September 07, 2017 BY Valentina Kirilova

SFC censures directors of Taiwan Cement Corporation for breaches of the Takeovers Code

The Hong Kong Securities and Futures Commission (SFC) announced that has publicly censured Chen Chi-Te and Kenneth C.M. Lo for breaching the dealing provisions under the Takeovers Code. As directors of Taiwan Cement Corporation (TCC), both Chen and Lo are parties acting in concert with TCC in a proposed privatisation of TCC International Holdings Limited…

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