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Lai See

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Why you can trust SCMP

Exchange notice adds eerie twist to Nina Wang saga We got a shock from the grave yesterday when Nina Wang Kung Yu-sum's name appeared on a Hong Kong stock exchange transaction.

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The official statement named her as becoming a substantial shareholder in Hong Kong Resources Holdings, having bought 100 million shares for HK$120 million from Perfect Ace.

Of course, it wasn't Little Sweetie's (left) idea to buy into the former Ocean Grand Chemicals, which has transformed itself by taking over another bankrupt business, Hang Fung Gold, but in fact her former company, ChinaChem Group's.

Her name showed up in the announcement because she is still listed as the ultimate beneficiary of ChinaChem. That is unlikely to change until the battle over her estate, estimated at HK$100 billion, is sorted out.

Strange that it was only last week when one of the main protagonists in the affair, fung shui master Tony Chan Chun-chuen, was all over the news for making a rare public appearance to support the listing of the biometrics firm RCG Holdings.

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Pass the ouija board.

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