Claims against XDL unit withdrawn

TheStar Fri, Jan 11, 2019 08:07am - 5 years View Original


HongPeng Footwear is a wholly owned subsidiary of XDL, which was incorporated in China, and is principally engaged in the design, manufacturing and marketing of sports shoes.

HongPeng Footwear is a wholly owned subsidiary of XDL, which was incorporated in China, and is principally engaged in the design, manufacturing and marketing of sports shoes.

PETALING JAYA: Four claims made against a subsidiary of Xidelang Holdings Ltd (XDL) in China have been withdrawn and the cases have been closed, the group says.

A separate claim, made by XDL’s unit against another party, has also been withdrawn, it said.

   

In a filing with Bursa Malaysia, XDL said it had been made aware from the China Judgement Online website that there were several litigation matters involving its unit Fujian Province Jinjiang City Chendai HongPeng Footwear Manufacturing Co Ltd (HongPeng Footwear).

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