Brief: Jtf International Updates On Litigation

JTF International Holdings

02/01/2024 15:26

Jan 2 (Reuters) - JTF International Holdings Ltd
 9689.HK :
    * UPDATE ON LITIGATION
    * ON DEC 29, 2023, JTF (PRC) ORDERED TO PAY CURRENT CREDITOR
REMAINING OUTSTANDING BALANCE OF LOAN OF RMB4.2 MILLION, AMONG
OTHERS
    * LITIGATION WILL NOT HAVE MATERIAL ADVERSE IMPACT ON
FINANCIAL
POSITION AND BUSINESS OPERATION OF GROUP
    * CONTROLLING SHAREHOLDERS OF CO AGREED TO INDEMNIFY GROUP, 
PURSUANT TO DEED OF INDEMNITY, AGAINST ANY CLAIMS

Further company coverage:  9689.HK 

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