The Listing Committee of The Stock Exchange of Hong Kong Limited just announced that it has censured Mr Wang Kai, a former executive director ("ED") of Sound Global Limited (Stock Code: 967) ("Company") for breaching his obligations under the Declaration and Undertaking with regard to Directors ("Undertaking") given to The Stock Exchange of Hong Kong…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Greenshields Capital Group. Greenshields Capital Group is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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Dr. Zamir Iqbal, Vice President Finance and Chief Financial Officer of the Islamic Development Bank (IDB), rang the market-opening bell today to mark the listing of a 1.25 billion US dollar Sukuk on Nasdaq Dubai, the region's international financial exchange. The listing supports the economic development and social advancement goals of IDB, an AAA-rated multilateral…
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Mr Glyn Leonard Raines, the former Chief Financial Officer of Hastie Services Pty Limited, (Hastie Services) (in external administration) has been sentenced to two years imprisonment to be served by way of an intensive corrections order on charges brought by ASIC. Mr Raines' sentence was finalised on 20 October 2017 in the District Court of…
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The exchange sector continued to demonstrate positive returns for investors with continued positive performances on the FTSE Mondo Visione Exchanges Index in Q3 of 2017. Bulgarian Exchange topped the leader board with an increase in share value of 67.3 per cent in Q3 2017 against a 6.6 per cent increase in Q2 2017. B3 SA…
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On Wednesday 18 October 2017, 350 million shares (5 Percent) of South Kaveh Steel Company were floated at Tehran Stock Exchange (TSE) for the first time, TSE has shared. The IPO, which was conducted through book building mechanism, added IRR 12300 billion to the exchange’s market capitalization. Each equity share was traded at IRR 1760.…
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The Board of Condor Gold (AIM: CNR) just announced that the Listing Committee of the Toronto Stock Exchange (TSX) has conditionally approved the Company's application to list Condor Gold on the TSX. Condor's flagship La India Project in Nicaragua hosts 9.6 M tonnes at 3.5 g/t gold for 1,083,000 oz gold in the Indicated mineral…
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Allan Raad of Wentworthville, NSW and his brother-in-law Yousef Joseph Bazouni of Sandringham, NSW, have appeared in the Downing Centre Local Court on charges of breaching their director duties and fraudulently removing company assets, ASIC announced earlier today. ASIC alleges that Mr Raad dishonestly used his position as a director of Cornish Property Services Pty…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Trading Trinity. Trading Trinity is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
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To provide better support in legal and regulatory matters to listed companies, particularly SMEs and mid-tier firms, the Autorité des marchés financiers (AMF) announced that it is publishing an overview of the main provisions in force. Organised by topic and listed market, the guide is a practical, informative and easy-access resource for gaining a firmer…
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