Du, Juan (1972) 杜鵑
SFC obtains court orders for $420m compensation to GOME (0493) from founder and wife
SFC, 7-May-2014
SFC, 7-May-2014
SFC obtains HK$420m compensation for GOME from former chairman and wife
SFC, 11-Mar-2014
Comment: in the circumstances, this is a good outcome and independent shareholders should vote to ratify the share repurchase so that GOME gets the money. If they don't, then the settlement is off and GOME could still sue the couple, but even if that is successful, the awarded damages are unlikely to be any higher. Mr Wong is presumably still in a mainland prison, having been sentenced to 14 years in 2010, but in the mainland, things are not always what they seem.
SFC, 11-Mar-2014
Comment: in the circumstances, this is a good outcome and independent shareholders should vote to ratify the share repurchase so that GOME gets the money. If they don't, then the settlement is off and GOME could still sue the couple, but even if that is successful, the awarded damages are unlikely to be any higher. Mr Wong is presumably still in a mainland prison, having been sentenced to 14 years in 2010, but in the mainland, things are not always what they seem.
Take the GM out of GOME
Webb-site looks at the governance battle at GOME (0493), which culminates in an SGM on 28-Sep-2010 for which we give our voting recommendations. We also examine the claims in the SFC's civil action against Wong Kwong Yu. (7-Sep-2010)
Webb-site looks at the governance battle at GOME (0493), which culminates in an SGM on 28-Sep-2010 for which we give our voting recommendations. We also examine the claims in the SFC's civil action against Wong Kwong Yu. (7-Sep-2010)
Court grants injunction to freeze assets of ex-GOME chairman and wife
SFC, 7-Aug-2009
Readers can click here for a list of GOME buybacks.
SFC, 7-Aug-2009
Readers can click here for a list of GOME buybacks.
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