Jiayuan International Group (HK:2768) has released an update.
Jiayuan International Group Limited, currently in liquidation, has issued a supplemental announcement concerning additional guidance required for the resumption of trading on the Hong Kong Stock Exchange. This guidance follows the discovery of abnormal financial transactions directed by the company’s ultimate controlling shareholder, Mr. Shum, which has raised concerns about management integrity. Trading of the company’s shares remains suspended since April 3, 2023, as they work towards meeting the resumption criteria.
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