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中和邦盟評估有限公司


Raking muck, Part 4
We take a deeper dive into the transactions of Inno-Tech (8202), and call on the SFC to investigate. We also call on the regulators either to scrap the requirement for "independent" financial advisers in listed company deals, or make it work by randomly assigning them through a jury pool system. The current system of opinion-shopping to IFAs of Last Resort is a waste of investors' money and provides false comfort. (7-Mar-2012)
Global Green Tech goes mining
In part 2 of today's look at Global Green Tech (0274), we'll show you how it bought a gold mine for 5.83 times what an AIM-traded company sold it for 3 months earlier, and that one of the middlemen also controls miner Lumena Resources (0067), so we take a look at that too. (25-May-2010)
Skin in the game
In part 3 of a series, we look at the often calamitous IPOs produced by B M Intelligence and its conversion into China Bio-med Regeneration Technology, involving a huge mark-up on the acquisition. We also cover an international organisation run out of a cobbler's shop in Las Vegas, and the recent changes of ownership in CBRT, including a CPPC member who is a big fan of the PLA. (23-Jun-2009)
Tack Fat: as clear as Mudd
Webb-site.com takes a close look at the latest accounts of garment maker Tack Fat (0928), and finds plenty to worry about. Amongst other issues, Tack Fat is fast approaching a 30-Sep expiry of an option to increase its stake in Mudd or lose the premium, and investors and the auditors do not have enough information on Mudd to reach a view. Meanwhile there was a previously undisclosed deposit at least 2 months before the latest $330m acquisition of XXESS. (6-Aug-2007)
Kunfair Transactions
Exhibition organiser Kenfair has caught our attention with two questionable transactions, first a website upgrade disguised as an investment in a zero-interest non-repayable exchangeable loan note, and now the payment of $19m for non-exclusive rights to use a glorified phone book, from a director of the IPO sponsor. We sent an intrepid agent to fetch a copy. (28-Jan-2003)

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