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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Law
3 mins to read

Former Oceania Natural insiders manipulated market

Ex-CEO Walker Zhong and marketing director wife Regina Ding faced FMA charges last year.

Oceania former CEO Wei (Walker) Zhong.

The former chief executive and former marketing director of previously listed Oceania Natural have been found to have breached market manipulation charges brought by the Financial Markets Authority.

A High Court judge has also ruled the pair contravened seven causes of action related to disclosure.

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Hamish McNicol Wed, 12 Apr 2023
Contact the Writer: Hmcnicol@nbr.co.nz
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Former Oceania Natural insiders manipulated market
Law,
98593
true