Four people engaged in insider dealing concerning Firstone International Holdings, since renamed Fortuna International Holdings, have been ordered to pay the Government the profit they gained.

The Insider Dealing Tribunal concluded James Huang, Phoebe Chiu, Eddie Chow and Kwan Lai-sheung committed insider dealing on April 2.

The tribunal conducted hearings on June 3 and 4 to deal with issues in relation to profit gained, financial penalties, applications in respect of costs and the orders to be made.

According to the tribunal's orders, the four shall not without leave of the Court of First Instance be a director or a liquidator or a receiver or manager of the property of a listed company or any other limited company or be concerned or take part in the management of a listed or limited company for a period of two to five years.

They have to pay the Government from $379,647.89 to $3,219,981.71, the profit they gained in the insider dealing. They were also ordered to pay a penalty to the Government, ranging from $687,846.56 to $3,219,981.71. Plus the tribunal ordered them to pay inquiry expenses.

A report on penalty and consequential orders of the tribunal has been submitted to the Financial Secretary and distributed to all concerned parties.