DFCT D F China Technology (MM)

DiChain May Sue the Former CEO of DF China Technology, The Standard Reported HONG KONG, Nov. 7 /PRNewswire-FirstCall/ -- DF China Technology, Inc. might consider legal action against the expelled management of Nasdaq-listed DF China Technology over allegedly missing assets and cash, reported by The Standard, a Hong Kong business daily. 'We are still investigating the situation, and we would not rule out legal action against the ex-CEO,' newly-appointed executive director Aaron Zhu (Executive Director and Chief Financial Officer of DF China Technology) said,' quoted by The Standard. The daily also reported that the major shareholder and logistics solutions provider, China Merchants DiChain (Asia) Limited (listed on The Stock Exchange of Hong Kong Limited; stock code: 0632) took over DF China Technology in May, ousting chairman Horace Yao, chief executive officer Cheung Kam-wa and director Kenneth Mak. DATASOURCE: iPR ASIA LTD. on behalf of DF China Technology, Inc. CONTACT: Jane Yip, Senior Consultant of iPR ASIA LTD., +852-2136-6175,

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