Brief: Soho China Says It Is Aware CFO Is Under Investigation For Alleged Insider Trading

SOHO China

07/07/2022 07:00

July 7 (Reuters) - Soho China Ltd  0410.HK :
    * AWARE THAT NI KUIYANG IS UNDER INVESTIGATION IN RELATION
TO
ALLEGED INSIDER TRADING IN COMPANY'S SHARES
    * NONE OF DIRECTORS OR OTHER SENIOR OFFICERS OF CO IS AWARE
OF
CIRCUMSTANCES OF ALLEGED INSIDER TRADING
    * HAS TRANSFERRED CFO RESPONSIBILITIES ON INTERIM BASIS TO
CO'S
FINANCIAL CONTROLLER
    * AS A RESULT OF INVESTIGATION CHIEF FINANCIAL OFFICER
UNABLE TO
PERFORM ROLE UNTIL INVESTIGATION IS COMPLETED
    * DIRECTORS OF VIEW THAT INVESTIGATION HAS NO MATERIAL
ADVERSE
IMPACT ON BUSINESS OPERATIONS OF GROUP
    * NONE OF DIRECTORS OR OTHER SENIOR OFFICERS OF CO NOT
DIRECTLY
INVOLVED IN INVESTIGATION

Further company coverage:  0410.HK 

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