Wong, David Wai Kwong 黃偉光

Court of Appeal grants HK$622m compensation orders against ex-directors of EganaGoldpfeil (Holdings) LtdJudgment
SFC, 29-Jun-2021
It's almost 14 years since Webb-site blew the whistle on this. No criminal charges were ever laid.
SFC obtains disqualification orders against ex-directors of EganaGoldpfeilEgana and Upbest
SFC, 11-May-2020
Almost 13 years after Webb-site blew the whistle on this fraudulent firm, which promptly collapsed, 3 of the culprits are banned as directors for 6-9 years. No compensation order is made. We remain surprised that no criminal charges were made.
HKSAR v David Wong Wai Kwong
HK Court of Final Appeal, 4-Feb-2015
HKSAR v Wayland Tsang Wai Lun & Nancy Kwok Wai Man
HK Court of Appeal, 20-Dec-2012
HKSAR v Wayland Tsang Wai Lun & othersCooking with Gas
HK Court of Appeal, 28-Nov-2012
The court writes "in the face of prolonged inactivity following the announcement, a complaint was made to the Stock Exchange by a minority shareholder." Webb-site published the article "Cooking with Gas" on 4-Mar-2004 and filed a complaint with SEHK and SFC the next day. We had questioned the original announcement in a complaint to both regulators on 5-Jun-2002. For the avoidance of doubt, David Webb was never a shareholder in this stock. We don't know whether the complainant referred to was us.
SFC seeks disqualification and HK$2.13bn compensation orders against former directors of EganaGoldpfeil (0048)
SFC, 1-Aug-2011
We'd be amazed if they ever collect a penny, even if the order is granted. The defendants can just go through personal bankruptcy while they are serving (part of) the disqualification time. This does not preclude the possibility of criminal charges for fraud or false accounting in the case.
Five jailed in Grand Field case
ICAC, 17-Mar-2010
...and are thereby inducted into the Webb-site Hall of Shame
Grand Field case - reasons for sentence
HK District Court, 17-Mar-2010
Five guilty in Grand Field case
ICAC, 5-Mar-2010
This case was first brought to light by our article Cooking with Gas of 4-Mar-04. Charges were brought on 23-Jul-07, and then we wrote about Egana. No charges have yet been brought in that case.
David Wong Wai Kwong, executive director, charged by ICAC
Company announcement, 25-Jul-2007
Six face court for alleged conspiracy to defraud shareholders and stock exchange
ICAC, 25-Jul-2007
Six charged for alleged conspiracy to defraud shareholders and stock exchange
ICAC, 23-Jul-2007
Mr Charles Cheng Kai Ming, Mr George Li Kwok Cheung and Mr David Wong Wai Kwong charged by ICAC
Company announcement, 23-Jul-2007

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