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BRIEF-Yanchang Petroleum International Says Was Notified Of Legal Proceedings Against Unit

BRIEF-Yanchang Petroleum International Says Was Notified Of Legal Proceedings Against Unit

Reuters · 09/14/2022 08:32
BRIEF-Yanchang Petroleum International Says Was Notified Of Legal Proceedings Against Unit

- Yanchang Petroleum International Ltd 0346.HK:

  • NOTIFIED OF LEGAL PROCEEDINGS AGAINST UNIT

  • CLAIM MADE BY ZHOUSHAN SHENGYUAN PETROCHEMICAL AGAINST UNIT FOR PURCHASE AMOUNTS OF ABOUT RMB 23 MILLION

  • UNIT'S ASSETS WORTH RMB30.4 MILLION FROZEN BY A COURT ORDER

  • UNIT INVOLVED IN FOUR ADDITIONAL LEGAL PROCEEDINGS

  • GROUP IN COURSE OF SEEKING LEGAL ADVICE ON CLAIMS IN RESPECT OF LITIGATIONS

Further company coverage: 0346.HK


((Reuters.Briefs@thomsonreuters.com;))