Lun, Francis Sheung Nim 藺常念

GEO Securities deal restructured
Company announcement, 14-Oct-2016
Unspecified condition(s) of the 3-way venture cannot be fulfilled, so Capital VC (2324) is replaced as a 28% holder by another Chapter 21 investment company, China Investment and Finance (1226). China Automotive Interior Decoration (0048) will still own 42% and Ms Li Chui Ling, who owns 100%, will own 30%.
CAID (0048) reveals the other shareholders of GEO Securities Ltd
Company announcement, 7-Jul-2016
This follows a complaint by Webb-site that CAID had failed to say who it was getting into bed with. This turns out to be Capital VC (2324), which is subscribing 29.997%. The remainder will be held by Ms Li Chui Ling, who currently owns 100%.
CAID (0048) to subscribe 42% of stockbroker GEO Securities Ltd
Company announcement, 28-Jun-2016
A second, unnamed subscriber is taking 283.78m shares (27.997%) of the broker. The announcement also fails to disclose who will own the remaining 30.003%, instead just naming the manager, Francis Lun Sheung Nim, who is often quoted in the media.
Webb on "Backchat" re the Exchange Fund and the structural tax surplus
RTHK, 4-Nov-2015
Webb on "Backchat" re market reforms, tycoons and the political structure
RTHK, 31-Mar-2010

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