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Hong Kong's Securities And Futures Commission: Market Misconduct Tribunal Finds No Insider Dealing In Warderly Shares

Date 05/08/2016

The Market Misconduct Tribunal (MMT) has handed down its decision that Mr Lo Hang Fong, a former Company Secretary of Warderly International Holdings Limited (Warderly), and Mr Luu Hung Viet Derrick, a lender and potential investor of Warderly, had not engaged in insider dealing in the shares of Warderly in 2007 (Notes 1 & 2).

The Securities and Futures Commission (SFC) is studying the report (Note 3).

Notes:

  1. The MMT was chaired by Mr Garry Tallentire with two lay members, Dr Wai Chi Kin, Victor and Mr Yau Yin Kwun, Joseph.
  2. The MMT’s report is available on its website (www.mmt.gov.hk).
  3. Please see the SFC’s press release dated 4 May 2015.