It turns out that Sau San Tong already held 4.58% of Jia Meng, below the 5% disclosure of interests threshold. This will increase its stake to 9.13%. The Jia Meng announcement fails to say whether it will have any board representation or what the governance arrangements of the 25:75 joint venture will be, given that Sau San Tong is the tenant of the property.
No, its not a typo. This follows a complaint by Webb-site to HKEX that SST had failed to announce the appointment. We note that the not-so-new CEO, aged 33, has an honorary doctorate from International American University, U.S.A., an unaccredited institution.
不，這不是打錯。這跟隨著Webb-site對港交所的投訴，指出修身堂並無公告這個委任。我們留意到這個好像不太新的行政總裁，33歲，取得一個野雞大學「國際美國大學」(International American University, U.S.A.)的榮譽博士學位，是一個沒有認可的機構。