[h=1]China Yuanbang executive chairman Chen Jianfeng under house arrest[/h]
Published on Jan 20, 2015 11:25 PM
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By Dennis Chan
SINGAPORE - China Yuanbang Property Holdings said it had recently been notified by the spouse of its executive chairman Chen Jianfeng that he is under house arrest.
In a statement to the Singapore Exchange, China Yuanbang said "Mr Chen is required by Shenzhen City People's Procuratorate of the People's Republic of China to stay at a designated residence since Dec 29 to assist the authority in its investigation in certain private matters".
It noted that these are not connected with the group.
"The company has not received any legal documents in connection with the investigation from any government authority."
- See more at: http://www.straitstimes.com/news/bu...use-arrest-2015#sthash.jHlNLtNV.sh5zGXyR.dpuf
Published on Jan 20, 2015 11:25 PM
0 5 0 0 PRINT EMAIL
By Dennis Chan
SINGAPORE - China Yuanbang Property Holdings said it had recently been notified by the spouse of its executive chairman Chen Jianfeng that he is under house arrest.
In a statement to the Singapore Exchange, China Yuanbang said "Mr Chen is required by Shenzhen City People's Procuratorate of the People's Republic of China to stay at a designated residence since Dec 29 to assist the authority in its investigation in certain private matters".
It noted that these are not connected with the group.
"The company has not received any legal documents in connection with the investigation from any government authority."
- See more at: http://www.straitstimes.com/news/bu...use-arrest-2015#sthash.jHlNLtNV.sh5zGXyR.dpuf
