China United to inject HK$75m into Hennabun Management Inc for 25m shares at HK$3/share

Another entity, Equity Spin Investments Ltd, has agreed to subscribe 10m shares, purportedly on the same date, at an unspecified price. Later a circular stated that Equity Spin signed up on 27-Mar-2001 and at the 67% higher price of HK$5 per share taking into account "different prevailing factors". There's no evidence of that, because the deal was not announced in March and had not completed by the time it was announced. It later emerged that Equity Spin is owned by Hansom Eastern (0279), the largest shareholder of which is jointly controlled by Karen Lo Ki Yan and Cindy Yau Shum Tek.

Organisations

Allied Weli Development Limited
Arta TechFin Corporation Limited 裕承科金有限公司
Equity Spin Investments Limited
MASON GROUP HOLDINGS LIMITED 茂宸集團控股有限公司

People

Lo, Karen Ki Yan 羅琪茵
Yau, Cindy Shum Tek 邱深笛

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