LIPPO CHINA RESOURCES LIMITED 力寶華潤有限公司
SFC suspends Mr Edmond Kung Chiu Nam for misleading SFC and lending his account to another licensee
SFC, 16-Nov-2005
SFC, 16-Nov-2005
What did you expect?
By popular demand, we comment on the sale by HKCB Bank Holding of Hongkong Chinese Bank to CITIC Ka Wah Bank, and the accompanying increase in the holding of Lippo China Resources in HKCBH, which many investors were surprised did not trigger a general offer. We also take a look at the chequered past of the two banks, which were surely made for each other, and what we know about an ICAC investigation involving a former Alternate CEO of CKW. (4-Nov-2001)
By popular demand, we comment on the sale by HKCB Bank Holding of Hongkong Chinese Bank to CITIC Ka Wah Bank, and the accompanying increase in the holding of Lippo China Resources in HKCBH, which many investors were surprised did not trigger a general offer. We also take a look at the chequered past of the two banks, which were surely made for each other, and what we know about an ICAC investigation involving a former Alternate CEO of CKW. (4-Nov-2001)
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