SYDNEY—The Australian bourse said on July 19 it is investigating the mass resignations of directors at two Australia-listed Chinese agricultural companies, in one case over a rumored probe of criminal connections to its plantations in China.
One of the firms recently losing directors, citrus grower Dongfang Modern Agriculture Holding Group Ltd, told the exchange late on Thursday the abrupt resignations in June of almost the entire board was due to a rumored criminal investigation of its plantations.
