Former Billion International Holdings boss Simon Chan Ying-ming, hit by a wave of litigation, yesterday criticised the stock exchange's move to contact him through a public statement.
On Monday the stock exchange urged Chan to contact the regulator as 'a matter of urgency' after they had attempted to reach him several times.
He defended himself yesterday, saying: 'It is very unfair to me as I am no longer involved in any listed companies. The statement sounds like I am a much-wanted man.
'The SFC [Securities and Futures Commission] has been able to get hold of me so I don't see why the stock exchange can't.' The stock exchange is understood to have queries over a potential deal between Chan and a listing candidate.
'My assets are being frozen by thousands of injunctions. How can I do the deal? I don't know why the stock exchange is calling on me when I haven't signed any agreements yet,' he said.
He said he had rung the stock exchange yesterday and left his contact number and address.
