Siu, Jimmy (1978) 蕭俊武

HKICPA fines Jimmy Siu, Yip Kai Yin and Elite Partners CPA Ltd HK$500k jointly
HKICPA, 15-Jun-2022
For bad work on the 2017 audit of L & A (now Legendary Group, 8195). This is the 7th fine for Elite since 2015, the 6th for Mr Yip since 2013, and the 3rd for Mr Siu since 2020.
Jimmy Siu and Yip Kai Yin of Elite Partners CPA Ltd fined HK$300k + $200k costs
HKICPA, 24-Jun-2021
For bad audit work. We can tell you that the unnamed listed company involved was China Zenith Chemical, now named Xinyang Maojian (0362).
HKICPA fines Elite Partners CPA Ltd (again) and William Chan Wai Nam and Jimmy Siu
HKICPA, 14-Jan-2020
This relates to the valuation of an option granted to China Finance Investment (0875) to require a third party to subscribe a convertible bond. We note that the option was valued at HK$215m in the 2015 accounts, or 64% of net tangible assets. It expired without being exercised and was written off in the next year's accounts. Chan, Siu and Elite are fined $35k, $20k and $50k. The audit fee for 2015 was $550k plus $350k for other services.

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