Enerchina (0622) buys 30% of HEC Securities Co Ltd for HK$525m

As far as we know, the vendor is 100% owned by HEC Capital Ltd, a hub in what we call the "Chung Nam Network". The price is a $236m premium to the attributable net assets at 30-Sep-2016. Enerchina already has an 88.22% subsidiary in financial services called Win Wind Capital Ltd, which owns Win Wind Securities Ltd.

Organisations

HEC Capital Limited
HEC International Group Limited
HEC Securities Company Limited
Oshidori International Holdings Limited
Uptown Enerchine Capital Limited

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Organisations