Brief: Ioupay Ltd Updates On Fraud Investigation

Ovanti

20/04/2023 09:17

April 20 (Reuters) - Ioupay Ltd  IOU.AX :
    * UPDATES ON FRAUD INVESTIGATION
    * NOTES THAT FORMER CFO KENNETH KUAN IS SUSPECTED OF
INVOLVEMENT
IN A FRAUD AGAINST CO
    * KUAN IS NOW WORKING WITH CLEE IN ITS ATTEMPT TO REMOVE
BOARD
    * STRONGLY RECOMMENDS THAT SHAREHOLDERS VOTE AGAINST ALL
RESOLUTION PUT FORWARD BY CLEE AT UPCOMING EGM

Source text for Eikon:  ID:nASX9S47tp 
Further company coverage:  IOU.AX 

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