Tianjin Jinran Public Utilities Company Limited 天津津燃公用事業股份有限公司

Gransing Securities chair Rowena Oei Hong Eng suspended for 8 months
SFC, 16-May-2019
Gransing is one of the brokerages in what we call the "Enigma Network", having acted as placing agent for many of its listed companies. The firm was co-founded by Ms Oei and her husband Gerald Que Bon Tan. It is 17.52% owned by China New Economy Fund (0080), a network company. The CNEF accounts state that Gransing Financial Group Ltd (including the brokerage) had an unaudited loss of HK$20.7m in 2018. Ms Oei admitted that she dishonestly crossed orders with an unnamed friend at another firm in 2 stocks (not in the network).
Tianjin Jinran (1265): former Chairman under investigation by the "relevant authorities"
Company announcement, 12-Sep-2013
Mr Jin Jian Ping resigned 11 days before this announcement, "owing to work reallocation".
Chiu Suet Ying convicted and fined for breaching SFO
Company announcement, 29-Jun-2009

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