Update (5646W)
November 22 2010 - 1:09AM
UK Regulatory
TIDMETC
RNS Number : 5646W
Et-china.com International Holdings
22 November 2010
ET-CHINA.COM INTERNATIONAL HOLDINGS LIMITED ("Et-china")
Update
Et-china, a leading travel services group in the fast growing
region of South China, has been notified that Mathew Ng, Chief
Executive Officer, has been detained by Guangzhou police as part of
their investigations as a suspect of the crime of misappropriation
of company assets. At present Et-china has no further information
about the cause of his detention. As far as Et-china is aware at
present Matthew Ng has not been charged with any offence.
Chris Rose, Non-Executive Director, will assume the role of
acting CEO of Et-china.
Chris Rose, acting CEO, commented "the Board are supportive of
Matthew and are seeking an early resolution of this matter to
enable him to resume his role as Chief Executive Officer as soon as
possible".
A further announcement will be made in due course.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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