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FingerTango Says No Directors Facing Bourse Disciplinary Action Hold Senior Positions
FingerTango Clarifies Management Changes Post-Disciplinary Action
FINGERTANGO (06860) provides the latest news regarding the disciplinary action statement issued by the stock exchange.
FINGERTANGO (06860) announces that it refers to the Hong Kong Exchanges and Clearing Limited on January 16, 2025...
FINGERTANGO (06860.HK): There are no restrictions preventing any former Director of the company and its subsidiaries from holding any Director or senior management positions as specified in the suitability statements and/or investor rights statements cite
On January 21, Gelonghui announced that FINGERTANGO (06860.HK) has made mention of the disciplinary action statement issued by the Stock Exchange on January 16, 2025, regarding the disciplinary actions against the company and eight former directors of the company. The Board of Directors hereby provides the latest information to shareholders and potential investors that, as of the announcement date, there are no restrictions on the former directors of the company mentioned in the disciplinary action statement regarding their eligibility or statements harming investor rights for holding any director or senior management positions in the company or its subsidiaries.
HKEX Imposes Sanctions on FingerTango, Sanctions Five Directors, Directs Three for Training
0.4 billion loans 80% impairment, the Hong Kong Stock Exchange condemns FINGERTANGO and its former Director.
① Apart from loan impairments, what other reasons are there for the criticism of the fingertip movements? ② What penalties have the company and its former Directors faced?