DESCARTES INVESTMENT MANAGEMENT LIMITED
DESCARTES GLOBAL ASSET MANAGEMENT LIMITED
DESCARTES FINANCE LIMITED
DESCARTES ATHENA FUND SPC

Written By: on ADMINISTRATION, INSOLVENCY MANAGEMENT, LIQUIDATION

I refer to the announcement made by the Securities and Futures Commission (“SFC”) on 6 May 2015, regarding the agreement reached by the SFC with Bestmega / NBS.

I would like to draw your attention that the agreement will be valid only once approved by the respective Courts in Hong Kong and the Cayman Islands.

Deceased Estate of Ngan Chow Wah

Written By: on ADMINISTRATION, RESTRUCTURING & ADMINISTRATION

Deceased Estate of Ngan Chow Wah

Date of appointment 27 January 2015

John Lees and Mat Ng were appointed the Joint and Several Administrators of the deceased estate of Ngan Chow Wah. We are investigating into the affairs of the deceased estate.

APPOINTMENT DETAILS

John Robert Lees
Managing Director
jrlees@jla-asia.com

Mat Ng
Managing Director
mng@jla-asia.com

CASE CONTACT

Fiona Fok
Assistant Manager
ffok@jla-asia.com

OFFICE INFORMATION

Hong Kong Office
20/F Henley Building
5 Queen’s Road Central
Hong Kong
Tel: 852 2526 0550
Fax: 852 2526 0771
jla@jla-asia.com

Tiger Asia Management LLC – Remittance of unclaimed Compensation Monies to Court

Written By: on ADMINISTRATION, RESTRUCTURING & ADMINISTRATION

NOTICE IS HERBY GIVEN THAT all unclaimed Compensation Monies have been remitted to Court by the Administrators.
Investors who would like to claim these monies should apply in writing, by quoting the reference HCMP 1502/2009 and the Investor Reference Number, to the High Court Registry at:

Registrar, High Court
Accounts Office, High Court
LG 211,

Tiger Asia Management LLC – Cheques will expire on 15 October 2014

Written By: on ADMINISTRATION, RESTRUCTURING & ADMINISTRATION

Tiger Asia Management LLC – Cheques will expire on 15 October 2014

NOTICE IS HEREBY GIVEN THAT all cheques in respect of payments of the Compensation Monies issued by the Administrators to the investors pursuant to a High Court Order will expire on 15 October 2014 (“Expiry Date”).

Investors who still possess cheque(s) issued by the Administrators in respect of the Compensation Monies are requested to deposit the cheque(s) immediately.

Tiger Asia Management LLC – Payment of Restoration Amount

Written By: on ADMINISTRATION, RESTRUCTURING & ADMINISTRATION

Tiger Asia Management LLC – Payment of Restoration Amount

Affected investors are reminded that the relevant cheques for the restoration amount have been sent and will expire soon. Affected investors are requested to deposit the cheques ASAP.

For details and background of the matter, please see the SFC’s official website at: http://www.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=13PR127

Tiger Asia

Written By: on ADMINISTRATION, RESTRUCTURING & ADMINISTRATION, Uncategorized

On 20 December 2013 the High Court of the Hong Kong Special Administrative Region, on the application of the Securities and Futures Commission, appointed Messrs John Robert Lees and Kok Wing Chong as Joint and Several Administrators of Tiger Asia Management LLC (“Tiger Asia”). The Administrators are empowered to distribute the sum to investors affected by the dealing in the securities of Bank of China Limited (Stock Code 3988) and China Construction Bank Corporation (Stock Code 939) conducted by Tiger Asia.

Du Jun

Written By: on ADMINISTRATION, RESTRUCTURING & ADMINISTRATION

Du Jun On Thursday 12 December 2013, we were appointed Administrator to administer a total sum of HK$23,964,440 (the “Funds”) paid by Mr Du Jun, a former managing director of Morgan Stanley Asia Limited to 297 investors pursuant to a Court Order dated 12 December 2013.

Under the restoration orders made by the Court, we will administer and distribute the Funds to 297 investors.