Brief: Flying Financial Service Says Instigated Legal Proceedings In Hk High Court Against 2 Former Executive Directors

Fengyinhe Holdings

02/08/2022 16:13

Aug 2 (Reuters) - 
    * INSTIGATED LEGAL PROCEEDINGS IN HK HIGH COURT AGAINST 2
FORMER
EXECUTIVE DIRECTORS
    * DOES NOT RULE OUT POSSIBILITY OF JOINING ADDITIONAL
DEFENDANTS
TO CLAIM OR INSTIGATING FURTHER LEGAL ACTION IN FUTURE
    * DUE TO BREACHES BY FORMER EXEC DIRECTORS, CO SUFFERED LOSS
AND
DAMAGE OF RMB 230.8 MILLION
    * TRADING IN SHARES OF CO WILL REMAIN SUSPENDED


Further company coverage:  8030.HK 

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