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HK
OP Video Podcast – Visiting BIH
Having tried to correspond with the Receivers by email in the past, I thought it would be a good idea to try and speak to them today, to put faces to names and to ask questions about what is happening.
Tags: BIH, Ernst and Young, HK
Posted in Birmingham City, Video Podcasts | 35 Comments »
Video Interview With Leading HK Insolvency Expert
Following the summons issued by Carson Yeung against the Receivers of Birmingham International Holdings, I have interviewed Steve Briscoe, leading HK insolvency practitioner and Will Giles, solicitor specialising in company litigation and co-author of Haircuts and League Cups to find out more about what is going on.
Tags: BIH, Carson Yeung, Ernst and Young, HK, HKSE, SFC, Steve Briscoe, Will Giles
Posted in Birmingham City, Finances in Football, Video Podcasts | 57 Comments »
Civil Wars and Rumours
Rumours of change at BIH board level seem to have intensified over the last 24 hours, with various people in the press seemingly contacted with the same information – that Carson wants certain people out of the BIH board and others in. As there has been no official statement to the Stock Exchange there is absolutely no way to verify any of this and to me at least it seems that the civil war within the Harbour Centre boardroom has by no means ended.
Tags: Carson Yeung, HK, Peter Pannu
Posted in Birmingham City, Talking Points | 114 Comments »
Postcards from HK: Strict Rules and Enforcing Them
As the last day of the month and the BIH board meeting approach I’ve had a few questions about why the Stock Exchange are so laissez-faire in their approach to Birmingham International Holdings and their problems. I can’t promise that I have the answers but the last few days I’ve learned a lot about the way HK and China are run and it goes some way to explaining the situation.
Posted in Birmingham City, Chinese Media, Finances in Football | 75 Comments »
Postcards from HK: Visiting Asia Rays
There has been a lot of talk of late about the future role of Peter Pannu at BIH as his consultancy and managerial contracts draw to a close at the end of this month. With that in mind, we paid a visit to the registered head office of Asia Rays Ltd yesterday to see if we could get some answers.
Tags: Asia Rays, BIH, HK, HKSE, Luo Chao Kui, Peter Pannu
Posted in Birmingham City, Finances in Football | 50 Comments »
Postcards from HK: Shares and Bears
Shares in Birmingham International Holdings dropped heavily this morning, dropping to a five year low of HK$0.0615 per share before rebounding slightly. Trading has been brisk with 400M+ shares changing hands – just under 10% of the total number of shares currently available in the company.
Tags: BIH, Carson Yeung, HK, HKSE
Posted in Birmingham City | 18 Comments »
BIH Delay EGM For a Second Time
Birmingham International Holdings have once again delayed an EGM to obtain shareholder approval for a new convertible bond. A circular was due to be dispatched to shareholders today with details of the EGM but it has now been put off until October 10.
Tags: BIH, China, HK, HKSE, Peter Pannu, Victor Ma Shui Cheong
Posted in Birmingham City, Finances in Football | 66 Comments »
Haircuts and League Cups Launch Dates Confirmed
I’m pleased to confirm that launch details for the book I’ve written are now available on the “Haircuts and League Cups” standalone site.
Posted in Birmingham City, Blog updates | 9 Comments »
Carson Bail Application Hearing Set
It has been confirmed in Hong Kong today that Carson Yeung has applied for bail pending his appeal hearing and that the application will be heard on Thursday, August 21.
Tags: Carson Yeung, HK
Posted in Birmingham City, Carsongate | 39 Comments »
Share Prices and Gala Dinners
After a frenetic few days following relisting, the share price of Birmingham International Holdings seems to have stabilised at around the HK$0.27 mark – nearly double what the price was when the share were suspended back at the end of June 2011.
Tags: BIH, Carson Yeung, HK, HKSE, Pollyana Chu
Posted in Birmingham City, Talking Points | 70 Comments »
