Date

Company / Name

Breach Conduct

Disciplinary Actions


20 April 2017

  • Mr Gao Yun Chun, former independent non-executive director of Global Sweeteners Holdings Limited

  • Director’s Undertaking (Form B)

  • Director’s failure to cooperate in the Exchange’s investigation.

REGULATORY MESSAGE:

A director must provide true, complete, accurate and up-to-date particulars in his Declaration and Undertaking given to the Exchange. Failure to do so may lead to the director not being alerted to the service of documents, notice and/or disciplinary proceedings on him.

A director’s compliance with his Declaration and Undertaking to cooperate in the Exchange’s investigation into possible Exchange Listing Rule breaches is of utmost importance in enabling the Exchange to discharge its function to maintain and regulate an orderly market.


SANCTIONS:


Public Censure of

  • Mr Gao Yun Chun

with a statement that Mr Gao’s conduct in this matter would be taken into account in assessing his suitability under Rule 3.09 of the Exchange Listing Rules in the event that he should wish to become a director of another issuer in the future.


NEWS RELEASE:

http://www.hkex.com.hk/eng/newsconsul/hkexnews/2017/170420news.htm