Jonten Hopkins CPA Limited 中天運浩勤會計師事務所有限公司

Allied Weli Development Ltd vs Eugene Chuang Yue Chien & 65 others
HK Court of Appeal, 4-Aug-2021
Mr Chuang's application for leave to appeal against the dismissal by the Court of First Instance of his appeal against extension of a writ is dismissed.

Allied Weli Development Ltd vs Eugene Chuang Yue Chien & 65 others
HK Court of First Instance, 30-Mar-2021
Mr Chuang's application for leave to appeal against the extension of an unserved writ is dismissed.

Allied Weli Development Ltd vs Eugene Chuang Yue Chien & 65 others
HK Court of First Instance, 27-Oct-2020
"If the respondents' evidence is taken at face value, none of them has any meaningful information, documents or recollection of what happened to the Company's HK$2.86 billion worth of assets, who was involved and who benefited from the Divesting Transactions - a case of collective amnesia."

Allied Weli Development Ltd vs Eugene Chuang Yue Chien & 65 others
HK Court of First Instance, 25-Aug-2020
"Extraordinarily, the Liquidators were denied access to any books and records of the Company upon their appointment. They were even refused entry to the Company’s premises and escorted away by security guards…"

Taurus Lo Shung Chi, Ngai Wai Chung and Jonten Hopkins CPA Ltd sanctioned | Track record
HKICPA, 3-Dec-2015
This relates to the Sep-2010 audit of Ming Fung Jewellery Group Ltd, now known as O Luxe Holdings Ltd (0860). According to Webb-site Who's Who, the firm has audited 11 listed companies with an average annual total return of -16.18%, or -28.59% relative to the market during the periods of appointment.

HKICPA disciplines Albert Lam Man Sum & Hopkins CPA Ltd | Reasons
HKICPA, 17-Apr-2012
The HKICPA doesn't name the listed company, but we can tell you that it was China Billion Resources Ltd, then known as Global Green Tech Group Ltd (0274).

Investigation report by Audit Investigation Board
Accounting & Financial Reporting Council, 13-May-2011
We deduce that this relates to Global Green Tech (0274) and its 2008 accounts, which received a clean audit report. The auditor was Hopkins CPA Ltd. The only "direct non-wholly owned subsidiary" listed in the accounts was Bio Beauty Group Ltd, which aborted its IPO in late 2007. At that time the subsidiary auditor was Deloitte, but it may have changed. Note the concerns expressed by the subsidiary auditor in paragraphs 4.1.3.3 to 4.1.3.5. It resigned on 6-Aug-2009 without issuing an audit report.

Code Agriculture and Nanjing Everyday
Take a RMB8m investment in a start-up TV channel, whip up some projections, sprinkle on a valuation from the ubiquitous BMI Appraisals, add a large pinch of salt according to taste, bake for 2 months and you have a RMB350m sale to Code Agriculture (8153). Too bad that the air then went out of this pudding. (25-May-2010)

Cosmetic appearances
When the ICAC charged a person with engineering fraudulent acquisitions by Uni-Bio Science (0690) last month, we suspect they only saw half the story. Webb-site looks at the overlaps between UBS and Global Green Tech (0274), and at a series of its acquisitions. (25-May-2010)

StyNet, Part 3: Riverhill
In Part 3 of our series on the Styland network, we look at Riverhill, a stock in which Styland and Digital World made early acquisitions at stratospheric prices. Riverhill's turnover collapsed after the IPO, which was based on a 9-project track record, part of which was sub-contracted and part of which came from a company sold to Digital World for a similarly stratospheric price. (8-Aug-2002)