Hoong Kee Tang was arrested and charged with market manipulation and making false or misleading statements in documents supplied to ASIC.

ASIC alleges former Wintech managing director, Kim Wong, engaged in falsification of the ASX-listed company's books

Westan has landed a master distribution agreement with Yamaha’s Sound Network Division to take on its audio and video conferencing products.

Westan’s founder says he has no short-term plans to sell and will remain focused on business as usual for the foreseeable future.

The sale of Australian IT distributor, Westan, to ASX-listed player, Wintech Group, has fallen over after the latter’s distribution arm, Magnafield Technology Distribution (MTD), slipped into receivership.

ASX-listed Wintech Group will look to grow Westan following its acquisition of the IT distributor last week.

Australian IT distributor, Westan, has been sold to ASX-listed player, Wintech Group.