Elizabeth Wilson, the Hong Kong-based managing director of Bondholder Communications, has left in the wake of that company's tainted relationship with Asia Pulp Paper APP to join forces with UK-based Lucid Issuer Services to offer similar services.
New York-based BondCom set up shop in Hong Kong in August, 2003, to locate and communicate with the beneficial owners of a company's bonds. The service is designed to facilitate voting and support transaction execution through to settlement, filling a gap left by clearing systems.
Two weeks ago, BondCom reported that a vote among APP bondholders concerning its China operation won court approval based on fraudulent votes...
