Pak Tak (2668) buys 10.66% of CVP Financial Holdings Ltd for HK$33m
Company announcement, 01-Aug-2017
The vendor is a subsidiary of an unnamed main board-listed company. We can tell you it is China Goldjoy Group Ltd (1282). CVP Financial is a subsidiary of an unnamed GEM-listed company. We can tell you it is Madison (8057). China Goldjoy injected $32m for the shares on 23-Feb-2017, alongside China Yinsheng Qiqiao Fund (advised by China Goldjoy Asset Management Ltd) which injected $8m. Together they provided all the HK$40m start-up capital in exchange for a 13.33% stake.