VC BROKERAGE LIMITED 滙盈證券有限公司
Alan Chan Wai Hon v Foebe Chan Yuk
HK Court of First Instance, 13-Sep-2024
Alan Chan succeeds in his claim for repayment of loans to Ms Chan, then Chairman of China Zenith Chemical (0362) who succeeded her ex-boyfriend Jimmy Chan Yuen Tung as Chairman in 2012. The court accepted Alan's testimony that he was trading and holding shares of CZ at her direction. This implies that as a CZ director, she failed to disclose her dealings in those shares. If she was acting in concert with Jimmy Chan then there would also be implications under the Takeovers Code, as together they obtained more than 30% of CZ.
HK Court of First Instance, 13-Sep-2024
Alan Chan succeeds in his claim for repayment of loans to Ms Chan, then Chairman of China Zenith Chemical (0362) who succeeded her ex-boyfriend Jimmy Chan Yuen Tung as Chairman in 2012. The court accepted Alan's testimony that he was trading and holding shares of CZ at her direction. This implies that as a CZ director, she failed to disclose her dealings in those shares. If she was acting in concert with Jimmy Chan then there would also be implications under the Takeovers Code, as together they obtained more than 30% of CZ.
The Semtech saga
In this side story to Part 3, we look at the scandals which surrounded Sino-Tech International Holdings Ltd in 2004, the subsequent convictions, possible options abuse and the missing deposit on a failed Vietnamese chromium mining project. (23-Jun-2009)
In this side story to Part 3, we look at the scandals which surrounded Sino-Tech International Holdings Ltd in 2004, the subsequent convictions, possible options abuse and the missing deposit on a failed Vietnamese chromium mining project. (23-Jun-2009)
SFC bans Mr Adrian Wong Tak Yuen for 3 years for facilitating unlicensed dealing activities
SFC, 20-Feb-2006
SFC, 20-Feb-2006
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