Source:
https://scmp.com/article/964433/lai-see

Lai See

Summons pitfall for Mongolian miner

Things seem to have gone slightly awry at Mongolia Investment Group, a small listed company on the Hong Kong stock exchange. Just over two weeks ago the directors approved a resolution for a share placement amounting to 18.5 per cent of its company's existing issued share capital and expected to raise HK$88.4 million. However, several days later a group of six shareholders, which included two executive directors, issued a summons against the other 10 directors, the company itself, and the placing agent Quam Capital demanded the placing not proceed.