Chan, Kenneth Chak Kai 陳澤鍇
Planetree (0613) buys back 16.47% of Green River Associates Ltd from Mr Au-Yeung Kai Wah for HK$80m
Company announcement, 28-Dec-2023
As of 7-Dec-2022, the shares were held by a 100% subsidiary of CST (0985). So Mr Au-Yeung must have acquired them since then. That's the second asset in a week that Planetree has bought back which was previously owned by CST, following the $50m purchase of 5.32% of Planetree Securities Ltd from Kenneth Chan Chak Kai a week earlier. CST was privatised on 5-Dec-2023. One of 3 unnamed other holders of GRA is probably Touyun (1332) which held 13 shares (5.10%) at 30-Jun-2023.
Company announcement, 28-Dec-2023
As of 7-Dec-2022, the shares were held by a 100% subsidiary of CST (0985). So Mr Au-Yeung must have acquired them since then. That's the second asset in a week that Planetree has bought back which was previously owned by CST, following the $50m purchase of 5.32% of Planetree Securities Ltd from Kenneth Chan Chak Kai a week earlier. CST was privatised on 5-Dec-2023. One of 3 unnamed other holders of GRA is probably Touyun (1332) which held 13 shares (5.10%) at 30-Jun-2023.
Planetree (0613) buys back 5.32% of Planetree Securities Ltd for HK$50m
Company announcement, 21-Dec-2023
The vendor, Polymate Investments Ltd, is now owned by Kenneth Chan Chak Kai. However, when the stake was issued for $50m in June 2022, Polymate was owned by CST (0985), so Mr Chan must have acquired it since then. The stake was 8.482% when issued, but has since been diluted to 5.32%. CST was privatised on 5-Dec-2023.
Company announcement, 21-Dec-2023
The vendor, Polymate Investments Ltd, is now owned by Kenneth Chan Chak Kai. However, when the stake was issued for $50m in June 2022, Polymate was owned by CST (0985), so Mr Chan must have acquired it since then. The stake was 8.482% when issued, but has since been diluted to 5.32%. CST was privatised on 5-Dec-2023.
Planetree (0613) lends HK$85m to Osman Bin Kitchell and $90m to Kenneth Chan Chak Kai
Company announcement, 1-Mar-2022
The lender, Maxlord Enterprises, is 33.33% owned by Blue River (0498) and 66.67% by Planetree, which is 67.22% owned by Karen Lo Ki Yan. On 30-Dec-2021, Mr Kitchell bought 28.53% of Blue River from Oshidori (0622) for HK$160m. He is Chairman of Imagi (0585), which is 21.31% owned by Oshidori. On 17-Feb-2022, Oshidori invested HK$750m in 17.81% of Future Capital Group Ltd, which until then was 100% owned by Ms Lo. Blue River owns 48.23% of Paul Y. Engineering Group Ltd, of which Mr Chan owns 51.76%, including 10% held via Elemet Ltd, as at 4-Nov-2021. Blue River in Dec-2021 terminated a proposed purchase of his total stake in PYE after the Stock Exchange classified it as a Reverse Takeover.
Company announcement, 1-Mar-2022
The lender, Maxlord Enterprises, is 33.33% owned by Blue River (0498) and 66.67% by Planetree, which is 67.22% owned by Karen Lo Ki Yan. On 30-Dec-2021, Mr Kitchell bought 28.53% of Blue River from Oshidori (0622) for HK$160m. He is Chairman of Imagi (0585), which is 21.31% owned by Oshidori. On 17-Feb-2022, Oshidori invested HK$750m in 17.81% of Future Capital Group Ltd, which until then was 100% owned by Ms Lo. Blue River owns 48.23% of Paul Y. Engineering Group Ltd, of which Mr Chan owns 51.76%, including 10% held via Elemet Ltd, as at 4-Nov-2021. Blue River in Dec-2021 terminated a proposed purchase of his total stake in PYE after the Stock Exchange classified it as a Reverse Takeover.
