Brief: Eternity Investment Says Recently Became Aware Certain Bank Accounts Of Units Have Been Frozen

Eternity Investment

01/02/2023 12:58

Feb 1 (Reuters) - Eternity Investment Ltd  0764.HK :
    * RECENTLY BECAME AWARE THAT CERTAIN BANK ACCOUNTS OF UNITS
HAVE
BEEN FROZEN
    * DIRECTORS NOTED THAT FROZEN BANK ACCOUNTS HAVE BEEN FROZEN
BY A
CIVIL RULING DATED 13 JAN
    * FROZEN ACCOUNTS REGARDING ALLEGED UNSETTLED LIABILITY
BEFORE
ACQUISITION, PRINCIPAL & INTEREST OF WHICH AMOUNTED TO RMB44
MILLION
    * FROZEN BANK ACCOUNTS SHOULD NOT HAVE ANY MATERIAL ADVERSE
IMPACT
ON BUSINESS OPERATION OF GROUP
    * WILL CONTINUE TO INVESTIGATE CLAIM AND WILL SEEK LEGAL
ADVICE

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