Chiu, Derek (1966) 邱達偉
SFC obtains DQ against Duncan Chiu Tat Kun & Michael Lui Hung Kwong of Far East Holdings International Ltd (0036)
| Judgment
SFC, 9-Feb-2021
It's quite amazing that Duncan Chiu has been allowed to carry on as a government-appointed director of the Cyberport and Hospital Authority. Also notable that Mr Fong Hup of Deloitte gave a clean audit on the 2007 accounts after learning of the situation. Duncan Chiu now accepts that the accounts were misleading by omission and this amounted to misconduct. The INEDs, as Audit Committee, also signed off. The 2 respondents, along with late Chairman Deacon Chiu's assistant Wendy Yung Kim Bing, were acquitted in 2012 of criminal fraud charges relating to the same loan.
SFC, 9-Feb-2021
It's quite amazing that Duncan Chiu has been allowed to carry on as a government-appointed director of the Cyberport and Hospital Authority. Also notable that Mr Fong Hup of Deloitte gave a clean audit on the 2007 accounts after learning of the situation. Duncan Chiu now accepts that the accounts were misleading by omission and this amounted to misconduct. The INEDs, as Audit Committee, also signed off. The 2 respondents, along with late Chairman Deacon Chiu's assistant Wendy Yung Kim Bing, were acquitted in 2012 of criminal fraud charges relating to the same loan.
SFC seeks disqualification of ex-Far East (0036) senior execs
SFC, 10-Apr-2018
The SFC is pursuing Duncan and Derek Chiu, sons of the late Chairman Deacon Chiu, and the former company secretary Michael Lui Hung Kwong. This follows the 2012 acquittal of Duncan Chiu, Mr Lui and the late Chairman's personal assistant, Wendy Yung Kim Bing, on fraud and theft charges. The judge in that case was minded to refer the matter to "the appropriate authority or SFC".
SFC, 10-Apr-2018
The SFC is pursuing Duncan and Derek Chiu, sons of the late Chairman Deacon Chiu, and the former company secretary Michael Lui Hung Kwong. This follows the 2012 acquittal of Duncan Chiu, Mr Lui and the late Chairman's personal assistant, Wendy Yung Kim Bing, on fraud and theft charges. The judge in that case was minded to refer the matter to "the appropriate authority or SFC".
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