Developer Seazen Loses Contact With Co-President Qu Dejun

What’s new: Qu Dejun, co-president and member of the board of Chinese developer Seazen Holdings Co., is out of touch with the company and is involved in an investigation related to his career at Wanda Group, a person familiar with the matter told Caixin.

Seazen said Friday in a filing that it is unable to get in touch with Qu and is unaware of the reason. The Shanghai-traded company said the situation doesn’t affect its normal operation.