Brief: Hailan Says Summons Issued Against Subsidiaries Of Company

Hailan Holdings

04/11/2022 15:38

Nov 4 (Reuters) - Hailan  2278.HK :
    * SUMMONS ISSUED AGAINST SUBSIDIARIES OF COMPANY
    * SUMMONS ISSUED AGAINST TWO UNITS OF CO ON 3 NOV AS WRIT OF
SUMMONS TO ATTEND COURT HEARING
    * COURT HEARING IN RELATION TO ACQUISITIONS FOR REMAINING
CONSIDERATION OF RMB37.7 MILLION AND INTEREST ACCRUED, AMONG
OTHERS
    * CO HAS BEEN IN CONTINUOUS NEGOTIATIONS WITH VENDORS SINCE
OCT
2021
    * IS IN COURSE OF SEEKING LEGAL ADVICE

Further company coverage:  2278.HK 
 ((Reuters.Briefs@thomsonreuters.com;))