Leung, Raymond Ngai Man 梁毅文

Sino Prosper (0766) and Chairman settle with Somercourt
Company announcement, 13-Jan-2014
The Chairman buys out Somercourt's 54.6m shares (6.72%) stake at $0.45, a 38.4% premium to the last closing price of $0.325. That compares with the $0.179 at which he sold 54m shares on 29-May-2013.
Somercourt Investments Ltd statement on Sino Prosper SG (0766)
Media release, 24-Sep-2013
Somercourt Investments Ltd statement on Sino Prosper SG (0766)
Media release, 17-Jul-2013
Comment: Webb-site urges independent shareholders to vote against the transactions if and when shareholder meetings are convened. We consider the transactions to be blatantly unfair and unreasonable. The transactions once again illustrate a glaring hole in the Listing Rules by which companies can pay out cash to connected persons in the form of "deposits" for acquisitions which have not yet been approved by minority shareholders.
Sino Prosper (0766): investors remove Chairman/CEO & ED at AGM, board immediately reappoints them
Company announcement, 24-Sep-2012
Investors also vetoed the general issue mandate, preventing the board from diluting them.
Chairman buys 5.6% of shares in Sino Prosper (0766)CCASS Analysis
Company announcement, 30-Aug-2012
Disclosures show that he bought the shares from HSBC Asset Management (HK) Ltd, and our CCASS Analysis system shows that his broker is Tanrich Securities.

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