ATV Holdings (00707): Termination of litigation
Asia Television Holdings (00707) announced that Hong Kong Science Park Corporation, as the plaintiff, has filed a lawsuit against the company's subsidiary Asia...
ATV Holdings (00707) announced that Hong Kong Science Park Corporation, as the plaintiff, and the company's subsidiary, Asia Television Limited, as the defendant, have reached a friendly settlement regarding the legal proceedings in the Hong Kong High Court concerning the property located at 25-37 Tai Shing Street, Tai Po Industrial Estate, New Territories, Hong Kong. As a result, all legal proceedings (including any counterclaims by the defendant) will be fully terminated without any order as to costs.
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