Brief: Jiande International Says Suspected Misappropriation Of Funds Of Unit

JIANDE INTERNATIONAL HOLDINGS

07/10/2022 15:25

Oct 7 (Reuters) - Jiande International  0865.HK :
    * SUSPECTED MISAPPROPRIATION OF FUNDS OF UNIT
    * RECENTLY DISCOVERED FORMER TREASURER OF HUI AN CHINA
GENERAL
SUSPECTED TO HAVE MISAPPROPRIATED FUNDS BETWEEN 2019 - 2022
    * MANAGEMENT OF HUI AN CHINA GENERAL HAS REPORTED SUSPECTED
MISAPPROPRIATION TO PUBLIC SECURITY BUREAU IN PRC IN SEPT
    * CO WILL ENGAGE  ADVISERS TO CONDUCT AN INVESTIGATION OF
SUSPECTED MISAPPROPRIATION
    * FORMER TREASURER SUSPECTED TO HAVE MISAPPROPRIATED IN
AGGREGATE
RMB24.98 MILLION OF HUI AN CHINA GENERAL BETWEEN 2019 - 2022
    * SUSPECTED MISAPPROPRIATED FUNDS WERE TRANSFERRED TO BANK
ACCOUNTS INCLUDING PERSONAL BANK ACCOUNTS OF SUSPECTED PERSON

Further company coverage:  0865.HK 
 ((Reuters.Briefs@thomsonreuters.com;))