Brief: Peking University Resources Updates On Suspension Of Trading And Litigation

Peking University Resources (Holdings)

10/12/2021 13:38

Dec 10 (Reuters) - Peking University Resources (Holdings)
Company Ltd  0618.HK :
    * UPDATES ON RECENT DEVELOPMENT OF SUSPENSION OF TRADING AND
LITIGATION
    * FINDS FORMER CONTROLLING SHAREHOLDER "SUSPECTED TO HAVE
MISAPPROPRIATED FUNDS" OF GROUP
    * IS OF VIEW THAT "SUSPECTED MISAPPROPRIATION ADVERSELY
AFFECTED
FINANCIAL CONDITIONS & BUSINESS OPERATIONS" OF GROUP
    * CURRENTLY SEEKING LEGAL ADVICES AND WILL CONTINUE TO
CONDUCT 
INVESTIGATION OVER CONDUCTS OF RESOURCES GROUP
    * PEKING UNIVERSITY RESOURCES (HOLDINGS) - ALSO DISCOVERED
"MISCONDUCT" OF A FORMER EXECUTIVE DIRECTOR OF CO
    * PEKING UNIVERSITY RESOURCES (HOLDINGS) - ALSO SEEKING
LEGAL
ADVICE IN RELATION TO "MISCONDUCT"

Source text for Eikon:  ID:nHKS4crbtn 
Further company coverage:  0618.HK 

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