Choi, Ka Nam 蔡家楠

Mason Financial (0273) to sell 52.69% of Co-Lead Holdings Ltd to Capital Union Inc.Circular
Company announcement, 30-Mar-2016
Mason doesn't say who owns the Purchaser, which it claims is an independent third party. The last time we heard (30-Jan-2009) it was controlled by Eugene Chuang Yue Chien, who is the brother of Henry Chuang Yueheng, who was Chairman of Mason until 1-Aug-2015. Under the Listing Rules, he remains a connected person for 1 year after that, and so does his brother, being his "associate". If the ownership of Capital Union has not changed, then this should be a connected transaction. Update: the circular on 23-Jun-2016 discloses 5 owners with 20% each (including a cousin) and denies any involvement of the brothers. It also reveals that Enerchina (0622) holds 5.44% of Co-Lead. Ristora Investments Ltd (owned by Karen Lo, wife of Eugene Chuang) has acquired West West Ltd (which CSPT (0139) sold to an unnamed party in Sep-2015), holding 5.32% of Co-Lead, and 210 shares (3.69%) once held by National Investments Fund (1227).
Radford (0901) shareholders remove 2 EDs, 2 INEDs and veto mandates & options scheme
Company announcement, 30-Jun-2011
That's a step in the right direction! Now there are 2 EDs and one INED (who were not up for re-election at today's AGM). Let's see what happens next.
Dragonite (0329) issues shares to Ms Choi Ka Nam, ED of Radford Capital (0901)
Company announcement, 30-Mar-2011
Dragonite and Radford are both members of what we call the "Chung Nam Network". The issue price is a 12.1% discount to today's close, for an issue size which is less than half the 44.8m shares traded today (30-Mar-2011).

Sign up for our free newsletter

Recommend Webb-site to a friend

Copyright & disclaimer, Privacy policy

Back to top