Post: Former NSW director convicted of making false statement

Mr Zinan Ou, 44, of Beverley Park in New South Wales, has pleaded guilty to making a false or misleading statement to ASIC.

Mr Ou was a former director of A-One Metal Services Pty Ltd (Deregistered) ACN 120 156 318 (A-One) which operated a metal and glass balustrading business.

An ASIC investigation found that on or around 7 May 2018, Mr Ou lodged a document with ASIC to voluntarily deregister A-One. In the document Mr Ou falsely or misleadingly claimed that A-One did not have any outstanding liabilities. At the time of lodging the document, A-One did have outstanding liabilities owed to creditors.

Mr Ou was convicted and ordered to pay a fine of $2,500. He is also disqualified from managing corporations for five years until 17 November 2025.

The matter was prosecuted by the Commonwealth Director of Public Prosecutions.

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