9 Apr 2010
SECURITIES AND FUTURES COMMISSION v. YEUNG KUI WONG AND OTHERS
- Citation
- SECURITIES AND FUTURES COMMISSION v. YEUNG KUI WONG AND OTHERS
- Court
- Court of First Instance
- Case number
- HCMP1742/2009
On the agreed facts the court was satisfied that, during the relevant period, the business or affairs of the Company were conducted in a manner involving misfeasance or misconduct and/or resulting in members not being given information they might reasonably expect within s.214(1)(b) and (c). The 3rd and 4th Respondents failed persistently to ensure compliance with Listing Rules including non-disclosure of multiple price-sensitive events and connected-party financial assistance; accordingly disqualification under s.214(2)(d) was appropriate and, taking into account guidance on tariff brackets…