Kwong, Cecil Chi Ho 鄺智豪

HKICPA fines Alfred Tam Tak Kuen & his firm HK$414k
HKICPA, 26-Feb-2018
For failure to pay MPF contributions for his employees over up to 28 months.
HKICPA fines Lawrence Tse Lap Fu, bans him for 6 months
HKICPA, 12-Oct-2017
HKICPA bans Chan Bing Chung for 9 months, fines him HK$50k
HKICPA, 29-Feb-2016
This relates to his role as quality control reviewer for the 2007-2009 audits of Sing Lee Software (8076). The company failed to expense its share options. His "major line of argument was it was fair for the Company to treat the valuation of the Share Options as zero" - which it isn't. He still doesn't get IFRS 2. He is also an INED and chairs the audit committee of China Haisheng Juice (0359) which, if it keeps him, should explain why.
HKICPA fines Michael Choi Man Chau and Chan Kin Wai HK$12k each, Pan-China (HK) CPA Ltd HK$50k
HKICPA, 14-Jan-2016
Comment: the fines do not serve as a deterrent given that the firm earned $1.09m in fees from the listed company, China Daye Non-Ferrous (0661) in that year. Mr Choi is also an INED of Oriental Watch (0398).

Sign up for our free newsletter

Recommend Webb-site to a friend

Copyright & disclaimer, Privacy policy

Back to top