Brief: China Health Group updates on originating summons against Li Hong Holdings Ltd

China Health

30/03/2017 15:39

March 30 (Reuters) - China Health Group Ltd  0673.HK  
    * Refers to  announcements in relation to an originating 
summons against li hong holdings limited 
    * Defendant has undertaken not to file a winding up petition 
against co based on alleged outstanding sum 
    * Company has undertaken to pay sum of us$4 million or its 
equivalent into court and so paid on 19 october 2016 among other 
things 
    * On 30 September 2016,  hearing took place during which 
defendant has undertaken not to file a winding up petition 
    * It was concluded that plaintiff has shown that there is 
bona fide dispute of alleged outstanding sum on substantial 
grounds 
 
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