Brief: Renaissance Asia Silk Road Says Received Writ Of Summons On Claims Brought By Third Party

Renaissance Asia Silk Road

18/08/2023 16:06

Aug 18 (Reuters) - Renaissance Asia Silk Road  0274.HK :
    * RECEIVED WRIT OF SUMMONS IN RELATION TO CLAIMS BROUGHT BY
A
THIRD PARTY
    * PLAINTIFFS ALLEGED THAT COMPANY WRONGFULLY DISPOSED OF
SALE
SHARES IN BREACH OF CERTAIN ALLEGED PRIOR ARRANGEMENT
    * CO IS NOT AWARE OF ANY ALLEGED PRIOR ARRANGEMENT INVOLVING
HUNAN
WESTRALIAN
    * PLAINTIFFS ALLEGED THAT CO, AND OTHER PARTIES CONSPIRED TO
ASSIGN SALE SHARES UNDER DISPOSAL AT VALUE SIGNIFICANTLY LESS
    * COMPANY WILL VIGOROUSLY DEFEND CLAIMS UNDER SAID
LITIGATION


Further company coverage:  0274.HK 

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