Jinyi Group Holdings (00565) is sued by MSC.

date
26/09/2025
Tiger Brokers Financial News App learned that Jin Yi Group Holdings (00565) announced that the company received summonses and statements of claim from MSC Air Cargo SA (as plaintiff) to the High Court of the Hong Kong Special Administrative Region on June 25, 2025 and July 30, 2025, respectively. The summonses and statements of claim request (among other things) the company, as guarantor, to issue an on-demand corporate guarantee payment of 2 million US dollars to MSC. The guarantee involves the liability under the freighter leasing agreement between MSC and the company's subsidiary, Qiong Hong Ao Aviation Development Investment Co., Ltd. (the litigation).