May 15, 2018 / 9:05 PM / 5 months ago

BRIEF-Link Motion Provides Update On Filing Of Form 20-F

May 15 (Reuters) - Link Motion Inc:

* LINK MOTION PROVIDES UPDATE ON FILING OF FORM 20-F

* LINK MOTION - DURING FINAL PREPARATION OF CO’S 2017 20-F, MANAGEMENT IDENTIFIED AN ERROR REGARDING CLASSIFICATION OF RMB512 MILLION OF CO’S TERM DEPOSITS

* LINK MOTION - DETERMINED THAT PREVIOUSLY ISSUED FINANCIAL STATEMENTS FOR PERIODS ENDING IN Q2, Q3, Q4, FY 2016, 2016 20-F, SHOULD NO LONGER BE RELIED UPON

* LINK MOTION - DETERMINED THAT UNAUDITED FINANCIALS RELEASED IN ALL PERIODS IN 2017 INCLUDING ENTIRE 2017 FINANCIAL YEAR SHOULD NO LONGER BE RELIED UPON

* LINK MOTION - A COMMITTEE OF INDEPENDENT DIRECTORS OF CO’S BOARD HAS BEEN INVESTIGATING ALLEGATIONS RAISED BY A FORMER SENIOR EXECUTIVE OF CO

* LINK MOTION - A FORMER SENIOR EXECUTIVE OF CO HAS ADVANCED ALLEGATIONS REGARDING CIRCUMSTANCES SURROUNDING THE EXECUTIVE’S DEPARTURE FROM CO Source text for Eikon: Further company coverage:

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