December 17, 2014 6:02 PM ET

Construction and Engineering

Company Overview of CNC Development Ltd

Company Overview

CNC Development Ltd. does not have significant operations. Previously, it engaged in the provision of city planning, infrastructure development, urban land improvement, and older-city redevelopment services to municipalities in China. The company is based in Chicago, Illinois.

410 South Michigan Avenue

Suite 620

Chicago, IL 60605

United States

2 Employees

Phone:

312-957-4172

Key Executives for CNC Development Ltd

Chief Executive Officer
Age: 60
Director and Chief Executive Officer of Sing Kung Ltd
Age: 77
Chief Urban Planning & Architecture Officer
Age: 79
Independent Director
Age: 70
Compensation as of Fiscal Year 2014.

CNC Development Ltd Key Developments

SEC Revokes Registration Of Securities Of CNC Development

The registrations of the registered securities of CNC Development, Ltd. have been revoked. The company had repeatedly failed to file required annual and quarterly reports with the Securities and Exchange Commission (SEC). Thus, the company violated a crucial provision of the federal securities laws that requires public corporations to publicly disclose current, accurate financial information so that investors may make informed decisions. The revocations were ordered in an administrative proceeding before an administrative law judge.

SEC Orders Hearings On Registration Suspension Or Revocation Against CNC Development For Failure To Make Required Periodic Filings

In conjunction with trading suspensions, Securities and Exchange Commission (SEC or the commission) also instituted public administrative proceedings to determine whether to revoke or suspend for a period not exceeding twelve months the registration of each class of the securities of CNC Development, Ltd. for failure to make required periodic filings with the Commission. In these Orders, the Division of Enforcement (Division) alleges that the company was delinquent in their required periodic filings with the Commission. In these proceedings, instituted pursuant to Exchange Act Section 12(j), a hearing will be scheduled before an Administrative Law Judge. At the hearing, the judge will hear evidence from the Division and the company to determine whether the allegations of the Division contained in the Order, which the Division alleges constitute failures to comply with Exchange Act Section 13(a) and Rules 13a-1 and/or 13a-13 there under, are true. The judge in the proceedings will then determine whether the registrations pursuant to Exchange Act Section 12 of each class of the securities of the company should be revoked or suspended for a period not exceeding twelve months. The Commission ordered that the Administrative Law Judge in the proceedings issue an initial decision not later than 120 days from the date of service of the order instituting proceedings.

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Recent Private Companies Transactions

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