The Securities and Futures Commission (SFC) has commenced legal proceedings in the Court of First Instance to seek disqualification orders against 10 former and current directors of Freeman FinTech Corporation Limited (Freeman), including managing director, Mr Quincy Hui Kwong Hei, and former non-executive director, Mr Andrew Liu, for breaching their director duties in Freeman’s acquisition and disposal of a stake in Liu’s Holdings Limited (Liu’s Holdings) (Notes 1 to 5).
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