News

Professional Services/Legal

Staff Reporter

, Hong Kong

Published:

3 days ago

Photo by Sora Shimazaki from Pexels

Gov’t sets trial dates for three firms charged with conspiracy to defraud

The trial dates were fixed after all 19 defendants pleaded not guilty.

The District Court trial of three companies—Eggriculture Foods Limited, Fullwealth Construction Holdings Company Limited and KNT Holdings Limited—will begin on 13 July 2026, 30 November 2026 and 6 April 2027, respectively.

The trial dates were fixed after all 19 defendants pleaded not guilty to suspected securities-related fraud and money laundering charges.

The defendants were charged with conspiracy to defraud and conspiracy to employ a scheme with intent to defraud or deceive in securities transactions under common law offences.

Bail was granted to each defendant, subject to these conditions: cash and sureties ranging from $50,000 to $1m, a travel ban from Hong Kong, surrender of travel documents, regular reporting to the police, and adherence to their reported residential address.

Also Read

SFC fines Enlighten Securities $5m over internal control failures

Bill expanding Therapy access to be Gazetted on 21 March

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

Comba Telecom suffers $564m net loss in FY2024

The decrease was attributed to the decline in revenue and gross profit.

Telecom & Internet

23 hours ago

Southa's new whitepaper seeks to reduce Hong Kong buildings’ carbon footprint

Buildings are responsible for 60% of the city’s carbon emissions.

Building & Engineering

23 hours ago

Lands Department launches 3D map of Hong Kong Island

The map covers around 122,000 buildings and about 3,300 infrastructure facilities.

1 day ago

Cathay Pacific increases flight frequencies in Mainland

The airline will focus on the Beijing-Tianjin-Hebei and Yangtze River Delta regions.

Aviation

1 day ago

Exclusives

More non-toy retailers use blind boxes to boost sales

Travel, food and beverage, and fashion can also benefit from a little bit of excitement.

Retail

3 days ago

Luxury brands flock to Lifestyle’s first mall tower in Kai Tak

The mall has achieved over 95% occupancy since its launch in November 2024.

Commercial Retail

3 days ago

HSBC’s Yvonne Yiu on why the future of payments is instant

She credits her propensity to ask questions for becoming one of HSBC’s top leaders.

4 days ago

BEA’s Ivy Chan on managing banking risks, trade war shifts

She never saw her banking job as one with a bias for either men or women.

4 days ago

Event News

Co-Written / Partner Deloitte Partner Matthieu Lambert: Visionary thinking and practical execution crucial for technological advancement

Asia Pacific's diverse technological landscape requires a strategic balance of robust infrastructure, AI-ready workforce, and regulatory adaptability.