Brief: Mog Digitech Says Informed Chairman Arrested By Independent Commission Against Corruption

MOG Digitech Holdings

13/10/2023 11:03

Oct 13 (Reuters) - MOG Digitech Holdings Ltd  1942.HK :
    * INFORMED CHAIRMAN WAS ARRESTED BY INDEPENDENT COMMISSION
AGAINST
CORRUPTION FOR INVESTIGATION ON 12 OCT
    * CURRENT PRINCIPAL ACTIVITIES OF GROUP ARE NOT AFFECTED
    * INCIDENT WILL NOT HAVE ANY MATERIAL ADVERSE EFFECT ON
BUSINESS
OPERATIONS AND FINANCIAL POSITION OF GROUP
    * INFORMED THAT CHAIRMAN WAS RELEASED ON BAIL ON 12 OCT
WITHOUT
ANY CHARGE LAID AGAINST HIM
    * APPLICATION MADE TO STOCK EXCHANGE FOR RESUMPTION OF
TRADING IN
SHARES WITH EFFECT FROM 9:00 A.M. ON 16 OCT

Further company coverage:  1942.HK 

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