Imagi Brokerage Limited

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).
Blue River (0498) supplemental info on CB issuer Co-lead Holdings Ltd
Company announcement, 4-Jun-2021
A "listed company with a minority shareholding" (that would be Freeman, 0279, in provisional liquidation) is "purportedly unable to obtain access to the books and records of the Issuer due the the non-cooperation of the Issuer's management". On the other hand, Blue River says it has no such problems, and names the sole director of Co-lead, Ms Gloria Ip Yeuk Ping. Co-lead is a hub company in what we call the "Chung Nam Network".
PYI (0498) subscribes HK$100m for CB in brokerage subsidiary of Imagi (0585)PYI announcement
Company announcement, 13-Apr-2021
Imagi and PYI are 19.08% and 28.53% owned by Oshidori (0622) but technically this is not a Connected Transaction under the Listing Rules for either company because neither is an "associate" (30% owned) by Oshidori (a connected person of both). All 3 companies are in what we call the "Chung Nam Network".
Imagi (0585) issues 9.99% of brokerage subsidiary to CEGFL (0379)CEGFL announcement
Company announcement, 12-Nov-2020
The total subscription was HK$74.34m in 2 rounds. Staying below 10% avoids needing the SFC's approval for a change in ownership of the brokerage.
Imagi (0585) to buy stockbroker John & Wong Securities Co LtdCircular
Company announcement, 30-Aug-2016
Another listed company in what we call the "Chung Nam Network" gets into broking.

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