Decision Notice - Director Registration Cancelled for Mr. Zhi Chen (2025-12-15)

Summary

This is a public extract of a CIMA Decision Notice recording that the director registration of Mr. Zhi Chen (Director Registration #2672165) has been cancelled. It documents a completed enforcement action rather than imposing a new ongoing regulatory rule.

• Action: CIMA cancelled Mr. Zhi Chen's director registration under section 25(2)(a) of the Directors Registration and Licensing Act, 2014 (as amended).
• Reasons: CIMA found, under section 25(1)(a) and (e) of the Act, that Mr. Chen was carrying on business in a manner detrimental to the public interest or to the interests of the covered entity for which he was appointed, and that he is not a fit and proper person to hold a position as a registered director.
• Effective date: The cancellation took effect on 3 December 2025.
• Appeal rights: Mr. Chen has the right to appeal the decision to the Grand Court under section 27(5) of the Act.

For other registered directors and covered entities, this notice is informational: it confirms that Mr. Zhi Chen is no longer a registered director and should not be treated as holding that status going forward.

Applies to

registered directors, covered entities

Deadlines

• 3 December 2025: Effective date on which the cancellation of Mr. Zhi Chen's director registration took effect.