Brief: CITIC Dameng Holdings updates on litigation involving a unit in China
11/12/2015 11:13
Dec 11 (Reuters) - CITIC Dameng Holdings Ltd 1091.HK : * Voluntary announcement a litigation involving a subsidiary in the people's republic of China * Noted that unit CDM Tiandeng Branch and Citic Dameng Mining Industries Co have been named as 1st and 2nd defendants in a writ of summons * Writ of summons filed with intermediate people's court of the Guangxi Zhuang autonomous region, the people's republic of China * Legal proceedings do not have material adverse impact on the normal business and operation of the group * Says company considers that the plaintiff's claims do not have any legal basis * Sought advice from the legal advisers and will vigorously defend the legal proceedings * Source text for Eikon ID:nHKS9x1v78 ((For more news, please click here 1091.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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