Yung, Wendy Kim Bing

SFC seeks disqualification of ex-Far East (0036) senior execs
SFC, 10-Apr-2018
The SFC is pursuing Duncan and Derek Chiu, sons of the late Chairman Deacon Chiu, and the former company secretary Michael Lui Hung Kwong. This follows the 2012 acquittal of Duncan Chiu, Mr Lui and the late Chairman's personal assistant, Wendy Yung Kim Bing, on fraud and theft charges. The judge in that case was minded to refer the matter to "the appropriate authority or SFC".
Far East boss acquitted of HK$61m fraud
HK Standard, 9-May-2012
HKSAR v Duncan Chiu, Lui Hung Kwong & Wendy Yung Kim Bing
HK District Court, 8-May-2012
Boss out on bail over HK$61m theft charges
HK Standard, 8-Sep-2010
Note 28 of the 2007 accounts shows that Deacon Chiu owed the company $22.1m at 31-Dec-2007 and a maximum of $61.9m during the year, which had been fully settled by 25-Apr-2008, the date of the report. Shareholders' approval was not sought for this connected transaction under the Listing Rules, and hence it appears to have breached the Companies Ordinance too, which appears to be the substance of the charges.
One director and 2 employees of Far East Holdings (0036) charged by CCB
Company announcement, 6-Sep-2010
Section 157H(2)(a) prohibits loans to company directors, subject to exceptions.

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