Financial News
Written by: Zhang Weilun
2020-12-02 20:27
Last update date: 2020-12-02 20:27
Convoy Global (1019) made a supplementary announcement regarding the petition issued by the shareholder Chen Peixiong in accordance with Article 724 of the Companies Ordinance of Chapter 622 against the company, all directors and certain shareholders.
According to the petition, Chen Peixiong accused the company's board of directors of failing to perform its duties to the company, thereby harming the company's listing status.
Chen Peixiong also sought relief (among other things), issued orders to restrict directors from continuing to serve as directors before the reorganization of the board of directors, and appointed independent managers to manage company affairs.
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