The Eastern Magistrates’ Courts has adjourned the sentencing of Lin Tai Fung and Or Chun Nin, convicted of false trading, to 8 July 2025. Lin also pleaded guilty to failing to disclose changes in his shareholding level. They were granted bail with conditions.
This article was generated using SAMS, an AI technology by Timothy Loh LLP.
On June 11, 2025, the Eastern Magistrates' Courts instructed suitability reports on community service orders for Mr. Lin Tai Fung and his brother-in-law, Mr. Or Chun Nin, who were convicted of conspiracy to engage in false trading of shares in Pa Shun International Holdings Limited. This period spanned from April 9, 2017, to March 7, 2018, in a case prosecuted by the Securities and Futures Commission ("SFC"). Their sentencing has been postponed until July 8, 2025.
Lin's conviction also included a charge of failing to disclose changes in his shareholding of Pa Shun shares to The Stock Exchange of Hong Kong Limited. Both defendants were released on bail with conditions, including a cash deposit of $20,000 and a surety of $50,000.
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