Order: In the Matter of Mek Global Limited and Phoenixfin Pte. Ltd.

Order
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IN THE MATTER OF
MEK GLOBAL LIMITED AND PHOENIXFIN PTE. LTD.

M. Cecilia Williams, Commissioner and Chair of the Panel

File No. 2021-18
December 13, 2021

ORDER

WHEREAS on December 13, 2021, the Ontario Securities Commission held a hearing by teleconference and considered a request from Staff of the Commission (Staff) to hold a combined merits and sanctions and costs hearing in this proceeding in writing;

ON HEARING the submissions of the representative for Staff, no one appearing on behalf of Mek Global Limited or PhoenixFin Pte Ltd. (the Respondents), although properly served;

IT IS ORDERED THAT:

  1. pursuant to Rule 3 and Subrule 35(1) of the Ontario Securities Commission Rules of Procedure and Forms, (2019) 42 OSCB 9714 (the Rules), the merits and sanctions and costs hearings against the Respondents shall be combined;
  2. pursuant to Subrule 23(3) of the Rules, the enforcement proceeding against the Respondents shall be conducted as a written hearing;
  3. Staff shall serve and file its hearing brief and written submissions by 4:30 p.m. on February 15, 2022;
  4. the Respondents shall serve and file their responding written submissions by 4:30 p.m. on March 15, 2022; and
  5. Staff shall serve and file its reply written submissions, if any, by 4:30 p.m. on
    March 22, 2022.

 

“M. Cecilia Williams”
M. Cecilia Williams