was a 9.9% stake in Genius Spring, subscribed for HK$21.39m. We note that Ms. Long was the owner of an LED company which had an aborted sale to CTT in 2015.
Company announcement, 2-Feb-2018
The announcement fails to state who owns the purchaser, Bob May Incorporated (BVI), but the subsequent circular says it is Ms. Betty Long Wei, "a Hong Kong businesswoman active in the area of investment". The JV, Imagination Holding Ltd, owns Simagi Finance Co Ltd, a money lender. The circular also reveals that on 5-Dec-2016, the JV subscribed for "certain shares" of Genius Spring Ltd, which was 100%-owned by China Touyun Tech (1332), another company in what we call the "Chung Nam Network". The CTT 2016 accounts show that was a 9.9% stake in Genius Spring, subscribed for HK$21.39m. We note that Ms. Long was the owner of an LED company which had an aborted sale to CTT in 2015.
Imagi (0585) sets up money-lending JV
Company announcement, 26-Feb-2016
The JV partner is a BVI company, the owner of which is not disclosed. Imagi is a cash shell. The JV will not be a subsidiary, so it will not be subject to the Listing Rules on connected transactions, so it can lend money to connected persons of Imagi. Imagi is part of what we call the "Chung Nam Network".
Company announcement, 26-Feb-2016
The JV partner is a BVI company, the owner of which is not disclosed. Imagi is a cash shell. The JV will not be a subsidiary, so it will not be subject to the Listing Rules on connected transactions, so it can lend money to connected persons of Imagi. Imagi is part of what we call the "Chung Nam Network".
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