Tag: Market Misconduct Tribunal

SFC fines
February 28, 2017 BY Valentina Kirilova

MMT sanctions Yorkey Optical, its CEO and Financial Controller for late disclosure of inside information

The Market Misconduct Tribunal (MMT) has found that Yorkey Optical International (Cayman) Limited, its CEO Mr Nagai Michio and Financial Controller Mr Ng Chi Ching failed to disclose inside information as soon as reasonably practicable under the corporate disclosure regime following proceedings brought by the Securities and Futures Commission (SFC). The MMT found that there…

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Hong Kong SFC
February 07, 2017 BY Valentina Kirilova

MMT finds Mayer Holdings Ltd culpable of late disclosure of inside information

The Market Misconduct Tribunal (MMT) today found that Mayer Holdings Limited and nine of its current and former senior executives failed to disclose inside information as soon as reasonably practicable as required under the Securities and Futures Ordinance (SFO) following proceedings brought by the Securities and Futures Commission (SFC). The current and former senior executives…

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Hong Kong SFC
December 30, 2016 BY Valentina Kirilova

MMT finds Greencool’s former chairman and senior executives culpable of market misconduct

The Market Misconduct Tribunal (MMT) has found that the former chairman and chief executive officer of Greencool Technology Holdings Limited (Greencool), Mr Gu Chujun, and four former senior executives (including its former financial controller) disclosed false or misleading information inducing transactions and so engaged in market misconduct under the Securities and Futures Ordinance (SFO) following…

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Hong Kong SFC
December 06, 2016 BY Valentina Kirilova

SFC commences MMT proceedings over alleged insider dealing in Titan Petrochemicals Group Ltd shares

The Securities and Futures Commission (SFC) has commenced proceedings in the Market Misconduct Tribunal (MMT) against Mr Augustine Cheong Kai Tjieh, a former senior executive of an affiliate of Titan Petrochemicals Group Limited, and his mother Ms Gan Ser Soon, for alleged insider dealing in Titan shares in 2012. The SFC alleges that Cheong and…

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October 20, 2016 BY Valentina Kirilova

Market Misconduct Tribunal bans Andrew Left of Citron Research from trading securities in Hong Kong

The Market Misconduct Tribunal (MMT) has ordered that Mr Andrew Left of Citron Research be banned from trading securities in Hong Kong for the maximum period of five years without the leave of the court after finding him culpable of disclosing false or misleading information inducing transactions under the Securities and Futures Ordinance (SFO) in…

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