China Ever Grand Financial Leasing Group Co., Ltd. (HK:0379) has released an update.
China Ever Grand Financial Leasing Group Co., Ltd. faces a lawsuit from Beijing Ever Grand seeking a capital injection repayment of $22.61 million plus interest and litigation costs. Despite a similar amount owed by another shareholder, Zhong An, Beijing Ever Grand has not taken equivalent legal action against them. The company’s board believes in a strong legal position to resolve the matter, with a court hearing set for April 15, 2025, and promises to keep shareholders updated.
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