ASIA ENERGY LOGISTICS GROUP LIMITED 亞洲能源物流集團有限公司
41 endangered stocks
If HKEX proceeds with an ill-conceived Listing Rule change, companies with disclaimed audit reports for 2019 will be suspended and likely delisted, victimising minority shareholders. We now list those with disclaimed audits up to 30-Jun-2018 which would be affected if the rule applied today. Make your submission to stop this nonsense! (17-Nov-2018)
If HKEX proceeds with an ill-conceived Listing Rule change, companies with disclaimed audit reports for 2019 will be suspended and likely delisted, victimising minority shareholders. We now list those with disclaimed audits up to 30-Jun-2018 which would be affected if the rule applied today. Make your submission to stop this nonsense! (17-Nov-2018)
Asia Energy Logistics (0351): SFC blocks placing
Company announcement, 19-May-2017
The SFC has objected to the listing of the placing shares - something that the Stock Exchange, the for-profit regulator owned by HKEX (0388), was apparently unwilling to do.
Company announcement, 19-May-2017
The SFC has objected to the listing of the placing shares - something that the Stock Exchange, the for-profit regulator owned by HKEX (0388), was apparently unwilling to do.
Asia Energy Logistics (0351) plans toxic convertibles
Company announcement, 12-Dec-2014
The subscriber would convert at 80% of the lowest 3-day average in a 45-day window prior to its chosen conversion date, as long as the resulting conversion price exceeds $0.01. This type of convertible is also known as a "death spiral convertible" because the number of shares increases as the share price falls, and the expected dilution can cause it to fall further.
Company announcement, 12-Dec-2014
The subscriber would convert at 80% of the lowest 3-day average in a 45-day window prior to its chosen conversion date, as long as the resulting conversion price exceeds $0.01. This type of convertible is also known as a "death spiral convertible" because the number of shares increases as the share price falls, and the expected dilution can cause it to fall further.
HKSAR v Hon Ming Kong, Anthony Chow Ho Tung & Kan Lai Lai Kan (aka Lai Kam Tung)
HK Court of Appeal, 14-May-2014
HK Court of Appeal, 14-May-2014
HKSAR v Hon Ming Kong, Anthony Chow Ho Tung & Kan Lai Lai Kan (aka Lai Kam Tung)
HK Court of Appeal, 28-Mar-2014
CCPHL is now China Fortune Financial (0290) and CSCP is now Asia Energy Logistics (0351). Justice Frank Stock opens with a criticism over the "extraordinary" waste of public funds in the 128-day trial, and the fact that under standard policy, the prosecution does not seek its costs upon conviction, "a policy about which taxpayers should be concerned".
HK Court of Appeal, 28-Mar-2014
CCPHL is now China Fortune Financial (0290) and CSCP is now Asia Energy Logistics (0351). Justice Frank Stock opens with a criticism over the "extraordinary" waste of public funds in the 128-day trial, and the fact that under standard policy, the prosecution does not seek its costs upon conviction, "a policy about which taxpayers should be concerned".
Ex-chairman of listed company jailed for HK$63m embezzlement and fraud
| Reasons for sentence
ICAC, 11-Jul-2011
Abba Chan Tat Chee is thereby inducted into the Webb-site Hall of Shame.
ICAC, 11-Jul-2011
Abba Chan Tat Chee is thereby inducted into the Webb-site Hall of Shame.
Asia Energy Logistics Group Ltd v Abba Chan Tat Chee & Hon Ming Kong
HK Court of First Instance, 5-Aug-2010
HK Court of First Instance, 5-Aug-2010
Asia Energy Logistics (0351) buys shares in Tack Hsin (0611) for 10x NAV
Company announcement, 18-Feb-2010
Company announcement, 18-Feb-2010
Hong Kong Building and Demolition
HKBLA (0145) has been a perennial cash shell. After 3 takeovers, its foundations now appear to be under threat as its cash pile gets depleted on dubious transactions, including investment in Byford and an "earnest deposit". It appears to have become part of a network which includes at least 9 other listed companies. (10-Dec-2009)
HKBLA (0145) has been a perennial cash shell. After 3 takeovers, its foundations now appear to be under threat as its cash pile gets depleted on dubious transactions, including investment in Byford and an "earnest deposit". It appears to have become part of a network which includes at least 9 other listed companies. (10-Dec-2009)
Value Divergence, part 2
What's going on at Value Convergence (0821)? We list the placees in the convertible bond issue, which has been delayed, and analyse their connections to a network of other companies we have written about before. Is VC joining that network? We also look at the massive dilution that awaits shareholders of China Fortune (0290). (10-Dec-2009)
What's going on at Value Convergence (0821)? We list the placees in the convertible bond issue, which has been delayed, and analyse their connections to a network of other companies we have written about before. Is VC joining that network? We also look at the massive dilution that awaits shareholders of China Fortune (0290). (10-Dec-2009)
Skin in the game
In part 3 of a series, we look at the often calamitous IPOs produced by B M Intelligence and its conversion into China Bio-med Regeneration Technology, involving a huge mark-up on the acquisition. We also cover an international organisation run out of a cobbler's shop in Las Vegas, and the recent changes of ownership in CBRT, including a CPPC member who is a big fan of the PLA. (23-Jun-2009)
In part 3 of a series, we look at the often calamitous IPOs produced by B M Intelligence and its conversion into China Bio-med Regeneration Technology, involving a huge mark-up on the acquisition. We also cover an international organisation run out of a cobbler's shop in Las Vegas, and the recent changes of ownership in CBRT, including a CPPC member who is a big fan of the PLA. (23-Jun-2009)
Tiger Tech (8046) subscribes HK$10m convertible bonds in CSCP (0351)
Company announcement, 9-Oct-2008
The subscription is via Right Source Investment Ltd, a wholly-owned subsidiary.
Company announcement, 9-Oct-2008
The subscription is via Right Source Investment Ltd, a wholly-owned subsidiary.
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