GLORIOUS PROPERTY HOLDINGS LIMITED 恒盛地產控股有限公司

41 endangered stocks
If HKEX proceeds with an ill-conceived Listing Rule change, companies with disclaimed audit reports for 2019 will be suspended and likely delisted, victimising minority shareholders. We now list those with disclaimed audits up to 30-Jun-2018 which would be affected if the rule applied today. Make your submission to stop this nonsense! (17-Nov-2018)
SFC censures China Life Insurance (Overseas) Co Ltd for breaches of Takeovers Code
SFC, 3-Aug-2017
The company failed to disclose its dealings during the offer period for Glorious Property (0845).
Glorious update
A response from HKSCC indicates that Glorious Property (0845) has some explaining to do: the Grand Court did indeed want to see the CCASS Participant figures. We also show that the 61 registered holders who voted against could not have held more than 0.89% of the shares which voted, and HKSCCN held at least 99.11%. The Grand Court should decide whether the scheme proceeds. (22-Jan-2014)
Glorious failure in the Cayman Islands
We look at the curious circumstances behind the failed privatisation of Glorious Property (0845) and call on the Cayman Islands and Bermuda, where 75% of HK-listed companies are incorporated, to follow HK in abolishing the headcount test. (19-Jan-2014)
Zhang Zhi Rong's firm to pay US$14m to settle CNOOC insider trading charges
US SEC, 18-Oct-2012
The SEC investigation is continuing. We wonder whom else they have in their sights.
Glorious Property (0845): SEC allegations against ChairmanMr Zhang's most recent filing
Company announcement, 30-Jul-2012
GP says the SEC "alleges" that Well Advantage Ltd (BVI) is indirectly wholly-owned by Mr Zhang. It's more factual than that: Mr Zhang disclosed it in his own filings of shareholdings in GP, most recently on 30-Dec-2011.
China Rongsheng (1101): allegations against Chairman
Company announcement, 30-Jul-2012
SEC freezes assets of insider traders in Nexen acquisition
US SEC, 27-Jul-2012

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