Strong Petrochemical Holdings (HKG:0852) said certain accounting and human resource records, contracts, and other documents along with certain hardware and furniture among other things were stolen from the company's former Hong Kong head office.
The theft was discovered after the company's extraordinary general meeting on Jan. 25 at the 28/F, Overseas Trust Bank Building, 160 Gloucester Road, Wan Chai, Hong Kong, which was occupied by the company's former management before the EGM.
The company said it will not be able to publish its annual results for 2024 by March 31 due to the theft of required documents and records, a Friday bourse filing said.
The company has reported the matter to the Hong Kong police. Meanwhile, it has also found certain preliminary evidence tending to indicate possible substantial misconduct by the former management.
The company also said it has established an independent board committee to investigate the matters related to certain intra-company allegations and the possible substantial misconduct of the former management of the company.
Price (HKD): $0.17, Change: $-0.012, Percent Change: -6.74%
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