Shenzhen property tycoon Wang Zheng's appearance at ATV's Tai Po headquarters on Monday does not mean he will become the station's boss any time soon. ATV shareholder Tsai Eng-meng yesterday had issues over the confusing status of Wang at the station, according to a person close to the Taiwanese snack tycoon. The person could not comment on Wang's position at the station, despite the Shenzhen businessman having already appointing four relatives to ATV's board. The person says the interim injunction stopping Payson Cha Mou-sing and brother Johnson Cha Mou-daid from selling their ATV stakes is effective until a hearing on April 8. Payson Cha has confirmed he agreed to sell his stake to Wang. Wang was neither an investor nor a director at ATV, and he was not hired in any management capacity, the person said. 'About the role that he plays at ATV, we cannot define it and we don't know how to comment,' the person close to Tsai said. This followed Tuesday's preliminary hearing in the Court of First Instance over Tsai's San Want Media Holdings' application for an injunction preventing a transaction involving the station's shares. San Want filed the lawsuit against the Cha brothers, Peter Brown, a legal adviser to the Cha brothers and a member of the 10-member ATV board of directors, and Antenna Investment, which controls 47.58 per cent of ATV's shares. San Want controls 49 per cent of Antenna's voting shares and all of its non-voting economic shares, while Pelaka, jointly owned by the Cha brothers, controls 51 per cent of the voting shares. The Cha brothers also own Panfair, which holds 10.75 per cent of ATV. The injunction also stops the Cha brothers from directing or causing Panfair to dispose of bonds ATV issued to it. It also stops the Cha brothers and Brown from inducing or causing ATV's board to issue bonds to Panfair, Dragon Viceroy or China Light. The last two firms own 26.85 per cent and 14.81 per cent of ATV. The Tsai camp also said Tsai had not received any notice regarding changes in ATV's shareholding structure, which must be approved by the Broadcasting Authority. But Panfair nominated two people surnamed Sheng as alternate directors representing the firm on ATV's board. Sheng is Wang's paternal family name, and the person said the possibility of a link between the Shengs and Wang was known but there were few details. 'It might not be accurate that he has already bought shares or appointed four relatives to sit on ATV's board,' the person close to Tsai said. The government asked ATV's management to clarify the shareholding structure and submit any application for changes to the authority as soon as possible.