June 26, 2017 BY Valentina Kirilova

MMT sanctions Greencool’s former chairman for disclosure of false information

The Market Misconduct Tribunal (MMT) today ordered the former chairman and chief executive officer of Greencool Technology Holdings Limited, Mr Gu Chujun, to disgorge $481,969,785 of profit from his market misconduct, Hong Kong SFC just announced. This is the largest disgorgement order amount ever imposed by the MMT to date. On 29 December 2016, the…

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