On January 23, 2025, the Securities and Futures Commission ("SFC") filed criminal charges against Mr. Lin Tai Fung and his brother-in-law, Mr. Or Chun Nin, for alleged false trading and failure to disclose changes in interest in Pa Shun International Holdings Limited (Pa Shun) shares. The case was adjourned to March 20, 2025, and both defendants were granted bail.
This article was generated using SAMS, an AI technology by Timothy Loh LLP.
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On January 23, 2025, the Securities and Futures Commission ("SFC") initiated criminal proceedings at the Eastern Magistrates’ Court against Mr. Lin Tai Fung and his brother-in-law, Mr. Or Chun Nin, for alleged false trading in the shares of Pa Shun International Holdings Limited (Pa Shun) from April 9, 2017, to March 7, 2018 (Notes 1 and 2).
Lin Tai Fung was additionally charged with eight counts of failing to notify The Stock Exchange of Hong Kong Limited of changes in his interest in Pa Shun shares between June 2, 2017, and March 14, 2018 (Note 3).
The defendants did not enter a plea, and the case was adjourned until March 20, 2025, for a mention date, following their application for an adjournment to obtain legal advice. The Court granted bail to both defendants, subject to the conditions of a $20,000 cash bail and a $50,000 surety for each.
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