SGX files complaint against CEO of China Fibretech


SGX

Singapore Exchange (SGX) has filed complaints with authorities in China against Wu Xinhua, Executive Chairman and CEO of SGX-listed China Fibretech Ltd.

The complaint was made against Wu in relation to several alleged offences under the Chinese Penal Code.

The complaint was filed through lawyers appointed in both Singapore and China who have been advising SGX on the matter since 2016.

SGX has also concurrently referred the matter to the Singapore authorities.

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SGX files complaint against CEO of China Fibretech

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