by From Despair To Where? »
18 Aug 2023 23:44
Sutekh From Despair To Where? blythspartan Has anybody else seen tweets suggesting that Dai has been cleared of any financial wrongdoing in China and that although his company is currently suspended it is likely to resume in the future. Not sure if this could be better news for us or not.
I've done a quick Google search and there is a report dated today from Hong Kong confirming this to be the case.
Would imagine that it's good news for the club. The problems experienced with paying things might somehow be related to the suspension of his company.
Trading is still suspended because the investigation is ongoing, but it's been established that the current board, including Dai, were not involved in whatever went on. Yeah, it's good news but it looks like just a first step rather than a full resolution.