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U-Continent
OP in HK – Day 4 – The Announcement
Yesterday saw an announcement made to the HKSE, confirming that BIH have reached an agreement with U-Continent and also putting into the public domain some of what will happen with the upcoming EGM.
Tags: BIH, Carson Yeung, Ernst and Young, Peter Pannu, The Takeover, U-Continent, Wang Lei
Posted in Birmingham City, Finances in Football, OP in Hong Kong | 44 Comments »
BIH Announcement – Special Deal Reached with U-Continent
Birmingham International Holdings have announced to the Stock Exchange that they have struck a “special deal” with U-Continent, the second largest shareholder in the company and have rescinded all legal action against them.
Tags: BIH, Carson Yeung, EGM, Ernst and Young, HKSE, The Takeover, U-Continent
Posted in Birmingham City, Finances in Football | 44 Comments »
OP in Hong Kong – Day 1 – Arrival.
With the season now petering out to a lukewarm conclusion and all dreams of playoffs and promotion now completely dead, I think the time has come for us to be able to take our focus away from matters on the pitch and look at what is happening behind the scenes.
Tags: BIH, Carson Yeung, Ernst and Young, HKSE, Peter Pannu, Trillion Trophy Asia, U-Continent
Posted in Birmingham City, Finances in Football, OP in Hong Kong | 38 Comments »
Carson Receiver Summons Update
Early indications from Hong Kong are that Carson Yeung and U-Continent have failed in their bid to have Ernst and Young set aside as Receivers.
Tags: BIH, Carson Yeung, Ernst and Young, U-Continent
Posted in Birmingham City, Finances in Football | 22 Comments »
Another Day, Another Writ
Birmingham International Holdings have today confirmed in an announcement to the stock exchange that they are pursuing legal action against U-Continent Holdings for failing to disclose their relationship with Carson Yeung.
Tags: BIH, Carson Yeung, Ernst and Young, HKSE, U-Continent, Victor Ma Shui Cheong, Wang Lei, Wang Lifei, Wang Manli, Yang Yuezhou
Posted in Birmingham City, Finances in Football | 20 Comments »
Carson Demands BIH hold EGM
BIH have today announced to the HKSE that they have received letters from Carson Yeung and from U-Continent in their capacity as major shareholders demanding an EGM be held to remove three directors and appoint three directors of their choosing.
Tags: Carson Yeung, Chen Liang, Cheung Shing, Gurung Arjun Kumar, Joanna Wang Manli, Li Wenjun, U-Continent, Victor Ma Shui Cheong
Posted in Birmingham City, Finances in Football | 90 Comments »
BIH Announce New Loan Agreement
Birmingham International Holdings have today announced to the stock exchange a new loan agreement which will see them borrow HK$15mil (approx £1.25mil) from U-Continent.
Tags: BIH, Carson Yeung, HKSE, U-Continent, Yang Yuezhou
Posted in Birmingham City, Finances in Football | 71 Comments »
BIH Share Placing/Deed of Novation Analysis
Birmingham International Holdings yesterday told the Hong Kong Stock Exchange plans to raise money by a combination of a share issue and two convertible bond issues along with a deal that would see Birmingham City’s debt to Carson Yeung wiped out.
Tags: BIH, Carson Yeung, HKSE, U-Continent, Yang Yuezhou
Posted in Birmingham City, Finances in Football | 108 Comments »
