YUE FUNG INTERNATIONAL GROUP HOLDING LIMITED
HKICPA fines Ernst & Young, Kwok Chee Tack and Kevin Wong Kam Man over duff audits and reports in 1997-2002
HKICPA, 24-Aug-2018
16 years after the ICAC arrested various directors of Yue Fung, Gold Wo and Fu Cheong (all since delisted), the auditors finally get slapped on the wrists with fines of HK$100k to HK$400k, having admitted the complaints against them. E&Y and Kwok Chee Tack was also fined in 2015 over the audits of another fraud, Akai, for 1997-1999.
HKICPA, 24-Aug-2018
16 years after the ICAC arrested various directors of Yue Fung, Gold Wo and Fu Cheong (all since delisted), the auditors finally get slapped on the wrists with fines of HK$100k to HK$400k, having admitted the complaints against them. E&Y and Kwok Chee Tack was also fined in 2015 over the audits of another fraud, Akai, for 1997-1999.
HKSAR v Ricky Li Wing Kei
HK Court of Appeal, 30-Jul-2010
Ricky Li Wing Kei loses his appeal against conviction.
HK Court of Appeal, 30-Jul-2010
Ricky Li Wing Kei loses his appeal against conviction.
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)
Kwong Hing's History
With Kwong Hing (1131) in the news over an ICAC investigation into alleged bribery and share price manipulation, Webb-site.com takes a look at the sordid history of this company, including its wasting of money on dotcoms and its long relationship with financial services firm Kingsway (0188). Our story also features CIL (0479), Yue Fung (0965) and Dynamic Global (0231). (9-Mar-2004)
With Kwong Hing (1131) in the news over an ICAC investigation into alleged bribery and share price manipulation, Webb-site.com takes a look at the sordid history of this company, including its wasting of money on dotcoms and its long relationship with financial services firm Kingsway (0188). Our story also features CIL (0479), Yue Fung (0965) and Dynamic Global (0231). (9-Mar-2004)
19 netted in graft probe over company listings allegedly facilitated by false accounting
ICAC, 17-Dec-2002
ICAC, 17-Dec-2002
Yue Fung's Paper Trail
In a highly dilutive share issue, calculator maker Yue Fung is proposing to invest in a company set up in February with capital of just HK$155,000. The company is now valued, by Chesterton Petty, at HK$160m. We take a close look at Yue Fung's paper trail. (23-Nov-2000)
In a highly dilutive share issue, calculator maker Yue Fung is proposing to invest in a company set up in February with capital of just HK$155,000. The company is now valued, by Chesterton Petty, at HK$160m. We take a close look at Yue Fung's paper trail. (23-Nov-2000)
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