Brief: New Sparkle Roll International Updates On Complaint To Securities And Futures Commission

New Sparkle Roll International

03/01/2024 15:11

Jan 3 (Reuters) - New Sparkle Roll International Group
Ltd  0970.HK :
    * INSIDE INFORMATION IN RELATION TO COMPLAINT TO- SECURITIES
AND
FUTURES COMMISSION
    * FORMAL COMPLAINT WAS RECENTLY LODGED WITH SFC IN OR ABOUT
SEPTEMBER 2023
    * COMPLAINT CONTAINS ALLEGATIONS SUGGESTING THERE MAY HAVE
BEEN
DELIBERATE EFFORTS TO MANIPULATE SHARE PRICE
    * MANIPULATE COMPANY'S SHARE PRICE IN CONNECTION WITH A
SCHEME FOR
ACQUIRING OF SHARES
    * IF THESE ALLEGATIONS ARE TRUE, IT COULD BE PREJUDICIAL TO
INTERESTS OF SHAREHOLDERS
    * RESOLVED TO EMBARK ON A COMPREHENSIVE INVESTIGATION
    * CO TO FORM INDEPENDENT COMMITTEE WITH MANDATE TO CARRY OUT
DETAILED AND IMPARTIAL EXAMINATION OF ALLEGATIONS

Further company coverage:  0970.HK 

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