Regulators hand down rectification order for Legend Holdings

China's securities regulator on Thursday ordered Legend Holdings to rectify information disclosure issues.

Legend Holdings failed to file timely, complete and accurate disclosures regarding certain information, the Beijing bureau of the China Securities Regulatory Commission said in a statement on its website.

Legend Holdings said in a filing it attaches great importance to the problems, it will rectify them as soon as possible and submit a report to the bureau.

The company said its operations are normal and stable and all of its bonds have been paid in full and on schedule, and no default has occurred. The above regulatory measures will not affect the company's operation, financial status and its capabilities to pay debts.