Burst
Written by: Deng Yongzhong, Li Jingshan
2021-06-21 13:48
Last update date: 2021-06-21 13:49
Five senior members of Next Media Group were accused of violating the National Security Law of the port area and were arrested by the police last Thursday (17th), including Luo Weiguang, the editor-in-chief of Apple Daily; the Security Bureau has frozen three affiliated companies totaling 18 million yuan.
Today (21st) Li Zhiying’s assistant and consultant Mark Simon told Reuters that Apple has no way to obtain more funds. The board of directors met today to discuss how to take the next step.
After assets are frozen, issues such as employee salaries may arise.
In the Next Media Building in Tseung Kwan O, employees started to work as usual this morning.
Mr. Mak, who has been in the supplementary edition for more than a year, feels that the situation has deteriorated. After a few weeks, he may decide to stop the publication on the same day.
The Security Bureau has recently frozen the assets of three Apple Daily related companies, including Apple Daily Co., Ltd., Apple Daily Printing Co., Ltd., and AD Internet Limited (Apple Internet Co., Ltd.), for a total of 18 million yuan.
The "Apple Daily" was published as usual recently, but Mark Simon, the assistant and consultant of Next Media founder Li Zhiying in the United States, told Reuters and Bloomberg today (21) that the "Apple Daily" was forced to cease operations within "a few days." In a matter of days", Next Media’s board of directors met today to decide where to go.
"Apple" reported that today (21) will write to the Security Bureau to apply for permission to seek to unfreeze some assets to prevent the company from violating labor laws due to wage arrears, but is not optimistic about the result.
Mr. Mak, who has served in the supplementary page for more than a year, said that he felt disappointed when he learned that the company was discussing whether to close the business within the day, and felt that the situation has deteriorated: "From a few weeks to today, I will stop publication today. I imagined it deteriorated even faster. If you leave it at a low degree, you can only stay a little more resistant."
He said that he was happily doing in "Apple", "I have learned a lot, and the relationship between colleagues is good." Since he is not a reporter from Hong Kong, he is not personally worried about the National Security Law and decided to continue to work after considering it.
He pointed out that his colleagues "are trying their best to find out the truth, to tell what is happening in society, and try to speak as truthfully as possible for everyone to listen to." Of course, as an employee, I don't want the company to fail.
▼▼The arrest of 5 senior executives including Luo Weiguang, editor-in-chief of Apple Daily▼▼
"Apple Daily" applies to unfreeze some assets to pay employees. Security Bureau: It will be dealt with in accordance with the law
According to reports, "Apple Daily" decided today whether to suspend publication and some employees have planned to leave
Reuters: Li Zhiying consultant Mark Simon said "Apple" may be forced to stop operation within a few days
"Apple" reported that cash has only been operating for a few weeks, but it is not optimistic.
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