close
MENU
Hot Topic Hawke’s Bay
How to guide
How to guide
Home
The NBR List
NBR View
NBR Marketplace

Categories

General Business Investment Economics Te Ao Māori Politics Infrastructure Australia Tech & Innovation Finance Law Professional Services Primary Industries Retail Property Deals Aviation News Comings & Goings

Analysis

All Economy Matters Edwards on Politics Hunter’s Corner Last Word Margin Call On the Money Shoeshine Underarm NBR Focus

Featured

Podcasts Audio Articles Entrepreneurs Your Business Beehive Banter Morning Brew Toil & Trouble NZ Aviation News Back Issues Market Outlook Dollars & Sense Private Bin Opinion (Archive) NBR Radar (Archive) NBR Rich List (Archive)
Hot Topic Hawke’s Bay
General Business
4 mins to read
12

SEC finds market manipulation, fraud by ex PGG Wrightson chairman

NZX-listed company’s major shareholder also fined for fraudulent accounting.

Tim Hunter Tue, 11 Dec 2018

The US Securities & Exchange Commission has found the former chairman of PGG Wrightson, Guanglin Lai, engaged in fraudulent market manipulation of Agria stock on the New York Stock Exchange.

The SEC also found Mr Lai’s company, Agria, PGG Wrightson’s 50.2% shareholder, engaged in fraudulent

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
View terms and conditions.
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Tim Hunter Tue, 11 Dec 2018
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Tags
PGG Wrightson Guanglin Lai Securities & Exchange Commission agria corporation
Related News
General Business
2

ComCom puts spanner in PGG Wrightson works
Hunter’s Corner
5

Goodbye and good luck with the SEC
Related News
General Business
2

ComCom puts spanner in PGG Wrightson works
Hunter’s Corner
5

Goodbye and good luck with the SEC
SEC finds market manipulation, fraud by ex PGG Wrightson chairman
General Business,
77596
true
Subscribe Login