Eneco Refresh founder Henry Heng’s trading nightmare ends with $10,000 bond on ASIC disclosure charges

Eneco Refresh founder Henry Heng has capped off his legal woes with a $10,000 good behaviour bond for disclosure breaches linked to a year-long dodgy trading spree.

A fortnight after landing an 18-month suspended prison sentence for false trades, Mr Heng was released on a 12-month good behaviour bond on Friday for failing to tell the stock exchange about changes to his Eneco stake through 2021.

The charges arose from Australian Securities and Investment Commission raids in January 2022 on premises linked to the one-time Family First WA senate candidate and former Singapore stockbroker.

The Singapore stockbroker made prompt admissions about Eneco share trades made through accounts in the name of his wife and a daughter.

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