CDU 0.00% 23.5¢ cudeco limited

Interesting, from publicaly available information: As per the...

  1. 28 Posts.
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    Interesting, from publicaly available information:
    As per the companys previous annoucement GuoYi Holdings (BVI) Limited is a wholly owned subsidiary of Guo Yi Holdings (HK) Limited. The HK entitiy was founded 24 Feb 2016, $100HKD capital and only two directors.

    Chan, Siu Yeung
    Lin, Tong

    Chan, Siu Yeung is also a director of AM Capital (now called AMC Wanhai)
    Lin, Tong is also a director of AM Capital

    AM Capital has a long history of wokring with CuDeco as we know, including an obligation to underwrite the last rights issue.

    More intersting is that Chan, Siu Yeung is also a director, in fact the sole director of a company called Equus Capital Management Limited
    Sound Familar?
    Resolution 8 https://www.asx.com.au/asxpdf/20161117/pdf/43cz83bggrrxh0.pdf

    So now we've got AM Capital dirctors controlling at least another two invested entities and those entities having no other third-party directors bar AM directors.

    I take it all of these entities will be banned from voting on these resolutions and that cuDeco will actively enforce these bans? Furthermore, Did someone say 5% rule?

    Must be awefully cozy on the AM couch.
 
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