Lau, Joseph Chi Yuen 劉智遠

SFC obtains disqualification orders against former directors of Luxey (8041)Judgment
SFC, 24-May-2023
Webb-site first blew the whistle about this wrong-doing back in 2012. It took the SFC until 2019 to bring this action. In our view, It was and is too little, too late.
HKICPA bans Mr Wong Tam Yee (fka Wong Sin Lai/Lei) for 2 years
HKICPA, 30-Jul-2020
SFC action is too little, too late for minority shareholders of Luxey (8041)
The SFC seeks disqualification of 2 ex-directors, but fails to seek any recovery of Luxey's HK$350m, 7-fold overpayment in an acquisition from an alleged nominee of then Chairman Joseph Lau. We first documented this case and numerous other suspicious transactions involving Luxey and other listed companies in a series of articles in 2012. This is the only one to see any action, and it falls far short of what is needed to provide a deterrent. (14-Apr-2019)
Wong Tam Yee (fka Wong Sin Lai/Lei) v Huge Leader Holdings Ltd & others
Eastern Caribbean Supreme Court, 17-Oct-2016
Excel Courage Holdings Ltd & another v Wong Sin Lai/Lei (fka Wong Tam Yee) & others
HK Court of First Instance, 26-Feb-2016
Para 118: "This leaves the clear impression of there being someone other than Mr Sin controlling matters on behalf of Huge Leader or Excel who is not willing to make themselves or their capacity known to the court for the purpose of these proceedings."
Excel Courage Holdings Ltd & another v Wong Sin Lai/Lei (fka Wong Tam Yee) & others
HK Court of First Instance, 16-Nov-2015
Excel Courage Holdings Ltd & another v Wong Sin Lai/Lei (fka Wong Tam Yee) & others
HK Court of First Instance, 25-Aug-2015
Joseph Lau Chi Yuen v Peter Ho Pui Tsun
HK Court of First Instance, 12-May-2015
"There is absolutely no merit in his application. It strikes me as a cynical effort to attempt to postpone the inevitable enforcement of the debt against him by way of bankruptcy proceedings" - says Justice Conrad Seagroatt of defendant Peter Ho Pui Tsun.
Excel Courage Holdings Ltd & another v Wong Sin Lai/Lei (fka Wong Tam Yee) & others
HK Court of First Instance, 15-Dec-2014
Excel Courage Holdings Ltd & another v Wong Sin Lai/Lei (fka Wong Tam Yee) & others
HK Court of First Instance, 14-Aug-2014
Excel Courage Holdings Ltd & another v Wong Sin Lai/Lei (fka Wong Tam Yee) & others
HK Court of Appeal, 30-May-2014
Para 4: "[Hung Ka Leung] is a business man who has been investing in the property and stock market in Hong Kong. He comes from a well-off family and his father is a person of influence in Xiamen, China."
Joseph Lau Chi Yuen v Peter Ho Pui Tsun
HK Court of First Instance, 13-Jan-2014
Regarding shares in CIL Holdings Ltd (0479).
Raking muck, Part 6
Concluding our hexalogy, we look at a recent deal by COMG (0254). Existing shareholders were diluted to 2.54% in an acquisition valued at HK$1242m for a business which would need capital of HK$3.6m. We estimate that the vendor has already cashed in about $1812m by selling convertible bonds and shares. We also look at what comes next for COMG, and some unfinished business for the authorities. (11-Mar-2012)
Raking muck, Part 3
We now connect Joseph Lau to Executive Talent, and focus on a series of dubious transactions by Hycomm and the bubble in its stock while it did the coal mine hokey cokey, from which bubble Joseph Lau has profited hugely. We also look at the creation of Inno-Tech and the youngest infant mortality on GEM, Codebank. (5-Mar-2012)
Raking muck, Part 2
Continuing our series, we look at a set of over-priced acquisitions and questionable transactions by China Post e-Commerce and others, building a matrix which demonstrates the close connections between the persons involved. We call on the SFC to investigate. (27-Feb-2012)
Shaanxi Northwest (8258) grants 2-year options over 46m H-shares @$0.25 to Joseph Lau Chi Yuen
Company announcement, 23-Nov-2011
For no good reason and receiving only $180k for the options or $0.0039 per share.
Intcera High Tech (8041) controller grants options to Galaxy Asset Management (H.K.) Ltd and Provenance Place Co Ltd
Company announcement, 26-May-2009
The grantor is owned by Joseph Lau Chi Yuen. It doesn't say who owns Galaxy or Provenance Place, but a subsequent disclosure of interests shows that Provenance Place is owned by Eric Chan Man Hon. Galaxy is owned by Joe Chan Man Fai, Eric Chan's brother, so the two grantees are related.
eCyberChina (0254) shares resumes trading after 4 years
Company announcement, 5-Oct-2007
After the 30:1 open offer to recapitalise the company, there are 4 placees arranged by the underwriter, who are said to be mutually independent and have no intention to join the board. 29.53% goes to Joseph Lau Chi Yuen, 11.25% to "Vicky Yu", 9.99% to "Frankie Ma" and 4.97% to Wu Ka Cheung, a total of 55.74%. Mr Lau joined the board as CEO 53 days later.
Joseph Lau Chi Yuen subscribes HK$35.42m for 75% of Intcera (8041)
Company announcement, 24-Sep-2007
Wo Kee Hong (0720) buys 10% of Corning Investments Ltd for HK$36mCircular
Company announcement, 15-Aug-2007
Payable in shares at $1.1514 each. The loss-making target has net liabilities of $0.6m but the deal values it at $360m.

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