Jiuzhou Development: breach of Listing Rules on connected transactions
Company announcement, 18-Mar-2011
The INEDs who should have noticed that the approval had expired include Stephen Hui Chiu Chung, a Government-appointed director of HKEx who has been an INED of Jiuzhou since its IPO in 1998 and is a director of 7 HK-listed companies. The others are David Chu Yu Lin, who sits on 3 HK-listed boards, and Albert Ho, on 2.