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Last Update

2005-05-27T00:00:00.000Z

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Background Information

Employment History

Fund Manager
ING

Regional Equities Manager
ING

Fund Manager
ING Investment Management Asia Pacific Ltd.

Web References (5 Total References)


The Standard - Pair found guilty over textile shares racket - Top Stories

www.thestandard.com.hk [cached]

Along with Tan, former directors of SBI E2-Capital China Holdings Yum and Louis Lin, as well as ING fund manager Adrian Foo, received more than HK$3 million in stock options and cash from Li to increase the share value of Kwong Hing between July 2003 and the time of their arrest in February 2004.

...
Lin and Foo pleaded guilty in April and Yum was granted immunity for giving evidence.
...
In the first part of the conspiracy, Foo was told to use ING funds to hold 18 million Kwong Hing shares to increase their value.


Ex-ING fund mgr, ex-UBS analyst face bribe charges - FinanceAsia.com

www.financeasia.com [cached]

Adrian Foo is accused by the government of accepting bribes to hold Kwong Hing stock; his court appearance is today.

Hong Kong's Independent Commission Against Corruption (ICAC) has brought charges against Adrian Foo Tiang-hock, former portfolio manager at ING Investment Management, and Nicholas Tan Chye-seng, former executive director at UBS Securities, for fraud and bribery.It has also charged Li Man-tak, executive director of publicly listed Kwong Hing International Holdings (Bermuda) and Louis Lin Chak-pui, former director at SBI E2-Capital China Holdings.
All four defendants have been released on bail and face a court appearance before Hong Kong's Eastern Magistracy this morning (Thursday) at 9.30am.They face five charges: three counts of conspiracy to offer advantages to an agent, one of accepting an advantage as an agent, and one of conspiracy to defraud.
Foo, Li and Lin are accused of conspiring together with another person to offer advantages to Foo for him to cause ING to purchase and hold Kwong Hing shares.Li and Lin are further charged with conspiring together and with one other person to offer advantages to Foo to continue to hold Kwong Hing shares.
...
Foo, who joined ING in 2000 as a regional equities manager, was suspended in March and subsequently left the firm, the spokesman says.
UBS suspended Tan in February after his arrest with full pay, and on Monday, May 31, he left the firm, says a spokesman.


4 Jailed for Bribery, Fraud in Hong Kong

biz.yahoo.com [cached]

The analysts -- Nicholas Tan, former executive director of UBS AG, and Adrian Foo, former fund manager of ING Investment Management Asia Pacific (HK) Ltd. -- were jailed for two years, the independent commission said.

...
The court heard earlier that Li paid about 2.39 million Hong Kong dollars ($306,410; euro254,190) to Foo, Lin and another man in exchange for asking Foo to use ING's funds to buy shares of Kwong Hing to boost its stock price between August and December 2003.
...
The court heard earlier that Li paid about 2.39 million Hong Kong dollars ($306,410; euro254,190) to Foo, Lin and another man in exchange for asking Foo to use ING's funds to buy shares of Kwong Hing to boost its stock price between August and December 2003.


4 Jailed for Bribery, Fraud in Hong Kong

biz.yahoo.com [cached]

The analysts -- Nicholas Tan, former executive director of UBS AG, and Adrian Foo, former fund manager of ING Investment Management Asia Pacific (HK) Ltd. -- were jailed for two years, the government commission said.

...
The court heard earlier that Li paid about 2.39 million Hong Kong dollars ($306,410; euro254,190) to Foo, Lin and another man in exchange for asking Foo to use ING's funds to buy shares of Kwong Hing to boost its stock price between August and December 2003.
...
The court heard earlier that Li paid about 2.39 million Hong Kong dollars ($306,410; euro254,190) to Foo, Lin and another man in exchange for asking Foo to use ING's funds to buy shares of Kwong Hing to boost its stock price between August and December 2003.


Global Money Management – mandate and search news for the fund management industry

www.globalmoneymanagement.com [cached]

... Hong Kong's Independent Commission Against Corruption has charged Adrian Foo, former fund manager at ING Investment Management Asia Pacific, Nicholas Tan ...

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