Order: Oasis World Trading Inc (Re)

Order

IN THE MATTER OF
OASIS WORLD TRADING INC.,
ZHEN (STEVEN) PANG, and RIKESH MODI

File No. 2023-38

Adjudicators:

Mary Condon (chair of the panel) 
Andrea Burke 
Sandra Blake

June 4, 2025

ORDER

WHEREAS on June 2, 2025, the Capital Markets Tribunal held a hearing at 20 Queen Street West, 17th Floor, Toronto, Ontario, and considered a request from the respondents to set a schedule for the hearing of a motion to stay this proceeding against them (Stay Motion) and vacate existing merits hearing dates in this proceeding;

ON HEARING the submissions of the representatives of the Ontario Securities Commission and of the respondents, and on reading further correspondence from the parties following the hearing;

IT IS ORDERED, for reasons to follow, that:

  1. the respondents shall serve and file their Stay Motion, and accompanying motion record, by 4:30 p.m. on June 6, 2025;
  2. the Commission shall serve and file any responding motion record, by 4:30 p.m. on June 13, 2025;
  3. the respondents shall serve and file written submissions by 4:30 p.m. on 
    June 20, 2025;
  4. the Commission shall serve and file written responding submissions by 4:30 p.m. on June 27, 2025;
  5. the Stay Motion shall be heard on July 4, 2025, at 9:00 a.m., by videoconference, or as may be agreed to by the parties and set by the Governance & Tribunal Secretariat; and
  6. the merits hearing dates of June 5, 6, 9, 10 and 11, 2025, are vacated.
“Mary Condon”
Mary Condon
“Andrea Burke”
Andrea Burke
“Sandra Blake”
Sandra Blake