Brief: CMGE Technology Informs Of Dispute Involving Zhongshouyou Brothers
15/02/2023 10:29
Feb 15 (Reuters) - CMGE Technology Group Ltd 0302.HK :
* INFORMED BY CHAIRMAN OF DISPUTE BETWEEN ZHONGSHOUYOU
BROTHERS
LIMITED AND SEVERAL INDEPENDENT THIRD PARTIES
* DISPUTE IN RELATION TO A TOTAL OF 90 MILLION SHARES IN CO
* DISPUTE OVER ENTITLEMENT TO COLLATERAL SHARES COULD NOT BE
RESOLVED THROUGH LEGAL PROCEEDINGS
* CHAIRMAN INFORMED COLLATERAL SHARES SOLD OR OTHERWISE
DISPOSED
OF BY BEAR STEARNS COMPANIES WITHOUT HIS CONSENT
* CHAIRMAN TO ACQUIRE ISSUED SHARES OF NO LESS THAN HK$30
MILLION
ONMARKET AFTER EXPIRY OF CURRENT BLACK OUT PERIOD
Source text for Eikon: ID:nHKS1x3LMD
Further company coverage: 0302.HK
((Reuters.Briefs@thomsonreuters.com;))