As of Oct 20, the reasons for these actions and any charges against these individuals have not been verified, according to the company.
The business and affairs of Yuchai continue to be led by Li Hanyang, the chairman of Yuchai’s board of directors, and daily business operations are continuing uninterrupted and in the ordinary course.
Chen Hai, a vice president of Yuchai, is assisting to carry out the role of president of Yuchai in Wu’s absence, the company said.
Hong Leong Asia's shares have fallen by 11% on Oct 21.
