Brief: China Automobile New Retail (Holdings) Says Got A Petition Filed Against Co

Lisi (Holdings)

29/10/2021 15:19

Oct 29 (Reuters) - China Automobile New Retail (Holdings)
Ltd  0526.HK :
    * GOT A PETITION FILED BY LIU YANWEI AGAINST CO
    * PETITION FOR AN ORDER THAT CO BE WOUND UP BY COURT
    * LIU YANWEI CLAIMED CO FAILED TO PAY HK$5.5 MILLION UNDER A
BONDS
ISSUED BY CO TO PETITIONER
    * PETITION HAS NO MATERIAL ADVERSE IMPACT ON BUSINESS
OPERATIONS
OF CO
    * IN COURSE OF CONSIDERING ITS OPTIONS AND SEEKING LEGAL
ADVICE ON
MATTER

Further company coverage:  0526.HK 

 ((Reuters.Briefs@thomsonreuters.com;))