Brief: Cortina Says Sincere Brand Management Commenced Proceedings Against Group In Hong Kong

Cortina Holdings

28/06/2023 17:02

June 28 (Reuters) - Cortina Holdings Ltd  CORT.SI :
    * SINCERE BRAND MANAGEMENT HAS COMMENCED PROCEEDINGS AGAINST
GROUP
IN HIGH COURT OF HONG KONG SPECIAL ADMINISTRATIVE REGION
    * PROCEEDINGS AGAINST GROUP BY ISSUANCE OF A WRIT OF SUMMONS
AND
BY WAY OF AN ORIGINATING SUMMONS
    * SBML HAS APPLIED TO HK HIGH COURT FOR, AMONGST OTHER
THINGS, AN
INTERIM INJUNCTION TO RESTRAIN CO'S HK SUBSIDIARIES
    * SBML STATES IN WRIT THAT MULTICONTINENTAL DISTRIBUTION
(ASIA)
WROTE TO SBML "PURPORTING TO TERMINATE" EXCLUSIVE
DISTRIBUTORSHIP AGREEMENT
    * SBML ALLEGES THAT GROUNDS OF TERMINATION THAT
MULTICONTINENTAL
DISTRIBUTION (ASIA) DMCC HAD RELIED ON WERE INVALID

Source text for Eikon:  ID:nSN3yzN7R 
Further company coverage:  CORT.SI 

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