August 31, 2017 BY Valentina Kirilova

SFC censures a shareholder of Union Asia Enterprise Holdings Limited

The Hong Kong Securities and Futures Commission (SFC) has publicly censured and imposed a 24-month cold shoulder order against Yeung Wing Yee for breaching the mandatory general offer obligation of the Takeovers Code. Yeung became a shareholder of Union Asia Enterprise Holdings Limited (Union Asia) in July 2016. He increased his interest in Union Asia…

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