The criminal trial of the insider dealing prosecution brought by the Securities and Futures Commission (SFC) against businessman Mr Wong Pak Ming has been fixed to take place from 14 November 2025 to 10 December 2025 at the Eastern Magistrates’ Court after today’s pre-trial hearing (Note 1).
Wong has pleaded not guilty to the charge of insider dealing involving the shares of Transmit Entertainment Limited (formerly known as Pegasus Entertainment Holdings Limited) (Pegasus). Specifically, he allegedly counselled or procured another person to deal in the shares of Pegasus around 25 August 2017 to 17 October 2017, while he was the chairman and the controlling shareholder of Pegasus and having information which he knew was inside information in relation to Pegasus.
Wong’s bail was extended by the Court today pending the next hearing on the following conditions: (i) cash bail of $200,000; (ii) he shall reside at the home address provided and inform the Police prior to any change of residence; and (iii) he shall inform the SFC 24 hours prior to leaving Hong Kong.
Note:
- Please see the SFC’s press releases dated 27 February 2025, 27 March 2025, 25 April 2025, 5 June 2025 and 25 August 2025.
