January 21, 2018 10:39 AM ET

Capital Markets

Company Overview of Yu Ming Investment Management Limited

Company Overview

Yu Ming Investment Management Limited operates as a subsidiary of Allied Group Limited.

RM 1001

10/F Aon China Building

29 Queen's Road

Central District

Hong Kong,  

Hong Kong

Phone:

852 2804 6188

Fax:

852 2804 6197

Key Executives for Yu Ming Investment Management Limited

Yu Ming Investment Management Limited does not have any Key Executives recorded.

Yu Ming Investment Management Limited Key Developments

PacRay International Holdings Limited Appoints Yu Ming Investment Management Limited as Independent Financial Adviser to the Independent Board Committee

PacRay International Holdings Limited announced that Yu Ming Investment Management Limited has been appointed as the independent financial adviser to advise the Independent Board Committee in respect of the Offer. Such appointment has been approved by the Independent Board Committee pursuant to Rule 2.1 of the Takeovers Code. The letter of independent advice and recommendation from the Independent Financial Adviser to the Independent Board Committee will be included in the Composite Document to be despatched jointly by the company and the Offeror to the Shareholders in accordance with the requirements under the Takeovers Code and the Listing Rules.

L & A International Holdings Limited, Strong Light Investments Limited, FP Sino-Rich Securities & Futures Limited and Yu Ming Investment Management Limited Receive Writ of Summons

L & A International Holdings Limited has on 6 January 2017 received a writ of summons dated 3 January 2017 filed by Mr. Kim Sungho (Mr. Kim) as the plaintiff against (i) Strong Light Investments Limited, a substantial shareholder of the Company; (ii) FP Sino-Rich Securities & Futures Limited; (iii) Yu Ming Investment Management Limited; and (v) the company as the defendants under a legal proceeding in the High Court of Hong Kong. Pursuant to the claims generally indorsed on the Writ, the Plaintiff sought, for (i) a declaration against Strong Light that Strong Light and its parties acting in concert has accumulated over 30% of the outstanding shares in the Company, thus triggering the mandatory general offer; and (ii) a declaration against FP and Yu Ming that FP purposefully ill advised the Company to break various Listing Rules, including assisting the Company in its multi-layer marketing scheme.

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Recent Private Companies Transactions

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