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Home / Capital / Update

Best World files defamation suit against short seller Bonitas; calls to lift trading halt following 1Q results release

Update

Best World files defamation suit against short seller Bonitas; calls to lift trading halt following 1Q results release

Michelle Zhu Published on Thu, May 09, 2019 / 7:50 AM GMT+8

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SINGAPORE (May 9): Best World has issued a statement that says it “strongly refutes” an April 24 short seller report by Bonitas Research, where it alleged the group’s sales in China are a fraction of what was reported to its shareholders, among other issues raised in the report which the group insists are untrue.

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