Brief: Sincere Watch (Hong Kong) Says Unit Issued Notice Of Arbitration To Multicontinental Distribution (Asia) Dmcc
Jan 20 (Reuters) - Sincere Watch (Hong Kong) 0444.HK :
* UNIT ISSUED NOTICE OF ARBITRATION TO MULTICONTINENTAL
DISTRIBUTION (ASIA) DMCC
* ARBITRATION ISSUED CONCERNING RESPONDENT'S BREACHES OF
EXCLUSIVE
DISTRIBUTOR AGREEMENT
* SBML IS CLAIMING FOR, DECLARATION THAT EXCLUSIVE
DISTRIBUTOR
DEAL IS STILL VALID
* SBML IS SEEKING DAMAGES FOR WRONGFUL INTERVENTION OF
SBML'S
BUSINESS WITHIN EXCLUSIVE TERRITORY
Further company coverage: 0444.HK
((Reuters.Briefs@thomsonreuters.com;))
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