Brief: Figtree Says Legal Proceedings Commenced By Figtree Projects (Shanghai) Against Vibrant Pucheng
Feb 13 (Reuters) - Figtree Holdings Ltd FIGT.SI :
* LEGAL PROCEEDINGS HAVE BEEN COMMENCED BY FIGTREE PROJECTS
(SHANGHAI) CO AGAINST VIBRANT PUCHENG
* UNDER PROCEEDINGS FIGTREE SHANGHAI IS CLAIMING AGAINST
VIBRANT
PUCHENG FOR AGGREGATE AMOUNT OF RMB 67.1 MILLION
* IF CO NOT RECOVER FULL AMOUNTS OWED BY VIBRANT PUCHENG,
THERE
MAY BE MATERIAL IMPACT ON FINANCIAL PERFORMANCE FOR FY23
Source text for Eikon: ID:nSN8HYc2q
Further company coverage: FIGT.SI
((Reuters.Briefs@thomsonreuters.com;))
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