The Hong Kong Securities and Futures Commission has initiated legal proceedings in the original court under section 214 of the Securities and Futures Ordinance, seeking a court order for share repurchase to safeguard the rights of independent minority shareholders of both LET Group Holdings Limited and Summit Ascent Holdings Limited, where the chairman, executive director, and controlling shareholder Lu Yanyi is suspected of misconduct.
香港证监会为凯升控股等两公司独立少数股东寻求股份回购令
The Hong Kong Securities and Futures Commission is seeking a share repurchase order for two companies, including Summit Ascent Holdings Limited, from independent minority shareholders.
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