Reuters logo
3 months ago
BRIEF-Freeman Fintech Corporation updates on claims against certain former directors
May 26, 2017 / 2:56 PM / 3 months ago

BRIEF-Freeman Fintech Corporation updates on claims against certain former directors

May 26 (Reuters) - Freeman Fintech Corporation Ltd

* Updates on information regarding claims against certain former directors of company

* Compensation orders are also sought against 2 former directors of co for payment of about hk$76 million with interest to company

* SFC seeks disqualification orders against relevant respondents and other former directors of company

* Disqualification orders for directors alleged misconducts in co's dealings of acquisition and disposal of interest in liu's holdings

* Co has no intention to appoint any of respondent former directors as director, or to engage them with or without court's order

* Says relevant respondents have all resigned from board at dates subsequent to announcement

* Board would like to emphasize that none of respondent former directors is engaged in management of co, directly or indirectly Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below