• <abbr id="ck0wi"><source id="ck0wi"></source></abbr>
    <li id="ck0wi"></li>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li><button id="ck0wi"><input id="ck0wi"></input></button>
  • <abbr id="ck0wi"></abbr>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li>
  • Home >

    Busen Asset Restructuring Suspected Of Fraud Case Finally Settled

    2016/4/26 22:39:00 36

    BusenFraud CasesSecurities Laws And Regulations

    Hong Wah agriculture,

    Busen

    Share assets reorganization suspected performance

    Fraud case

    Finally settled.

    In April 22nd, the SFC made administrative penalties for 6 cases, which disclosed the administrative penalty decision for Hong Wah agriculture and Busen shares.

    Because of malicious fraud and false information disclosure in major asset reorganization, Hong Wah agriculture was ordered to make corrections by the SFC, giving warnings and fined 600 thousand yuan at the top level.

    More than one responsible person was punished.

    Busen shares were also punished 300 thousand yuan, the responsible person was fined.

     Three

    Hong Wah agriculture half assets fictitious

    In August 12, 2014, the major asset restructuring report (Draft) issued by Busen shares revealed that there were false records of the main data of Hong Wah's agriculture, which was published during the period from 2011 to April 30, 2014 (referred to as the "reporting period").

    Hong Wah agriculture had planned to borrow $4 billion 200 million from Busen.

    On the evening of February 29, 2016, Busen shares announcement received the "administrative penalty decision" of the SFC.

    During the reporting period, Hong Wah's agriculture increased 200 million yuan, 340 million yuan, 470 million yuan and 500 million yuan respectively, accounting for about 50% of its total assets during the reporting period.

    It means that half of Hong Wah's agriculture is fictitious.

    In addition, Hong Wah agriculture still has the situation of inflated revenue.

    During the reporting period, Hong Wah's gross agricultural revenue increased to 600 million yuan.

    The inflated revenue accounts for 35% to 44% of the current period's disclosure.

    In September 15, 2014, Hong Wah's agriculture 130 thousand Mu "land pfer" survey, reporters visited many places in Guangxi, field investigation found that Hong Wah Agriculture published "130 thousand acres of land pfer" data is not true, there is exaggerated suspicion.

    On October 27, 2014, Busen announced that the SFC requested the company to make written explanations and explanations on related issues and submit written reply within 30 working days.

    A month later, Busen shares announced the termination of the reorganization of assets based on the differences between Busen group and Hong Wah agriculture and shareholders.

    The securities and Futures Commission said Busen shares disclosed a false record in the process of major asset restructuring with Hong Wah, violating the relevant

    Securities regulations

    The SFC ordered Busen to make corrections, give a warning, impose a fine of 300 thousand yuan, and give a warning to Wang Jianjun, chairman of Busen shares, and Dong Fan hung Lei, and impose a fine of 50 thousand yuan and 30 thousand yuan respectively.

    Warnings were given to the remaining 7 directors of Busen stock.

    Yesterday evening, the announcement of Busen shares continued to be suspended. It is expected that the relevant documents of the major asset reorganization will be disclosed later than July 1, 2016 and applicant company shares will resume trading.

    600 thousand yuan is already "top penalty".

    Compared with the four yuan in the past 1 billion 510 million years, the assets and operating income of 1 billion 510 million yuan, 600 million yuan, the Commission's 600 thousand yuan fine for Hong Wah's agriculture is considered "too light".

    "600 thousand yuan is already the" Securities Law "for the false statement of the top penalty.

    Compared with the amount of money involved in misrepresentation, the cost of such a punishment is almost zero.

    Liu Guohua, director of the well-known securities rights lawyer and Guangdong Ben Ben law firm, said.

    Liu Guohua said that for many years, the penalties for false statements in the securities law were all the same. The company imposed a fine of 600 thousand yuan on the top level and 300 thousand yuan on the top of the relevant personnel. An illegal listed company generally accumulated a maximum penalty of about one million yuan, compared with the amount of the false statement.

    Therefore, when modifying the securities law, we need to increase penalties for false statements.

    According to media reports earlier, in the past three years, a total of 35 companies involved in financial fraud and administrative penalties by the SFC, of which 32 companies were fined not more than 600 thousand yuan.

    • Related reading

    China'S Cotton Production Policy Has Gained A Lot Of Competitiveness.

    policies and regulations
    |
    2016/4/26 15:12:00
    38

    State Council: Launching Quality Improvement Actions For Domestic Consumer Goods

    policies and regulations
    |
    2016/4/22 10:25:00
    28

    Let'S Talk About The New Opportunities Under The "One Belt And One Road": Where Is The Dividend?

    policies and regulations
    |
    2016/4/22 9:30:00
    26

    Customs Issued "Pitional Policy" Cross Border Electricity Providers To Plan Well

    policies and regulations
    |
    2016/4/20 20:37:00
    25

    China Will Implement Tax Policy On Cross-Border Electricity Retail Import

    policies and regulations
    |
    2016/4/18 16:18:00
    64
    Read the next article

    In The Workplace, You Have To Learn To Say "No" Beautifully.

    No matter how busy you are, please listen attentively to each other's aspirations, and do not appear to be absent minded. Otherwise, you will only make the other person more angry. We should not only hear what the other person is talking about, but also listen to the feelings of the other person.

    主站蜘蛛池模板: 亚洲一区在线免费观看| 国产精品手机视频一区二区| 啊~嗯~轻点~啊~用力村妇| 又大又黄又粗又爽的免费视频| 亚洲jjzzjjzz在线观看| 色www永久免费网站| 欧美性生活网址| 国产精品爽爽影院在线| 亚洲国产精品无码久久久| runaway韩国动漫全集在线| 看了流水的小说| 成全高清视频免费观看| 啊用力嗯快国产在线观看| 一本大道香蕉最新在线视频 | 苍井空浴缸大战猛男120分钟| 日本视频在线观看免费| 国产男女猛烈无遮挡免费视频| 亚洲美女黄视频| 一级一看免费完整版毛片| 真正国产乱子伦高清对白| 天天影视综合网色综合国产| 亚洲精品亚洲人成在线观看| 91在线视频一区| 污污视频免费看| 国产精品区一区二区三| 九月婷婷综合婷婷| jjzz日本护士| 欧美成人免费在线| 在线va无码中文字幕| 亚洲国产欧美91| 黄色一级视频网| 日韩精品极品视频在线观看免费| 国产精品中文字幕在线| 久久精品国产99国产精品亚洲 | 香蕉视频网页版| 手机看片久久国产免费| 国产乱码精品一区二区三区四川人| 亚洲AV最新在线观看网址| 91精品久久久久久久久久小网站| 欧美成人aaa大片| 国产成a人片在线观看视频下载 |