Leading Global Fund SPC
SFC sues FingerTango (6860) and its current and former directors
SFC, 6-Oct-2023
The SFC seeks HK$258.75m in compensation for a bad investment, alleging breach of duties. It earlier obtained freezing orders on shares held by the defendants amounting to 60.64% of FingerTango. We note that from 2019 to 2020, the company also made "loans to third parties" of RMB382m, almost all of which was impaired in 2021. The SFC did not include those in its allegations.
SFC, 6-Oct-2023
The SFC seeks HK$258.75m in compensation for a bad investment, alleging breach of duties. It earlier obtained freezing orders on shares held by the defendants amounting to 60.64% of FingerTango. We note that from 2019 to 2020, the company also made "loans to third parties" of RMB382m, almost all of which was impaired in 2021. The SFC did not include those in its allegations.
FingerTango (6860): 4 days after our listing, we sank HK$450m into a fund and failed to announce it
Company announcement, 14-Jun-2019
Company announcement, 14-Jun-2019
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