HANSOM FINANCE LIMITED 恒盛財務有限公司
Disciplinary action against 4 ex-directors of Arta TechFin (0279)
SEHK, 4-May-2023
The money-lending business via Hansom Finance Ltd was "seriously mismanaged" with loans of HK$2.28bn in 9 months from Jul-2017 to Apr-2018, of which 93% were disbursed to third-party nominees (sometimes, the same nominee) and $1.9bn went sour. We wonder why the police are not involved.
SEHK, 4-May-2023
The money-lending business via Hansom Finance Ltd was "seriously mismanaged" with loans of HK$2.28bn in 9 months from Jul-2017 to Apr-2018, of which 93% were disbursed to third-party nominees (sometimes, the same nominee) and $1.9bn went sour. We wonder why the police are not involved.
Hansom Finance Ltd v Lai Leong
HK Court of First Instance, 19-Feb-2021
Mr Lai is ordered to repay an outstanding loan of HK$32.7m plus interest.
HK Court of First Instance, 19-Feb-2021
Mr Lai is ordered to repay an outstanding loan of HK$32.7m plus interest.
Hansom Finance Ltd v Chen Jiarong
HK Court of First Instance, 30-Dec-2020
Hansom, a subsidiary of Freeman FinTech (0279), has already assigned the debt to someone else: Emperor Jade Group Limited (whoever that is). Accordingly, it has no standing against Mr Cheng and cannot have summary judgment.
HK Court of First Instance, 30-Dec-2020
Hansom, a subsidiary of Freeman FinTech (0279), has already assigned the debt to someone else: Emperor Jade Group Limited (whoever that is). Accordingly, it has no standing against Mr Cheng and cannot have summary judgment.
NIF (1227) proposes debt settlement with shares and CB issues
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Company announcement, 9-Feb-2017
The now $30.8m debt was assigned on 20-Jun-2016 by Hansom Finance Ltd to Citizens Money Lending Corp Ltd. Unstated is that Hansom is owned by Freeman (0279), which sold Citizens to Enerchina (0622) on 19-Jul-2016. All companies are in what we call the "Chung Nam Network". NIF is a Chapter-21 investment company which holds shares in a number of CNN hub companies. Update: after several delays due to "additional disclosure requirements" and "prolonged review" by the Stock Exchange, the settlement lapsed on 31-Oct-2017 when "certain conditions" were not met.
Company announcement, 9-Feb-2017
The now $30.8m debt was assigned on 20-Jun-2016 by Hansom Finance Ltd to Citizens Money Lending Corp Ltd. Unstated is that Hansom is owned by Freeman (0279), which sold Citizens to Enerchina (0622) on 19-Jul-2016. All companies are in what we call the "Chung Nam Network". NIF is a Chapter-21 investment company which holds shares in a number of CNN hub companies. Update: after several delays due to "additional disclosure requirements" and "prolonged review" by the Stock Exchange, the settlement lapsed on 31-Oct-2017 when "certain conditions" were not met.
Norman Ho Yik Kin, former ED of Tack Fiori (0928) disqualified for 6 years
HK Court of First Instance, 9-Oct-2014
HK Court of First Instance, 9-Oct-2014
Freeman (0279) subsidiary Hennabun issues HK$200m in shares to Enerchina (0662)
Company announcement, 4-Nov-2010
Freeman also lends $500m to Hennabun from 1-Nov-2010, to be reduced to $250m by 31-Dec-2010. Freeman notes that a Director with 0.08% of Freeman owns about 1.1% of Hennabun. The only such director is Sue Au Shuk Yee.
Company announcement, 4-Nov-2010
Freeman also lends $500m to Hennabun from 1-Nov-2010, to be reduced to $250m by 31-Dec-2010. Freeman notes that a Director with 0.08% of Freeman owns about 1.1% of Hennabun. The only such director is Sue Au Shuk Yee.
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