Blue River (0498) proposes to buy 51.76% of Paul Y. Engineering Group Ltd from Kenneth Chan Chak Kai for HK$675m
Company announcement, 4-Nov-2021
The voting rights over a 10% stake had on 1-Jun-2021 been assigned by Mr Chan to Blue River, which already owns 48.23% of PYE. 14 days before that, South Shore (0577) lost control of the 51.76% stake when the stake's holding company was sold by a lender to an unnamed third party for HK$150m. On 29-Jul-2021 Mr Chan agreed to sell the entire stake to Blue River, but the Stock Exchange regards this as a Reverse Takeover of PYE, a decision which will be appealed to the Listing Committee.
Company announcement, 4-Nov-2021
The voting rights over a 10% stake had on 1-Jun-2021 been assigned by Mr Chan to Blue River, which already owns 48.23% of PYE. 14 days before that, South Shore (0577) lost control of the 51.76% stake when the stake's holding company was sold by a lender to an unnamed third party for HK$150m. On 29-Jul-2021 Mr Chan agreed to sell the entire stake to Blue River, but the Stock Exchange regards this as a Reverse Takeover of PYE, a decision which will be appealed to the Listing Committee.
CEGFL (0379) - additional disclosure on Simagi Finance Co Ltd ownership and directors
Company announcement, 23-Jan-2020
CEGFL also gets a seat on the board of Simagi.
Company announcement, 23-Jan-2020
CEGFL also gets a seat on the board of Simagi.
Mason (0273) sells Willie Link Ltd for HK$400m
| Circular
Company announcement, 4-Nov-2016
This was done in 2 blocks. 45% was sold in Mar-2016 to Apex Corporate Investments Ltd for HK$200m, and 55% now to Best Mate Ltd, owned by Kenneth Chan Chak Kai, for HK$200m. Mason fails to say who owns Apex. We can tell you that it was once owned by CIFG (0412) which sold it to High Rhine Ltd (BVI) on 20-Nov-2014. According to Mason's 2015 accounts, it acquired High Rhine in Jun-2015. Update: a Mason rights issue circular on 13-Dec-2016 reveals the owner as Mr Chow Kam Wah.
Company announcement, 4-Nov-2016
This was done in 2 blocks. 45% was sold in Mar-2016 to Apex Corporate Investments Ltd for HK$200m, and 55% now to Best Mate Ltd, owned by Kenneth Chan Chak Kai, for HK$200m. Mason fails to say who owns Apex. We can tell you that it was once owned by CIFG (0412) which sold it to High Rhine Ltd (BVI) on 20-Nov-2014. According to Mason's 2015 accounts, it acquired High Rhine in Jun-2015. Update: a Mason rights issue circular on 13-Dec-2016 reveals the owner as Mr Chow Kam Wah.
Tack Fat (0928) diversifies
Company announcement, 30-Aug-2011
Like fellow members of what we call the "Chung Nam Network", Tack Fat is applying for a money-lender's license and is going to start investing in securities - presumably of other listed group members. It is also acquiring Z & Z International Ltd from Mr Au Yeung Kai Wah and Mr Kenneth Chan Chak Kai for HK$16m.
Company announcement, 30-Aug-2011
Like fellow members of what we call the "Chung Nam Network", Tack Fat is applying for a money-lender's license and is going to start investing in securities - presumably of other listed group members. It is also acquiring Z & Z International Ltd from Mr Au Yeung Kai Wah and Mr Kenneth Chan Chak Kai for HK$16m.
Forefront buys Leapfly Ltd from Z & Z International Ltd for HK$20m
Company announcement, 18-Oct-2007
The vendor is purportedly owned by Bonnie Chu See Ming, Au Yeung Kai Wah, and Kenneth Chan Chak Kai. Leapfly had earlier been acquired on 10-Apr-06 by Freeman from Willie for $7m. We don't know when Freeman sold and to whom.
Company announcement, 18-Oct-2007
The vendor is purportedly owned by Bonnie Chu See Ming, Au Yeung Kai Wah, and Kenneth Chan Chak Kai. Leapfly had earlier been acquired on 10-Apr-06 by Freeman from Willie for $7m. We don't know when Freeman sold and to whom.
Sign up for our free newsletter
Recommend Webb-site to a friend
Copyright & disclaimer, Privacy policy