[ET Net News Agency, 14 January 2020] Eagle Ride Investment Holdings Limited (00901)
said the company has entered into a memorandum of understanding with Cornucopiae Asset
Management Limited (Cornucopiae). Both parties agreed to explore possible cooperation and
investment opportunities to cooperate and establish a private equity investment fund.
The legal form of the fund is expected to be a limited company with a term of 3 years
and a total size of HK$1 billion. Cornucopiae will become the fund manager of the fund,
responsible for its daily management. The fund will mainly invest in pre-IPO projects that
are intended for listing, including a company engaged in gold mining in China (Shandong
Province) and the projects of biotechnology, cloud computing financial technology and IoT
technology.
Cornucopiae is a licensed corporation of Securities and Futures Commission of Hong Kong
and is licensed for Type 1, Type 4 and Type 9 regulated activities. (RC)