In this article
Waytung Global (0021) sells subsidiary with Hennabun stake for HK$10k
Company announcement, 29-Dec-2010
The purchaser is a BVI company, the owner of which is not disclosed. This vehicle, via 100% subsidiary Active Chance Ltd, held a stake in Hennabun Capital Group Ltd, for which the group originally paid HK$59m in 2003. We calculate that by the time of this disposal, the original stake of 32,000,000 shares (10.35% at 31-Dec-2003) had been consolidated into 320,000 shares and diluted to 0.15%, not 0.23% as stated.
Organisations
- ACTIVE CHANCE LIMITED
- Allied Weli Development Limited
- Great China Holdings (Hong Kong) Limited 大中華控股(香港)有限公司
- Positive Success Limited
Sign up for our free newsletter
Recommend Webb-site to a friend
Copyright & disclaimer, Privacy policy