Primhak, Warren Lee
Sanctions on China Gem (1191) and 7 directors
SEHK, 1-Feb-2023
For failure to co-operate with an investigation into certain transactions and a resulting impairment in the 2019 results. The statement is dated 30-Dec-2022 and was held back for a month, perhaps because it was price-sensitive: It states that the stock listing should be cancelled if any of 5 directors remain on the board 14 days after the statement. They all resigned on 12-Jan-2023.
SEHK, 1-Feb-2023
For failure to co-operate with an investigation into certain transactions and a resulting impairment in the 2019 results. The statement is dated 30-Dec-2022 and was held back for a month, perhaps because it was price-sensitive: It states that the stock listing should be cancelled if any of 5 directors remain on the board 14 days after the statement. They all resigned on 12-Jan-2023.
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