I couldn't find much on them wot. The website looks average with...

I couldn't find much on them wot. The website looks average with some links not working. They claim to have a diversified $100m HKD fund made up of equity, quasi-equity, debt and convertible debt and they want to put a third of the total into MYQ at double the share price?
Why would they pull out? What if they never intend to purchase any shares? Who benefits? Maybe some current holders or some directors who's vwap based performance shares could potentially trigger before 25th February when first payment is due.