KuangChi Science Limited 光啟科學有限公司
Kuangchi the stratospheric stock
Our latest New Year bubble worth popping is Kuangchi (0439), HK's top-performing stock of 2014, valued at HK$32.03bn (US$4.13bn) or 16.1x NTAV. (2-Jan-2015)
Our latest New Year bubble worth popping is Kuangchi (0439), HK's top-performing stock of 2014, valued at HK$32.03bn (US$4.13bn) or 16.1x NTAV. (2-Jan-2015)
Chan Hoi Lam, Ex-CEO of Climax (0439) jailed for 74 months
| Hall of Shame
ICAC, 10-Sep-2013
and he thereby joins our Hall of Shame for jailed directors. By coincidence he is actually the second CEO of this company to be jailed. The first was Kenneth Fung Kin Yuen (aka Fung Chi Keung) who was jailed in 2003.
ICAC, 10-Sep-2013
and he thereby joins our Hall of Shame for jailed directors. By coincidence he is actually the second CEO of this company to be jailed. The first was Kenneth Fung Kin Yuen (aka Fung Chi Keung) who was jailed in 2003.
Former CEO of Climax (0439) charged with fraud and theft
ICAC, 26-Jan-2011
The auditor for the reports for the years ended 31-Mar-2007 and 31-Mar-2008 was Shinewing (HK) CPA Ltd. They took over after Deloitte resigned, after raising a query "on the validity of certain PRC expenditures" in the sum of HK$10.54m. Deloitte referred to its responsibility to consider fraud in an audit of financial statements. Shinewing subsequently gave a clean audit report for both years.
ICAC, 26-Jan-2011
The auditor for the reports for the years ended 31-Mar-2007 and 31-Mar-2008 was Shinewing (HK) CPA Ltd. They took over after Deloitte resigned, after raising a query "on the validity of certain PRC expenditures" in the sum of HK$10.54m. Deloitte referred to its responsibility to consider fraud in an audit of financial statements. Shinewing subsequently gave a clean audit report for both years.
The paid advert opposing the blackout rule
With links to the signatories in Webb-site Who's Who. (29-Dec-2008)
With links to the signatories in Webb-site Who's Who. (29-Dec-2008)
ICAC raided Climax office, arrested certain former and current officers
Company announcement, 20-Nov-2008
Company announcement, 20-Nov-2008
Chan Hoi Lam and Frederick Kan Shiu Cheong resign as CEO and ED of Climax
Company announcement, 26-Mar-2008
Company announcement, 26-Mar-2008
Result of investigation by independent accountants
Company announcement, 12-Mar-2008
They were "unable to conclude whether the Refurbishment and Advertising Expenses and entertainment Expenses were genuinely incurred for the purposes of and necessary for the business operations of the Group."
Company announcement, 12-Mar-2008
They were "unable to conclude whether the Refurbishment and Advertising Expenses and entertainment Expenses were genuinely incurred for the purposes of and necessary for the business operations of the Group."
Change of auditors
Company announcement, 31-Mar-2007
Deloitte resigns, after raising a query "on the validity of certain PRC expenditures" in the sum of HK$10.54m. Deloitte refers to its responsibility to consider fraud in an audit of financial statements. It is unable to complete its audit.
Company announcement, 31-Mar-2007
Deloitte resigns, after raising a query "on the validity of certain PRC expenditures" in the sum of HK$10.54m. Deloitte refers to its responsibility to consider fraud in an audit of financial statements. It is unable to complete its audit.
SFC prosecutes Mr Choi Kam Tui for manipulating closing price of Climax (0439)
SFC, 10-Jun-2003
You can climax at the end of each day, but it is always such a let-down the morning after.
SFC, 10-Jun-2003
You can climax at the end of each day, but it is always such a let-down the morning after.
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