Proceedings.

He Yuan Investment Ltd

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Proceeding
Receivership (court-appointed)Section 39 of the Law and Equity Act, R.S.B.C. 1996 c. 253, as amended
File
NO. S-258457
Filings held12
Last activity28 Jul 2026
On the record306 days
OverviewSummary updated

He Yuan Investment Ltd is in court-appointed receivership in the Supreme Court of British Columbia, under court file number S-258457. The receivership order was made on November 19, 2025, the date the proceeding commenced, on the statutory footing of section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The proceeding remains active. The record to date consists of the appointment itself; no further steps have been reported on the file.

Claims processIf you are owed money

Claims must be filed by

Per the Creditor's Package dated 4 August 2026.

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Case updates11 dated entries · 1 undated

8 earlier updates, back to 19 November 2025 subscribers.

Undated filings1 — no date appears on the document · show

1 filings carry no date on their face — subscribers.

Parties

Debtor

He Yuan Investment Ltd

Receiver

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
UnsecuredQuick Capital Inc.Amount listed as 'Unknown' in creditors list · as of 24 Nov 2025List of Creditors as at November 24, 2025

“not stated” means the record names the claim without a figure; “” means not in the extracted record.

This proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.

3 more claims across lower-ranking classesSubscribe to view
Sale processAs stated in the filings

3 transactions · 2 closed · 1 proposedThe Receiver seeks approval of a stalking horse sale solicitation process for the sale of the Company's interest in Globalive LPReceiver's Second Report to Court · 13 Jul 2026

PurchaserPriceStatusSource
Globalive WOB SPV LPthe assets described in the Sale Agreement (the 'Purchased Assets') · asset sale · agreement 26 Feb 2026not statedCloseddate not statedReceiver's Second Report to Court
Globalive WOB SPV LP10,785,038 Class B Preferred Units in Globalive LP · share sale · agreement 20 Feb 2026SubscribersClosedReceiver's Second Report to Court
Stalking Horse Bidder to be selected from LPA and Class A unitholders; not yet identifiedall, or substantially all, of the Class B Common Units in Globalive WOB SPV LP · auctionnot statedProposedReceiver's Second Report to Court
AdvisorsMNP Corporate Finance Inc. (sale agent)Receiver's Second Report to Court
Closing termsReceiver may extend the Closing Date with Purchaser's consent, without further OrderOrder re Approval and Vesting Order
Documents
12 filings
DateDocumentFile
Creditor's Package
  • Claims bar date 16 November 2026
  • Order date 28 July 2026
PDF · Subscribers
Notice to Creditors
PDF · Subscribers
Notice of Application re Claims Process Order / SSP OrderPDF · Subscribers
Service ListPDF · Subscribers
Receiver's Second Report to Court
  • Closing confirmed Closed · date not stated · Globalive WOB SPV LP
  • Purchaser Stalking Horse Bidder to be selected from LPA and Class A unitholders; not yet identified · all, or substantially all, of the Class B Common Units in Globalive WOB SPV LP · auction · proposed; Globalive WOB SPV LP · 10,785,038 Class B Preferred Units in Globalive LP · share sale · closed
  • Sale advisor MNP Corporate Finance Inc. (sale agent)
  • Financial position Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Order re Approval and Vesting Order
  • Closing terms Receiver may extend the Closing Date with Purchaser's consent, without further Order
  • Order date 1 April 2026
  • Purchaser Globalive WOB SPV LP · the assets described in the Sale Agreement (the 'Purchased Assets') · asset sale · approved
  • Stalking horse Subscribers
PDF · Subscribers
Affidavit #1 of Morgan Conway
PDF · Subscribers
Notice of Application
  • Applicant MNP Ltd., in its capacity as Court-appointed Receiver of the assets, undertakings and properties of He Yuan Investments Ltd.
  • Appointee MNP Ltd.
  • Appointee role Court-appointed Receiver
  • Commencement date 13 March 2026
  • + 5 more extracted facts
PDF · Subscribers
Receiver's First Report to Court
  • Purchaser Globalive WOB SPV LP · 10,785,038 Class B Preferred Units in Globalive LP · share sale · proposed
  • Sale outcome Approval pending — Receiver seeking court approval of the UPA; sale process for remaining Property contemplated as next step
  • Financial position · Secured creditors Subscribers
  • + 1 more extracted fact
PDF · Subscribers
List of Creditors as at November 24, 2025
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Receivership Order entered November 24, 2025
  • Applicant MNP LTD
  • Appointee MNP Ltd.
  • Appointee role Receiver and Manager
  • Commencement date 19 November 2025
  • + 3 more extracted facts
PDF · Subscribers
Proof of Claim FormPDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “He Yuan Investment Ltd” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/he-yuan-investment-ltd

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/he-yuan-investment-ltd

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.