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Court sets preliminary trial date for insider dealing case against Wong Pak Ming

Jun 6, 2025
Latest News SFC Court sets preliminary trial date for insider dealing case against Wong Pak Ming

On June 5, 2025, the Eastern Magistrates’ Court set a preliminary trial date for Wong Pak Ming's insider dealing case beginning on November 24, 2025. The case was adjourned to August 25, 2025 for mention and pre-trial review.

This article was generated using SAMS, an AI technology by Timothy Loh LLP.

On June 5, 2025, the Eastern Magistrates’ Court established an initial trial date for the case against Wong Pak Ming, who is charged with insider dealing. The trial has been rescheduled to commence on November 24, 2025, after an interim hearing on August 25, 2025, for a pre-trial review.

Wong Pak Ming is facing charges of insider dealing involving the shares of Transmit Entertainment Limited (formerly known as Pegasus Entertainment Holdings Limited). The allegations involve his advice to another individual to trade in shares from August 25 to October 17, 2017, while he was the chairman and controlling shareholder of Pegasus, exploiting inside information that was not publicly disclosed.

Wong Pak Ming's bail conditions were extended until the next court hearing. The bail terms include a cash deposit of $200,000, residing at the designated address, reporting any changes of residence to the police, and informing the Securities and Futures Commission ("SFC") 24 hours before leaving Hong Kong.

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