Friday 18th September 2009

Dear Reader,

Still no announcements from Neo-Neon or Tiangong regarding those bogus degrees...

NEW ARTICLE
A 100% margin loan
A HK-listed company makes a margin loan of up to 100% of the value of a portfolio held by an anonymous BVI company. Not on commercial terms, but fully compliant with HKEx's lax disclosure rules.

RECENT ARTICLES
Tiangong INED's bogus degrees
The Audit Committee Chairman of high-speed steel maker Tiangong (0826), claims a hat-trick of bogus degrees, including one which listing sponsor BNP Paribas should have spotted in due diligence.

Neo-Neon CEO's bogus degree
LED-lighting maker Neo-Neon (1868) appoints a new CEO with a bogus doctorate from a non-existent UK University

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