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Singapore-eDev
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SmallSmall
Supreme |
25-May-2018 15:34
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15:45 lifting of trading halt | ||||
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SmallSmall
Supreme |
25-May-2018 15:32
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The CA dismissed Huawei&rsquo s Appeal and granted Creative&rsquo s Appeal with regard of certain sums. In doing so, the CA ordered that Huawei pay the Company and QMax an additional sum of approximately S$2.3m (in addition to the amounts previously awarded by the High Court of US$9.3 million and S$15.6 million with interest). The CA also awarded costs to the Company and QMax. The CA&rsquo s judgment is final and non-appealable. Following the CA&rsquo s judgment, Creative expects to recognise an income arising from the above-mentioned legal proceedings of approximately US$32 million (S$43 million) in the quarter ending 30 June 2018.
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guards80
Supreme |
25-May-2018 15:30
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Creative: To Recognise S$43 Million Income From Legal Proceedings, Huawei' s Appeal Dismissed.25 May 2018 15:22
The Singapore Court of Appeal dismissed Huawei International Pte Ltd' s Appeal and granted Creative Technology Ltd and QMax' s Appeal with regard of certain sums. In doing so, the CA ordered that Huawei pay the Company and QMax an additional sum of approximately S$2.3m, in addition to the amounts previously awarded by the High Court of US$9.3 million and S$15.6 million with interest. The CA also awarded costs to the Company and QMax. The CA' s judgment is final and non-appealable. Following the CA' s judgment, Creative expects to recognise an income arising from the above-mentioned legal proceedings of approximately US$32 million (S$43 million) in the quarter ending 30 June 2018... http://repository.shareinvestor.com/rpt_view.pl/id/f20f8042c2888b23443a03f33cb052526e8db1e7fdba485ec3bf1421c38695c8/type/si_news |
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commando
Master |
25-May-2018 15:24
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Gd news | ||||
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Orbiwan95
Senior |
25-May-2018 15:16
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Huawei appeal dismissed. Awarded additional 2.3m sgd. | ||||
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michaelmlts
Member |
25-May-2018 14:07
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So far i only know they sue ppl.
All infringe on their patents.
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limkt009
Master |
25-May-2018 14:01
Yells: "Watch your front, grab $$$$$$$$ at your own time" |
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Wow! Either outcome is fireworks.
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Starship
Supreme |
25-May-2018 13:54
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Wow, might be Boom or Bust? If Boom ---- Creative wins big lawsuit and awarded huge sums. If Bust ----- Creative receive lawsuit claiming huge sum of damages. |
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michaelmlts
Member |
25-May-2018 13:29
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Huawei suit already closed.
Next i believe is nvidia or the supplier whom reappeal base on last financial statement.
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guards80
Supreme |
25-May-2018 13:10
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hmmm legal proceedings... very hard to say may sink also let see what news
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qtrinity
Senior |
25-May-2018 13:08
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Probably has to do with Huawei, just a guess... Halt reason : Update on legal proceedings...
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guards80
Supreme |
25-May-2018 13:03
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huat news coming?
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qtrinity
Senior |
25-May-2018 12:58
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Trading halted | ||||
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qtrinity
Senior |
23-May-2018 16:32
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Huh? When did i say $2 ?? Maybe you confused who said that?
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Jiaowei
Member |
23-May-2018 16:26
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I thought you are waiting for 2 dollar? | ||||
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qtrinity
Senior |
23-May-2018 16:20
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Buying up began. | ||||
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qtrinity
Senior |
23-May-2018 14:35
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$ 5.77
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ADNGNG
Senior |
23-May-2018 12:43
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His wave analyst got him trapped in many counters liao still ask him?
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Jiaowei
Member |
23-May-2018 11:51
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Why not ask Wave master SgYuan? | ||||
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lifeisgood
Supreme |
23-May-2018 10:18
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Anybody think this will breakdown below $5? I am waiting at $2 - $3 to pick up more.
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