ERA BRIGHT LIMITED 辰耀有限公司
Imagi (0585) 2021 results
Company announcement, 16-Mar-2022
This reveals that on 2-Dec-2021, Era Bright Ltd, a money-lending subsidiary of Touyun Biotech (1332) subscribed 17m shares (2.97%) of Imagi Brokerage Ltd for HK$25m, reducing Imagi from 90.01% to 87.34%. The other 9.69% is held by CEGFL (0379), which also owns 18.55% of Era Bright, which is 79.22% owned by Touyun Biotech and 2.23% owned by Celebrate (ex-8212).
Company announcement, 16-Mar-2022
This reveals that on 2-Dec-2021, Era Bright Ltd, a money-lending subsidiary of Touyun Biotech (1332) subscribed 17m shares (2.97%) of Imagi Brokerage Ltd for HK$25m, reducing Imagi from 90.01% to 87.34%. The other 9.69% is held by CEGFL (0379), which also owns 18.55% of Era Bright, which is 79.22% owned by Touyun Biotech and 2.23% owned by Celebrate (ex-8212).
CEGFL (0379) interim results for 30-Jun-2020
Company announcement, 26-Aug-2020
This reveals that on 13-Mar-2020, the Group subscribed 18.55% of the enlarged share capital of Era Bright Ltd, a money lender, for HK$15m. We can add that EB is a subsidiary of China Touyun Tech (1332) with a minority holding by Celebrate (8212).
Company announcement, 26-Aug-2020
This reveals that on 13-Mar-2020, the Group subscribed 18.55% of the enlarged share capital of Era Bright Ltd, a money lender, for HK$15m. We can add that EB is a subsidiary of China Touyun Tech (1332) with a minority holding by Celebrate (8212).
China Touyun Tech (1332) subsidiary Era Bright Ltd lent HK$50m to Osman Bin Kitchell
Company announcement, 29-Apr-2020
The 1-year loan began on 20-Sep-2019, so this is late disclosure. It bore interest at 10% p.a. and was guaranteed by an unnamed company but was repaid in Jan-2020. Osman bin Kitchell, described only as "a merchant", is and was the Acting Chairman of Imagi (0585). Both companies are in what we call the "Chung Nam Network".
Company announcement, 29-Apr-2020
The 1-year loan began on 20-Sep-2019, so this is late disclosure. It bore interest at 10% p.a. and was guaranteed by an unnamed company but was repaid in Jan-2020. Osman bin Kitchell, described only as "a merchant", is and was the Acting Chairman of Imagi (0585). Both companies are in what we call the "Chung Nam Network".
Celebrate (8212) belated annual results for 30-Jun-2019
| Annual report
Company announcement, 29-Nov-2019
Revealing that, under threat of delisting, on 25-Jun-2019 it completed a subscription of 300,000 shares (0.30%) of Simagi Finance Co Ltd @HK$5 for $1.5m, and the next day completed a subscription of 3,000 shares of Era Bright Ltd (23.08%) @HK$500 for $1.5m. Both are money-lenders. We can add that China Touyun Tech (1332) and Rentian Tech (0885) own 13m and 10m shares (13.09% and 10.07%) of Simagi, which they subscribed in 2018 for $65m and $50m respectively. 70.83% is owned by Jocasta Ventures Ltd, which is 36.17% owned by Freeman (0279). The rest of Era Bright is owned by China Touyun Tech.
Company announcement, 29-Nov-2019
Revealing that, under threat of delisting, on 25-Jun-2019 it completed a subscription of 300,000 shares (0.30%) of Simagi Finance Co Ltd @HK$5 for $1.5m, and the next day completed a subscription of 3,000 shares of Era Bright Ltd (23.08%) @HK$500 for $1.5m. Both are money-lenders. We can add that China Touyun Tech (1332) and Rentian Tech (0885) own 13m and 10m shares (13.09% and 10.07%) of Simagi, which they subscribed in 2018 for $65m and $50m respectively. 70.83% is owned by Jocasta Ventures Ltd, which is 36.17% owned by Freeman (0279). The rest of Era Bright is owned by China Touyun Tech.
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