Li, Shengnan

China Fortune (8116) terminates placing of unlisted warrants
Company announcement, 1-Nov-2013
The company does not say which condition(s) were not satisfied, but refer to the announcement on 20-Aug-2013: the only condition that mattered was Listing Committee approval for listing of the underlying shares. The company should say why this approval was not obtained.
China Fortune (8116) identifies beneficial owners of warrant subscribers
Company announcement, 26-Sep-2013
This follows a complaint filed with regulators by Webb-site on 20-Aug-2013. What this new announcement doesn't mention is that Kevin Tsang Kwong Chiu was the Finance Director of Peace Mark (Holdings) Ltd from 1997 until after it collapsed. China Fortune still does not say where the subscribers are incorporated.
China Fortune (8116) issues unlisted warrants to 2 shell companies
Company announcement, 20-Aug-2013
The place of incorporation of the subscribers and the names of their beneficial owner(s) are not disclosed. Webb-site has filed a complaint with the regulators.

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