Brief: Future Land Development Says Wang Zhenhua Shall Be Removed As Chairman

S Enjoy Service

03/07/2019 16:11

July 3 (Reuters) - Future Land Development Holdings Ltd
 1030.HK :
    * RESOLVED TO APPOINT WANG XIAOSONG A NON-EXECUTIVE DIRECTOR
OF CO
AS CHAIRMAN OF BOARD
    * GETS NOTICE FROM PUTUO BRANCH OF SHANGHAI PUBLIC SECURITY
BUREAU
INFORMING CO'S CHAIRMAN IS BEING HELD IN CRIMINAL CUSTODY
    * COMPANY HAS RESOLVED THAT WANG ZHENHUA SHALL BE REMOVED
FROM
POSITION AS CHAIRMAN
    * CRIMINAL CUSTODY OF CO'S CHAIRMAN "FOR PERSONAL REASONS"
    * CO IS OF VIEW THAT CRIMINAL CUSTODY OF CHAIRMAN IS NOT
RELATED
TO OPERATIONS OF GROUP, WHICH REMAIN NORMAL

Source text for Eikon:  ID:nHKS8yJd4v 
Further company coverage:  1030.HK 

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