SIIC Environment Holdings (SG:BHK) has released an update.
SIIC Environment Holdings Ltd. has issued a supplemental announcement following a warning and penalties imposed on director Mr. Xu Xiaobing by the China Securities Regulatory Commission (Shanghai). The company’s Nomination Committee and Board of Directors, excluding Mr. Xu, have reviewed the issues and found no evidence of dishonesty or impact on his role with the company. They confirm his ongoing positive contributions and his commitment to additional regulatory and legal training.
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