China Metal Recycling faces 'forensic' review ordered by HKEx
Headlines | 2013-04-01 11:54:13
China Metal Recycling (CMR) must give a detailed rebuttal of accusations from a US-based research group before its shares can be opened for trading again, the Hong Kong Stock Exchange has said.
By Paul Ploumis
Shanghai: China Metal Recycling (CMR) must give a detailed rebuttal of accusations from a US-based research group before its shares can be opened for trading again, the Hong Kong Stock Exchange has said.
The firm’s shares were suspended two months ago after Glaucus Research published a report questioning a range of claims by CMR about its business. CMR has denied the allegations but has yet to issue a detailed response.
Courtesy : metalbulletin.com
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