Court appoints administrators for Vantage New Generation Securities Ltd
SFC
SFC, 06-Sep-2023
We note that according to a Restriction Notice issued on 7-Jun-2023, the SFC suspects misappropriation of client assets.
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SFC issues restriction notice to Global Group Securities Ltd
SFC
SFC, 07-Jun-2023
You can always bet that when a company calls itself "Global", it isn't. The last 2 Responsible Officers left on 31-May-2023. It has no other licensed staff. Updates: the Restriction Notice reveals that the SFC suspects misappropriation of client money. On the same day as the Notice, the firm was renamed to "Vantage New Generation Securities Limited".