Brief: Venus Medtech Hangzhou Says Special Committee Investigation Now Complete

Venus Medtech (Hangzhou)

28/11/2023 01:34

Nov 28 (Reuters) - Venus Medtech Hangzhou Inc  2500.HK :
    * ESTABLISHED SPECIAL COMMITTEE TO UNDERTAKE INVESTIGATION
INTO
CIRCUMSTANCES SURROUNDING INDIVIDUALS DESCRIBED ON MAY 8
    * INVESTIGATION IS NOW COMPLETE
    * INVESTIGATION IDENTIFIED A NUMBER OF PREVIOUSLY
UNDISCLOSED FUND
FLOWS TO ENTITIES RELATING TO INDIVIDUALS
    * UNDISCLOSED FUND FLOWS INCLUDE AN ADDITIONAL TRANSFER OF
RMB100
MILLION ON APRIL 1, 2023

Source text for Eikon:  ID:nHKS1F0QSz 
Further company coverage:  2500.HK 

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