SFC v Zhou Ling & Dai Haidong, ex-Chairman and ex-CEO of New Ray Medicine (6108)
HK Court of First Instance, 13-Sep-2024
The SFC's case largely falls apart, with the court disqualifying the pair as directors for 1 year each for failing to disclose their interests in an acquisition, but clearing them of the other allegations. As of 24-Oct-2024, the SFC has not yet announced the outcome.

• Orgs
  • First Credit Finance Group Limited
  • New Ray Medicine International Holding Limited
  • SECURITIES AND FUTURES COMMISSION
• People
  • Dai, Haidong 戴海東
  • Yang, Fang (1976) 楊芳
  • Zhou, Ling (1977) 周凌
• Topics
  • Enigma Network

First Credit (8215) lends someone HK$20m at 15% p.a. secured on shares of something | Disclosure of interest
Company announcement, 1-Nov-2016
It fails to say who or what. Webb-site can tell you that the security is 17,034,930 shares (21.81%) of Huge China Holdings Ltd (0428). That number of shares is owned by Seize Minute Ltd, utlimately owned by Michael Kor Sing Mung, who would be the guarantor.

• Orgs
  • Cocoon Holdings Limited
  • First Credit Finance Group Limited
  • Seize Minute Limited
• People
  • Kor, Michael Sing Mung

First Credit (8215) lends HK$23.4m to someone secured on convertible notes of something | Disclosure of interest
Company announcement, 5-Oct-2016
They don't say who or what, but Webb-site can tell you the loan is secured on HK$43.82m of notes convertible into 29,210,976 shares (9.86%) of GET (8100) at $1.50 per share. The notes are owned by Ace Source International Ltd (BVI) which is owned by Mr Xue Qiushi, the CEO of GET.

• Orgs
  • Ace Source International Limited
  • Famous Tech International Holdings Limited
  • First Credit Finance Group Limited
• People
  • Xue, Qiushi 薛秋實