HK: Paul Suen Fined HK$900,000

The Market Misconduct Tribunal sanctioned Paul Suen Cho Hung along with five fellow former directors of CMBC Capital Holdings Ltd on Friday for insider trading. At the hearing held last week, Suen admitted negligent conduct that resulted in CMBC Capital’s breach of requirements of the corporate disclosure regime and was fined HK$900,000.

BIH: TTA to Loan More Money

Birmingham International Holdings today announced to the stock exchange that an agreement has been reached with majority shareholder Trillion Trophy Asia for a HK$250million (approx £26million) loan facility.