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LMH v LWP

HK Court of Appeal, 10-Feb-2012

LWP is almost certainly Leung Wo Ping, an INED of Heng Xin China (8046) and Zhuguang (1176). Whoever he is, the respondent receives almost half his income from being INED of two listed companies and has outgoings exceeding his income and low liquid assets, which brings into question his independence of those companies. He should be redesignated as non-independent.

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