Jimmy Koh, KVB Kunlun fined $65,000, censured for NZX rule breaches over Z, other IPOs

Tue, 21 Oct 2014

By Jonathan Underhill Oct. 22 (BusinessDesk) - KVB Kunlun New Zealand and its manager Chee Joo (Jimmy) Koh have been fined a combined $65,000 and publicly censured for breaches of NZX participant rules after associates of the firm traded shares of Z Energy and other companies during the holding period following initial public offerings. The company is the local unit of Hong Kong-based financial services group KVB Kunlun and its immediate owner is based in the British Virgin Islands. NZX Regulation had performed a capital and prudential...

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