FU CHEONG INTERNATIONAL HOLDINGS LIMITED

HKICPA fines Albert Chan Wing Kui, bans him for 5 yearsReasons
HKICPA, 26-Apr-2012
As usual, the HKICPA fails to name the listed company. Mr Chan was Financial Controller of Fu Cheong International Holdings Ltd which listed in 2002 and faked its accounts. Ernst & Young was the reporting accountant in the IPO and auditor for 2001. With good behaviour Mr Chan probably served 50 months and was paroled last year.
HKICPA bans Ricky Li Wing Kei
HKICPA, 27-Oct-2011
The listed companies which the HKICPA doesn't name were Gold Wo International Holdings Ltd and Fu Cheong International Holdings Ltd.
HKSAR v Ricky Li Wing Kei
HK Court of Appeal, 30-Jul-2010
Ricky Li Wing Kei loses his appeal against conviction.
HKSAR v Ho Wing Cheong, Chan Wing Kui & others
HK Court of Appeal, 18-Dec-2009
HKSAR v Fu Chu Kan & others
HK Court of Appeal, 24-Jul-2009
Suitability in a disclosure-based market
SEHK has announced possible waivers of the profit criteria. We don't object, but the profit test should be scrapped. It has no place in a disclosure-based market, and is no substitute for better accounting disclosure requirements and effective legal remedies and deterrents, all of which HK still sorely lacks. We make proposals for those. (8-Jun-2009)
Mr Li Wing Kei, CPA, jailed for 9 years for listing fraud
ICAC, 19-Feb-2008
Trio jailed for listing and L/C frauds
ICAC, 20-Aug-2007
Duo guilty of listing and L/C frauds
ICAC, 16-Aug-2007
Ex-chairman gets 10 years for listing fraud and $85m credit scam
ICAC, 28-Mar-2007
Cancellation of Listing
Company announcement, 27-Jun-2006
Li Wing Kei v HKSAR
HK Court of Final Appeal, 31-May-2005
Toxic IPOs in HK
In this epic article, we take you through the IPOs of at least 14 listed companies, 3 of which have already led to criminal charges. We explain the inter-relationships between the companies, sponsors, lead managers, auditors and the INEDs. Before you buy another IPO, stop and read this article. (21-Mar-2005)
Charges against director and officer by ICAC
Company announcement, 14-Dec-2004
Seven charged for alleged listing and L/C frauds involving listed companies
ICAC, 8-Dec-2004
19 netted in graft probe over company listings allegedly facilitated by false accounting
ICAC, 17-Dec-2002

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