LEGAL PROCEEDINGS.
−Removed: of September 30, 2024, the Company involved with various legal proceedings:
+Added: As of September 30, 2024, the Company involved
+Added: with various legal proceedings:
HCA702/2018 On March 27, 2018,
8 unchanged sentences
HCA765/2019 On April 30, 2019,
−Removed: 2019, the writ of summons was issued against the Company’s subsidiary, three related companies and the former directors,
−Removed: shareholders and financial consultant by the Plaintiff.
−Removed: This action alleged the deceit and misrepresentation from an inducement of
−Removed: the fund subscription and claimed for compensatory damage of approximately $2 million (equal to HK$17.1 million).
−Removed: On April 18, 2024,
−Removed: the court made an order that the plaintiff shall set the case down for trial on or before July 6, 2024 for a 7 days trial before a
−Removed: judge and there shall be a pre-trial review before the trial judge on a date 12 weeks before the trial.
−Removed: The plaintiff and the
−Removed: defendants agreed on a time extension until August 8, 2024 to set the case down for trial.
−Removed: On August 9, 2024, the Court made an
−Removed: order that the case be adjourned to January 14, 2025 for another case management conference.
−Removed: The case is on-going and parties have
−Removed: yet to attempt mediation.
−Removed: Legal counsel of the Company will continue to handle this matter.
−Removed: At this stage in the proceedings, it is
−Removed: unable to determine the probability of the outcome of the matter or the range of reasonably possible loss, if any.
+Added: the writ of summons was issued against the Company’s subsidiary, three related companies and the former directors, shareholders
+Added: and financial consultant by the Plaintiff.
+Added: This action alleged the deceit and misrepresentation from an inducement of the fund subscription
+Added: and claimed for compensatory damage of approximately $2 million (equal to HK$17.1 million).
+Added: On April 18, 2024, the court made an order
+Added: that the plaintiff shall set the case down for trial on or before July 6, 2024 for a 7 days trial before a judge and there shall be a
+Added: pre-trial review before the trial judge on a date 12 weeks before the trial.
+Added: The plaintiff and the defendants agreed on a time extension
+Added: until August 8, 2024 to set the case down for trial.
+Added: On August 9, 2024, the Court made an order that the case be adjourned to January
+Added: 14, 2025 for another case management conference.
+Added: The case is on-going and parties have yet to attempt mediation.
+Added: Legal counsel of the
+Added: Company will continue to handle this matter.
+Added: At this stage in the proceedings, it is unable to determine the probability of the outcome
+Added: of the matter or the range of reasonably possible loss, if any.
Action Case :
19 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.