"Apple Daily" closed earlier, and several senior executives and chief writers were arrested in connection with the "National Security Law". The Financial Secretary Chen Maobo also announced in July that he cited the "Companies Ordinance" to appoint Chen Jinrong, the former president of the Institute of Accountants, as the examiner. , Investigate the business of Next Media Group.
Chen Jinrong said today (28th) that he has been issued a search warrant by the court and will enter the Next Media Building today to collect evidence. He also explained the reason for applying for the search warrant because all members of Next Media’s board of directors have resigned, preventing the examiner from obtaining the investigation. Useful information for work.
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The Office of the Examiner of Next Media issued a paper this afternoon stating that since all the members of the Board of Directors of Next Media resigned on September 5, the examiner was unable to obtain relevant information useful for the investigation in a timely manner during the investigation process, increasing the difficulty of the investigation, and cited the " The power granted by the Companies Ordinance to apply to the court for a search warrant has been approved.
The press release mentions that the examiner will enter the Next Media Building today to collect evidence and is expected to continue the Next Media investigation as required.
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Chen Maobo stated on July 28 that Next Media was suspected of unfairly harming shareholders and creditors in handling the company’s business, high-level personnel used the company to conduct illegal acts, and suspected of multiple frauds and misconducts related to the company’s business. The group governance is far from reaching the required standards of a listed company, so the "Companies Ordinance" was cited and Chen Jinrong was appointed as an examiner to investigate the business of Next Media Group.
After the "Apple Daily" ceased operations at the end of June, successive board members resigned. By September 5, Next Media announced that it had received written confirmation from Ye Yijian, Louis Gordon Crovitz, Mark Lambert Clifford, and Lin Zhongren that they resigned from the company. The executive director, chairman and independent non-executive director, that is, the entire board of Next Media has been "vacuum."
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