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3822 — Sam Woo Construction News Story

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Brief: Sam Woo Construction Group Says Units Received Writ Of Summons

Jan 18 (Reuters) - Sam Woo Construction Group Ltd
 3822.HK :
    * UNITS RECEIVED WRIT OF SUMMONS WITH INDORSEMENT OF CLAIM
LODGED
BY BUILD KING CONSTRUCTION
    * SUMMONS IN RELATION TO CLAIM OF PAYMENT UNDER 
SUB-CONTRACT
AGREEMENT WITH SWBP DATED 2015
    * SUMMONS IN RELATION TO  CLAIM OF PAYMENT UNDER PROJECT
MANAGEMENT SERVICES AGREEMENT WITH AAFL DATED  2016
    * CLAIM OF PAYMENT FOR SUMS OF ABOUT HK$52.9 MILLION AND
HK$1.7
MILLION RESPECTIVELY
    * UNITS DISAGREE WITH CLAIMS BY PLAINTIFF
    * UNITS ARE SEEKING LEGAL ADVICE AND INTEND TO DEFEND THEIR
POSITIONS

Further company coverage:  3822.HK 
 ((Reuters.Briefs@thomsonreuters.com;))

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