Former Vice President of Computershare sentenced to two months in jail and fined $289,500 for insider dealing in ENM Holdings shares.
This article was generated using SAMS, an AI technology by Timothy Loh LLP.
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On December 18, 2025, Mr. Choi Chun Wai, the former Vice President of Computershare Hong Kong Investor Services Limited, was sentenced to two months' imprisonment by the Eastern Magistrates' Courts for insider dealing in the shares of ENM Holdings Limited. Choi was ordered to pay a fine equivalent to the avoided losses of $289,500, and to cover the investigation costs of $120,407 incurred by the Securities and Futures Commission.
The Court learned that during his employment at Computershare, Choi gained non-public information about ENM’s privatization and sold 1.5 million ENM shares on September 25, 2023, before the announcement of the lapse of the privatization. This transaction allowed Choi to avoid potential losses amounting to approximately $289,500.
In passing sentence, the Court recognized Choi's remorse but emphasized that insider dealing is a grave offense warranting immediate custodial punishment in such cases.
The SFC's Executive Director of Enforcement, Mr. Michael Duignan, underscored the agency's commitment to combating insider dealing and upholding the integrity of Hong Kong's financial markets. The immediate jail sentence underscores the SFC's resolve to deter such misconduct among market professionals and protect investors.
Computershare is a global leader in share registration and investor services. ENM, listed on the Main Board of the Stock Exchange of Hong Kong Limited since 1972, remains a significant entity in the market. Detailed information on the SFC's press release and updates are available on the SFC's website and press materials dated December 4, 2025. The page was last updated on December 18, 2025.
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