IN BRIEF: MiLOC settles legal proceeding, faces further dispute

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

MiLOC Group Ltd - Hong Kong-based pharmaceutical and beauty products - Says its subsidiary Star Collaboration Guangzhou Ltd has settled a legal dispute with one of its suppliers for a total of around £60,714. Star Collaboration and its immediate holding company are also facing legal proceedings with another supplier seeking ¥1.8 million, around £216,500.

MiLOC says it will defend this case.

Current stock price: 20 pence

12-month change: unchanged

Copyright 2022 Alliance News Limited. All Rights Reserved.