Group 1 - The Hong Kong Securities and Futures Commission (SFC) is seeking disqualification orders against four former directors of China Oil Hong Kong Limited (formerly known as China Oil Hong Kong Fuel Group Holdings Limited) due to their failure to properly supervise the company's major operating subsidiaries in mainland China [1] - The four individuals involved are former executive directors Ho Chun Kit and Cheng Kin Pong, as well as independent non-executive directors Yang Yuan Jing and Liu Chong Da [1] - The SFC's investigation revealed that the company lost control over four key operating subsidiaries in mainland China, leading to a significant financial loss of HKD 184 million for the fiscal year ending March 31, 2019, as the company ceased to consolidate these subsidiaries from January 1, 2019 [1] Group 2 - China Oil Hong Kong Limited was listed on the Hong Kong Stock Exchange's Growth Enterprise Market on May 18, 2011, and primarily engages in the trading of refined oil and methyl tert-butyl ether, as well as the manufacturing and sale of power and data cables [2]
香港证监会寻求法庭颁令取消百能国际能源四名前董事的资格