Sanction of 3 ex-directors of National Arts (ex-8228)
SEHK, 24-Sep-2024
In 2 deals worth HK$108.8m, the company issued shares to buy companies which had not yet paid for properties under development in Malaysia. The vendors of the companies defaulted on their obligations to complete the purchases.

• Orgs
  • CresVAL Corporate Advisory Group Limited
  • Great Success Investment Holdings Limited
  • HONG WEI (ASIA) HOLDINGS COMPANY LIMITED
  • Majestic Bravo Limited
  • MMR Asia Limited
  • National Arts Group Holdings Limited
  • TSA Land Sdn. Bhd.
  • Wise Circuit Limited
• People
  • Cheng, Wang Chun 鄭弘駿
  • Chow, Kian Kai Weng 周啟榮
  • Chu, Alfonso Hin Ming 朱顯明
  • Ho, Leung Ting (1988) 何亮霆
  • Leung, Frankie Tak Chee (1973) 梁德志
  • Tong, Yu Jang 唐雨贊
  • Yu, Perway Kin Wai 余健偉

National Arts (8228) buys Malaysian property vehicle from Alfonso Chu Hin Ming and Perway Yu Kin Wai for HK$90m in new shares | Completion
Company announcement, 29-Jan-2021
"Upon Completion, the Target Company will own the Target Apartments".

• Orgs
  • Majestic Bravo Limited
  • National Arts Group Holdings Limited
• People
  • Chu, Alfonso Hin Ming 朱顯明
  • Yu, Perway Kin Wai 余健偉