A case of disclosure lapse by CNQC?

CNQC (South Pacific), known for developing mass-market condominiums and executive condominiums in Singapore under the "Qingjian Realty" brand, underwent a backdoor listing in Hong Kong without any apparent glitch this month.

The exercise saw Hong Kong-listed building contractor CNQC International making a reverse takeover of CNQC (South Pacific) and its subsidiaries from Guotsing Holding (South Pacific) Investment Pte Ltd or in short, Guotsing SG.

But there appears to be a major omission in the disclosures by CNQC International, relating to an ongoing law suit in Singapore involving Qingjian Realty and other affiliated parties suing two Singaporeans for defamation.