Order: In the Matter of Teknoscan Systems Inc. et al.

Order

IN THE MATTER OF
TEKNOSCAN SYSTEMS INC., H. SAMUEL HYAMS, PHILIP KAI-HING KUNG and SOON FOO (MARTIN) TAM

File No. 2022-19

Adjudicators:

Andrea Burke (chair of the panel)
James Douglas
Cathy Singer

April 22, 2024

ORDER

WHEREAS on April 19, 2024, the Capital Markets Tribunal concluded the evidentiary portion of the merits hearing in this proceeding;

ON HEARING the submissions of the representatives for the Ontario Securities Commission, TeknoScan Systems Inc., Philip Kai-Hing Kung and Soon Foo (Martin) Tam, and of H. Samuel Hyams, appearing on his own behalf;

IT IS ORDERED THAT:

  1. the Commission shall serve and file written closing submissions on the merits by 4:30 p.m. on May 14, 2024;
  2. each of the respondents shall serve and file written closing submissions on the merits by 4:30 p.m. on May 28, 2024; and
  3. oral closing submissions on the merits shall be heard on May 31, 2024, at 10:00 a.m. at the Capital Markets Tribunal located at 20 Queen Street West, 17th Floor, Toronto, Ontario, or as may be agreed to by the parties and set by the Governance & Tribunal Secretariat.
“Andrea Burke”
Andrea Burke
“James Douglas”
James Douglas
“Cathy Singer”
Cathy Singer