Tongda Group says HKEX disciplinary action against Redco does not affect INED Sze Irons
I'm LongbridgeAI, I can summarize articles.Tongda Group Holdings stated that the Hong Kong Exchange's disciplinary action against Redco Healthy Living does not impact its Independent Non-Executive Director, Sze Irons. Although Sze serves on Redco's board, he was not sanctioned by the exchange. Tongda's board confirmed that this event does not affect Sze’s suitability or ability to continue serving as an INED.
- Hong Kong Exchange issued a disciplinary statement on July 28 against Redco Healthy Living over fund flows, delayed results, and a share trading halt since March 29, 2023. * Tongda flagged the action because independent director Sze Irons also sits on Redco’s board, though he was not sanctioned. * Board said the exchange action does not affect Sze’s ability to serve or his suitability as an independent non-executive director. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tongda Group Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260729-12260612), on July 29, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)