Brief: Hong Kong Resources Says Litigation Involving Co

3DG Holdings International

31/05/2024 15:35

May 31 (Reuters) - Hong Kong Resources Holdings Co Ltd
 2882.HK :
    * LITIGATION INVOLVING CO
    * ON 24 MAY, CO GOT SEALED COPY OF PETITION ISSUED BY HIGH
COURT
OF HONG KONG SPECIAL ADMINISTRATIVE REGION
    * PETITION WILL BE HEARD AT HIGH COURT OF HONG KONG ON 4
SEPTEMBER
    * PETITION FILED BY SECURITIES AND FUTURES COMMISSION
AGAINST
EIGHT FORMER DIRECTORS
    * CO IS CURRENTLY SEEKING LEGAL ADVICE
    * SECURITIES AND FUTURES COMMISSION SEEKS DISQUALIFICATION
ORDER
AGAINST EACH OF 8 FORMER DIRECTORS TO PAY HK$74.4 MILLION TO CO
    * CONSIDERS PETITION WILL NOT HAVE ANY MATERIAL & ADVERSE
IMPACT
ON OR DISRUPT CO'S DAILY OPERATIONS & BUSINESS

Further company coverage:  2882.HK 

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