Peak Zone Group Limited

CIFG (1226) coughs up details of investments at 30-Sep-2016
Company announcement, 23-Jan-2017
This follows a complaint to HKEX by Webb-site on 26-Dec-2016 that CIFG had failed to disclose details of "significant investments" as required by paragraph 32(4) of Appendix 16 of the Listing Rules. We calculate that the holdings included 3.32% of WLS (8021), 3.90% of KPM (8027), 1.30% of GCPS (8193), 4.49% of AMCO (0630) and 4.86% of RCG (0802).
Hao Wen, Capital VC and Unity
Webb-site finds questionable cash investments at extremely high valuations which link together 3 listed companies. We urge the SFC's corporate misconduct team to investigate. (24-Sep-2015)

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