WebNov 11, 2010 · China Forestry, China’s second largest privately owned forestry company, has made its debut in the international debt market with a $300 million five-year bond. ... Standard Chartered Bank and UBS decided to accelerate the process and bring the pricing forward by one day in order to take advantage of strong demand and shield the borrower … WebMar 9, 2024 · In 2009, UBS and Standard Chartered were joint sponsors of the US$216 million IPO of China Forestry Holdings, but the shares were suspended in 2011 after financial irregularities were discovered.
Announcement - In relation to the matter of China …
WebJul 18, 2024 · China Forestry Holdings Co.’s initial public offering in Hong Kong is appealing a license ban by the city’s financial regulator related to his work on the deal, … Weband sale of logs, owned appro ximately 171,780 hectares of forests in Yunnan and Sichuan Pro vinces of Mainland China. UBS became a joint sponsor of China Forestry’s listing application in or around Ma y/June 2009. Howev er, UBS did not conduct any site inspection of China Forestry Group’s forests after it became a sponsor. marina squerciati legs
Hong Kong Watchdog Details UBS Misconduct - finews.com
WebMar 14, 2024 · The Hong Kong regulator, the Securities and Futures Commission (SFC) has reprimanded and fined UBS US$47.7m for failing to discharge its obligations as one of the joint sponsors of three listing applications in China. UBS was one of three listing applications: China Forestry Holdings Company Limited, Tianhe Chemicals Group … WebMar 18, 2024 · The SFC fined UBS US$375m for insufficient diligence services during three IPOs, which included that of China Forestry Holdings Co Ltd and Tianhe Chemicals Group Ltd. The regulator said that the Swiss lender did not accurately study vital assets of China Forestry's business. In Tianhe's case, SFC noted that UBS had failed to address … WebJun 28, 2024 · Last year, the SFC began and later dropped a lawsuit against Standard Chartered Plc and UBS Group AG over their roles in China Forestry’s IPO. China … marina squerciati pregnancy