Brief: V1 Group Updates On Articles On Certain Operating License Of Tele-Media Business

Crazy Sports

12/06/2018 12:11

June 12 (Reuters) - V1 Group Ltd  0082.HK :
    * NOTES CERTAIN ARTICLES CLAIMING THAT LICENSE FOR SPREADING
AUDIO-VISUAL PROGRAMS VIA INFORMATION NETWORK  OF GROUP HAD
EXPIRED
    * UP TO JUNE 12, VODONE HAS NOT OBTAINED APPROVAL FROM
SAPPRFT FOR
SUCH RENEWAL AND LICENSE HAD EXPIRED ON 30 APRIL 2018
    * CURRENTLY SEEKING ADVICE FROM ITS PRC LEGAL ADVISERS IN
RESPECT
OF LICENSE AND POSSIBLE IMPACTS AND/OR RISKS TO GROUP

Source text for Eikon:  ID:nHKS4GH9R7 
Further company coverage:  0082.HK 

 ((Reuters.Briefs@thomsonreuters.com;))