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Ex-SFC manager, DoJ Senior Counsel and nurse charged with conspiracy to commit MIPO

ICAC, 29-Nov-2024

Then SFC manager Kenneth Leung Po Hin allegedly abused inside information on a pending Link REIT (0823) rights issue, and the other 2 bought and sold put options to benefit from the information. It's unclear why there isn't also a charge of insider dealing rather than just Misconduct in Public Office, but the SFC in a separate announcement says it is looking into potential violations under the Securities and Futures Ordinance.

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