XINQUAN - UPDATES
| XINGQUAN INTERNATIONAL SPORTS HOLDINGS LIMITED |
Please be informed that Bursa Malaysia Securities Berhad had on 21 September 2017 issued a directive to XINQUAN to make an immediate clarification and disclosures on the litigations involving the subsidiaries of XINQUAN, which the Company has failed to do so.
Based on the information obtained from the link below, the details of the litigation cases against XINQUAN’s subsidiaries are as follows:-
|
No. |
Case Number |
Parties Involved |
Filing Date |
Court |
Sum |
|
1 |
(2017)闽05执1100号 |
Addnice (China) Co. Limited |
2017年08月03日 |
泉州市中级人民法院 |
148,840,000 |
|
2 |
(2017)闽05执1099号 |
Fujian Addnice Sport Goods Co. Limited |
2017年08月03日 |
泉州市中级人民法院 |
60,000,000 |
|
3 |
(2017)闽05执1101号 |
Fujian Addnice Sport Goods Co. Limited |
2017年08月03日 |
泉州市中级人民法院 |
48,970,000 |
|
4 |
(2017)闽05执892号 |
Addnice (China) Co. Limited |
2017年06月23日 |
泉州市中级人民法院 |
29,600,000 |
|
5 |
(2017)闽0503执2942号 |
Fujian Addnice Sport Goods Co. Limited |
2017年08月24日 |
泉州市丰泽区人民法院 |
20,554,242 |
Please refer to the link below for further details:
http://zhixing.court.gov.cn/search/
Announcement Info
| Company Name | XINGQUAN INTERNATIONAL SPORTS HOLDINGS LIMITED |
| Stock Name | XINQUAN |
| Date Announced | 25 Sep 2017 |
| Category | Listing Circular |
| Reference Number | ILC-25092017-00001 |