Latest news with #share trading
CNA
4 days ago
- Business
- CNA
CEO of luxury car distributor charged over falsely trading company's shares
SINGAPORE: The chief executive officer of luxury car distributor Eurosports Global was charged on Tuesday (Aug 5) over the false trading of company shares. Goh Kim San, who is also executive chairman of the company, allegedly conducted trades in Eurosports Global shares between May 2015 and November 2020, despite knowing that these trades "would likely create a false or misleading appearance of active trading", said the police. Eurosports Global is a company listed on the Singapore Exchange. The 68-year-old also allegedly instigated two other individuals, Kan Chee Gian and Leo Chun Kong, to procure three nominee trading accounts to conduct these trades, without the authorisation of the trading firms. He is also accused of intentionally failing to give written notice to Eurosports Global of changes in his ownership of the company's shares arising from trades conducted in the three nominee trading accounts. Goh, 68, faces five counts of false trading, six counts of engaging in deceptive practices and eight amalgamated counts of failing to disclose his interest in Eurosports Global shares. On Tuesday, he did not indicate a plea and was granted bail. If convicted of false trading or engaging in deceptive practices, Goh could be jailed for up to seven years, fined up to S$250,000 (US$194,000), or both, for each charge. He may also be jailed for up to two years, fined up to S$250,000, or both, for each charge of failing to disclose an interest in Eurosports Global shares, if convicted.
Yahoo
29-07-2025
- Business
- Yahoo
Foxconn to suspend share trading on July 30 pending major announcement
TAIPEI (Reuters) -Foxconn, also known as Hon Hai Precision Industry, said it will suspend share trading on July 30 pending a major announcement. In Taiwan, companies typically halt trading ahead of announcements, including investments, asset sales and mergers or strategic partnerships, that could affect share prices. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
29-07-2025
- Business
- Reuters
Foxconn to suspend share trading on July 30 pending major announcement
TAIPEI, July 29 (Reuters) - Foxconn, also known as Hon Hai Precision Industry ( opens new tab, said it will suspend share trading on July 30 pending a major announcement. In Taiwan, companies typically halt trading ahead of announcements, including investments, asset sales and mergers or strategic partnerships, that could affect share prices.
Irish Times
17-07-2025
- Business
- Irish Times
FD Technologies to stop trading on Friday as court sanctions €626m sale
The last day of share trading in FD Technologies, the Newry-based data and analytics company, will be Friday, after Northern Ireland's high court rubber-stamped its £541.6 million (€626 million) sale to US private equity firm TA Associates. The structure of the deal, by way of a so-called scheme of arrangement, required sanctioning from the court after it was approved by FD Technologies shareholders at the end of June. FD Technologies said in a statement that it expects dealing on the stock to end on Friday afternoon in Dublin and London. The company is on track to be officially delisted next Tuesday. The company's remaining business is KX, which analyses large data sets in real time to help companies predict and respond to market conditions across the various business areas. READ MORE FD Technologies' board urged that shareholders support the TA Associates deal, saying that the operation may be hampered by 'uncertain public markets' if it needs to accelerate investment to capture opportunities in artificial intelligence (AI). The deal with TA Associates, first announced in May, follows a big restructuring at the Dublin-listed company last year. This led to the group selling its former core First Derivatives division to US software group EPAM in a £236.1 million transaction and the spin-off of another business, called MRP , into a merger. It subsequently returned £120 million to shareholders in January through a stock buyback deal.
