Chan, George Yuen Ming 陳遠明

Raking muck, Part 5
In the penultimate episode, we look at a transaction in progress by Railsmedia (0745) and how it connects with CPEC (8041), COMG (0254) and 3 shells. We also introduce a 10th listed company to the story, Zhi Cheng (8130) which has such a track record of value destruction that it has consolidated its shares by 200,000 to 1 since 2007. (11-Mar-2012)
Raking muck, Part 3
We now connect Joseph Lau to Executive Talent, and focus on a series of dubious transactions by Hycomm and the bubble in its stock while it did the coal mine hokey cokey, from which bubble Joseph Lau has profited hugely. We also look at the creation of Inno-Tech and the youngest infant mortality on GEM, Codebank. (5-Mar-2012)
Active Base Ltd v Moulin Global Eyecare Holdings Ltd
HK Court of Final Appeal, 26-Nov-2009
A former subsidiary of Tomorrow Interational Holdings Ltd v Moulin Global Eyecare Holdings Ltd
HK Court of Appeal, 21-May-2009
Note: On 31-Dec-08 Tomorrow sold Active Base to an "independent third party" for HK$1m, as disclosed in note 37 of the 2008 annual report.
A subsidiary of Tomorrow Interational Holdings Ltd v Moulin Global Eyecare Holdings Ltd
HK Court of First Instance, 4-Jun-2008
Hycomm Wireless (0499) buys 5.8% of Tomorrow (0760) from George Chan Yuen Ming for HK$59mCircular
Company announcement, 17-Mar-2008
Satisfied by 590m shares of Hycomm Wireless @$0.10 representing 14.18% of the enlarged company. The vendor also owns HK$50m of convertible notes in Hycomm, but because he hasn't converted, he is not regarded as a connected person under the Listing Rules.
Pass the Portal
We'll show you how an architect set up a dysfunctional shipping web site with HK$0.39m of capital and sold 49% of it to Can Do Holdings for HK$78.4m (US$10m) - and now Can Do is trying to pass it on to eCyberChina. (25-Aug-2002)
Singapore Hong Kong Properties
We take a close look at the confetti of placings being thrown by this company. After 7 placings in 4 months, the number of issued shares has increased by 193% and existing shareholders have seen the net asset value diluted by 44% without ever being entitled to participate. Now the company proposes to buy properties from its Chairman and from Kong Tai, its substantial shareholder. (7-Jul-1999)

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