The company’s shares were first suspended in May 2022 , but resumed trading a month later, only to be suspended again in April 2023. The Nanjing-based…
Creditors have appointed agents to sell a Hung Hom commercial property that is among a trio of seized assets tycoon Chen Hongtian is fighting to regain control of after what he called a “mild default”.
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Landing’s Jeju Shinhwa World Casino may have a new boss soon
The chairman of China’s most notorious casino developer has been placed under investigation by mainland regulators, but Yang Zhihui remains in control of Hong Kong-listed Landing International Development, according to stock exchange announcements this week.
Yang has resigned his role as director and general manager of Shenzhen-listed China Dive Co Ltd, that company said on Monday. In a separate announcement, the diving equipment maker explained that the China Securities Regulatory Commission is investigating the Anhui-based entrepreneur on suspicion of manipulation of the securities market.
“The Board would like to emphasize that the business operations and management of China Dive and its subsidiaries are entirely separate and independent from those of the Group,” Landing’s board said in its statement. “Moreover, Mr. Yang has confirmed to the Board that the Investigation is not related