KHOON GROUP (00924): We are not aware of any other matters related to this issue that constitute inside information of the Company and are required to be disclosed in accordance with the insider trading provisions.
Kun Group (00924) has released an announcement that the Board of Directors of the company has noted a news report published on hk01.com on May 13, 2026 regarding certain assets of Mr. Chan (including several securities of the company) being subject to a restraining order by the Hong Kong High Court (referred to as "the matter").
KHOON GROUP (00924) Announcement: The Board of Directors of the Company has noted a news report published on hk01.com on May 13, 2026, regarding a restraining order issued by the High Court of Hong Kong on Mr. Chan's assets (including some securities of the Company).
After conducting all reasonable inquiries, the Board hereby clarifies the following:
(1) Based on the Company's current information, neither the Company nor any other member of the Group is a respondent, defendant, or party to the legal proceedings mentioned in the report. Directors, senior management, or employees of the Group are not involved in the matter or related issues, and have no association with it.
(2) As stated in the report, the matter primarily concerns Mr. Chan's personal assets, not any assets, business, or operations of the Group. The impact of the matter on the Group's business operations and financial condition, if any, is still being evaluated.
(3) Apart from disclosures in this announcement, sanction announcements, and other announcements published on the website of the Hong Kong Stock Exchange, the Board is not aware of any other matters related to the issue that constitute inside information requiring disclosure under insider trading regulations. The Company will continue to monitor the developments of the matter closely and will issue further announcements in accordance with listing rules, applicable laws, and regulations at the appropriate time.
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