Whitchurch-Stouffville Newspaper Index

Stouffville Sun-Tribune (Stouffville, ON), November 22, 2003, p. 1

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oluujj vine mmmm mm suntnbune saturday nov22 2003 serving the community of whitchurchstouffville 44 pagess1 including gst h diversions rubadubdubdub s having tun in your hot tub crime 4 opinion 6 sports 26 classified 27 waxers ccmfr allegations company officials dumped stock osc by jeff mitchell v staff writer allegations of insider trading against officers of markham tech firm ah technologies inc will be heard by the ontario securities commission in february in a statement of allegations the comrhission contends the company and several key officers failed to alert markets of impend ing sales below stated targets and dumped stock in the days leading up to the announcement founder benefited several people including com pany founder and ceo kwok yuen ho reaped millions of dol lars in profits and avoided heavy losses by selling ati shares before a market warning was issued in may 2000 the commission says company stock plunged 42 per cent from 2545 to 1475 when ati released its revised thirdquarter earnings forecast may 24 2000 according to alle gations the stock price fell fur ther to 1210 the next day but in the days leading up to i that announcement company officers sold thousands of shares with knowledge of the revised forecast the commissiori alleges allegations have not been proven they will be the subject of a 2 commission hearing scheduled to beginfeb19 ctoatitechnologieshead office were not returned gas tax not in staff photomike barrett the markham waxers including rainor guminny left couldnt stop stoufiville spirit forward ty raine right in provincial junior a hockey league action thursday at the stoufiville arena raine a markham resident had two goals and a two assists in a 54 spirit win the spirit hosts the newmarket hurricanes tonight at 730 pm at the stoufiville arena see story on page 26 york region politicians like gta transit authority byroy green staff writer the throne speech carried good news for transit in york region ornol the good news in the shopping list for ontarios new liberal government delivered at queens park thursday was the promise to introduce legislation to establish a greater toronto transportation authority to improve public transit and reduce congestion but it didnt say anything about transit promises made before the tories were voted a transit coordinating body in the gta is a very positive initiative mairkham mayor don gousens said hopefully it means more integrated connections between the regions and breaking down barriers that separate metro york region and other areas but at least two regional politicians are concerned me governments emphasis on reducing a 56billion deficit inherited from the tories may have an impact on old transit promises there is a 50millibn commitment made by the conservatives regarding trans portation and itwould be a problem if they decided they couldnt keep that commit ment newmarket mayor tom taylor said he was referring to quick start a rapid tran sit bus system to be implementedover the next three years at a cost of 150 million split between york region the province and federal government see york page 14 fcrnm and country teal ty ltd 6400888

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