China Railway Investments Group (HK) Ltd v Eternity Profit Investments Ltd & Chinese Strategic Holdings Ltd (8089)
HK Court of First Instance, 16-Jul-2014
Raking muck, Part 4
We take a deeper dive into the transactions of Inno-Tech (8202), and call on the SFC to investigate. We also call on the regulators either to scrap the requirement for "independent" financial advisers in listed company deals, or make it work by randomly assigning them through a jury pool system. The current system of opinion-shopping to IFAs of Last Resort is a waste of investors' money and provides false comfort. (7-Mar-2012)
China Railway Games
In part 2 of a series, we look at how HK$16bn of market cap evaporated when bubbles around China Railway Logistics, PME and Forefront burst. Each dealt with the same purported arm of the Ministry of Railways for joint ventures in wagon-leasing, media and online ticketing, each of which failed to get started. A miriad of BVI shells with shadowy owners are involved, but at least one has exposed himself in a court case. (11-Jun-2009)
Inno-Tech (8202) to form JV to manage and operate PRC hotels
Company announcement, 4-May-2007
The "PRC Partner" is an unnamed HK company. In a later document it was named as China Railway Investments Group (Hong Kong) Ltd, a company which has featured in a Webb-site article.

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