BondCom exec finds new partners

Beth Wilson abandons a sinking ship to join with a UK debt securities communications specialist for Asian business.

Elizabeth Wilson, the Hong Kong-based managing director of Bondholder Communications, has left in the wake of that company's tainted relationship with Asia Pulp Paper APP to join forces with UK-based Lucid Issuer Services to offer similar services.

New York-based BondCom set up shop in Hong Kong in August, 2003, to locate and communicate with the beneficial owners of a company's bonds. The service is designed to facilitate voting and support transaction execution through to settlement, filling a gap left by clearing systems.

Two weeks ago, BondCom reported that a vote among APP bondholders concerning its China operation won court approval based on fraudulent votes...

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