Sun, Samson Ping Hsu 孫秉樞

Hands in the Till at Dah Hwa
The controlling family shareholder of HK-listed leather trader Dah Hwa International helped themselves to 32% of the shareholders' funds as unsecured interest-free "advances" and the independent directors did not prevent it. This story shows you just how ineffective INEDs can be when they are appointed by controlling shareholders. (4-Feb-2002)

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