Yu, Vicky Wai Yin 余慧妍
Excel Courage Holdings Ltd & another v Wong Sin Lai/Lei (fka Wong Tam Yee) & others
HK Court of First Instance, 26-Feb-2016
Para 118: "This leaves the clear impression of there being someone other than Mr Sin controlling matters on behalf of Huge Leader or Excel who is not willing to make themselves or their capacity known to the court for the purpose of these proceedings."
HK Court of First Instance, 26-Feb-2016
Para 118: "This leaves the clear impression of there being someone other than Mr Sin controlling matters on behalf of Huge Leader or Excel who is not willing to make themselves or their capacity known to the court for the purpose of these proceedings."
Raking muck, Part 2
Continuing our series, we look at a set of over-priced acquisitions and questionable transactions by China Post e-Commerce and others, building a matrix which demonstrates the close connections between the persons involved. We call on the SFC to investigate. (27-Feb-2012)
Continuing our series, we look at a set of over-priced acquisitions and questionable transactions by China Post e-Commerce and others, building a matrix which demonstrates the close connections between the persons involved. We call on the SFC to investigate. (27-Feb-2012)
Raking muck, Part 1
In the first of a multi-part series, we delve into a transaction by the HK offshoot of Xinhua, the PRC's official news agency, and the people behind it. (21-Feb-2012)
In the first of a multi-part series, we delve into a transaction by the HK offshoot of Xinhua, the PRC's official news agency, and the people behind it. (21-Feb-2012)
Tsun Yip (8356) buys 17% of China New Media (HK) Co Ltd from Vicky Yu Wai Yin
Company announcement, 29-Jul-2011
For HK$70.04m of which $25m in cash and $45.04m in promissory notes. This follows the earlier purchase of 19% by Inno-Tech (0254) and the purchase 3 days ago of 7% by China Railsmedia (0745). The target is 51% owned by China Outdoor Media (8202). Its valuation is still claimed at $412m despite being loss-making and having negative net assets of $1m.
Company announcement, 29-Jul-2011
For HK$70.04m of which $25m in cash and $45.04m in promissory notes. This follows the earlier purchase of 19% by Inno-Tech (0254) and the purchase 3 days ago of 7% by China Railsmedia (0745). The target is 51% owned by China Outdoor Media (8202). Its valuation is still claimed at $412m despite being loss-making and having negative net assets of $1m.
China Railsmedia (0745) buys 7% of China New Media (HK) Co Ltd from Vicky Yu Wai Yin
Company announcement, 26-Jul-2011
For HK$28.8m, of which $13m in cash and $15.8m in promissory note.
Company announcement, 26-Jul-2011
For HK$28.8m, of which $13m in cash and $15.8m in promissory note.
Inno-Tech (8202) buys 19% of China New Media (HK) Co Ltd from Vicky Yu Wai Yin
| Circular
Company announcement, 18-Feb-2011
For HK$78m, half in cash, half in convertible bonds. The target is 51% owned by China Outdoor Media (0254), is loss-making, and has net liabilities of $0.7m but is valued at $412m.
Company announcement, 18-Feb-2011
For HK$78m, half in cash, half in convertible bonds. The target is 51% owned by China Outdoor Media (0254), is loss-making, and has net liabilities of $0.7m but is valued at $412m.
China Post E-Commerce (8041) buys 40% of iKanTV Ltd from Win Today Ltd
Company announcement, 25-Sep-2009
For HK$77m in shares @$0.55. The announcement fails to disclose who owns the vendor, but subsequent shareholding filings show that it was 100% owned by Vicky Yu Wai Yin. The target is a loss-making startup with net liabilities of $4.26m and prior to this was 51% owned by China Outdoor Media (0254), which is in the process of selling 4% to the Company.
Company announcement, 25-Sep-2009
For HK$77m in shares @$0.55. The announcement fails to disclose who owns the vendor, but subsequent shareholding filings show that it was 100% owned by Vicky Yu Wai Yin. The target is a loss-making startup with net liabilities of $4.26m and prior to this was 51% owned by China Outdoor Media (0254), which is in the process of selling 4% to the Company.
China Post E-Commerce (8041) terminates one of yesterday's deals
Company announcement, 28-Aug-2009
The deal was terminated because under the Listing Rules the company cannot issue shares within 30 days of a repurchase. The deal was resurrected on 25-Sep-2009.
Company announcement, 28-Aug-2009
The deal was terminated because under the Listing Rules the company cannot issue shares within 30 days of a repurchase. The deal was resurrected on 25-Sep-2009.
China Post E-Commerce (8041) buys 4% of iKanTV Ltd from China Outdoor Media (0254) for $9.2m
| China Outdoor Media announcement
Company announcement, 27-Aug-2009
The controlling shareholder of the buyer is also a 24.23% shareholder and CEO of the vendor, but it is not a connected transaction for the buyer under the Listing Rules because he owns less than 30% of the vendor so it is not his "associate". It is an exempt connected transaction for the vendor because it is less than HK$10m. Another deal in the same announcement, to buy 40% from another vendor, was terminated the next day.
Company announcement, 27-Aug-2009
The controlling shareholder of the buyer is also a 24.23% shareholder and CEO of the vendor, but it is not a connected transaction for the buyer under the Listing Rules because he owns less than 30% of the vendor so it is not his "associate". It is an exempt connected transaction for the vendor because it is less than HK$10m. Another deal in the same announcement, to buy 40% from another vendor, was terminated the next day.
eCyberChina (0254) shares resumes trading after 4 years
Company announcement, 5-Oct-2007
After the 30:1 open offer to recapitalise the company, there are 4 placees arranged by the underwriter, who are said to be mutually independent and have no intention to join the board. 29.53% goes to Joseph Lau Chi Yuen, 11.25% to "Vicky Yu", 9.99% to "Frankie Ma" and 4.97% to Wu Ka Cheung, a total of 55.74%. Mr Lau joined the board as CEO 53 days later.
Company announcement, 5-Oct-2007
After the 30:1 open offer to recapitalise the company, there are 4 placees arranged by the underwriter, who are said to be mutually independent and have no intention to join the board. 29.53% goes to Joseph Lau Chi Yuen, 11.25% to "Vicky Yu", 9.99% to "Frankie Ma" and 4.97% to Wu Ka Cheung, a total of 55.74%. Mr Lau joined the board as CEO 53 days later.
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