Future Master Investments Limited
Blue River (0498) injects HK$44.5m for 25% of Quality World Investments Ltd (BVI)
Company announcement, 16-Sep-2022
The other 75% is owned by Future Master Investments Ltd, ultimately owned 82.19% by Karen Lo Ki Yan and 17.81% by Oshidori (0622). We note that on 18-Jul-2022, Blue River borrowed HK$75m from Imagi Lenders Ltd, which is a non-wholly owned subsidiary of Imagi (0585), which is 21% owned by Oshidori.
Company announcement, 16-Sep-2022
The other 75% is owned by Future Master Investments Ltd, ultimately owned 82.19% by Karen Lo Ki Yan and 17.81% by Oshidori (0622). We note that on 18-Jul-2022, Blue River borrowed HK$75m from Imagi Lenders Ltd, which is a non-wholly owned subsidiary of Imagi (0585), which is 21% owned by Oshidori.
Trillion Grand (8103) sells Cicero Capital Ltd to Future Master Investments Ltd
| Termination
Company announcement, 11-Dec-2017
The purchaser is a fellow subsidiary of Codoba Homes Finance Ltd, which financed the purchase from Imagi (0585) in Aug-2016. The underlying property is 9/F of Global Trade Square, 21 Wong Chuk Hang Road, with 3 car parking spaces there. All companies involved are in what we call the "Chung Nam Network". Update: the deal was terminated on 26-Jan-2018.
Company announcement, 11-Dec-2017
The purchaser is a fellow subsidiary of Codoba Homes Finance Ltd, which financed the purchase from Imagi (0585) in Aug-2016. The underlying property is 9/F of Global Trade Square, 21 Wong Chuk Hang Road, with 3 car parking spaces there. All companies involved are in what we call the "Chung Nam Network". Update: the deal was terminated on 26-Jan-2018.
Yugang (0613) buys property vehicles from Cordoba Homes Ltd for HK$280.7m
Company announcement, 14-Mar-2017
They own 1st and 11th floors of China United Centre, North Point.
Company announcement, 14-Mar-2017
They own 1st and 11th floors of China United Centre, North Point.
China Jinhai (0139) sells 15/F China United Centre in shell
Company announcement, 12-May-2015
The announcement fails to say who owns the buyer. We can tell you that as of 18-Sep-2012, Future Master Investments Ltd was owned by Cordoba Homes Ltd. That is 94.54% owned by HEC Capital Ltd (a hub of the "Chung Nam Network") and 5.46% owned by Mission Capital (1141). The shell deal avoids 8.5% Double Stamp Duty on the deal. The deal occurs just 6 weeks after completing the purchase of the same thing from Qualipak (1332).
Company announcement, 12-May-2015
The announcement fails to say who owns the buyer. We can tell you that as of 18-Sep-2012, Future Master Investments Ltd was owned by Cordoba Homes Ltd. That is 94.54% owned by HEC Capital Ltd (a hub of the "Chung Nam Network") and 5.46% owned by Mission Capital (1141). The shell deal avoids 8.5% Double Stamp Duty on the deal. The deal occurs just 6 weeks after completing the purchase of the same thing from Qualipak (1332).
Dragonite (0329) sells basement of China United Centre for HK$140m
Company announcement, 21-Jan-2014
Actually they are selling the BVI co which indirectly owns it, thereby avoiding 8.5% Double Stamp Duty (if passed). The owner of the buyer is not disclosed, but later filings show that at 18-Sep-2012 it was a 100% subsidiary of HEC Capital Ltd. Both Dragonite and HEC Capital are in what we call the "Chung Nam Network".
Company announcement, 21-Jan-2014
Actually they are selling the BVI co which indirectly owns it, thereby avoiding 8.5% Double Stamp Duty (if passed). The owner of the buyer is not disclosed, but later filings show that at 18-Sep-2012 it was a 100% subsidiary of HEC Capital Ltd. Both Dragonite and HEC Capital are in what we call the "Chung Nam Network".
Freeman (0279) sells property in China United Centre to Cordoba Homes for 200m shares
Company announcement, 13-Apr-2011
Company announcement, 13-Apr-2011
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