Brief: Digital Hollywood Interactive Announces Legal Proceedings Against Unit Of Substantial Shareholder
18/05/2020 12:36
May 18 (Reuters) - Digital Hollywood Interactive Ltd
2022.HK :
* UNIT INSTITUTED LEGAL PROCEEDINGS AGAINST SHENZHEN QIANHAI
HUANJING NETWORK TECHNOLOGY
* PROCEEDINGS ON LOSSES, DAMAGES SUSTAINED BY UNIT DUE TO
UNILATERAL TERMINATION OF IP LICENSING AGREEMENTS
* GROUP CONSIDERED THAT GUANGZHOU ZYK DID NOT COMMIT ANY
MATERIAL
DEFAULT AS STATED IN TERMINATION NOTICE
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