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THE SECURITIES ACT |
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Order No. 7310 |
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Sections 144(1)(c), 148, 19(5), 148.3, and 8 |
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April 13, 2016 |
LIANYUN GUAN AND
GREENSTAR AGRICULTURAL CORPORATION
WHEREAS:
(A) On January 28, 2016, the Ontario Securities Commission (“OSC”) issued an order against Lianyun Guan and Greenstar Agricultural Corporation (“OSC Order”);
(B) On February 12, 2016, The Manitoba Securities Commission (“Commission”) issued a Notice of Hearing (“Notice”) giving notice of its intention to hold a hearing to consider whether or not it was in the public interest to grant orders pursuant to The Securities Act, R.S.M. 1988 c. S50 as amended (“Act”) with respect to Lianyun Guan (“GUAN”) and/or Greenstar Agricultural Corporation (“GREENSTAR”);
(C) On April 13, 2016, this hearing matter came before a panel of the Commission;
(D) Upon reviewing the documentary evidence and hearing the submissions of counsel for staff of the Commission, no one appearing for the respondents, and upon reviewing the Affidavit of Service, filed, and being satisfied as to service upon the respondents, the Commission is of the opinion that it is in the public interest to make this order.
IT IS ORDERED:
1. THAT, pursuant to section 144(1)(c) of the Act, the method of service of the Notice of Hearing upon the respondents be by e-mail and, furthermore, the e-mailing already having been made to the address of greenstarguan@163.com be and is hereby validated as constituting service upon the respondents.
2. THAT, pursuant to section 144(1)(c) of the Act, notice of this order to each of the respondents is sufficient if a copy is sent to the e-mail address shown in paragraph 1 above.
3. THAT, pursuant to section 148 of the Act, GUAN cease trading in securities permanently.
4. THAT, pursuant to section 148 of the Act, trading in any securities by and of GREENSTAR cease permanently.
5. THAT, pursuant to subsection 19(5) of the Act, subsection 19(1) of the Act, with respect to such of the trades referred to in that subsection, and subsection 19(2) of the Act, with respect to such of the securities referred to in that subsection, do not apply to GUAN and GREENSTAR permanently.
6. THAT, pursuant to section 148.3 of the Act, GUAN resign all positions he may hold as a director or officer of an issuer and be prohibited permanently from becoming or acting as a director or officer of any issuer.
7. THAT, pursuant to section 8 of the Act, GUAN be prohibited permanently from becoming or acting as a registrant.
BY ORDER OF THE COMMISSION
Director