Brief: Credit Intelligence Announces Update On Legal Action By Former Executive Chairman
March 12 (Reuters) - Credit Intelligence Ltd CI1.AX :
* LEGAL ACTION BY FORMER EXECUTIVE CHAIRMAN - UPDATE
* ON 7 FEB OFFICIAL RECEIVER'S OFFICE ISSUED TWO LETTERS
* HONG KONG DEBT MANAGEMENT SERVICES AWARDED NEW CONTRACT AS
PROVISIONAL TRUSTEES
* WILL COOPERATE IN FULL WITH ORO FOR INVESTIGATION
* CURRENTLY HAS SUFFICIENT FUNDING TO OPERATE AS A GOING
CONCERN
* BOARD WILL CONSIDER REQUIREMENT FOR FUNDING ON AN ONGOING
BASIS
Further company coverage: CI1.AX
((Reuters.Briefs@thomsonreuters.com;))
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