CSRC criticises 12 listed companies for irregularities in asset deals

HONG KONG (AFX-ASIA) - The China Securities Regulatory Commission (CSRC) has issued a public criticism of twelve listed companies for irregularities in the purchase and sale of major assets, Xinhua reported.	    Of the twelve copanies, only Hengyang Jinli Agricultural Science and Technology Co mas mentioned by name in the report.	    Xinhua said the companies were disciplined for failing to register asset transactions with the CSRC or disclose the opinions of intermediate organizations on the transactions as required by law.	    The report said the CSRC hopes that the public criticism will remind listed firms of their obligations to disclose information regarding major asset transactions for the benefit of investors and the healthy development of the stock market. 

Related stock : (NIL)