Core Viewpoint - The company is taking legal action against former directors for alleged breaches of trust and legal responsibilities related to oil trading transactions, seeking approximately 37 million in damages [1] Group 1: Legal Action - The company's indirect wholly-owned subsidiary filed a summons with the High Court of Hong Kong on October 15, 2025, against former directors Yao Guoliang and Tan Xiao [1] - The lawsuit claims that the former directors violated their trust and legal obligations during oil trading transactions conducted with external parties in 2024 [1] - The company is seeking compensation for losses and damages amounting to approximately 37 million [1] Group 2: Court Proceedings and Share Trading - The company is requesting the court to declare the meetings and resolutions related to the transactions invalid or to further revoke the relevant resolutions [1] - The company’s shares will be suspended from trading on the Hong Kong Stock Exchange starting from 9 AM on December 31, 2024, until further notice [1] - The company urges shareholders and potential investors to exercise caution when trading shares [1] Group 3: Future Communications - The company will continue to seek legal advice and will issue further announcements in accordance with listing rules to keep shareholders and potential investors informed of significant developments [1]
海峡石油化工状告前董事，索赔3700万并要求撤销相关决议