Core Viewpoint - The company, Haixia Petrochemical (00852), has initiated legal proceedings against former directors for alleged breaches of fiduciary duties related to oil trading transactions, claiming damages of approximately RMB 37 million [1] Legal Proceedings - Haixia Petrochemical's subsidiary, Haixia Petrochemical Limited, has filed a writ against former directors Yao Guoliang and Tan Xiao in the High Court of the Hong Kong Special Administrative Region [1] - The lawsuit pertains to alleged violations of fiduciary, common law, and statutory duties during oil trading transactions conducted at the end of 2024 [1] - The company seeks compensation for losses incurred from the transactions, totaling around RMB 37 million, and requests the court to declare related meetings and resolutions invalid [1] Future Actions - The company will continue to seek legal advice regarding the matter and will issue further announcements in accordance with listing rules to keep shareholders and potential investors informed of significant developments [1]
海峡石油化工：海峡香港对姚国梁及谭笑向香港特别行政区高等法院提交传讯令状