PROSPERITY INTERNATIONAL HOLDINGS (H.K.) LIMITED

Hao Tian (0474): Prosperity (0803) exercises put option to return its stake in Hao Tian Finance for HK$115mProsperity announcement
Company announcement, 9-Apr-2018
The put option was exercisable because HTF did not obtain a listing for its shares.
HKICPA v X & Y
HK Court of Appeal, 20-Oct-2017
From the facts in the judgment, this case is clearly about the 2010 audit of Prosperity (0803) and the accounting for its acquisition of Prosperity Minerals Holdings Ltd, so the auditors Y, are RSM Hong Kong, and its engagement partner X. They win their appeal because the HKICPA disciplinary panel found them guilty of a charge which had not been properly put to them.
Hao Tian (0474): dilution of interest in Hao Tian Finance
Company announcement, 28-Apr-2015
The announcement fails to say who owns the subscriber, Century Golden Resources Investment Co. Ltd.. We can tell you it is 60% owned by Mr Huang Rulun. It also owns a 13% stake in Heritage (0412), another member of what we call the "Chung Nam Network".
Prosperity (0803) to pay HK$100m for 10% of Hao Tian Finance Co LtdHao Tian announcement
Company announcement, 9-Apr-2015
Prosperity may be about to enter what we call the "Chung Nam Network", of which Hao Tian (0474) is a member.
Criticism of Company
SEHK, 8-Aug-2005
Breach of GEM Listing Rules
Company announcement, 14-Oct-2003
Breach of GEM Listing Rules 18.03 and 18.49
Company announcement, 17-Jun-2003

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