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LET Group Holdings Reveals Board and Committees Update
LET Group Directors Resign Amid Compliance Challenges
LET GROUP (01383.HK): Du Jiancun resigns as an independent non-executive director.
GeLongHui November 5th | LET GROUP (01383.HK) announced that Mr. Du Jiancun and Mr. Lu Weidong have resigned as independent non-executive directors, effective from November 5, 2024, as they believe they have not made meaningful contributions to assist the company in resuming its share trading on the main board of the Hong Kong Stock Exchange.
LET Group Unit Engages IGT Asia for Supply, Maintenance of Equipment, Software, Services
LET GROUP: (1) QUARTERLY UPDATE ON BUSINESS OPERATIONS AND RESUMPTION STATUS; AND (2) CONTINUED SUSPENSION OF TRADING
The Securities and Futures Commission of Hong Kong is seeking a share repurchase order for LET Group (01383) and summit ascent (00102) independent minority shareholders.
On September 27, the Hong Kong Securities and Futures Commission initiated legal proceedings in the original court under section 214 of the Securities and Futures Ordinance to address allegations of misconduct by LET Group Holdings Limited (01383) and the Chairman, Executive Director, and controlling shareholder of Summit Ascent Holdings Limited (00102), Lu Yan-yi. The Commission is seeking a court order for share repurchase to safeguard the rights of independent minority shareholders of the two companies.
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