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Public Disciplinary Actions
SFC bans Alfred Wong Tang Chung for 3 years for role in Hontex
SFC, 20-Nov-2012
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SFC revokes the licence of Terence Hong Hui Lung
SFC, 07-Jun-2012
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SFC revokes licence of Mega Capital (Asia) Co Ltd, fines it HK$42m for Hontex mess
SFC, 22-Apr-2012
Mega Capital denies all allegations of wrongdoing. The timing of this announcement, made at 4pm on a Sunday afternoon, may be intended to buttress the case for greater sponsor liability in a consultation paper expected soon. Some of the allegations though, appear to relate to accounting data, the verification of which should have been the purview of reporting accountants KPMG. The SFC does not regulate accountants.
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Raking muck, Part 3
Webb-site.com, 05-Mar-2012
We now connect Joseph Lau to Executive Talent, and focus on a series of dubious transactions by Hycomm and the bubble in its stock while it did the coal mine hokey cokey, from which bubble Joseph Lau has profited hugely. We also look at the creation of Inno-Tech and the youngest infant mortality on GEM, Codebank.
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