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Chaoda (0682): MMT proceedings against Chairman and Executive Director
Company announcement, 30-Sep-2011
Under the Listing Rules, these proceedings should have been announced when they were first known to the directors concerned. The referral by the Financial Secretary to the MMT was dated 25-Jul-2011, so they knew by then. The SFC also knew: they investigate cases before referring them to the Financial Secretary. The SFC should have informed the Stock Exchange which would then require the company to announce the FS's referral to the MMT. What we have here is a failure to communicate.
Organisations
- CHAODA MODERN AGRICULTURE (HOLDINGS) LIMITED 超大現代農業(控股)有限公司
- HKSAR Market Misconduct Tribunal 香港特別行政區市場失當行為審裁處
- SECURITIES AND FUTURES COMMISSION 證券及期貨事務監察委員會
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