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China Vered Fin (00245.HK) terminates the original summons against the company.
Gelonghui November 1st, China Vered Fin (00245.HK) announced that it relates to the original summons under Miscellaneous Case No. 334 of the High Court in 2024. The company received a letter from Lin's legal representative expressing intention to fully terminate the original summons against the company. The company would like to provide the latest information to its shareholders ("shareholders"), that the court has issued a consent order to entirely terminate Lin's claims against all defendants (especially the company and the current executive director and CEO, Li Feng).
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