Cyprus financial regulator CySEC has announced that, at its meeting held on the 10th of February 2025, it decided to grant an additional extension of six months to the suspension of voting rights attached to the shares of Shine Trades (CY) Limited (formerly known as Triumph Int. Cyprus Ltd) held by Chong Chun Hseung.
Shine Trades (CY) Limited formerly operated the TriumphFX retail FX and CFDs brokerage brand, and today operates ShineTrades (at website shinetrades.com).
Chong Chun Hseung, through CCH Triumph Cyprus Trust, is the sole direct shareholder of the company. The regulator said that the suspension will remain in force until the below references are removed from the investor alert lists of the competent regulatory authorities in Singapore and Malaysia.
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