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Company in the news
Samsung succession in disarray as Lee criminal case advances
(Jan 17): The long-orchestrated plan to cement Jay Y. Lee’s position atop Samsung Group may put him in jail instead, raising questions about who would step in to run South Korea’s biggest conglomerate in the aftermath.
January 17, 2017
Hong Kong arrests 29 in corruption probe linked to four banks
(Dec 13): Hong Kong arrested 29 current and former staff of five financial institutions, including four banks, for alleged bribery connected with obtaining confidential customer information to market personal loans, the city’s anti-graft agency said.
December 13, 2016
In print this week
US hedge fund that dealt with Asiasons, Blumont, LionGold files for bankruptcy
(Oct 24): Two Platinum Partners hedge funds have sought US Chapter 15 bankruptcy protection as part of an ongoing liquidation effort, according to court documents filed in the New York federal court on Oct 18.
In August, a Cayman Islands court ordered
October 24, 2016
Former ST Engineering employee sentenced to 20 weeks jail, $100,000 fine
SINGAPORE (Sept 27): ST Engineering said on Tuesday that the former senior vice-president of ST Marine’s Tuas Yard, Mok Kim Whang, had been sentenced to 20 weeks’ imprisonment and a total fine of $100,000.
September 27, 2016