Domiciled British Virgin Islands Registered Office Address OMC Chambers, Wickhams Cay 1, Road Town, Tortola, British Virgin Islands Head Office Address Unknown Owners (if known) Paul Suen Cho Hung 100% Directors (if known) Paul Suen Cho Hung Daniel Sue Ka Lok Trillion Trophy Asia Ltd is a company incorporated in the British Virgin Islands and … Continue reading “Trillion Trophy Asia Ltd”
Embattled Trillion Trophy Asia owner Paul Suen suffered another potential setback in Hong Kong last week. Suen, who is the largest shareholder in Birmingham Sports Holdings, quit his role as Non Executive Director at EPI Holdings (689:HK) after a shareholder revolt at the company’s AGM.
Birmingham Sports Holdings today announced to the Stock Exchange of Hong Kong that Trillion Trophy Asia have extended a HK$250million loan facility for a further two years. The loan was due to elapse on December 21, 2018 but both parties have agreed to extend the facility and its loan repayment period.
The two-year anniversary of the takeover of Birmingham Sports Holdings by Paul Suen Cho Hung’s Trillion Trophy Asia vehicle approaches in October. With it being public knowledge that Suen could not sell his stake in BSH within two years, will this anniversary herald a change of owner?
When Trillion Trophy Asia owner Paul Suen Cho-hung finally took control of Birmingham Sports Holdings in October 2016, he committed to not selling his stake in the holding company for a two-year period. With that period elapsing in less than six months, what does the future hold for BSH?
Reports have emerged in the Chinese language media in Hong Kong that Trillion Trophy Asia owner Paul Suen Cho Hung has bought the second most expensive house in Hong Kong for a figure of around HK$1.6billion (approx. £143million).
The accounts for both Birmingham City and it’s UK parent Birmingham City PLC have been made available at Companies House this week. Both sets of accounts are essentially the same (as BCFC is 100% owned by BC PLC and it’s sole asset) and paint a stark picture of how much trouble BCFC would be without the investment of Trillion Trophy Asia.
A second defeat in two games for Birmingham City under Gianfranco Zola has magnified pressure on owners Trillion Trophy Asia. With the transfer window opening in a matter of days the onus is now on the Blues board to provide funding to reinvigorate the Blues squad.
Birmingham International Holdings today announced to the stock exchange that an agreement has been reached with majority shareholder Trillion Trophy Asia for a HK$250million (approx £26million) loan facility.
The fallout surrounding the controversial sacking of Gary Rowett by Birmingham City’s owners Trillion Trophy Asia seems no sign of abating four days on. Two late goals turning a winning position to a last-minute defeat to Brighton in Gianfranco Zola’s first game in charge hasn’t helped matters as the club tries to calm the emotional outpouring on social media.
