Landing International Development Ltd (0582.HK)
15 Feb 2019
HONG KONG, Nov 27 Casino operator and resort developer Landing International Development Ltd said its chairman and executive director, Yang Zhihui, resumed duties on Monday after assisted an investigation in China.
** Shares of Landing International Development Ltd slide as much as 8 percent after casino operator says it has no update on its missing chairman ** Co has been unable to contact Chairman Yang Zhihui since Thursday; close to half of its market value has been lost since last week ** A co spokeswoman told Reuters on Monday that the firm had no further update. The company says operations and finances were normal
HONG KONG Landing International Development Ltd said it has been unable to contact its chairman and controlling shareholder for over a day, sending its shares plummeting and wiping off almost half of the casino operator's market value in a two-day selloff.
* Philippines halted Landing casino project this month (Updates shares; adds comment from Cambodian immigration, context on Chinese government anti-corruption drive)
HONG KONG, Aug 24 Shares of Landing International Development slumped as much as 33 percent early on Friday after the casino company said it had been unable to contact its chairman since August 23.