CONVOY COLLATERAL LIMITED 康宏財務有限公司

Hong Kong sees first 'Enigma' stock fraud charge of many to come
TheStreet.com, 17-May-2019
Roy Cho Kwai Chee charged with conspiracy to defraud Convoy (1019)SFC announcement
ICAC, 16-May-2019
2 years and 1 day after we published the "Enigma Network" report, the first charge is brought, relating to a relatively small and previously-unannounced acquisition by Convoy. 55% of the target was owned by Mr Cho. The ICAC alleges that he owned "50% shareholdings" in Convoy. He was not a disclosed shareholder, so to prove this, they will need to show that he was pulling the strings of numerous listed companies in the network which held the stock. Two co-conspirators are unnamed. We wait to see the rest of the iceberg.
Enigma fallout: the social media fund
We piece together disclosures by 4 listed companies in the Enigma Network to reveal a pseudo-fund which held a single 55% stake in a social media company, posing new questions for the regulators. (28-Apr-2019)
Convoy (1019) sues 4 more
Company announcement, 27-Dec-2017
Jun Yang (0397) details and denies allegations in Convoy (1019) writ
Company announcement, 20-Dec-2017
China Green (0904): more details of Convoy suit
Company announcement, 20-Dec-2017
Convoy sues 28 over fund transfers
HK Standard, 20-Dec-2017
China Green (0904) sued by Convoy (1019)
Company announcement, 19-Dec-2017
HK Education (1082) sued by Convoy (1019)
Company announcement, 19-Dec-2017
War breaks out in the Enigma Network. Convoy now says that in a massive placing in 2015, it provided margin financing for HK Education to take up shares, so Convoy was in effect financing the subscription of its own shares.
IECCT (8081) sued by Convoy
Company announcement, 19-Dec-2017
Convoy sues ex-directors for stealing from financial adviser’s US$520m stock placement
South China Morning Post, 19-Dec-2017

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