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