Reminiscence of an Asian accounting fraud case – Australia’s ABC Learning
Posted by Amy CHAN Wen Yi, final year undergrad at the School of Accountancy, Singapore Management University
‘Fast Eddy’ leaves ABC Learning investors reeling
Updated 28 Aug 2008, 10:26amThu 28 Aug 2008, 10:26am
Until six months ago, the world’s biggest child care operator, ABC Learning, looked like one of Australia’s great corporate success stories.
Looks can be deceiving, as ABC’s investors discovered the hard way. Continue reading
Founder executives held in graft probe following Zenith allegations
Monday, 05 January, 2015, 11:26am
Toh Han Shihhanshih.firstname.lastname@example.org
Senior executives of securities firm’s parent held for questioning after two months of corruption accusations by shareholder Zenith
Top executives of Peking University’s Founder Group, the parent of Founder Securities which has been hit by allegations of corruption, have been taken away for questioning, Founder confirmed.
Founder Group chairman Wei Xin, chief executive Li You and president Yu Li were taken away by mainland authorities on Sunday “to assist with investigations”, the company said. Continue reading
Solar Giant Hanergy Requires Extra Sunscreen
Hanergy Thin Film Power Group shares almost quadrupled in 2014, becoming the world’s largest solar power company by market value.REUTERS
Updated Jan. 5, 2015 9:30 a.m. ET
A little-known Hong Kong-listed firm has come out of nowhere to become the world’s largest solar-power company by market value. A tight relationship with its parent company should give investors reason to worry whether its time in the sun will last. Continue reading