Chu, Eric Nap Kee

China Motion Telecom - recent history
We examine the recent history of China Motion Telecom (0989), including two aborted acquisitions and a highly dilutive placing "for working capital" at a time when the company was flush with cash. Why did the board agree to that and where did the shares go? We also query the sustainability of margins in a recent acquisition from CMT's controlling shareholders. (10-Dec-2009)
Eric Chu Nap Kee buys Nexxus building, Central, HK for HK$3.6bn
HK Standard, 22-Sep-2009
Proposed acquisition by China Motion Telecom of Vietnam property from Eric Chu Nap Kee for HK$2.59bnTermination
Company announcement, 19-Sep-2007
This deal was terminated on 4-Dec-07.

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