Monday 14th September 2009 - 2nd edition
Something to read while the typhoon passes by...
Tiangong INED's bogus degrees
The Audit Committee Chairman of high-speed steel maker Tiangong (0826), claims a hat-trick of bogus degrees, including one which listing sponsor BNP Paribas should have spotted in due diligence.
Neo-Neon CEO's bogus
LED-lighting maker Neo-Neon (1868) appoints a new CEO with a bogus doctorate from a non-existent UK University
HKEx rights issue & open offer proposals (7-Sep-09)
We need your help! HKEx proposes to change the rules on open offers and rights issues. Some of the changes are against investor interests. HKEx also fails to propose a limit on open offer discounts or to bring the treatment of unsubscribed entitlements up to international standards. Give us your opinions!
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