Brief: Tianli Holdings Updates Certain Incidents Involving Actions Taken By Units Without Co's Approval

Tianli Holdings

27/05/2019 15:55

May 27 (Reuters) - Tianli Holdings Group Ltd  0117.HK :
    * ON 24 MAY CO BECAME AWARE OF CERTAIN INCIDENTS INVOLVING
ACTIONS
TAKEN BY UNITS WITHOUT APPROVAL OF CO AND IN BREACH OF POLICIES
    * GROUP HAS NOT SUFFERED ANY FINANCIAL LOSSES FROM INCIDENTS
    * THERE IS ALSO NO IMPACT OF INCIDENTS ON OPERATION OF GROUP
    * MADE AN APPLICATION TO STOCK EXCHANGE FOR RESUMPTION OF
TRADING
WITH EFFECT FROM 9:00 A.M. ON 28 MAY
    * BOARD WILL ESTABLISH A REVIEW COMMITTEE TO FULLY REVIEW
INTERNAL
CONTROL POLICIES OF GROUP

Source text for Eikon:  ID:nHKS9XQFmz 
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