SFC suspends Eric Shum Kam Chi, ex-SHK, for 3 years over Sino-Life (8296) IPO sponsorship failures
SFC, 16-Sep-2014
According to Webb-site Total Returns, the stock has lost 77.5% since its first day of trading on 9-Sep-2009 (9-9-9). In search of a more propitious name, we suggest the funeral services company renames itself Sino-Death. In Jan-2014, Sun Hung Kai was fined HK$12m and suspended from corporate finance advisory services for 1 year.
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SFAT affirms SFC decision to fine Sun Hung Kai International Ltd HK$12m and suspend licence for IPO sponsor failures
SFC, 27-Jan-2014
In relation to Sino-Life (8296), which should probably be renamed Sino-Death as it is in the funeral business and has cremated shareholders' investments too.
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SHK International quits as compliance adviser of China Automotive Interior Decoration (8321)
Company announcement, 19-Aug-2011
No reason is given. SHK International was also the IPO sponsor. The resignation is less than a year after the listing on 29-Sep-2010.