Tenfu (Cayman) Holdings Company Limited 天福(開曼)控股有限公司

SFC seeks DQ and compensation orders against entire former board of 3DG Holdings (2882)
SFC, 14-Mar-2025
In fact the company announced the SFC's petition back on 31-May-2024. The SFC alleges that the acquisition of a money-lender and the creation of 12 "loans" (all of which defaulted) formed part of a scheme to misappropriate the group's cash. One of the INEDs involved, Anthony Fan Ren Da, still sits on the board of 8 HK-listed companies - 6 as INED and 1 each as NED and ED.
Criticism of Tseng Ming Sung, NED of Tenfu (6868)
SEHK, 21-Nov-2024
At the same time as executing share buybacks for Tenfu, he was also buying shares for 2 substantial shareholders.

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