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ZHIDAO INTERNATIONAL (HOLDINGS) LIMITED
Former Ocean Grand chairman, sister jailed for fraud
RTHK, 8-Oct-2010 ...and are hereby inducted into the Webb-site Hall of Shame. We note that Yip Kim Po was appointed as a Justice of the Peace just 23 days before the companies imploded, and is still listed as a JP, so perhaps he can visit himself in jail.
Ocean Grand boss cleared of fraud
HK Standard, 20-Mar-2009 ...but still faces charges of theft and money-laundering
Bob Bunker runs for HKEx Board
Webb-site.com is pleased to announce that Bob Bunker has accepted a nomination to run in the contest for election as a director of HKEx. Two board seats are available. We recommend shareholders vote in favour of Mr Bunker and incumbent director Mr Bill Kwok Chi-piu, and against all other candidates. We also update you on the Ocean Grand case. (31-Mar-2008)
Ocean Grand's Shipwreck
By popular request, we give our comments on the Ocean Grand debacle. The warning signs of bad governance or worse were there for years, but few picked up on them. We conduct a detailed autopsy, and find plenty of material for regulators and police investigators to get their teeth into. We also look at the characters involved with the companies and what this says about the state of battle for shareholder rights in HK. (31-Jul-2006)
Provisional liquidation, RMB842m discrepancy in bank balances, litigation, both INEDs uncontactable
Company announcement, 24-Jul-2006
Vincent Marshall Lee Kwan-ho resigns as INED and Chairman of Audit Committee for "personal reasons"
Company announcement, 24-Jul-2006
SFC launches s179 inquiry into Ocean Grand Holdings Ltd and Ocean Grand Chemicals Holdings Ltd
SFC, 24-Jul-2006
Financial controller of subsidiary goes missing; potential irregularities in accounting records
Company announcement, 11-Jul-2006 |
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