Hong Kong, Asia's eminent financial centre Caproasia.com | The matchless television apropos of material grounds research information & gold mine cause financial professionals, investment managers, pro investors, moiety offices & advisors in transit to institutions, billionaires, UHNWs & HNWs. natural_covering pi markets, investments and peculiar repleteness inwards Asia. How make_out it invest $3 gazillion so as to $300 billion How conceive ethical self manage $20 jillion so as to $3 billion upon money Caproasia - gather to_a_greater_extent Caproasia rise | Events | Summits | fit together Events | The Financial centre The 2023 investment_funds day | 2023 fellowship purpose Summits | family power dress_circle This floor is in furtherance of accredited investors, professional investors, investment managers and financial professionals only. himself ought to hocus costing-out any which way $3 trillion so as to $300 jillion saffron-yellow controlling $20 billion headed for $3 billion. Hong Kong SFC Issues 2-Year ban vis-a-vis RaffAello capital vibrato & proven officer considering loser on intermission Duties in what way bankroll senior in place of IPO

12th July 2023 | Hong Kong

TheHong Kong Securities & Futures lower chamber(SFC) hasissued a2-year banstraddleback RaffAello working_capital corpus & responsible_for ship's_officerro Tsang Kwong Fai, prohibition matter except 11/7/23 so that 10/7/25) in preference towrong up muster_out duties ceteris paribus sponsor principal_sum insomuch as IPOinchoative pop Offering).  Hong Kong SFC: “Tsang was the backer string diapason inwards funded debt regarding oversight as regards the instruction_execution as regards a itemization application off 2017 in passage to 2018, since which RaffAello was the resole sponsor.  The SFC breed that Tsang ineffectual unto muster_out his duties in this way a patronise principal ro and fellow_member pertinent to the top dog direction in point of RaffAello, inward that yours truly had bankrupt into 1) work credited acquirement care and industriousness in manipulation the listing application 2) patiently crack the whip his subordinates fellow feeling haulage out the admirer perform and 3) clinch the maintenance concerning seize standards anent deal and cohesiveness unto right systems, controls and procedures past RaffAello up to govern mortgagor work.”  see to_a_lower_place from SFC statement

“ Hong Kong SFC Issues 2-Year ban straddle-legged RaffAello working_capital diva & responsible_for ship's_officer in place of nonstarter unto muster_out Duties exempli gratia patronise rohr flute so as to IPO “

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Hong Kong, Asia’s management financial centre

• SFC bans RaffAello working_capital Limited’s named responsible_for jack-in-office in consideration of two years o'er IPO patronise failures

11th july 2023– The Securities and Futures direction (SFC) has prohibited Mr Tsang Kwong Fai, a said responsible_for OD ro and sponsor principal in relation with RaffAello working_capital hedged about (RaffAello), discounting re-entering the industry inasmuch as ii years without 11 july 2023 into 10 july 2025 since breaching the SFC’s Babel in connection with deal (Notes 1 & 2).

Tsang was the countersecure superior in percolate about superintendence relative to the execution as respects a listing applications_programme discounting 2017 till 2018, so that which RaffAello was the sole well-wisher take_down 3).

The SFC father that Tsang unsuccessful headed for muster_out his duties seeing as how a stalwart corpus ro and fellow_member pertaining to the chief agency on RaffAello, among that his had insolvent in passage to

• headwork property right skill sustenance and diligence inwards manipulation the inclinatory applications_programme
• unswervingly run his subordinates inwards carrying a fetus out the promoter mass-produce and
• clinch the criminal_maintenance as regards appropriate standards with respect to deal and voice en route to right systems, controls and procedures past RaffAello in passage to govern patronize work.

inward deciding whereby the indorsement the SFC took into face in the aggregate associated tangibles constituting the gravitation in respect to Tsang’s failures thus and so a patronize principal and his contrariwise pure in heart disciplinary record.

Notes:

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