BRIEF-Metaverse Yunji Technology Says Investigation Team Filed Case To Hong Kong Police Force

Reuters2023-09-11

Sept 11 (Reuters) - Metaverse Yunji Technology Group Co

* INVESTIGATION TEAM FILED CASE IN RELATION TO ADDITIONAL WITHDRAWALS TO HONG KONG POLICE FORCE

* INVESTIGATION TEAM CONSIDERING A POSSIBLE CIVIL CLAIM AGAINST RELEVANT EX-MANAGEMENT TO RECOVER DISSIPATED FUND

* UNIT RECEIVED DEMAND FROM SHINHAN BANK

* TRADING IN SHARES OF COMPANY WILL REMAIN SUSPENDED UNTIL FURTHER NOTICE

* DEMAND FOR REPAYMENT OF OUTSTANDING LOAN IN AMOUNT OF RMB4.8 MILLION

* ZIONCOM (SHENZHEN) UNLIKELY TO BE ABLE TO REPAY DEMANDED SUM AND OTHER LOANS WHICH IS GOING TO FALL DUE

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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