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Lydia Holding Says No Asset Restrictions Affect Company or Staff
The company told KAP that no account freeze, asset seizure or similar measure applies to its assets or those of directors and employees.
Key takeaways
- Lydia Holding said no asset freeze, seizure or similar measure applies to the company, its directors or employees.
- The company made the statement in response to reports circulating publicly.
Lydia Holding told KAP on Oct. 13 that no account freeze, asset seizure or similar measure applies to the assets of the company, its board members or employees. The company said it issued the clarification in response to reports circulating publicly.
For shareholders, the statement means the company says those assets are not subject to such restrictions. It does not announce a transaction or a change in company ownership.
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This article was produced with the help of AI technology. Source: Yahoo Finance
