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澳达控股否认涉不当行为指控 将作独立审查

Aoda Holdings denies allegations of misconduct and will conduct an independent review

Gelonghui Finance ·  Aug 23, 2023 09:14
Glonghui, August 23 | Aoda Holdings (9929.HK) announced that recently the board of directors learned that between June and August, the High Court of Appeals filed 6 subpoena warrants. The defendants listed in the warrant include current and former members of the company and the board of directors. The plaintiff, a shareholder of the company, filed several charges alleging misconduct against the company. The allegations mainly concerned the veracity of the Group's financial information; and the misconduct of the directors and their business partners. The company denies the charges and is seeking legal advice. In the writ, the plaintiff requested that the company pay a special dividend to its shareholders after receiving damages from the other defendants. The company and its management have not received a formal service order. The company will conduct an independent review of the allegations. Upon completion of the independent review, any findings will be directly reported to the Company Audit Committee, and appropriate action will be taken to address the findings. Also, at the beginning of August, the company's chairman and non-executive director Yin Minqiang received an anonymous letter containing death threats against him and requesting certain interests relating to the company's shares. The incident has been reported to the Hong Kong Police Force and an investigation is ongoing. The company emphasized that the Group's business is still normal and unaffected.

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