Trapped in corruption investigation, parents force down its subsidiary

(AFX - Hong Kong)	With arrest of executive directors in its parent company by the Independent Commission Against Corruption, Road King Infrastructure (1098) slumped by 11% despite of its denial of any affiliation with the housing project. Both parents and subsidiary were suspended trading yesterday over the news that six management staff were arrested by ICCA pending under-table events. Despite the announcement that Road King was involved in the project, at 11:58 am Hong Kong time, it fell by 9.6% to HK$3.30 on turnover of HK$830,752.

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