The Eastern Magistrates’ Court adjourned the false trading case against Mr. Lin Tai Fung and Mr. Or Chun Nin to 15 May 2025 for mention. The defendants, who were charged with conspiracy to commit false trading in shares of Pa Shun International Holdings Limited and failure to disclose interest in the shares, were granted bail pending the next hearing.
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On March 20, 2025, the Eastern Magistrates’ Court adjourned the false trading case against Mr. Lin Tai Fung and his brother-in-law, Mr. Or Chun Nin, to May 15, 2025, for mention. The defendants were charged with conspiracy to commit false trading in the shares of Pa Shun International Holdings Limited (Pa Shun), with Lin also charged with failing to disclose his interest in the shares of Pa Shun. The proceedings were initiated by the Securities and Futures Commission ("SFC"). No plea was taken from the defendants at the hearing. Bail has been granted to Lin and Or pending the next hearing, subject to the following conditions: a cash bail of $20,000 and a surety of $50,000.
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