Brief: Vision Fame International Says Auditor Needs More Time To Finish Procedures On Unit
19/11/2018 12:36
Nov 19 (Reuters) - Vision Fame International Holding Ltd
1315.HK :
* CO'S AUDITOR NEEDS ADDITIONAL TIME TO FINISH PROCEDURES ON
UNIT
DUE TO FAILURE TO GET CONFIRMATION FROM BANK
* CO DESIGNATED SUPERVISOR OF WUXI TAIKE TO CONDUCT AN
INVESTIGATION
* PRELIMINARY FINDINGS SHOW WUXI TAIKE PLEDGED BANK DEPOSIT
OF
RMB100 MILLION TO GUARANTEE DEBT OF JIANGYIN YOUJIA
* BOARD HAS NOT APPROVED OR WAS NOT INFORMED OF DEPOSIT
PLEDGE
CONTRACTS ENTERED INTO BY WUXI TAIKE AND RELEVANT DEALS
Source text for Eikon: ID:nHKS1p0870
Further company coverage: 1315.HK
((Reuters.Briefs@thomsonreuters.com;))
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