Tuesday, October 6, 2009

GP Nano from IPO to flames in 2 ears

Criminal charges.. where?

Ban on directorships for two former GP Nano executives

The former chairman of defunct GP Nano Technology Group, Fung Chiu, and former executive director Lian En-sheng were banned by the High Court yesterday from being directors of any company for seven and six years respectively. The pair were accused by the Securities and Futures Commission of giving misleading information about transactions involving GP Nano. The company listed in July 2001, but its shares were suspended from trading two years later. It was eventually delisted in June 2005 and wound up three months later. Enoch Yiu

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