CSPT (0139) half-year results for 30-Sep-2015

Apart from humungous losses on investments in shares of companies in what we call the "Chung Nam Network", CSPT reveals that on the last day of the period, it sold West West Ltd and Four Sheets Ltd to unnamed parties for HK$45m and $30m. We can add that WW held 303 shares (5.58%) of Co-Lead Holdings Ltd, which it received in a swap in Jul-2015 for its holding in Freeman Corp Ltd, which it subscribed for $88m in Sep-2014. FS held 10m shares of HEC Capital Ltd, which it subscribed for HK$65m in Sep-2014 and at period-end was in the process of swapping for 10m shares of Joint Global Ltd.

Organisations

Central Wealth Group Holdings Limited 中達集團控股有限公司
Co-Lead Holdings Limited
Four Sheets Limited
Freeman Corporation Limited (KY)
HEC Capital Limited
Joint Global Limited (MH)
West West Limited

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Organisations