Imagi Lenders Limited
Imagi (0585) subsidiary lends HK$75m to Blue River (0498) at 5% p.a. for 12 months
Company announcement, 18-Jul-2022
Blue River is 28.53% owned by Imagi Chairman Osman bin Kitchell. As this is less than 30%, it is not a Connected Transaction under the Listing Rules. Imagi is 21% owned by Oshidori (0622). Trading in the shares of Blue River has been suspended since 20-May-2022.
Company announcement, 18-Jul-2022
Blue River is 28.53% owned by Imagi Chairman Osman bin Kitchell. As this is less than 30%, it is not a Connected Transaction under the Listing Rules. Imagi is 21% owned by Oshidori (0622). Trading in the shares of Blue River has been suspended since 20-May-2022.
Celebrate (8212) interim results for 31-Dec-2019
Company announcement, 13-Feb-2020
This reveals that on 2 and 3-Jul-2019, days after its year-end, Celebrate subscribed 30 shares (0.30%) of Freeman Opto Money Lending Corp Ltd @$50k for $1.5m and 1000 shares (9.09%) of Longtop Enterprises Ltd @$1500 for $1.5m. Both are money-lenders. By the end of 2019, the former investment was impaired to just $76k. The rest of FOML is owned by Freeman (0279) and the rest of Longtop is owned by Imagi (0585).
Company announcement, 13-Feb-2020
This reveals that on 2 and 3-Jul-2019, days after its year-end, Celebrate subscribed 30 shares (0.30%) of Freeman Opto Money Lending Corp Ltd @$50k for $1.5m and 1000 shares (9.09%) of Longtop Enterprises Ltd @$1500 for $1.5m. Both are money-lenders. By the end of 2019, the former investment was impaired to just $76k. The rest of FOML is owned by Freeman (0279) and the rest of Longtop is owned by Imagi (0585).
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