• Home
  • About
  • Join Us
  • Contact
93.3 KFM
  • Home
  • Hot Seat
  • News
  • Business
  • Health
  • Sports
  • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters
  • Photo Gallery
No Result
View All Result
  • Home
  • Hot Seat
  • News
  • Business
  • Health
  • Sports
  • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters
  • Photo Gallery
No Result
View All Result
93.3 KFM
No Result
View All Result
Home News

Chinese investors clash over company ownership

Ruth Anderah by Ruth Anderah
January 15, 2024
in News
0
Chinese investors clash over company ownership

Hu Zheheng, a Chinese businessman appearing before Buganda Road Court on January 15, 2024. PHOTO/Ruth Anderah

0
SHARES
373
VIEWS
Share on WhatsAppShare on FacebookShare on Twitter

Two Chinese investors appeared before Buganda Road Court on Monday over ownership of a multi-billion electric pole manufacturing company.

Chen Chao; the Director and chairman of Entec Electric company based in Tororo has dragged Hu Zheheng; his former country manager to court for fraudulently obtaining registration for the same company as a director.

Hu Zheheng and Zhang Jun (another Chinese businessman) both Chinese businessmen are charged with obtaining registration of Entec Electrical Equipment company by falsely pretending that they were the sole proprietors of the said company.

Hu Zheheng appeared before Buganda Road Court Chief Magistrate Ronald Kayizzi and denied the charges.

Zheheng is jointly charged with Zhang Jun; a former salesman for the same company. Zhang is reportedly on the run.

Prosecution contends the accused committed the offence on June, 27, 2017, at the Uganda Registration Services Bureau offices in Kampala when they willfully procured registration as the only subscribers of Entec Electrical Equipment Company Ltd.

The two claimed they were the sole owners representing 50 percent each.

The complainant, one Chen Chao is the chairman and Executive Director of Entec Electric equipment company.

 

Tags: court
Previous Post

NAM summit: FDC blames govt for high transport fares, traffic gridlock

Next Post

Tanzania suspends Kenya Airways passenger flights to Dar es Salaam

Next Post
Tanzania suspends Kenya Airways passenger flights to Dar es Salaam

Tanzania suspends Kenya Airways passenger flights to Dar es Salaam

CATEGORIES

  • Business
  • Entertainment News
  • Health
  • HotSeat
  • Lifestyle
  • National News
  • News
  • PHOTO GALLERY
  • Sports
  • World News
Akena to contest for presidency despite Court ruling

Akena to contest for presidency despite Court ruling

July 19, 2025
Bahati alleges election malpractice, contemplates next action

Bahati alleges election malpractice, contemplates next action

July 19, 2025
Election violence blamed on ‘’livelihood’’ nature of Uganda’s politics

Election violence blamed on ‘’livelihood’’ nature of Uganda’s politics

July 19, 2025
93.3 KFM

Kampala's #NumberOne radio station for better information and the best music ! KFM is a subsidiary of Nation Media Group;
@NationMediaGrp

© 2024

No Result
View All Result
  • Home
  • Hot Seat
  • News
  • Business
  • Health
  • Sports
  • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters
  • Photo Gallery

© 2024