Superactive Group (HKG:0176) said it has been notified of legal proceedings in Hong Kong concerning the alleged non-payment of amounts owed under a bond, according to a Hong Kong bourse filing Tuesday.
The company, whose shares have been suspended from trading since March 31, said the plaintiff is seeking to recover HK$546.8 million in outstanding bond principal plus accrued interest.
Superactive said it is obtaining legal advice on the matter and intends to defend itself against the claim.
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