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1817 - Mulsanne Holding News Story

HK$8.02 0.5  5.9%

Last Trade - 16/04/21

Sector
Consumer Cyclicals
Size
Mid Cap
Market Cap £711.5m
Enterprise Value £763.8m
Revenue £318.3m
Position in Universe 1090th / 6093

BRIEF-Mulsanne Group Updates On Purported Termination Of Joint Venture With Million Success

Fri 14th August, 2020 1:29pm
Aug 14 (Reuters) - Mulsanne Group Holding Ltd  1817.HK :
    * MULSANNE GROUP HOLDING-  UPDATE ON PURPORTED TERMINATION
OF
JOINT VENTURE WITH MILLION SUCCESS
    * MULSANNE GROUP-CO & NINGBO CHISAGE MULSANNE RECEIVED
LETTER
DATED 7 AUG FROM PRC LEGAL ADVISERS TO MILLION SUCCESS REGARDING
TERMINATING JV AGREEMENT
    * MULSANNE- REITERATES POSITION THAT IT DOES NOT ACCEPT ANY
ALLEGATIONS MADE IN LETTER & SECOND LETTER
    * MULSANNE GROUP-  INTENDS TO DEFEND RIGHTS UNDER JV
AGREEMENT AND
ANY PROCEEDINGS THAT MAY BE BROUGHT BY MILLION SUCCESS

Source text for Eikon:  ID:nHKS4tcC5Q 
Further company coverage:  1817.HK 

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