Brief: Flying Financial Service Says Chairman, Exec Director & 3 Employees Have Been Held In Custody

Fengyinhe Holdings

08/12/2020 14:33

Dec 8 (Reuters) - Flying Financial Service Holdings Ltd
 8030.HK :
    * BECAME AWARE THAT CHAIRMAN, EXEC DIRECTOR & 3 EMPLOYEES
HAVE
BEEN HELD IN CUSTODY SINCE 7 DEC
    * CUSTODIES RELATED TO CERTAIN UNSETTLED REPAYMENT OF FUNDS
IN
RELATION TO ONLINE FINANCING INTERMEDIARY BUSINESS OF GROUP
    * EMPLOYEES HELD IN CUSTODY BY NANSHAN BRANCH OF SHENZHEN
PUBLIC
SECURITY BUREAU
    * GROUP HAS ALREADY ENGAGED ITS PRC LEGAL COUNSELS
    * DAILY OPERATIONS OF GROUP REMAIN STABLE & HAVE NOT BEEN
MATERIALLY OR ADVERSELY AFFECTED

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS416HDH
Further company coverage:  8030.HK 

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