Exchange criticises Smart Union

PUBLISHED : Friday, 18 February, 2011, 12:00am
UPDATED : Friday, 18 February, 2011, 12:00am

The listing committee of the Hong Kong stock exchange has criticised Smart Union Group (Holdings), its executive directors Wu Kam-bun, Ho Wai-wah and Wong Wai-chuen, and former executive director Lo Kwok-choi, for breaching listing rules. The committee said they failed to make timely disclosure on the investment company and toymaker's debt and labour problems.