Brief: Beyondspring Says Hengrui Initiated Arbitration Proceeding With China International Economic And Trade Arbitration Committee
20/09/2023 23:14
Sept 20 (Reuters) - Beyondspring Inc BYSI.O :
* BEYONDSPRING: CO, HENGRUI HAVE BEEN IN DISPUTE WITH
RESPECT TO
HENGRUI’S REQUEST TO UNILATERALLY TERMINATE AGREEMENT DATED
AUGUST 25, 2021
* BEYONDSPRING- HENGRUI HAS INITIATED AN ARBITRATION
PROCEEDING
WITH CHINA INTERNATIONAL ECONOMIC AND TRADE ARBITRATION
COMMITTEE
* BEYONDSPRING: AS INTERIM,CONSERVATORY MEASURE FOR
ARBITRATION
REGARDING DISPUTE WITH HENGRUI, ABOUT 70M RMB OF WANCHUNBULIN’S
ASSETS HAVE BEEN SEIZED
* BEYONDSPRING:AS INTERIM,CONSERVATORY MEASURE FOR
ARBITRATION
REGARDING DISPUTE WITH HENGRUI, ABOUT 70M RMB OF WANCHUNBULIN’S
ASSETS FROZEN ON TEMPORARY BASIS
* BEYONDSPRING: COMPANY INTENDS TO DEFEND ITSELF
Further company coverage: BYSI.O
((Reuters.Briefs@thomsonreuters.com;))
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