Next Digital, which was founded by now-imprisoned tycoon Jimmy Lai, said in a stock exchange filing Sunday that its remaining four directors would step down, to best “protect shareholders, creditors, employees and former employees.” The directors are Chairman Ip Yut Kin, Louis Gordon Crovitz, Mark Lambert Clifford and Lam Chung Yan.
It also said it was seeking a liquidation of the company’s assets, but hoped Apple Daily may live on in Taiwan, where it still has an online edition, under new owners.
The company noted that Next Digital’s shares had already been suspended from trading in June. That’s when top Apple Daily executives and editors were arrested in Hong Kong for allegedly violating the national security law. The law bans any act…
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