Brief: Shimao Services Says Stock Exchange Found Non-Executive Director Breached Duties

Shimao Services Holdings

03/12/2024 10:34

Dec 3 (Reuters) - Shimao Services  0873.HK :
    * STOCK EXCHANGE FOUND THAT NON-EXECUTIVE DIRECTOR, OTHERS
BREACHED THEIR DIRECTOR'S DUTIES UNDER RULE 3.08 OF LISTING
RULES
    * CONSIDERS THAT GU REMAINS SUITABLE TO ACT AS AN
INDEPENDENT
NON-EXECUTIVE DIRECTOR OF COMPANY
    * BREACH IN OBLIGATIONS BY FAILING TO USE BEST ENDEAVOURS TO
PROCURE COMPLIANCE OF SUNSHINE HOLDINGS ON ENFORCEMENT OF LOANS
    * DISCIPLINARY ACTION AGAINST AND EIGHT DIRECTORS OF
SUNSHINE
HOLDINGS, INCLUDING GU YUNCHANG, NON-EXEC DIRECTOR OF SHIMAO

Further company coverage:  0873.HK 

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