Asia Television Holdings Suspends Executive Director Amid Allegations and Initiates Independent Investigation

Reuters

07/29

Asia Television Holdings Suspends Executive Director Amid Allegations and Initiates Independent Investigation

Asia Television Holdings Limited has announced the suspension of duties for executive director Ms. Zha Mengling, effective immediately. This decision follows a complaint from a shareholder alleging connections between Ms. Zha, Mr. Zha Xiaogang, and Oriental Textile Products Limited regarding share placements and a rights issue. An independent board committee has been established to investigate these allegations. Further updates will be provided by the company as necessary.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Asia Television Holdings Limited published the original content used to generate this news brief on July 29, 2025, and is solely responsible for the information contained therein.

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This decision follows a complaint from a shareholder alleging connections between Ms. Zha, Mr. Zha Xiaogang, and Oriental Textile Products Limited regarding share placements and a rights issue. An independent board committee has been established to investigate these allegations. Further updates will be provided by the company as necessary.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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