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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Arko Hldgs | LSE:AKO | London | Ordinary Share | GB0003754743 | ORD 0.5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.425 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:7962K Arko Energy Holdings PLC 07 May 2003 Press announcement ARKO ENERGY HOLDINGS PLC A formal charge has been made today, 7 May, against Mr. K.C.Chin, the Chairman of the Company, and others, by the Independent Commission against Corruption in Hong Kong (the "ICAC"). The charge alleges that Mr. Chin conspired with others to "furnish information which to their knowledge was or might have been misleading, false or deceptive" in contravention of Hong Kong law. Mr. Chin believes that the charge arose out of the investigation launched by the ICAC in 2001 in relation to alleged offences committed by officers of the Sin Hua Bank. At all times since the ICAC investigation started in or around June 2001, Mr. Chin has maintained that any allegations of wrongdoing against him are without foundation. Indeed Mr. Chin had been preparing a case to seek a judicial review of the actions of the ICAC insofar as they related to him, a fact of which the ICAC was aware. Mr. Chin intends to contest vigorously the charges brought against him which he believes are without merit. His firm conviction is that when the case is heard in court, his innocence will be established and the allegations made against him, which have had a damaging effect on his personal and professional reputation, will finally be laid to rest. The Company wishes to clarify that the charges have been brought against Mr. Chin personally and do not relate in any way to the business of ARKO or any of its subsidiaries. The board of directors of the Company has confirmed that Mr. Chin will remain as Chairman. Further information will be made available in due course. This information is provided by RNS The company news service from the London Stock Exchange END MSCMGGGKFNRGFZM
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