Censure/criticism of Sandmartin (0482) and various directors
SEHK, 22-Jan-2021
For undisclosed connected transactions.
机构
人物
主题
Breach of Listing Rules: undisclosed connected transactions
Company announcement, 09-Nov-2017
机构
人物
主题
Fung Chuen v Sandmartin (0482)
HK Court of First Instance, 17-Oct-2017
The court grants inspection of documents relating to dubious deals by Sandmartin. Deputy Judge Alex Lee writes "I am satisfied that... a reasonable case for investigating whether the loans advanced to the two Nepalese Debtors were a pretext by the Company’s directors for siphoning off the Company’s funds to the detriment of its various stakeholders including the minority shareholders".
机构
人物
Fung Chuen v Sandmartin (0482) & others
HK Court of First Instance, 17-Aug-2017
机构
人物
Sandmartin (0482): breach of Listing Rules: undisclosed loans
Company announcement, 21-Sep-2016
机构
Veto Lerado (1225) sale until they pay up
Webb-site.com, 01-Sep-2014
We call on Lerado shareholders to veto the sale of its core business unless and until the board increased the proposed special dividend from $0.30 to at least HK$1 per share. We would rather hold a stake in a real business than get trapped in another shell trading at a discount to its net cash. Management only owns 33%, so they had better listen to investors and revise the plan. David Webb holds just under 8%, and we need your support.
机构
Heng Xin China (8046) issues convertible bond to Sandmartin (0482) for no good reason
Company announcement, 17-Dec-2010
This HK$200m investment represents 24.3% of Sandmartin's equity at 30-Jun-2010. Sandmartin raised HK$203m in a Taiwan Depository Receipt issue in Dec-2009.