| THE SECURITIES ACT | ) |
Order No. 5913 |
) |
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| Section 148 and 148.3 | ) |
May 13, 2009 |
HENG GOH
WHEREAS:
(A) On October 28, 2008, the Executive Director of the British Columbia Securities Commission (“BCSC”) entered into a settlement (“Settlement”) with Heng Goh (“GOH”) and made an order against him (“BCSC Order”);
(B) In the Settlement, GOH consented to any securities regulator in Canada relying upon the facts admitted in the Settlement solely for the purpose of making orders similar to the one contemplated in the Settlement;
(C) On March 13, 2009, The Manitoba Securities Commission (“Commission”) issued a Notice of Hearing (“Notice”) giving notice of its intention to hold a hearing to consider whether or not it was in the public interest to grant orders pursuant to section 148.4 of The Securities Act, R.S.M. 1988, c. S50 as amended (“Act”) with respect to GOH;
(D) GOH has consented to the issuance of this Order and has waived his right to a full hearing;
(E) The Commission is of the opinion that it is in the public interest to make this order.
IT IS ORDERED:
1. THAT, pursuant to section 148 of the Act, GOH cease trading in securities until October 28, 2020, except that he may trade securities in one account in his own name through a registered dealer, provided that GOH first gives the registered dealer a copy of this Order.
2. THAT, pursuant to section 148.3 of the Act, GOH resign any position he may hold as a director or officer of an issuer and be prohibited, until October 28, 2020, from becoming or acting as a director or officer of any issuer.
BY ORDER OF THE COMMISSION
Director, Legal and Enforcement