FIRST SHANGHAI INVESTMENTS LIMITED 第一上海投資有限公司

SFC revokes and fines Mr Chan Wang Fai
SFC, 8-Jun-2009
Comment: the unnamed listed company should now sue Mr Chan and his brokerage First Shanghai Securities Ltd for the HK$930,000 in excess cost which they had to pay for share buybacks due to Mr Chan's malfeasance. This cost was ultimately bourne by the shareholders of the listed company.
Report of Insider Dealing Tribunal
IDT, 5-Aug-1995

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