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8173 Hephaestus Holdings News Story

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Brief: Union Asia Enterprise updates on legal proceedings

Nov 23 (Reuters) - Union Asia Enterprise Holdings Ltd :  
    * Update on investigation on unauthorised discloseable 
transaction and commencement of legal action  
    * Evotech has commenced legal proceedings at high court of 
republic of Singapore against Koh Tat Lee 
    * Legal proceedings against koh tat lee for breaches of his 
duties as director and employee of evotech 
    * Legal proceedings  against Koh Tat Lee and against Lily 
Bye Lay Lay for s$2.3 million and us$1.1 million 
 
Source text for Eikon:  ID:nHKS4GgNbK  
Further company coverage:  8173.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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