Tuesday 6th October 2009

Dear Reader,

NEW ARTICLE
SDI breaches go dark at SFC
The SFC has quietly stopped disclosing details of successful prosecutions for failure to disclose shareholdings, including the name of the offender and the company involved. This is important information for investors, and we urge them to reinstate it. We also look at its questionable and inconsistent policy of redacting names from historic press releases.

RECENT ARTICLES
Submission to HKEx on Rights Issues and Open Offers (30-Sep-09)
Thanks to readers who participated in the poll. Here is our analysis of the results, which we have submitted to HKEx today.

The UURG to Purge (25-Sep-09)
We look at the history of UURG (8192), currently controlled by battle-of-wills feng shui man Tony Chan Chun Chuen, and warn investors about the bubble surrounding the stock, which is trading at 191 times diluted NAV.

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