Brief: Tai United Updates On Litigation Claims Against A Subsidiary Of Company

Tai United Holdings

30/04/2024 11:27

April 30 (Reuters) - Tai United Holdings Ltd  0718.HK :
    * UPDATE ON LITIGATION CLAIMS AGAINST A SUBSIDIARY OF
COMPANY
    * GUANGZHOU RONGZHI RECENTLY RECEIVED THREE JUDGMENTS IN
RELATION
TO LITIGATION CLAIMS AGAINST IT
    * LITIGATION CLAIMS AGAINST GUANGZHOU RONGZHI WITH ON LOANS
TAKEN
OUT BY LIAONING RENHE XINTIANDI PUBLIC FACILITIES MANAGEMENT,
OTHERS
    * RELEVANT PRC COURT ORDERED DEFENDANTS TO LITIGATION CLAIMS
PAY
CLAIMANT BANK JUDGMENT AMOUNT IN AGGREGATE OF RMB198.2 MILLION,
OTHERS
    * BOTH CO AND GUANGZHOU RONGZHI ARE SEEKING LEGAL ADVICE ON
JUDGMENTS
    * TRADING IN ALL SECURITIES OF CO ON MAIN BOARD OF HKEX WILL
REMAIN SUSPENDED UNTIL FURTHER NOTICE


Further company coverage:  0718.HK 

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