Imperial Pacific International (CNMI) LLC has issued a statement to quash a recent unfounded rumor on social media about a senior company executive and the financial status of the company.
“The rumor is completely baseless and untrue. If, in fact, Imperial Pacific had or will be initiating bankruptcy proceedings, an announcement with the Hong Kong Stock Exchange would have been made. However, no announcement has been made, hence the rumor of the bankruptcy proceeding is completely false,” the statement said.
It adds that Imperial Pacific Holdings has taken legal action against the original online source spreading the “slanderous fake news.” (IPI)