LET Group Holdings, a Hong Kong-listed investment holding company, has announced that its agreement to formally sell the licensee of its Tigre De Cristal Resort, located in Vladivostok, for $116 million, has been encouraged by uncertainties over the conflict between Ukraine and Russia.
Resignations due to disapproval of the sales contract:
The said firm also unveiled that every single one of its independent non-executive directors has officially left the firm due to their disagreement of the aforementioned agreement, which took effect on Jan. 15, according to the same filling with the Hong Kong Stock Exchange.
In this sense, the ruling opposed by the aforementioned directors included t…