Brief: BC Technology Provides Clarification In Relation To FTX Situation

OSL

15/11/2022 15:08

Nov 15 (Reuters) - Bc Technology Group Ltd  0863.HK :
    * CLARIFICATION IN RELATION TO FTX SITUATION
    * HAS SUSTAINED ZERO IMPACT AS RESULT OF EVENTS SURROUNDING
FTX
AND ALAMEDA RESEARCH COMPANIES
    * HAS MAINTAINED NO EXPOSURE TO TOKEN (FTT)
    * CO HAS NOT EXPERIENCED ANY LOSS ATTRIBUTED TO OTHERS
IMPACTED BY
COLLAPSE OF CRYPTOCURRENCY EXCHANGE FTX
    * BELIEVES FTX SITUATION DOES NOT HAVE ANY MATERIAL ADVERSE
IMPACT
ON BUSINESS OPERATIONS
    * DUE TO CO'S INVESTMENTS IN REGULATED AND LICENSED
OPERATIONS,
GROUP IS WELL POSITIONED TO MEET CLIENT DEMANDS

Further company coverage:  0863.HK 
 ((Reuters.Briefs@thomsonreuters.com;))