Sino-Forest, the Chinese timber company facing allegations of accounting irregularities, said on Sunday that Allen Chan, its chairman and chief executive, had voluntarily resigned.
The announcement followed a suspension of trading in shares of the Toronto-listed company by the Ontario Securities Commission, which alleged that Mr Chan and other senior company executives “appear” to have misrepresented revenues.
Shares in Sino-Forest have plunged since June, when research group Muddy Waters, which had a short position on Sino-Forest stock, issued a report that alleged the company was a fraud.
您已閱讀32%（595字），剩餘68%（1282字）包含更多重要資訊，訂閱以繼續探索完整內容，並享受更多專屬服務。