Huang, Sheng Lan (1951) 黃勝藍
Sanction of China Ecotourism (1371) and 7 directors
SEHK, 25-Apr-2024
13 bad loans to 9 borrowers led to impairment of HK$473m, and a HK$35m purported investment in a blockchain startup was also fully impaired after the owner disappeared. Some of that money found it way into the bank account of Sha Tao, the husband of Donna Chan Tan Na, ex-Chairman and CEO of the company. Chan Shing, the ex-husband of ED Lau Ting was also allegedly involved. A slap on the wrists from the Stock Exchange doesn't go far enough - why haven't there been criminal charges?
SEHK, 25-Apr-2024
13 bad loans to 9 borrowers led to impairment of HK$473m, and a HK$35m purported investment in a blockchain startup was also fully impaired after the owner disappeared. Some of that money found it way into the bank account of Sha Tao, the husband of Donna Chan Tan Na, ex-Chairman and CEO of the company. Chan Shing, the ex-husband of ED Lau Ting was also allegedly involved. A slap on the wrists from the Stock Exchange doesn't go far enough - why haven't there been criminal charges?
SFC helps HKEX in investigation of China Ecotourism (1371) over dubious loans and investment
SFC, 25-Apr-2024
Comment: the toothless Exchange cannot fine or jail, it only handles breaches of Listing Rules. The SFC helped trace funds, but why isn't it taking civil action under SFO, or criminal prosecution via the Department of Justice, if needed?
SFC, 25-Apr-2024
Comment: the toothless Exchange cannot fine or jail, it only handles breaches of Listing Rules. The SFC helped trace funds, but why isn't it taking civil action under SFO, or criminal prosecution via the Department of Justice, if needed?
Sanction of Mr Huang Sheng Lan, ex-NED of China Fortune Inv (ex-8116)
SEHK, 9-Nov-2023
For failing to complete the 20 hours of director-training that was required after a previous sanction. He was once Deputy Governor of China Everbright Bank. He was an INED of China Ecotourism (1371) until last month when he resigned "to pursue his personal retirement plan".
SEHK, 9-Nov-2023
For failing to complete the 20 hours of director-training that was required after a previous sanction. He was once Deputy Governor of China Everbright Bank. He was an INED of China Ecotourism (1371) until last month when he resigned "to pursue his personal retirement plan".
Censure/criticism of China Fortune Investments (8116) and 9 directors
SEHK, 7-Jul-2021
For internal control failures relating to an acquired PRC P2P business, the directors and senior management of which defrauded it and the company before and after the acquisition, amongst other things.
SEHK, 7-Jul-2021
For internal control failures relating to an acquired PRC P2P business, the directors and senior management of which defrauded it and the company before and after the acquisition, amongst other things.
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