Cordoba Homes Limited 歌德豪宅有限公司

Dragonite (0329) sells money-lender to CW Financing Ltd
Company announcement, 7-Nov-2016
Dragonite fails to say who owns the buyer. We know that in 2015, it was owned by Cordoba Homes Ltd, a hub in what we call the "Chung Nam Network".
China Jinhai (0139) sells 15/F China United Centre in shell
Company announcement, 12-May-2015
The announcement fails to say who owns the buyer. We can tell you that as of 18-Sep-2012, Future Master Investments Ltd was owned by Cordoba Homes Ltd. That is 94.54% owned by HEC Capital Ltd (a hub of the "Chung Nam Network") and 5.46% owned by Mission Capital (1141). The shell deal avoids 8.5% Double Stamp Duty on the deal. The deal occurs just 6 weeks after completing the purchase of the same thing from Qualipak (1332).
Forefront (0885) results reveal investment in Cordoba Homes Ltd
Company announcement, 29-Mar-2015
Mission Capital (1141) to subscribe 5.46% of Cordoba Homes Ltd for HK$103.4m
Company announcement, 6-Jan-2015
MC fails to say who owns Cordoba, but we can tell you that as of 18-Sep-2012, it was 100% owned by HEC Capital Ltd, which is at the core of the Chung Nam Network and also owns HEC Securities Ltd, which is currently underwriting an open offer of new shares by MC to raise $209.7m net - so half of that goes back. HECC owns 9.19% of MC.
ICube (0139) lends HK$75m to Cordoba Homes Ltd
Company announcement, 14-Nov-2014
The announcement fails to say who owns the borrower. As far as we know, at 18-Sep-2012 it was 100% owned by HEC Capital Ltd, which is at the core of what we call the "Chung Nam Network". ICube invested HK$65m in shares of HEC Capital Ltd on 22-Sep-2014.
China Strategic (0235) and Cordoba Homes Ltd (BVI) in money-lending JV
Company announcement, 1-Aug-2013
Hao Tian (0474) buys a yacht for HK$65m
Company announcement, 25-Oct-2012
The yacht, named "aquarius" has been floating around the "Chung Nam Network" for years - its holding company, Uprite Ltd, was acquired by Willie (0273) in May-2008 from a company 75%-owned by Eugene Chuang Yue-chien, brother of Willie's Chairman. Uprite was then injected into a BVI vehicle, Cordoba Homes Ltd, in which numerous listed companies in the network invested. We now consider Hao Tian to have joined the network.
China Yunnan Tin Minerals (0263) subscribes HK$129m for 6.41% of Cordoba Homes Ltd
Company announcement, 15-Apr-2011
Freeman (0279) sells property in China United Centre to Cordoba Homes for shares
Company announcement, 13-Apr-2011
Enerchina (0622) invests HK$300m in 18.01% of Cordoba Homes Ltd
Company announcement, 25-Jan-2011
Before this, Cordoba is owned as follows: 40.71% owned by "a listed company". That is Willie (0273), 17.57% by Hennabun, into which Enerchina has already sunk HK$200m, and 32.94% and 8.78% owned by "two private companies". The last time we heard, those are Ristora Investments and Supreme Castle Investments, owned by Karen Lo Ki Yan and Paul Suen Cho Hung respectively. Enerchina is now firmly part of what we call the "Chung Nam Network".
Willie (0273) sells convertible note in Cordoba Homes Ltd to Paul Suen Cho Hung (fka Sun Wang)
Company announcement, 16-Nov-2010
Willie's subsidiary Cordoba gives Karen Lo Ki Yan another 6.5 months to pay up
Company announcement, 15-Sep-2010
She paid HK$100m on 15-Dec-2009, $50m on 16-Mar-2010 and $30m today. That leaves $275m outstanding, now extended to 31-Mar-2011.
Willie (0273), via Cordoba, sells flat-owning company to "an individual"
Company announcement, 19-Aug-2010
The property is duplex A on 21 & 22/F, Royalton, 118 Pok Fu Lam Rd. The unnamed buyer avoids stamp duty by buying the BVI company which owns the HK company which owns the property.
Radford Portfolio Management Ltd v Director of Lands
HK Court of Appeal, 30-Apr-2010
The appeal fails. In HK, apparently, space has only 2 dimensions. You are not free to park more than one vehicle in one space by using a stacking device, as the elevated plane amounts to a second "space". So, does the use of bunk beds result in an extension of gross floor area and hence a breach of plot ratio?
Willie's subsidiary Cordoba gives Karen Lo Ki Yan another 6 months to pay up
Company announcement, 16-Mar-2010
Regarding the HK$450m subscription, the outstanding amount of HK$300m is extended to 16-Sep-2010 in return for a payment of HK$5m.
Radford Portfolio Management Ltd v Director of Lands
HK Court of First Instance, 13-Nov-2009
The court rules that a stacking device in a car space breaches the land lease because it creates 2 "spaces". The car space happens to be owned by a subsidiary of Willie (0273) and goes with the duplex on 21-22/F Flat A.
Willie sells 39.43% of Cordoba Homes Ltd to Karen Lo Ki Yan at HK$90m discountCircular
Company announcement, 2-Oct-2009
Assets include a yacht, artwork, paintings and a 10 carat diamond! According to a circular dated 23-Aug-07, the diamond was purchased from Karen Lo Ki Yan on 23-Apr-07 for $10m.

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