Naomi Rovnick and Peggy Sito
Sep 01, 2009
Hopson Development Holdings (SEHK: 0754) was unable yesterday to clarify the whereabouts of its chairman, Chu Mang-yee, who investors, analysts and bankers claim has not appeared in public for more than six months.
However, chief executive Chen Changying did say Chu had not attended the property developer's most recent board meeting.
Brain fart of a CFO when asked....
Hopson chief financial officer Zhao Mingfeng, who was also asked about Chu's attendance at board meetings, said: "Why should I explain to you when he attends board meetings? This is your own concern, you should solve the problem by yourself."
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