Summary by Moomoo AI
China Sky Chemical Group Co., Ltd. (“China Sky Chemical”) issued a supplemental notice on 15 April 2024 clarifying that the parties petitioning against the company in the civil abuse litigation process pressured the company to redeem the bonds and did not provide the original bond certificate, resulting in losses for the Company. China Sky Chemical has filed a lawsuit with the High Court on this matter, and legal proceedings are currently underway. THE COMPANY WILL UPDATE SHAREHOLDERS AND INVESTORS ON THE PROGRESS OF THE PETITION IN DUE COURSE. The announcement reminds shareholders and potential investors to exercise caution when trading shares. The current Executive Directors include Mr. Lo Ziping, Mr. Tang Yifuan, Mr. Shing Ping Ru and Mr. Qian Chun Huan. The independent non-executive directors are Mr. Ma Wing Shin, Mr. Tam Cheng Hao and Mr. Hau Zhijee.