CA Cultural Technology Group Limited 華夏文化科技集團有限公司
ACCP Global Ltd, 100%-owned by Barry Lau Wang Chi, defaults on subscription of shares in CA Cultural (1566)
Company announcement, 8-Dec-2021
Astonishingly, the 86m shares were allotted on 29-Sep-2021 without having been paid for, and 40m of the shares were deposited into the clearing system with a broker, Well Link Securities Ltd, for the subscriber's account. A week later, the stock crashed 77%, and now the subscriber has defaulted. We note that Keith Kwan Kin Man, the CFO of Well Link, was once a licensed representative of Adamas Asset Management (HK) Ltd, which was then 50% owned by Barry Lau.
Company announcement, 8-Dec-2021
Astonishingly, the 86m shares were allotted on 29-Sep-2021 without having been paid for, and 40m of the shares were deposited into the clearing system with a broker, Well Link Securities Ltd, for the subscriber's account. A week later, the stock crashed 77%, and now the subscriber has defaulted. We note that Keith Kwan Kin Man, the CFO of Well Link, was once a licensed representative of Adamas Asset Management (HK) Ltd, which was then 50% owned by Barry Lau.
Barry Lau Wang Chi via ACCP Global Ltd agrees to subscribe 86m shares (8.05%) of CA Cultural (1566) at $2.50 per share for HK$215m
Company announcement, 1-Sep-2021
Company announcement, 1-Sep-2021
Future World (0572) swaps 8.68% of itself for 0.406% of CA Cultural (1566)
| CA Cultural announcement
Company announcement, 24-Aug-2021
Company announcement, 24-Aug-2021
Hao Tian Dev (0474) issues shares to China Animation (1566)
Company announcement, 13-Feb-2019
The new shares amount to 7.07% of the enlarged shares. In return, HTD gets 49% of a newly-incorporated subsidiary of China Animation, which holds unspecified intellectual property rights. China Animation has not made any announcement, so we have no idea why it is doing this.
Company announcement, 13-Feb-2019
The new shares amount to 7.07% of the enlarged shares. In return, HTD gets 49% of a newly-incorporated subsidiary of China Animation, which holds unspecified intellectual property rights. China Animation has not made any announcement, so we have no idea why it is doing this.
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