The Hong Kong Stock Exchange denounces Hongbao Resources Limited
The Zhitong Finance App learned that on January 16, the Hong Kong Stock Exchange announced disciplinary action against Hongbao Resources Limited (delisted, former stock code: 01131) and five directors. The Hong Kong Stock Exchange denounced Hongbao Resources Limited and its former executive director and chief executive, Mr. Ng Xin Wei; the Hong Kong Stock Exchange made statements harming investors' rights to the following persons: Mr. Ashok Kumar Sahoo, the company's former executive director and chief financial officer, Mr. Ng Say Pek, the company's former executive director and chairman, and Lim Beng Ki, a former executive director of the company
Hongbao Resources (01131): Stock Exchange's disciplinary action against the company and five directors
According to the Zhitong Finance App, Hongbao Resources (01131) issued an announcement. The Stock Exchange condemned the company and made statements harming investors' rights to the following persons: Ashok Kumar Sahoo, former executive director and chief financial officer of the company; former executive director and chairman Ng Say Pek; former executive director Lim Beng Kim Lulu; independent non-executive director Cheng Yu; and censure former executive director and CEO Ng Wei Xin. In addition to the above statements made to Mr. Sahoo, Mr. Ng SP, Ms. Lim and Mr. Cheng, the Joint Exchange