SHAANXI NORTHWEST NEW TECHNOLOGY INDUSTRY COMPANY LIMITED 陝西西北新技術實業股份有限公司

Raking muck, Part 6
Concluding our hexalogy, we look at a recent deal by COMG (0254). Existing shareholders were diluted to 2.54% in an acquisition valued at HK$1242m for a business which would need capital of HK$3.6m. We estimate that the vendor has already cashed in about $1812m by selling convertible bonds and shares. We also look at what comes next for COMG, and some unfinished business for the authorities. (11-Mar-2012)
Shaanxi Northwest (8258) grants 2-year options over 46m H-shares @$0.25 to Joseph Lau Chi Yuen
Company announcement, 23-Nov-2011
For no good reason and receiving only $180k for the options or $0.0039 per share.
SFC bans Mr Lin Ko Ming for 7 years
SFC, 5-Oct-2009
SFC fines Core Pacific-Yamaichi HK$6.45m
SFC, 17-Apr-2008
SFC prosecutes Mr Lin Ko Ming for disclosure failure
SFC, 30-Jun-2005

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