Huang's Wife Sentenced To More Than 1.6 Billion Fraud Anshou Continue To Freeze The Assets -

Announced that the maintenance of frozen

Announced that the maintenance of frozen

GOME Electrical Appliances Former Chairman, majority shareholder value of 1.655 billion under the name Wong Kwong Yu couples dollar assets, but if the Hong Kong SFC requirements

States United States Fell, the court may order make up the difference for the court were not supported.

Freeze for the maximum amount in the history of Hong Kong

8 4, Hong Kong Securities and Futures Commission to submit their applications to the Hong Kong High Court, on suspicion of "securities fraud or deception activities" as an excuse to freeze Huang Guangyu, the control of Rhododendron couples and their holding companies Yiu crown, brilliant value of the Group 16.55 billion in assets.

Commission, said his wife, Huang Guangyu of GOME Electrical Appliances cuckoo in 2008 with funds, repurchase originally held by the Gome Huang Guangyu of shares, then sell the shares by the proceeds to repay a sum of 2,400,000,000 Hong Kong dollar personal loan. The SFC believes that the repurchase of shares on the GOME negative impact on the financial situation, also runs counter to the interests of the shareholders of GOME and GOME and its shareholders, leading to the loss of about 16 million. Commission requested the Hong Kong High Court revoked the day of repurchase operations, and compensation for shareholders. August 5, freeze the assets of the Hong Kong SFC for provisional allowed. As requested, Huang Guangyu's wife and two control companies will take in the morning of September 8 the first hearing.

Case history for the Hong Kong Securities and Futures Commission to freeze the assets of the maximum amount of time involved.

Make up the difference between the programs is not supported

Yesterday (September 8) of the hearing from 9:30 am, lasting for 3 hours. As the first, the second defendant's Huang Guangyu and lawyers attended the cuckoo did not send representatives, third, fourth defendant, Yiu Crown Holdings, brilliant group, attended by the Solicitor Pan Songhui.

Addition to freezing assets, the focus of this hearing is whether the United States to countries in which the share price fluctuations into account. Hong Kong Securities and Futures Commission that the application for a temporary freeze was the third and fourth defendants assets, shares held by the country the United States, because the share price may fall, leading to the freezing of assets declined. Therefore the Commission recommends shrinking part of the assets, the court may order that make up the difference between.

Court, the High Court upheld the 1.655 billion Hong Kong dollar assets freezing order, but after a debate on the Commission "if the stock price volatility and restore balance" is rejected. Judge court has no power to do so, had no precedent.

States U.S. stock performance relative calm

Than after the company stock price volatility, the performance of Gome's share price yesterday, slightly quiet. H-shares listed Gome shares fell 1.79 percent the day, closing at 2.19 Hong Kong dollars. In early August of this year, Huang Guangyu couples 1.655 billion Hong Kong dollar assets were frozen after the news broke, the country the day the U.S. stock sold-off single-day decline once up to 9.34%.

Began in November last year, Huang Guangyu alleged economic crimes by Beijing police custody, then his wife was under house cuckoo. At present, Gome Huang Guangyu still holding 34% of the shares.

by: gaga

POST COMMENT

Support Pantyhose: How Helpful They Are For The Working Woman Can I Ever Win My Cheating Wife Back by Cheating on Her? Rhinestone Jewelery A Unique Gift For The Lady How To Save My Marriage - Serious Inquiries Only, Please! Finding a Korean Woman Coping With Marriage After The Affair - Three Important Things To Remember How To Get Fuller Lips Discover Ab Workouts Designed For Women My favorite way to approach women Without Being Rejected Filipino Girls In San Diego, CA, USA – Are They Different From The Ladies In The Philippines? Star tattoo design | Star tattoo design for women Barbara Lesser - Women's Casual Dresses Hottest Ways to Keep Your Wife From Cheating