Brief: Beijing Ubox Online Technology Corp Receives Notice Of Arbitration Filed By Guangzhou Fuyu Intelligent Technology Co

Beijing UBOX Online Technology

17/10/2024 12:45

Oct 17 (Reuters) - Beijing UBOX Online Technology Corp
 2429.HK :
    * RECEIVED NOTICE OF ARBITRATION FILED BY GUANGZHOU FUYU
INTELLIGENT TECHNOLOGY CO WITH CHINA INTERNATIONAL ECONOMIC AND
TRADE ARBITRATION COMMISSION
    * ARBITRATION ON CERTAIN DISPUTES ARISING FROM INVESTMENT
DEAL
ENTERED BETWEEN GUANGZHOU FUYU AND CO ON JUNE 15, 2021
    * UNDER NOTICE, GUANGZHOU FUYU INTELLIGENT TECHNOLOGY CO
CLAIMS 
RMB145.1 MILLION, OTHERS
    * IN COURSE OF SEEKING LEGAL ADVICE ON ARBITRATION
PROCEEDING

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