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Universe Entertainment and Culture Group's Subsidiary Receives Court's Decision on Defendant's Appeal
Express News | Universe Entertainment and Culture Group - Court Ruled That Appeal Is Unsustainable and Is Dismissed
Express News | Universe Entertainment and Culture Group - on 31St May 2024, Group Received Written Decision From Court
Express News | Universe Entertainment and Culture - Updated Announcement in Relation to a Legal Action
Universal Entertainment Culture (01046.HK): All claims and demands made by Chengdu Universal Bona against the Group and other defendants were rejected by the court
Gelonghui, April 8, 丨 Global Entertainment Culture (01046.HK) announced that the Group received a court ruling on the claim on April 3, 2024. According to the ruling, (1) all claims and demands made by Chengdu Global Bona against the Group and other defendants were rejected by the court; and (ii) Chengdu Global Bona was required to bear the processing fee of RMB 549,800. On the date of publication, the board of directors of the company confirmed that the ruling did not have any significant adverse effect on the general operation and financial situation of the Group. Shareholders and potential investors of the Company are requested to act prudently when trading the Company's securities.
UNIVERSE ENT: INTERIM REPORT 2023/2024
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