Brief: Forebase International updates on legal proceedings

Times Universal group

30/03/2016 15:04

March 30 (Reuters) - Forebase International Holdings Ltd  2310.HK : 
 * Inside information update on legal proceedings  2310.HK  
 * Says company has sought legal advice from its legal adviser in relation to the three actions 
 * Up to the date hereof, zhi charles commenced three legal proceedings against the company and other persons 
 * Zhi's claims against the company in each of the three actions are not meritorious and even without cause 
 * Says the company will defend the claims in the three actions accordingly 
 * Says company has sought legal advice on the possible legal actions for appropriate remedies 
 * Source text (bit.ly/1RqAWha) 
 
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