Notice of Hearing: In the Matter of Global Partners Capital et al.

Notice of Hearing


IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c.S.5, AS AMENDED

- AND -

IN THE MATTER OF
GLOBAL PARTNERS CAPITAL, ASIA PACIFIC ENERGY, INC., 1666475 ONTARIO
INC. operating as “ASIAN PACIFIC ENERGY”, ALEX PIDGEON, KIT CHING PAN
also known as Christine Pan, HAU WAI CHEUNG, also known as Peter Cheung, Tony
Cheung, Mike Davidson, or Peter McDonald, GURDIP SINGH GAHUNIA also known as
Michael Gahunia or Shawn Miller, BASIL MARCELLINIUS TOUSSAINT also known as
Peter Beckford, and RAFIQUE JIWANI also known as Ralph Jay

NOTICE OF HEARING
(Sections 127 and 127.1)



      TAKE NOTICE THAT the Ontario Securities Commission (the "Commission") will hold a hearing pursuant to sections 127 and 127.1 of the Ontario Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”) at the offices of the Commission at 20 Queen Street West, 17th Floor Hearing Room on Wednesday, October 1st, 2008 at 11 a.m., or as soon thereafter as the hearing can be held, to consider:
(i) whether, in the opinion of the Commission, it is in the public interest, pursuant to ss. 127 and 127.1 of the Act to order that:
(a) trading in any securities by Global Partners Capital (“Global Partners”), Asia Pacific Energy, Inc. (“Asia Pacific”), 1666475 Ontario Inc. operating as Asian Pacific Energy (“1666475”), Alex Pidgeon (“Pidgeon”), Kit Ching Pan also known as Christine Pan (“Pan”), Hau Wai Cheung also known as Peter Cheung, Tony Cheung, Mike Davidson, or Peter McDonald (“Cheung”), Gurdip Singh Gahunia also known as Michael Gahunia or Shawn Miller (“Gahunia”), Basil Marcellinius Toussaint also known as Peter Beckford (“Toussaint”), and Rafique Jiwani also known as Ralph Jay (“Jiwani”) (collectively the “Respondents”) cease permanently or for such period as is specified by the Commission;

(b) the acquisition of any securities by the Respondents is prohibited permanently or for such other period as is specified by the Commission;

(c) any exemptions contained in Ontario securities law do not apply to the Respondents permanently or for such period as is specified by the Commission;

(d) each Respondent disgorge to the Commission any amounts obtained as a result of non-compliance by that respondent with Ontario securities law;

(e) the Respondents be reprimanded;

(f) Pan, Cheung, Pidgeon, Gahunia, Toussaint, and Jiwani (collectively the “Individual Respondents”) resign one or more positions that they hold as a director or officer of any issuer, registrant, or investment fund manager;

(g) The Individual Respondents be prohibited from becoming or acting as a director or officer of any issuer, a registrant, an investment fund manager;

(h) the Respondents be prohibited from becoming or acting as a registrant, as an investment fund manager or as a promoter;

(i) the Respondents each pay an administrative penalty of not more than $1 million for each failure by that respondent to comply with Ontario securities law; and,

(j) the Respondents be ordered to pay the costs of the Commission investigation and the hearing;
(ii) whether, in the opinion of the Commission, an order should be made pursuant to section 37 of the Act that the Respondents cease permanently to telephone from within Ontario to any residence within or outside Ontario for the purpose of trading in any security or any class of securities; and,

(iii) whether to make such further orders as the Commission considers appropriate.
      BY REASON OF the allegations as set out in the Statement of Allegations of Staff of the Commission dated September 11, 2008 and such further additional allegations as counsel may advise and the Commission may permit;

      AND BY REASON OF the evidence filed with the Commission and the testimony heard by the Commission;

      AND TAKE FURTHER NOTICE that any party to the proceedings may be represented by counsel at the hearing;

      AND TAKE FURTHER NOTICE that upon failure of any party to attend at the time and place aforesaid, the hearing may proceed in the absence of that party and such party is not entitled to any further notice of the proceedings.

      DATED at Toronto this 11th day of September, 2008

Christos Grivas

John Stevenson
                                                        A/Secretary to the Commission CHRISTOS GRIVAS




TO: Global Partners Capital

AND TO: Asia Pacific Energy, Inc.

AND TO: 1666475 Ontario Inc. operating as Asian Pacific Energy

AND TO: Alex Pidgeon

AND TO: Kit Ching Pan, also known as Christine Pan

AND TO: Hau Wai Cheung, also known as Peter Cheung, Tony Cheung, Mike Davidson, or Peter McDonald

AND TO: Gurdip Singh Gahunia, also known as Michael Gahunia and Shawn Miller

AND TO: Basil Marcellinius Toussaint, also known as Peter Beckford

AND TO: Rafique Jiwani, also known as Ralph Jay