Time on 25 August reported that Landing International Development Ltd shares plunged after the casino operator said Chairman Yang Zhihui was unreachable. Yang is said to be a target of investigators looking into ties with China Huarong Asset Management Co, a state-owned bad-debt manager whose former chairman, Lai Xiaomin, is under investigation for alleged corruption. The news came just 2 weeks after the company’s $1.5 billion Philippine project was thrown into doubt.
http://time.com/5378122/missing-chinese-ex-billionaire-casino-stock-tanks/?src=ilaw
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