In a SEC filing, Chinese investor Tang Hao, director of Discovery Key Investments Limited (DKI), a British Virgin Isles company, has raised its stake in Amaya Inc. to 12.6 percent with the acquisition of a further 2,100,100 common shares since June 2, 2017.
Our readers will recall DKI acquired 9,105,500 shares in March 2017 (see previous reports).
DKI, represented by Tang Hao, acquired the shares through an agreement with former chief executive officer, David Baazov according to an SEC filing at the time. Baazov’s name doesn’t feature in this latest filing, however.
Tang also has links to investment management firm Goldenway Capital Management Ltd., a company incorporated under the laws of the Cayman Islands. He served as chief executive officer of Goldenway Precious Metals Ltd. at the time of the company’s acquisition of Cyber Informatix Inc.in 2011, a company engaged in the design, development, and distribution of downloadable software products.