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Three individuals, including Kenneth Leung Po Hin, a former manager of Hong Kong's Securities and Futures Commission (SFC), have been charged with conspiring to commit misconduct for allegedly sharing non-public information regarding a planned rights issue by Link REIT (0823). The charges include the abuse of inside information related to the rights issue, with the other two individuals reportedly involved in buying and selling put options. The investigation is being conducted jointly by the SFC and the Independent Commission Against Corruption (ICAC). This case highlights ongoing scrutiny of misconduct in public office in Hong Kong.
Li Han Chun, ex-China Forestry (ex-0930) chairman and CEO, sanctioned for market misconduct: Source: SFC | Source date: 28-Nov-2024 18:26 https://t.co/u4LajQwjsT
Mastermind and 12 others charged in FWD/Sun Life HK$52m dummy agents commissions fraud plead guilty: Source: ICAC | Source date: 23-Nov-2024 23:59 https://t.co/s8zkMYau4i
Ex-Johnson Electric (0179) manager pleads guilty to HK$70m purchase orders fraud: Mr Seh Yat Wing failed to disclose that the vendor of electric parts was owned and directed by the mother of his child. Source: ICAC | Source date: 25-Nov-2024 23:59 https://t.co/LFKfCay87M
