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Proposed acquisition by China Motion Telecom of Grand Promise for HK$240m | Disclosure of interest
Company circular, 24-Jan-2007
China Motion Telecom does not say who owns the vendor, which is a BVI company. A disclosure of interest filing shows that it is Cheung Kwai Lan. Madam Cheung Kwai Lan is Chair of Aptus Holdings Ltd and China Vanguard Group Ltd. The deal is terminated on 29-Mar-07 because of the "very limited information" available for due diligence.
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