Brief: Lorenzo International Updates On Legal Proceedings In Relation To Disposal Of Stake In A Unit
29/03/2021 11:55
March 29 (Reuters) - Lorenzo International Ltd LRZI.SI :
* LORENZO INTERNATIONAL UPDATES ON LEGAL PROCEEDINGS BY
INDEPENDENT THIRD PARTY IN RELATION TO DISPOSAL OF CO'S STAKE IN
A UNIT
* COURT INSTRUCTED THAT SALE OF LORENZO FURNITURE (KUNSHAN)
BE
COMPLETED WITHIN A MONTH FROM 17 MARCH
* COURT IN CHINA JUDGED IN FAVOUR OF TO SHANGHAI KUNHAO WOOD
INDUSTRY AND AWARDED RMB18 MILLION DAMAGES TO IT
Source text for Eikon: ID:nSN6jLdsr
Further company coverage: LRZI.SI
(Reuters.Briefs@thomsonreuters.com)
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Brief: Lorenzo International Updates On Legal Proceedings In Relation To Disposal Of Stake In A Unit