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Hong Kong Freezes Listed Shares of Media Tycoon Jimmy Lai Under Security Law

HONG KONG Hong Kong authorities on Friday froze assets belonging to jailed media tycoon Jimmy Lai, including all shares . ....

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Hong Kong Frozen Media Tycoon Li's Shares Under Security Law | Business Wire Hong Kong Protest News

Using the power of securities laws to target a listed company for the first time may have an impact on investor sentiment in the city.
The Hong Kong authorities have frozen the assets of the jailed media tycoon Li Meimei, including all shares in his company Next Digital. This is the first time that a listed company has been attacked by the National Security Law of the Financial Center.
In a government statement, Hong Kong Security Service Director John Lee said that among the target assets are the local bank accounts of three Lai’s companies.
The statement was released after the market closed on Friday, stating that Mr. Li had issued a notice, “frozen in writing all shares of Next Digital Limited held by (Jimmy) Li Zhiying and the ownership of the property in three local bank accounts By him”. ....

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Hong Kong freezes listed shares of media tycoon Lai under security law

Hong Kong freezes listed shares of media tycoon Lai under security law
FILE PHOTO: Media mogul Jimmy Lai Chee-ying, founder of Apple Daily arrives at West Kowloon Courts in Hong Kong, China October 15, 2020. REUTERS/Tyrone Siu reuters tickers
This content was published on May 14, 2021 - 15:31
May 14, 2021 - 15:31
By Twinnie Siu and Jessie Pang
HONG KONG (Reuters) -Hong Kong authorities on Friday froze assets belonging to jailed media tycoon Jimmy Lai, including all shares in his company, Next Digital - the first time a listed firm has been targeted by national security laws in the financial hub.
Also among assets targeted were the local bank accounts of three companies owned by him, Hong Kong s Secretary for Security John Lee said in a government statement. ....

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Hong Kong government freezes assets of media tycoon Jimmy Lai

Hong Kong government freezes assets of media tycoon Jimmy Lai
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Hong Kong , Jimmy Lai Chee Ying , Twinnie Siu , Andrew Hevens , Hong Kong Security Bureau , Security Bureau , Next Digital Limited , ஹாங் காங் , ஜிம்மி லாய் சீ யிங் , ஹாங் காங் பாதுகாப்பு பணியகம் , பாதுகாப்பு பணியகம் , அடுத்தது டிஜிட்டல் வரையறுக்கப்பட்டவை ,

Next Digital : TERMINATION OF MEMORANDUM OF UNDERSTANDING IN RELATION TO THE PROPOSED DISPOSAL OF A SUBSIDIARY

Message :
Required fields
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
NEXT DIGITAL LIMITED
(Stock Code: 00282)
IN RELATION TO
A SUBSIDIARY
Reference is made to the announcement dated 19 April 2021 (the Announcement ) issued by Next Digital Limited (the Company ) in relation to the Proposed Disposal of the entire issued share capital of the Target Company. Capitalised terms used herein have the same meanings as defined in the Announcement unless the context otherwise requires. ....

Hong Kong , Chang Yue Shing , Chung Yan , Mark Lambert Clifford , Louis Gordon Crovitz , Ip Yut Kin , Stock Exchange Of Hong Kong , Incorporated In Hong Kong , Digital Limited The Company , Hong Kong Exchanges , Clearing Limited , Stock Exchange , Hong Kong Limited , Stock Code , Next Digital Limited , Proposed Disposal , Target Company , Executive Officer , Non Executive Directors , Lam Chung Yan , Chow Tat Kuen , Chang Yue , Next Digital Limited Stock Exchange , Press Release , O 282 Hk0000271764 , ஹாங் காங் ,