BRIEF-China Health Group updates on originating summons against Li Hong Holdings Ltd
March 30 (Reuters) - China Health Group Ltd * Refers to announcements in relation to an originating summons against li hong holdings limited * Defendant has undertaken not to file a winding up petition against co based on alleged outstanding sum * Company has undertaken to pay sum of us$4 million or its equivalent into court and so paid on 19 october 2016 among other things * On 30 September 2016, hearing took place during which defendant has undertaken not to file a winding up petition * It was concluded that plaintiff has shown that there is bona fide dispute of alleged outstanding sum on substantial grounds Source text ( http://bit.ly/2nzwdQ4 ) Further company coverage: (bangalore.newsroom@thomsonreuters.com)
