Brief: China Smartpay Group Updates on Receipt Of Administrative Penalty From PBOC

China Smartpay group

28/02/2020 15:10

Feb 28 (Reuters) - China Smartpay Group Holdings Ltd
 8325.HK :
    * NOTIFIED EACH OF UNIT AND 2 EXECUTIVE DIRECTORS GOT
RECENTLY
DECISION ON ADMINISTRATIVE PENALTY ISSUED BY PEOPLE'S BANK OF
CHINA
    * BASED ON DECISION, WILL RECOGNISE FOREGOING FINE IN
AGGREGATE
AMOUNT OF ABOUT RMB19.2 MILLION IN FY
    * BASED ON DECISION, WILL RECOGNISE CONFISCATION OF INCOME
OF
ABOUT RMB4 MILLION FOR YEAR

Source text for Eikon:  ID:nHKS1fPXtM 
Further company coverage:  8325.HK 

 ((Reuters.Briefs@thomsonreuters.com;))