Joint Global Ltd joint venture agreement dated 15-Sep-2015
Company filing, 7-Jun-2017
Thanks to the SFC's Takeovers Code, this agreement has been published online by CMBC Capital Holdings Ltd (1141), one of the 11 entities in what we call the "Chung Nam Network" which pooled their shares in HEC Capital Ltd into Joint Global Ltd, which then imploded like a black hole. It relates to our story "The Joint Global implosion", 30-Sep-2016.

• Orgs
  • Aceso Life Science Group Limited
  • Central Wealth Group Holdings Limited
  • Charter Pearl Limited
  • CMBC Capital Holdings Limited
  • CST Group Limited
  • Enterprise Development Holdings Limited (KY)
  • Equity Base Investments Limited
  • Esteem Ocean Limited
  • Four Sheets Limited
  • GT GROUP HOLDINGS LIMITED
  • Hao Tian Finance Company Limited
  • HEC Capital Limited
  • High Rhine Limited
  • Joint Global Limited (MH)
  • Leadton Corp.
  • Lofty Swan Investments Limited
  • MASON GROUP HOLDINGS LIMITED
  • Mass Nation Investments Limited
  • Mission Investments Holdings Limited
  • OCI International Holdings Limited
  • Rentian Technology Holdings Limited
  • SHANDONG HI-SPEED HOLDINGS GROUP LIMITED
  • SKYTOP TECHNOLOGY LIMITED

Dragonite (0329) pools shares of HEC Capital Ltd with others
Company announcement, 11-May-2016
This announcement of a transaction 8 months earlier follows a complaint by Webb-site regarding the opacity of the 2015 results. Dragonite is a member of what we call the "Chung Nam Network". Dragonite fails to disclose the governance arrangements of Joint Global Ltd such as its board composition, or how, with an 8.89% stake, Dragonite will have any influence over its decisions. In our view, this should have been a disclosable transaction under Chapter 14 of the Listing Rules as it represents 15.1% of total assets at 31-Dec-2014.

• Orgs
  • HEC Capital Limited
  • Joint Global Limited (MH)
  • OCI International Holdings Limited
• Topics
  • Listing rules