Brief: Renco Says Circuit Court Of 17Th Judicial Circuit In And For Broward County Gave Judgment

Renco Holdings

31/07/2023 13:23

July 31 (Reuters) - Renco Holdings Group Ltd  2323.HK :
    * CIRCUIT COURT OF 17TH JUDICIAL CIRCUIT IN AND FOR BROWARD
COUNTY
HANDED DOWN JUDGMENT ON 19 JULY
    * JUDGMENT IN RELATION TO A CLAIM MADE BY TOPSEARCH MACAO
AGAINST
CIRCUITRONIX LLC
    * JUDGMENT IN FAVOUR OF TOPSEARCH MACAO AND TOPSEARCH MACAO
WILL
BE ENTITLED TO RECEIVE 100% OF DAMAGES SOUGHT AGAINST CTX
    * NET AMOUNT THAT TOPSEARCH MACAO WAS ADJUDGED TO PAY CTX IN
JUDGEMENT IS IN SUM OF US$6.9 MILLION
    * JUDGMENT WILL NOT HAVE ANY MATERIAL ADVERSE IMPACT ON
FINANCIAL
POSITION OR OPERATIONS

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