Brief: Sem Holdings Says Six Writs Of Summons Were Filed With Court Of First Instance Of High Court

SEM Holdings

23/08/2023 02:42

Aug 23 (Reuters) - Sem Holdings Ltd  9929.HK :
    * SIX WRITS OF SUMMONS WERE FILED WITH COURT OF FIRST
INSTANCE OF
HIGH COURT OF HONG KONG SPECIAL ADMINISTRATIVE REGION
    * SUMMONS WERE FILED WITH COURT BETWEEN JUNE AND AUGUST
2023.
    * PLAINTIFF IS A SHAREHOLDER OF COMPANY
    * PLAINTIFF SET OUT CERTAIN ALLEGATIONS OF WRONGDOINGS
PURPORTEDLY
COMMITTED AGAINST CO
    * DENIES ALLEGATIONS AND IS IN PROCESS OF SEEKING LEGAL
ADVICE
    * SHALL CONDUCT AN INDEPENDENT REVIEW IN ALLEGATIONS
    * ALLEGATIONS CONCERN GENUINENESS OF FINANCIAL INFORMATION
OF
GROUP, AMONG OTHERS
    * ALLEGATIONS CONCERN MISCONDUCT OF DIRECTORS AND ITS
BUSINESS
PARTNERS
    * IN EARLY AUG, CHAIRMAN GOT AN ANONYMOUS LETTER CONTAINING
PERSONAL THREATS

Source text for Eikon:  ID:nHKS4wny9P 
Further company coverage:  9929.HK 

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