In a Shanghai Stock Exchange announcement, Zenith says it has also scrapped its motion to change the boards of Founder Securities in an upcoming extraordinary general meeting. Photo: Bloomberg In a Shanghai Stock Exchange announcement, Zenith says it has also scrapped its motion to change the boards of Founder Securities in an upcoming extraordinary general meeting. Photo: Bloomberg
In a Shanghai Stock Exchange announcement, Zenith says it has also scrapped its motion to change the boards of Founder Securities in an upcoming extraordinary general meeting. Photo: Bloomberg

Chinese developer Zenith withdraws 1.26b yuan action against Founder

Bitter dispute marked by corruption allegations against Founder executives seems to have ended

In a Shanghai Stock Exchange announcement, Zenith says it has also scrapped its motion to change the boards of Founder Securities in an upcoming extraordinary general meeting. Photo: Bloomberg In a Shanghai Stock Exchange announcement, Zenith says it has also scrapped its motion to change the boards of Founder Securities in an upcoming extraordinary general meeting. Photo: Bloomberg
In a Shanghai Stock Exchange announcement, Zenith says it has also scrapped its motion to change the boards of Founder Securities in an upcoming extraordinary general meeting. Photo: Bloomberg
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