DISGRACED former legislator Tai Chin-wah has been asked to distance himself from his family-run listed company, Gold-Face Enterprises. Gold-Face issued 150 million shares at $1.02 each and the shares will commence trading on Friday. In the company's prospectus it is stated that he resigned as a director of Gold-Face on July 28 and no longer has any influence over its financial operations and decisions. The clarification was made on the request of the stock exchange, said Tai Chi-wah, the managing director of Gold-Face and brother of the former legislator. ''He [Tai Chin-wah] can be a company director, but cannot be a director of a public company,'' Mr Tai said. In addition, consent from the exchange will be sought if the former legislator is to be employed by the company in the future, according to the prospectus. Mr Tai explained that according to the Companies Ordinance, his brother was not able to be a director of listed companies because of his criminal record. In March, he was sentenced to six months in prison for possessing forged documents and making a false declaration about his legal credentials. He was released at the beginning of last month. Through a family trust, he has shareholdings in the company, but no other information was disclosed. According to the prospectus, he had been a director of a number of companies in the Tai family business since the 1980s. It was stated that he had no specific role as a director but the legal firm in which he was then a partner provided legal services for the group. His role in the company was further clarified when it was that stated as a director he had no power over other board members. He also had no power to exercise significant influence over those subsidiaries of the group in the making of financial and operational decisions. After his resignation he will not be involved in the business operations and management of the group. The directors of Gold-Face regard his resignation as having no significant impact on the operations and management of the group.