Honye Financial Services
The Company is formed to seek acquisition opportunities in the financial services and fintech sectors.
In particular, the initial focus will be to acquire companies which have the potential of growing in the Asian market, as the Directors believe that a number of dynamics have combined in the last decade or so to create significant change and opportunity within these sectors.
The Directors are particularly seeking opportunities that include but are not limited to targets operating asset management, online financing, payment facility, or robo-advisory businesses.
The Directors have established a network or contacts internationally within the sector.
News and Announcement
Board of Directors
Yu Xing (Terry) Liu, Executive Director
Liu Yu Xing, known as Terry Liu, is co-head of L&S Group, a successful cross-border M&A and corporate and financial consultancy firm. Mr. Liu had extensive experience in the areas of cross-border, foreign-direct investment, and general corporate advisory. Mr. Liu has established himself as a trusted advisor to Chinese corporates, family offices and High Net-Worth Individuals in relation to acquisitions, corporate structuring, listings in major markets (e.g., London, US, Hong Kong, Shanghai), and organic business scaling (e.g. sales and market exploitation). Mr. Liu has helped over 12 companies list on stock exchanges in China, Hong Kong, US and UK. He is expert in the financial services and media industries. In addition to his directorships and shareholdings connected with L&S Group Ltd, Mr. Liu is also a director and shareholder of a British fintech company with its head office and operations in London. Mr. Liu is a certified Fund Practitioner and is authorised/regulated by the Asset Management Association of China.
Wanbao Xu, Founder, Executive Director
Mr Xu has spent his entire career in the financial services sector and the investment banking industry. Mr Xu has previously held roles with Citibank where he was a relationship manager and since 2016 has been an investment and client relationship manager at HengChuang Technology Co., Limited. Mr Xu has a bachelor’s degree in software engineering from the University of East China’s Institute of Technology and a master’s degree in logistics and supply chain management from the University of Portsmouth. Mr Xu is currently studying part-time for a doctorate in finance at the Chinese Academy of Social Sciences.
Independent Non-Executive Directors
Shaun Carew-Wootton, Non-Executive Director
Mr Carew-Wootton is currently a director of a boutique private equity and advisory business and has been active in the venture capital and start-up market for over 20 years, initially as an entrepreneur and then as an investor. He has been a party to more than 40 investments across a broad range of sectors, stages and geographies, including Fintech, Medtech, Bionics, Haptic technology, VR, Telecom, Property and Aviation. In his early career, Mr Carew-Wootton was in the hospitality industry as a developer and operations director of several well-known high street restaurant chains.
John Treacy is an experienced London-based financier who specialises in working with growing companies. He qualified as a solicitor in the London office of a major international law firm where he specialised in Capital Markets and Mergers & Acquisitions. From there he moved on to practice corporate finance in the advisory teams of several prominent UK brokerages where he acted as an adviser to a number of AIM companies and advised on numerous initial public offerings, acquisitions, debt restructurings and placings.
COMPANY SECRETARY AND REGISTERED OFFICE
Ogier Global (Cayman) Limited
89 Nexus Way
Grand Cayman KY1-9009
|Notice of AGM 2019||Download|
|Interim Results 2019||Download|
|Memorandum and Articles of Association||Download|
|Annual Results 2019||Download|
|Prospectus 7 Dec 2018||Download|
|Interim Results 2020||Download|
|Annual Results 2020||Download|
|Notice of AGM 2021||Download|
|Interim Results 2021||Download|
|Annual Results 2021||Download|
|Notice of AGM 2022||Download|
|Interim Results 2022||Download|
|FUSH FINANCIAL INVESTMENT CO LTD||25.1%|
L&S Global Ltd 8.07%
Li Wei Huan 28.5%
Chen Guo Wei 11.10%
1.Wanbao Xu, the executive director of the Company and Shao Zhiying who together through Fush Financial Investment Co., Ltd holds 25.1% of the Ordinary Shares of the Company.
2.Liu YuXing, the executive director of the Company through L&S Global Ltd, holds 7.26% of the Ordinary Shares of the Company
Auditors and Reporting Accountants
55 Baker Street,
Broker and Placing Agent
Computershare Investor Services (Cayman) Limited
Windward 1, Regatta Office Park
West Bay Road, Grand Cayman KY1-1103
Computershare Investor Services PLC
Bristol BS13 8AE
Legal advisers to the Company as to English law
Locke Lord (UK) LLP
London EC2M 3AB
Legal advisers to the Company as to Cayman Islands law
11th Floor Central Tower
28 Queen’s Road Central
L&S Capital Limited
166 College Road
Middlesex HA1 1BH
7 December 2018
The Company was incorporated and registered in the Cayman Islands as a private company limited by shares on 25 April 2018 under the Companies Law (as revised) of The Cayman Islands, with the name Honye Financial Services Limited, and registered number 336262.
The company is incorporated and domiciled in the Cayman Islands and accordingly the City Code does not apply to it and any takeover of the Company will be unregulated by UK takeover authorities. Whilst the Articles contain certain takeover protections, these will not provide the full protections afforded by the City Code.
Financial Year End
Number of ordinary shares in issue on Admission
24,671,350 of £0.01 each