IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5, AS AMENDED
- AND -
IN THE MATTER OF WELCOME PLACE INC., DANIEL MAXSOOD also known as MUHAMMAD M. KHAN, TAO ZHANG, and TALAT ASHRAF
TORONTO, Feb. 11, 2016 /CNW/ - Following a hearing held today, the Commission issued an Order in the above named matter approving the Settlement Agreement reached between Staff of the Commission and Welcome Place Inc., Daniel Maxsood also known as Muhammad M. Khan, Tao Zhang and Talat Ashraf.
The Commission also issued an Order in the above named matter in which the dates for the hearing on the merits previously scheduled to commence on February 11, 2016 and continue on February 12, 2016 are vacated.
A copy of the Order dated February 11, 2016 and Settlement Agreement dated February 10, 2016; and the Order dated February 11, 2016 are available at www.osc.gov.on.ca
OFFICE OF THE SECRETARY
SOURCE Ontario Securities Commission
For further information: For media inquiries: firstname.lastname@example.org; For investor inquiries: OSC Contact Centre, 416-593-8314, 1-877-785-1555 (Toll Free)