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  1. Company law faces full rewrite

    Posted May 24th 2004, 12:00am by Jane Moir

    ... Jane Moir Government tries again to update the ordinance after an earlier review failed The government is planning another attempt to overhaul the archaic Companies Ordinance after ... provisions have been removed from its companies ordinance and put into separate legislation. 'The ordinance is a huge beast, it covers an extraordinary range of things.' Another lawyer ...

  2. Shanghai company established for expo

    Posted Jan 06th 2004, 12:00am by Bill Savadove

    ... Bill Savadove in Shanghai Shanghai yesterday formally set up a company aimed at developing the site for the 2010 World Expo. The move comes as the city starts to prepare ... under the local government's Shanghai World Expo Co-ordination Bureau, officials said. The government also set up a new agency- the Shanghai World Expo Land Reserve Centre- to work ...

  3. Reducing noise a priority for company

    Posted Dec 21st 2004, 12:00am by Staff Reporter

    ... in planning the new extension. The company was now considering additional solutions in areas exposed to higher noise after some Ma On Shan residents living near the railway said the trains were generating more noise than they were used to. The KCRC said noise control had been implemented according to the parameters set in the Technical Memorandum of the Noise Control Ordinance. Acting chief ...

  4. Watchdog for private companies?

    Posted Jan 24th 2004, 12:00am by Staff Reporter

    ... whether they are watchdogs, guard dogs or lap dogs- and they need feeding as well. The main positive claimed in this proposal to regulate private companies is promotion of improved 'corporate governance' for the benefit of 'stakeholders, bankers, creditors, and suppliers'. Help in enforcing the Companies Ordinance against unspecified, and possibly non-existent, breaches is also ...

  5. Company boss charged over missing $20.8m

    Posted Nov 25th 2004, 12:00am by Staff Reporter

    ... for allegedly misappropriating $20.8 million in corporate funds. Wong Chor-wo, who is chairman of the company, faces seven charges of theft involving cheques drawn on the bank accounts of subsidiary ... alleged that the chairman of a listed company might have bribed other people to become involved in the misappropriation of corporate funds and assets. Mr Wong, 53, also faces a charge of knowingly ...

  6. SFC digging deeper into misconduct as it probes six companies

    Posted Oct 15th 2004, 12:00am by Enoch Yiu

    ... of Interests) Ordinance. Wong did not report his holding of 1.9 million shares in the company within five days of being appointed as director of the listed company on October 16, 2002, nor the sale ... is digging deeper into suspicious transactions related to listed companies,' Eric Cheng, the commission's senior director of surveillance and enforcement, wrote in its monthly investor ...

  7. ICAC seeks information from law company

    Posted Aug 20th 2004, 12:00am by Peter Michael

    ... refused to comment yesterday on the investigation into alleged serious offences including violation of the Witness Protection Ordinance and conspiracy to pervert public justice. ...

  8. Phone companies fined over adverts

    Posted Jul 22nd 2004, 12:00am by Simon Parry

    ... Simon Parry Wharf T&T and HKBN pay $120,000 for misleading claims over cost of plans Two of Hong Kong's major phone companies have been fined a total of $120,000 for putting out ... by the Office of the Telecommunications Authority (Ofta) amid a climate of increasingly fierce competition between rival phone companies for residential and business phone services. Wharf T&T drew ...

  9. Online travel company eLong has grand plans for the mainland

    Posted Nov 20th 2004, 12:00am by Staff Reporter

    ... E-commerce travel companies Ctrip and eLong have built internet portals, combining them with traditional telephone sales, to tap the growing domestic travel market. Both firms have tapped western ... are usually co-ordinated through the national tourist agency. Instead, either by telephone or online, eLong arranges discount hotel rooms and airline seats. In future, it will buy inventory ...

  10. 59 convictions for polluting recorded

    Posted Jul 20th 2004, 12:00am by Judy Ngao

    ... of the convictions were under the Air Pollution Control Ordinance, 15 under the Waste Disposal Ordinance, 13 under the Noise Control Ordinance and two were under the Water Pollution Control Ordinance. The heaviest fine in June was $40,000 for a company that used mechanical equipment without a valid construction noise permit. ...




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