Ronnie Jingjie Xue News Today : Breaking News, Live Updates & Top Stories | Vimarsana

QEX announced on Thursday that it planned to delist from the NZX after the resignation of most of its board and a string of negative events.
The company reported the theft of about $4m in stock from a Shanghai warehouse last year, and since then charges have been laid by the Ministry of Primary Industries under the Animal Products Act against QEX’s trading subsidiary, New Y Trading, and QEX chief executive Ronnie (Jingjie) Xue.
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Oliver Mander believes QEX leaving the NZX would be the “worst possible outcome” for shareholders.
Now QEX, which exports infant formula and health products, is currently suspended from trading after all its directors except Xue resigned in February. Under NZX rules, the company must have a minimum number of directors. ....

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