GLOBAL TREND INTELLIGENT TECHNOLOGIES LIMITED
HKICPA fines Wong Yat Fai and Ernst & Young
HKICPA, 27-Jun-2014
Rather pathetic fines of HK$35k for Wong and HK$50k for E&Y, plus costs of HK$550k. The unnamed listed company was Global Trend Intelligent Technologies Ltd, which was delisted on 10-Mar-2005 after the fraudulent IPO.
HKICPA, 27-Jun-2014
Rather pathetic fines of HK$35k for Wong and HK$50k for E&Y, plus costs of HK$550k. The unnamed listed company was Global Trend Intelligent Technologies Ltd, which was delisted on 10-Mar-2005 after the fraudulent IPO.
HKICPA bans and fines Mr Lo Kwai Man
| Reasons
HKICPA, 9-Dec-2011
The unnamed listed company was Global Trend Intelligent Technologies Ltd, which published a fraudulent IPO prospectus and faked its 2002 accounts, for which Chairman Xu Peixin and ED Cai Yajuan were jailed. Co-consiprator Lo gave prosecution evidence under immunity.
HKICPA, 9-Dec-2011
The unnamed listed company was Global Trend Intelligent Technologies Ltd, which published a fraudulent IPO prospectus and faked its 2002 accounts, for which Chairman Xu Peixin and ED Cai Yajuan were jailed. Co-consiprator Lo gave prosecution evidence under immunity.
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)
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)
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