Times Universal Group Holdings Limited 時代環球集團控股有限公司

Sanctions against Mr Gan Lin, ex-ED of Times Universal (2310) and of GSN (ex-8242)
SEHK, 1-Aug-2024
For failing to co-operate with an investigation.
Yip Chi Wing (ex-KGI Asia Ltd) and Tsoi Chiu Kwan (ex-South China Securities Ltd) jailed for 3 months for false trading
SFC, 17-May-2024
In shares of Times Universal (2310), then known as Forebase International Holdings Ltd, in 2015-2016.
Court convicts former licensees Yip Chi Wing (ex-KGI Asia Ltd) and Tsoi Chiu Kwan (ex-South China Securities Ltd) of false trading in Times Universal (2310) in 2015-16
SFC, 25-Apr-2024
New Western (8242) lends HK$22m to BVI company guaranteed by Perway Yu Kin Wai
Company announcement, 17-Mar-2020
This comes 3 days after a $25m loan to a BVI company owned by Alfonso Chu Hin Ming. The two loans involve the same security, and in our view should have been aggregated under the Listing Rules. Mr Gan Lin became CEO of New Western on 22-Jan-2020. Until 11-Jun-2019 he was CEO of Forebase (2310). On 10-Apr-2019, Forebase bought a 49% interest in a Malaysian property company from the same 2 people.
Forebase (2310) buys 49% of Malaysian property vehicle from Perway Yu Kin Wai and Alfonso Chu Hin Ming for HK$21.07m in new sharesAgreement
Company announcement, 10-Apr-2019
Forebase (2310) to pay off loan from Chairman with new sharesAgreement
Company announcement, 12-Oct-2018

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