Brief: Mulsanne Group Updates On Purported Termination Of Joint Venture With Million Success
14/08/2020 13:29
Aug 14 (Reuters) - Mulsanne Group Holding Ltd 1817.HK :
* MULSANNE GROUP HOLDING- UPDATE ON PURPORTED TERMINATION
OF
JOINT VENTURE WITH MILLION SUCCESS
* MULSANNE GROUP-CO & NINGBO CHISAGE MULSANNE RECEIVED
LETTER
DATED 7 AUG FROM PRC LEGAL ADVISERS TO MILLION SUCCESS REGARDING
TERMINATING JV AGREEMENT
* MULSANNE- REITERATES POSITION THAT IT DOES NOT ACCEPT ANY
ALLEGATIONS MADE IN LETTER & SECOND LETTER
* MULSANNE GROUP- INTENDS TO DEFEND RIGHTS UNDER JV
AGREEMENT AND
ANY PROCEEDINGS THAT MAY BE BROUGHT BY MILLION SUCCESS
Source text for Eikon: ID:nHKS4tcC5Q
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