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Enterprise Development (1808) coughs up investment details at 30-Jun-2016 and 31-Dec-2015 | The Joint Global implosion
Company announcement, 30-Nov-2016
This follows a complaint by Webb-site to HKEX on 4-Sep-2016. The announcement hints at what happened to Joint Global Ltd, featured in our article "The Joint Global implosion". During the first half of 2016, JG disposed of its entire 26.96% shareholding in HEC Capital Ltd for an undisclosed price and had incurred a cumulative loss of HK$1978m by 30-Jun-2016, reducing its net assets from HK$2130m to just $132m, including a 5-year promissory note of $131m.
Organisations
- China e-Wallet Payment Group Limited 中國錢包支付集團有限公司
- China Environmental Resources Group Limited 中國環境資源集團有限公司
- Enterprise Development Holdings Limited (KY) 企展控股有限公司
- Joint Global Limited (MH)
- SHANDONG HI-SPEED HOLDINGS GROUP LIMITED 山高控股集團有限公司
- Smart Role Limited
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