The Securities and Futures Commission (SFC) has initiated criminal proceedings against businessman Wong Pak Ming for insider dealing related to Transmit Entertainment Limited (formerly Pegasus Entertainment Holdings Limited). Wong allegedly advised another person to trade Pegasus shares while possessing insider information between August 25, 2017, and October 17, 2017. The case is set for adjournment until March 27, 2025, with Wong released on bail under specific conditions.
Resources: https://apps.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=25PR26
